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India sets bold targets in Independence Day address, from AI training to nuclear capacity expansion

Prime Minister Narendra Modi outlined an ambitious policy agenda during this year’s Independence Day speech, targeting rapid growth in AI skills, nuclear power, semiconductors, civil defence, and women-led rural enterprise, signalling a significant push towards self-reliance and technological advancement. In…

  • apxadmin
  • August 17, 2026
  • Economy, Policy and Business

Indian MSMEs are urged to capitalise on newly expanded free trade agreements to boost global market access

Indian exporters and industry leaders welcome Prime Minister Narendra Modi’s call for micro, small and medium enterprises to leverage the country’s growing network of free trade agreements, amid calls for better implementation and practical support to turn tariff cuts into…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Experts warn AI’s confidence in personal finance could lead to costly mistakes

As AI chatbots become more prevalent in personal finance, experts caution that their convincing language can mask critical inaccuracies, risking significant losses among users, especially for complex, individual decisions. Artificial intelligence is moving quickly into personal finance, but experts are…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

India’s nearly Rs 1 lakh crore in dormant deposits now searchable through RBI’s UDGAM portal

India is sitting on nearly Rs 1 lakh crore of unclaimed bank deposits, with the RBI launching the UDGAM portal to help owners reclaim their funds and increase accountability across banks. India has nearly Rs 1 lakh crore sitting in…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Prioritising total annual cost over monthly premiums in health insurance choices

Choosing the right health insurance requires assessing personal health needs and understanding plan structures to achieve the best value, rather than just selecting the cheapest premium. Choosing the right health insurance plan is less about finding the cheapest premium than…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Estate planning begins with acknowledgement, but first steps are more complex than a will

Advisers emphasise that effective estate planning involves more than just a will, requiring coordinated legal, tax, and financial strategies from the outset. Essential documents and ongoing review are key to ensuring wishes are met amid life changes. Advisers often find…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Iranian cyber police warn of Telegram scam using fake Bank Melli Iran bot to steal accounts

Iranian cybercrime authorities have issued a warning about a sophisticated scam on Telegram involving a fake bot impersonating Bank Melli Iran, aimed at stealing users’ messaging and banking credentials through social engineering tactics and fake verification prompts. Iranian cybercrime police…

  • apxadmin
  • August 17, 2026
  • Fintech & Digital Money

India’s first purpose-built GenAI model aims to revolutionise financial statement analysis

Decimal Point Analytics launches India’s first domain-specific GenAI model, Bindu FRS 1.0, targeting financial statement standardisation and accuracy, signalling a shift towards specialised AI solutions in enterprise software. Indian companies are moving past AI trials and into live deployment, and…

  • apxadmin
  • August 17, 2026
  • Fintech & Digital Money

Lenders shift focus to cash flow analysis for small business loans amid stricter criteria

As traditional profitability becomes less decisive, lenders prioritise real-time cash flow and ratios like DSCR to assess small businesses’ borrowing capacity, transforming the lending landscape. A business can be profitable and still miss out on finance if its cash flow…

  • apxadmin
  • August 17, 2026
  • Markets & Investing

BSE shares tumble after Jefferies downgrades amid growth concerns despite strong June quarter

BSE shares fell sharply following a downgrade by Jefferies, which cited slowing market-share gains and regulatory risks, despite the exchange’s robust June-quarter performance. BSE shares slid sharply on Monday after Jefferies cut its view on the exchange operator, warning that…

  • apxadmin
  • August 17, 2026
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