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Mumbai scam targets retired citizens through fake voter roll updates, draining lakhs

Retired Mumbai residents are increasingly falling prey to sophisticated cyber crimes exploiting election-related procedures, with victims losing lakhs after scammers pose as officials and manipulate their trust. A retired college principal from Deonar has lost ₹17 lakh in what police…

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

India clarifies biometric Aadhaar-based e-KYC exemption for existing LPG users amidst subsidy verification drive

The Indian government has emphasized that only unverified domestic LPG consumers need to complete biometric Aadhaar-based e-KYC, aiming to tighten subsidy delivery while assuring existing verified users their access remains unaffected. Millions of domestic LPG users in India have been…

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

India sees surge in public sector hiring driven by diverse roles and expanding opportunities

A rare wave of over 25,000 vacancies across India’s public sector offers new entry points for jobseekers, from banking and railways to defence and healthcare, with key deadlines approaching. This week has brought a rare burst of public-sector hiring across…

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

India’s private space sector accelerates with over 440 start-ups and record funding

India’s burgeoning private space industry has expanded rapidly, with more than 440 start-ups registered and investment soaring to nearly $622 million, signalling a new era of domestic space ambitions. India’s space technology sector has grown into a sizeable private industry,…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

Binance reveals shift as Gen Z favours ETFs and tokenised securities over single stocks

Binance Research highlights a notable shift among younger investors, with Gen Z leaning more heavily on ETFs and tokenised securities, signalling a changing landscape in retail investing driven by digital channels and social media influence. Binance Research says a younger…

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

Understanding how liabilities influence mortgage approval and how to optimise borrowing power

Homebuyers and lenders need to consider not just income but also liabilities, such as student loans and auto debts, with recent guidance highlighting the importance of managing monthly obligations to improve mortgage approval chances. When homebuyers think about mortgage approval,…

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

Polished social media scams leverage deepfakes and celebrity impersonation to deceive investors

Fraudsters are increasingly sophisticated, using AI-generated deepfakes, cloned websites, and celebrity impersonations to lure investors into fraudulent schemes, with warnings from regulators about the growing threat and red flags to watch for. Fraudsters on social media are becoming more polished,…

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

Chandrasekaran’s exit intensifies scrutiny of Tata’s Air India turnaround

As N. Chandrasekaran prepares to step down as Tata Sons chairman in 2027, the airline’s costly recovery and governance complexities threaten to reshape the group’s ambitious aviation plans amid mounting losses and technical challenges. N. Chandrasekaran’s planned departure as chairman…

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

India’s fuel stability persists amid escalating US-Iran tensions and volatile global crude markets

Retail petrol and diesel rates across major Indian cities remained steady on 16 August despite a sharp weekly rise in crude oil prices, amidst ongoing US-Iran tensions and recent domestic tax adjustments aimed at stabilising supply. Fuel prices across India…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

Active corporate action week signals investment opportunities and market shifts

Shareholders and investors should watch a packed week of corporate events from August 17 to August 21, as multiple companies announce dividends, bonus issues, rights issues, and stock splits, impacting market dynamics and entitlements. Investors will be watching a heavy…

  • apxadmin
  • August 16, 2026
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