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Gold and silver reach one-month highs amid global market optimism and easing inflation fears

Precious metals rally to one-month peaks in India and internationally as traders factor in easing inflation concerns, a potential US-Iran agreement, and declining oil prices. Gold prices rose for a second straight session on Wednesday to reach a one-month high…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India shifts trade strategy as non-tariff barriers threaten export gains

India’s pivot from tariff protection to deepening global supply chain links underscores new trade hurdles. While agreements with key nations open opportunities, non-tariff barriers and compliance costs threaten to limit actual gains for small businesses, signalling a complex transition in…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Vikra Ocean Tech aims to revolutionise India’s underwater robotics landscape with indigenous solutions

Chennai-based startup Vikra Ocean Tech is developing domestically manufactured underwater systems to replace imports, with promising funding and government support signalling a potential shift in India’s marine technology capabilities. Vikra Ocean Tech, a Chennai-based marine robotics company, is trying to…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

India expands tax relief to boost its dominance in global rough-diamond trade

India is proposing a 15-year tax exemption for overseas rough-diamond sellers in special notified zones, a move aimed at consolidating its status as the world’s centre for diamond processing and trading amid industry efforts to curb business loss to Dubai…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Tamil Nadu's budget tests fiscal strategy amid welfare promises and revenue reforms

Tamil Nadu’s first budget under M.K. Stalin’s government balances welfare schemes with tighter fiscal management, relying on enforcement and digitisation to boost revenue without new taxes, amid political and debt concerns. Tamil Nadu’s first budget under M.K. Stalin’s government is…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India seeks to make itself a major hub for rough diamond trade with 15-year tax exemption

India has proposed extending a 15-year tax exemption for foreign companies selling rough diamonds in special notified zones, aiming to attract international sellers and bolster its position as a global diamond trading and manufacturing centre. India has moved to widen…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Microsoft commits over $21 billion to expand cloud and AI infrastructure in India

Microsoft is making its largest Asian investment to date, with a $21 billion push into India to enhance cloud, AI, and skills training, including the development of a new hyperscale data centre in Hyderabad by mid-2026. Microsoft is deepening its…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India’s office market expands beyond Bengaluru as Pune leads a new wave of growth in 2026

India’s office leasing market is diversifying in 2026, with Pune emerging as a key hub and global capability centres driving record demand across smaller cities, signalling a shift towards a more balanced and talent-driven growth phase. India’s office market is…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Indian refineries diversify crude sourcing amid Middle East tensions and supply chain shifts

India’s state-run oil refiners are expanding their oil sourcing beyond the Middle East, turning to West Africa, Nigeria, and other regions to ensure reliable supplies amidst regional tensions and logistical adjustments. India’s state-run refiners are widening their search for crude…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Parliamentary panel urges India to accelerate US trade deal amid tariff concerns

India’s parliamentary committee calls for swift progress on a bilateral trade agreement with the United States, highlighting the need for safeguards against tariff shifts and stronger cooperation in critical sectors to meet economic targets by 2030. A parliamentary committee has…

  • apxadmin
  • August 6, 2026
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