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Rising mistaken UPI transfers push users to seek faster recovery methods

As digital payments become routine, mistaken UPI transfers pose a growing challenge, but prompt action can improve chances of recovery despite limited automatic reversal options. Mistaken UPI transfers are a growing headache as digital payments become routine, but users are…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India’s FCNR(B) deposit boost accelerates beyond expectations, raising questions over rupee stability

India’s special foreign-currency deposit scheme is rapidly surpassing expected inflows, with potential to reach $85 billion, posing both opportunities and challenges for the economy and currency stability. State Bank of India Research expects India’s special foreign-currency deposit drive to finish…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India’s growing GCCs shift focus from back-office work to strategic innovation hubs

India’s 1,700 global capability centres, employing over 1.9 million professionals, are transitioning from low-cost execution to strategic roles in AI, machine learning, and research, driven by technological advances and policy reforms. India’s global capability centre boom is moving well beyond…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India aims for energy selfsufficiency and semiconductor dominance by 2047 amid global resource concerns

Prime Minister Narendra Modi has outlined a bold seven-part agenda to boost India’s self-reliance in energy, technology, and manufacturing, setting ambitious targets ahead of the 2047 milestone amid rising geopolitical and supply chain vulnerabilities. Prime Minister Narendra Modi used his…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India’s space ambitions ignite national pride with viral orbiting flag and lunar plans

A viral Independence Day video showing a flag unfurling in orbit has reignited global curiosity about India’s growing space programme, amid celebrations and political remarks that highlight the nation’s cosmic ambitions. A viral video posted on Independence Day has sparked…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India’s new 'Sapta Dhara' framework unites AI, semiconductors, sport and census in a fresh policy vision

Prime Minister Narendra Modi outlines a comprehensive ‘Sapta Dhara’ plan integrating AI, semiconductors, sports, and digital census efforts to accelerate India’s growth agenda over the next five to seven years during Independence Day address. On the 80th Independence Day, Narendra…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

Modi envisions India’s youth as drivers of a 2047 industrial revolution with focus on energy and technology

Prime Minister Narendra Modi highlights his vision of transforming India into a developed nation by 2047, centring on youth empowerment, technological innovation, and energy independence through new industries and infrastructure projects. Narendra Modi used India’s Independence Day speech to cast…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India sets sights on leading in AI, 6G and nuclear power to drive economic growth

Prime Minister Narendra Modi highlights India’s ambitious plans to become a global leader in AI, 6G telecoms, and nuclear energy, aiming to reshape the nation’s technological future with bold investments and policy initiatives. Prime Minister Narendra Modi used India’s Independence…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India’s healthcare expansion faces new test of affordability and transparency

As India’s healthcare sector grows, the challenge lies in balancing sector expansion with financial protection for families, amid rising private spending and technological innovation. India’s healthcare story is increasingly being shaped by a question that goes beyond capacity alone: can…

  • apxadmin
  • August 15, 2026
  • Tax, Laws & Money Explained

Small finance banks boost senior citizen fixed deposit rates beyond 8%, surpassing larger lenders

Small finance banks like Jana and Suryoday are offering senior citizens fixed deposit returns above 8%, disrupting the traditional dominance of larger private and state-owned banks in senior savings strategies. Small finance banks are still leading the pack for senior…

  • apxadmin
  • August 15, 2026
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