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India's tokenised corporate bond pilot gains momentum with L&T's upcoming issue

Following REC’s successful digital bond issuance, Larsen & Toubro prepares to test the tokenisation concept further, signalling a potential shift in India’s bond market infrastructure. India’s first completed tokenised corporate bond sale has quickly turned from a one-off experiment into…

  • apxadmin
  • September 8, 2026
  • Tax, Laws & Money Explained

SEBI extends deadline for older angel funds to comply with accredited-investor rule to March 2027

India’s securities regulator has postponed the enforcement of the accredited-investor requirement for legacy angel funds, offering nearly seven months’ additional time for compliance amid industry pressure, while maintaining the rule’s core framework. India’s securities regulator has pushed back a key…

  • apxadmin
  • September 8, 2026
  • Economy, Policy and Business

Modi's Mumbai visit highlights India's ambitions to lead fintech innovation with AI, tokenisation, and quantum computing

Prime Minister Narendra Modi is set to attend the seventh Global Fintech Fest in Mumbai, emphasising India’s focus on advancing financial technology through AI, tokenisation, and quantum systems amid growing international collaboration and state-led infrastructure growth. Narendra Modi is due…

  • apxadmin
  • September 8, 2026
  • Markets & Investing

Purple Style Labs' weak debut raises questions over valuation and profitability concerns

Purple Style Labs listed with a 7% discount, ending below issue price amid modest demand and profit worries, prompting investor caution despite strong celebrity backing. Purple Style Labs spent its first day on the market clawing back much of an…

  • apxadmin
  • September 8, 2026
  • Personal Finance & Wealth

US parents overlook crucial estate planning steps, risking future instability

A new survey reveals that half of US parents lack essential estate documents, highlighting urgent gaps in safeguarding families’ futures amid evolving life circumstances. Half of US parents say they have no estate-planning documents at all, according to a 2026…

  • apxadmin
  • September 8, 2026
  • Markets & Investing

Ola Electric seeks fresh capital boost amid market slowdown and leadership changes

Ola Electric’s board approves a plan to raise up to ₹1,500 crore through equity-linked securities, as the company navigates declining sales, market share erosion, and leadership transitions, signalling an intensified push for expansion beyond core scooter business. Ola Electric has…

  • apxadmin
  • September 7, 2026
  • Tax, Laws & Money Explained

India introduces detailed customs clearance checklist for pharmaceuticals and cosmetics to speed up imports

India’s customs authorities have implemented a comprehensive seven-checklist system for importing cosmetics, drugs, and medical devices, aiming to streamline clearance and reduce port delays amid ongoing system integrations. According to Circular No. 40/2026-Customs, reproduced by S C J Associates and…

  • apxadmin
  • September 7, 2026
  • Fintech & Digital Money

Indian financial firms turn to simulation drills amid rising fraud risks and AI-enabled scams

As bank frauds surge and AI-driven scams proliferate in India, financial institutions are adopting forensic-style crisis simulations to enhance fraud resilience and meet tightening regulatory demands. On Monday, 7 September 2026, Algoritha Security said it was rolling out fraud-crisis tabletop…

  • apxadmin
  • September 7, 2026
  • Economy, Policy and Business

India accelerates critical minerals drive to reduce reliance on China amid global race

India is fast-tracking its critical mineral strategy, aiming to build domestic processing capacity and strengthen diplomatic ties to challenge China’s dominance in the market, amid rising geopolitical tensions and record mineral prices. India is trying to turn critical-mineral security into…

  • apxadmin
  • September 7, 2026
  • Fintech & Digital Money

Regulatory clampdown on banking-as-a-service exposes risks and reshapes fintech partnerships

The collapse of Synapse Financial Technologies has prompted regulators to impose stricter requirements on banks working with fintechs, shifting the industry towards higher operational standards and potentially prompting a retreat from BaaS offerings. The collapse of Synapse Financial Technologies has…

  • apxadmin
  • September 7, 2026
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