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India's stocks plunge as global risk fears spike on oil and trade tensions

Indian shares experienced a sharp sell-off on Wednesday, with the Sensex falling over 600 points amid concerns over rising crude oil prices, US-Canada trade tensions, and a weaker global risk appetite, impacting technology and energy sectors Indian shares sold off…

  • apxadmin
  • September 9, 2026
  • Personal Finance & Wealth

Punjab National Bank revives 444-day fixed deposit with leading rates for seniors and short-term investors

Punjab National Bank’s renewed 444-day fixed deposit scheme stands out among public-sector banks with its attractive rates and flexible access options, appealing especially to senior citizens and risk-averse savers seeking short-term investments. Punjab National Bank has put a 444-day fixed…

  • apxadmin
  • September 9, 2026
  • Tax, Laws & Money Explained

ICAI finalises deadline for firm submissions of 2026-27 bank audit empanelment form

Chartered accountancy firms and LLPs have until today to submit their Multipurpose Empanelment Form for the 2026-27 cycle, with no extensions granted, impacting eligibility for public sector bank audit panels. Chartered accountancy firms and limited liability partnerships have until today,…

  • apxadmin
  • September 9, 2026
  • Fintech & Digital Money

Modernising fraud detection reduces costly false declines for card issuers

BPC highlights the significant financial and operational impact of false declines on card issuers, advocating for real-time decisioning and adaptive models to cut costs and improve customer experience amid evolving payment landscapes. Card issuers have long been diligent about counting…

  • apxadmin
  • September 9, 2026
  • Markets & Investing

Asian chip stocks rally amid AI optimism as Middle East tensions push Brent crude near US$100

Asian chip stocks extended their rally on Wednesday, driven by investor enthusiasm for artificial intelligence, while escalating Middle East tensions lifted Brent crude towards US$100 a barrel amid geopolitical concerns and inflation fears. Asian chip stocks extended their recent rally…

  • apxadmin
  • September 9, 2026
  • Economy, Policy and Business

BRICS summit reveals cautious shift towards de-dollarisation with focus on digital payments

As the BRICS nations gather in New Delhi, their approach to reducing reliance on the US dollar centres on practical infrastructure, local currencies, and digital payment systems, signalling a gradual move rather than an abrupt shift. India will host the…

  • apxadmin
  • September 9, 2026
  • Personal Finance & Wealth

India’s rising female investors highlight the gap in financial independence

Despite increasing participation in investment markets, many women in India lack control over their financial assets, exposing hidden dependencies amid a broader shift towards female wealth accumulation. In India’s dual-income households, financial independence can look more secure than it really…

  • apxadmin
  • September 9, 2026
  • Markets & Investing

Steamhouse India launches ₹414 crore IPO amid strong financial growth and sector optimism

Steamhouse India Ltd. has opened subscriptions for its ₹414 crore initial public offering, reflecting rapid financial improvement and sector potential, as investors assess its expansion prospects and sector exposure. Steamhouse India Ltd. has opened subscriptions for its ₹414 crore initial…

  • apxadmin
  • September 9, 2026
  • Economy, Policy and Business

Andhra Pradesh aims to forge an industrial strategy through deep-tech and hardware focus

Andhra Pradesh is transforming its policy announcements into a comprehensive industrial strategy, emphasising deep-tech start-ups, hardware ecosystems, and regional innovation hubs to drive manufacturing-led growth beyond traditional software solutions. Andhra Pradesh is trying to turn a policy announcement into an…

  • apxadmin
  • September 9, 2026
  • Fintech & Digital Money

Prime Minister Modi urges Indian fintech to lead global UPI expansion and cut remittance costs

Prime Minister Narendra Modi has called on India’s fintech industry to promote the global reach of the Unified Payments Interface, aiming to reduce remittance costs for overseas Indians and establish India as a standard-setter in international digital payments at the…

  • apxadmin
  • September 9, 2026
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