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New rules complicate overseas Indians’ ability to transfer funds from NRO accounts

Changes in Indian banking regulations from April 2026 introduce stricter documentation and certification requirements for NRIs moving funds from NRO accounts abroad, adding hurdles to an already complex process. For many overseas Indians, the real test begins after the money…

  • apxadmin
  • October 2, 2026
  • Economy, Policy and Business

India extends export measures to support businesses amid West Asia disruptions

India has extended key export-support schemes amidst ongoing disruptions in West Asia, aiming to shield businesses from rising costs and logistical uncertainties, with measures now lasting into late 2026. India has extended two export-support measures as officials seek to shield…

  • apxadmin
  • October 2, 2026
  • Markets & Investing

Half of Nifty 500 now in bear territory as India’s market decline accelerates

Over 50% of the Nifty 500 stocks have fallen into bear-market territory amid a broad sell-off driven by global geopolitical tensions, rising borrowing costs, and changing macroeconomic conditions, signalling a significant shift in India’s equity landscape. More than half of…

  • apxadmin
  • October 2, 2026
  • Fintech & Digital Money

Mpay leverages high-volume experience to redefine reliability in India's fintech landscape

Mpay by MMADPay distinguishes itself in India’s competitive fintech market through its focus on reliability, compliance, and operational stability, honed by years of managing high-volume transactions with Indian Railways’ IRCTC system. MPay by MMADPay is pitching itself as more than…

  • apxadmin
  • October 2, 2026
  • Tax, Laws & Money Explained

Bank of Baroda ventures into pension fund business with digital push to attract 3 crore new subscribers

Bank of Baroda becomes the second state-owned bank to enter the pension fund sector, leveraging digital platforms like BHIM and UPI to accelerate pension onboarding and target millions of new subscribers amid regulatory expansion efforts. Bank of Baroda has moved…

  • apxadmin
  • October 2, 2026
  • Personal Finance & Wealth

NCERT foregrounds financial literacy in new Class 9 social science curriculum

NCERT’s revised Class 9 social science textbook integrates practical lessons on taxation, budgeting, and investing, reflecting a broader push to equip Indian students with essential financial skills for real-world decision-making. NCERT has put financial literacy at the centre of its…

  • apxadmin
  • October 2, 2026
  • Markets & Investing

Asian equities fluctuate as bond sell-off intensifies ahead of US jobs report

Asian markets showed mixed performance on Friday amid a sharp rise in global bond yields and anticipation of the US monthly jobs data, prompting concerns over equity valuations and interest rate hikes. Asian equities were mixed on Friday as a…

  • apxadmin
  • October 2, 2026
  • Personal Finance & Wealth

Family code word emerges as defence against rising voice cloning scams

As AI-generated voice scams become more convincing and widespread, families are turning to simple but effective measures like shared code words to protect themselves from financial and personal frauds. A simple family safeguard can help blunt one of the fastest-growing…

  • apxadmin
  • October 2, 2026
  • Economy, Policy and Business

India’s power shortage hits three-year peak amid rising demand and limited hydropower

India experienced its highest electricity shortfall in over three years in September, driven by increased demand, hot weather, and reduced hydropower, prompting government intervention to stabilise the grid. India recorded its steepest electricity shortage in more than three years in…

  • apxadmin
  • October 2, 2026
  • Fintech & Digital Money

India’s payments infrastructure adopts precise AI models for secure and compliant customer support

The National Payments Corporation of India is shifting towards small, task-specific AI models like FiMI to enhance security, compliance, and operational efficiency in the country’s digital payments ecosystem, reflecting a broader move towards deterministic AI in financial services. India’s payments…

  • apxadmin
  • October 2, 2026
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