Preheat the oven to 350°F (175°C) and grease your Bundt pan.
In a large mixing bowl, whisk together flour, baking powder, baking soda, cinnamon, nutmeg, and salt.
In another bowl, combine granulated sugar, brown sugar, and vegetable oil, and mix until combined.
Add eggs and vanilla extract to the sugar mixture, mixing well.
Gradually add the dry mixture to the wet mixture and stir until just combined.
Fold in the chopped apples gently into the batter, ensuring even distribution.
Pour the batter into the prepared Bundt pan and smooth the top.
Bake in the preheated oven for 55-65 minutes or until a toothpick inserted comes out clean.
Once baked, allow the cake to cool in the pan for 15 minutes before inverting onto a wire rack.
Prepare the glaze by whisking powdered sugar and milk until smooth, then drizzle over the cooled cake.