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India warns of social media scams pushing malicious Android apps for financial theft

Indian authorities caution users against social media adverts promoting adult content apps that conceal malware designed to hijack devices and steal finances, amid rising fraud reports. India’s cybercrime authorities have warned that a growing number of Android frauds are being…

  • apxadmin
  • September 12, 2026
  • Economy, Policy and Business

West Bengal accelerates land transfer to 33 industrial projects ahead of Durga Puja, signalling renewed investment push

The West Bengal government is set to transfer land for 33 industrial projects before Durga Puja, aiming to boost manufacturing and attract major investments, including a hospital project with the Adani Group and a defence initiative at Junput. West Bengal…

  • apxadmin
  • September 12, 2026
  • Tax, Laws & Money Explained

Bombay High Court rules banks must return original property papers after loan repayment

The Bombay High Court has reiterated that banks are responsible for safeguarding and returning original title papers, ordering the SBI to pay compensation for missing property deeds decades after loan repayment. This ruling highlights systemic issues in India’s property record…

  • apxadmin
  • September 12, 2026
  • Fintech & Digital Money

BRICS expands cross-border payments collaboration to enhance local currency transactions

Russia’s sovereign wealth fund and BRICS Pay India sign new deal to strengthen local currency transactions within the bloc, aiming to reduce reliance on Western payment channels amid ongoing global shifts. Russia’s sovereign wealth fund and the Indian arm of…

  • apxadmin
  • September 12, 2026
  • Markets & Investing

BRICS debates de-dollarisation as Iran’s president calls for currency shift at summit

Iran’s president Masoud Pezeshkian has reignited the debate on establishing a credible alternative to the US dollar within the BRICS grouping, amid rising tensions with Washington and efforts to deepen financial integration beyond mere currency issuance. Iran’s president, Masoud Pezeshkian,…

  • apxadmin
  • September 12, 2026
  • Personal Finance & Wealth

Bidvest Bank clarifies limited impact of cyber incident amid ongoing investigation

Bidvest Bank has confirmed a cyber incident involving a third-party provider, assuring customers that their banking systems are unaffected while investigations continue into the extent of data exposure and potential risk. Bidvest Bank has told customers it is dealing with…

  • apxadmin
  • September 12, 2026
  • Economy, Policy and Business

Maharashtra plans to tokenize half of its power transmission network to fund grid upgrades

Maharashtra is developing a pioneering blockchain-based policy to tokenise up to 50% of its power transmission assets, unlocking capital and easing grid bottlenecks, while India advances its digital bond market through tokenised corporate debt pilots. Maharashtra is preparing a policy…

  • apxadmin
  • September 12, 2026
  • Markets & Investing

Gold under pressure as US rate hike bets intensify amid inflation fears and geopolitical tensions

Gold prices decline sharply amid rising expectations of US interest rate hikes driven by persistent inflation, higher energy costs, and geopolitical tensions impacting supply and demand dynamics. Gold prices were under renewed pressure this week as traders grew more convinced…

  • apxadmin
  • September 12, 2026
  • Economy, Policy and Business

India’s mining sector aims for transformative growth driven by digital innovation and critical minerals by 2047

A new report projects India’s mining industry could add $500 billion to its economy and create 25 million jobs by 2047, as it shifts towards ‘Mining 5.0’ with advanced digital technologies and a focus on critical minerals for energy security…

  • apxadmin
  • September 12, 2026
  • Tax, Laws & Money Explained

Mumbai tribunal rules redevelopment proceeds to co-op society are not automatically taxable

The Mumbai Income Tax Appellate Tribunal has clarified that redevelopment gains linked to co-operative housing societies cannot be automatically taxed, emphasizing the importance of proper documentation and the specific nature of transfer benefits for tax purposes. Mumbai’s tax tribunal has…

  • apxadmin
  • September 12, 2026
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