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Wall Street rallies as AI stocks and dollar retreat drive record high

US stock indices climb to new highs fueled by artificial intelligence demand and softer dollar, while bond yields and currency movements shape market trends amid global economic signals. Wall Street pushed higher on Tuesday, with the S&P 500 briefly setting…

  • apxadmin
  • October 7, 2026
  • Economy, Policy and Business

World Bank upgrades India's growth forecast to 7.1% amid resilient demand and export strength

The World Bank has revised India’s growth outlook for 2026-27 upward to 7.1%, highlighting strong domestic demand and exports despite global uncertainties, as structural reforms bolster resilience. The World Bank has raised India’s growth forecast for fiscal 2026-27 to 7.1%,…

  • apxadmin
  • October 7, 2026
  • Personal Finance & Wealth

New approaches to breaking the paycheck-to-paycheck cycle for low-income households

Experts highlight practical steps such as tracking spending, building small emergency funds, and setting achievable goals to help households on modest incomes escape the cycle of living paycheck to paycheck amid rising pressures and financial fragility. Living from one payday…

  • apxadmin
  • October 7, 2026
  • Tax, Laws & Money Explained

Indian government to trial faceless assessment for CGST registered businesses to streamline compliance

The Centre is set to pilot a faceless assessment system for businesses under the Central Goods and Services Tax regime, aiming to reduce compliance burdens and enhance efficiency across multiple jurisdictions. The Centre is preparing to extend faceless assessment to…

  • apxadmin
  • October 7, 2026
  • Economy, Policy and Business

North of England aims to reshape India-UK trade focus with regional collaboration

A trade mission from northern England to India seeks to move beyond traditional diplomatic links, emphasising regional industries, innovation clusters, and localised economic partnerships following the UK-India trade agreement signed in July 2026. A business mission from the north of…

  • apxadmin
  • October 7, 2026
  • Markets & Investing

AI-driven revolution transforms India’s CCTV market, attracting investor interest and broadening applications

India’s CCTV sector is experiencing a significant shift as AI and computer vision advance from passive recording to active monitoring and analytics, drawing investor enthusiasm and expanding its role beyond perimeter security to retail, public infrastructure, and government applications. Artificial…

  • apxadmin
  • October 7, 2026
  • Economy, Policy and Business

India’s ₹10,000 crore SME Growth Fund aims to accelerate industrial upgrading and global integration

Prime Minister Narendra Modi announced a ₹10,000 crore SME Growth Fund to bolster small and medium enterprises, fostering modernisation, international trade, and regional growth across India. Prime Minister Narendra Modi said on Tuesday that the Cabinet’s approval of a ₹10,000…

  • apxadmin
  • October 7, 2026
  • Markets & Investing

Foreign selling accelerates as India’s large caps lag behind mid-caps amid sectoral caution

Foreign investors have resumed significant selling of Indian equities, focusing on large caps amid concerns over sectoral focus and growth prospects, resulting in record annual outflows and heightened market volatility. Foreign investors have returned to selling Indian equities after a…

  • apxadmin
  • October 7, 2026
  • Personal Finance & Wealth

India raises provident fund wage ceiling to include more workers in retirement scheme

The Indian government has increased the statutory wage ceiling for Employees’ Provident Fund Organisation coverage from ₹15,000 to ₹25,000, potentially broadening retirement savings for millions of lower- and middle-income workers, with significant implications for payroll systems and employee contributions. India’s…

  • apxadmin
  • October 7, 2026
  • Fintech & Digital Money

Automated financial spreading gains ground as lenders seek consistency and efficiency

New automated financial spreading tools are transforming commercial lending by reducing manual data entry, enhancing standardisation, and improving compliance, while highlighting the importance of human judgement for complex cases. Automated financial spreading is becoming a practical way for lenders to…

  • apxadmin
  • October 7, 2026
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