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India’s AI-driven growth must prioritise employment and inclusivity, says Chief Economic Adviser

Chief Economic Adviser V. Anantha Nageswaran urges India to integrate AI into its growth model, emphasising job creation, human-centred policies, and early action to prevent displacement amidst global economic uncertainties. India’s economy is at a turning point, according to Chief…

  • apxadmin
  • September 16, 2026
  • Personal Finance & Wealth

Proposed EPF wage ceiling increase aims to include more middle-income workers in retirement scheme

The planned rise in the Employees’ Provident Fund coverage limit from ₹15,000 to ₹25,000 per month seeks to expand pension benefits for middle-income employees, pending final Cabinet approval. The ceiling for mandatory Employees’ Provident Fund coverage is set to rise…

  • apxadmin
  • September 16, 2026
  • Tax, Laws & Money Explained

India raises EPFO wage ceiling to expand retirement coverage while increasing government spending

The Indian government has approved a significant hike in the EPFO wage ceiling to ₹25,000 per month, aiming to broaden social security for millions of workers, despite increased costs for the government and potential impacts on workers’ take-home pay. The…

  • apxadmin
  • September 16, 2026
  • Markets & Investing

Hero Motors IPO attracts strong retail demand ahead of debut

Hero Motors’ Rs 1,000 crore initial public offering was fully subscribed on its opening day, led by retail investors, signalling strong market interest despite subdued institutional bids, with the issue slated to list on NSE and BSE later this month.…

  • apxadmin
  • September 16, 2026
  • Economy, Policy and Business

India’s rooftop solar market set to accelerate with government scheme driving demand and manufacturing opportunities

India’s residential rooftop solar sector is poised for significant growth between 2026 and 2030, supported by government schemes and mounting demand, with the potential to reach a 132GW market size. India’s residential rooftop solar market could be on course for…

  • apxadmin
  • September 16, 2026
  • Tax, Laws & Money Explained

New policy changes in NPS exit rules challenge traditional retirement planning assumptions

Recent revisions to the National Pension System’s exit and annuity regulations are reshaping how savers calculate their retirement corpus and pension, emphasising flexibility over guaranteed income. The National Pension System calculator can be a useful guide, but only if its…

  • apxadmin
  • September 16, 2026
  • Fintech & Digital Money

Comviva appoints Sanjiv Patankar to drive expansion in digital finance and AI ecosystem

Comviva has named Sanjiv Patankar as head of its fintech business, aiming to accelerate growth in digital wallets, embedded finance, and AI-driven financial ecosystems amidst increasing global competition. Comviva has appointed Sanjiv Patankar to lead its fintech business as the…

  • apxadmin
  • September 16, 2026
  • Personal Finance & Wealth

GST exemption accelerates shift towards higher-value term insurance cover in India

Lower term-insurance premiums following GST exemption have led to a surge in higher-value policies and increased rider adoption, particularly among affluent and younger buyers in India. Lower term-insurance premiums in India are changing how people buy protection, according to a…

  • apxadmin
  • September 16, 2026
  • Personal Finance & Wealth

Delhi man loses over ₹82 lakh in sophisticated online dating scam

A west Delhi resident lost approximately ₹82.5 lakh after being lured into an elaborate online investment scam through a dating app, highlighting a growing trend of digital deception in the capital. A 41-year-old man from west Delhi has alleged that…

  • apxadmin
  • September 16, 2026
  • Tax, Laws & Money Explained

Focus on total repayment over headline rates when choosing microloans and bank loans

Borrowers should prioritise total repayment amounts, loan terms, and contractual details over promotional offers and nominal interest rates when selecting between bank loans and microfinance options, new guidance suggests. When comparing a bank loan with a microloan, the advertising banner…

  • apxadmin
  • September 16, 2026
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