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Fairfax cleared to take control of IDBI Bank in Rs 52,878 crore privatisation

India’s Union Cabinet has approved the sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings, subject to regulatory clearance from the Reserve Bank of India. India’s Union Cabinet has cleared the sale of a 60.72% stake in…

  • apxadmin
  • October 19, 2026
  • Tax, Laws & Money Explained

Why year-round tax planning now matters more than chasing deductions

As tax authorities rely on increasingly detailed financial data, effective planning is shifting from last-minute deductions to earlier decisions on income, investments, business structures and record-keeping. Tax planning has always been about more than simply cutting a bill. The better…

  • apxadmin
  • October 19, 2026
  • Markets & Investing

Axis Bank shares slide 5% as higher provisions overshadow 38% profit growth

Axis Bank shares fell to their lowest level in weeks after quarterly profit missed analysts’ forecasts, with higher provisions offsetting stronger net interest income and improving asset quality. Axis Bank shares fell sharply on Monday after the lender’s September-quarter profit…

  • apxadmin
  • October 19, 2026
  • Fintech & Digital Money

Sahi bets Cairo can close India’s retail investing confidence gap

Sahi co-founder Dale Vaz says its agentic AI assistant is designed to give retail investors accountable, evidence-based guidance without making the buy or sell decision for them. Opening a broking account in India has become almost effortless. The harder problem,…

  • apxadmin
  • October 19, 2026
  • Tax, Laws & Money Explained

UP-RERA extends quarterly filing deadline as digital signatures become mandatory

Developers now have until 31 October 2026 to submit digitally signed quarterly progress reports for the period ended 30 September. The Uttar Pradesh Real Estate Regulatory Authority has pushed back the deadline for filing quarterly progress reports for the quarter…

  • apxadmin
  • October 19, 2026
  • Personal Finance & Wealth

Why high-cost debt can make investing a losing bet

Paying down expensive borrowing often beats investing, but households should protect emergency savings and weigh loan rates, fees and financial goals before making the choice. For many households, the question is not whether to invest, but whether investing should wait…

  • apxadmin
  • October 19, 2026
  • Economy, Policy and Business

KKR lines up ₹6,000 crore bet to accelerate Gentari’s India renewables and hydrogen push

The proposed investment would give Petronas-owned Gentari fresh capital to expand renewable power, support joint ventures and pursue green hydrogen projects in India. KKR is preparing to invest more than ₹6,000 crore in Gentari Renewable India, in a move that…

  • apxadmin
  • October 19, 2026
  • Economy, Policy and Business

Adityanath turns Navratri address into economic scorecard for Uttar Pradesh

On Navami, Uttar Pradesh chief minister Yogi Adityanath presented claims of rising investment, factory numbers, jobs and start-ups as evidence of the state’s transformation under BJP rule. Yogi Adityanath used Navami, the final day of Sharadiya Navratri, to cast Uttar…

  • apxadmin
  • October 19, 2026
  • Tax, Laws & Money Explained

A ₹30,000 salary may mean just ₹2,143 a month in EPS pension

Under the standard EPS wage ceiling, 10 years of service on a ₹30,000 salary could produce a pension of about ₹2,143 a month , rising to roughly ₹4,286 only if contributions were made on actual wages. Many private-sector employees assume…

  • apxadmin
  • October 19, 2026
  • Markets & Investing

Federal Bank shares jump as record profit meets divided broker verdict

Federal Bank shares rose nearly 5% after record second-quarter profit and decadal-low bad loans, but brokerages split over whether the rally has further to run. Federal Bank shares climbed on Monday after the lender reported a sharp improvement in quarterly…

  • apxadmin
  • October 19, 2026
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