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Money Crux
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India's revised GDP figures confirm robust growth despite methodology changes

India’s statistics ministry has defended its revised first-quarter GDP figures, emphasising that methodological changes, including a shift to a new base year, do not artificially inflate growth data amid reports of potential manipulation. India’s statistics ministry has rejected claims that…

  • apxadmin
  • September 2, 2026
  • Fintech & Digital Money

KFin Technologies launches Arya, a conversational AI platform for seamless mutual fund transactions

KFin Technologies has unveiled Arya, an innovative conversational AI platform designed to enable investors to perform mutual fund transactions within a single dialogue, potentially transforming fund servicing across its network. KFin Technologies has unveiled ARYA, a conversational AI platform that…

  • apxadmin
  • September 2, 2026
  • Personal Finance & Wealth

Avoidable mistakes behind most health insurance claim rejections in India

Most health insurance claim rejections in India stem from preventable errors such as incomplete documentation, missed disclosures, or lapses in coverage, rather than major disputes. Policymakers advise careful planning and thorough record-keeping to reduce denials and streamline claims processing. Health…

  • apxadmin
  • September 2, 2026
  • Tax, Laws & Money Explained

Sovereign Gold Bond investors face lucrative early redemption amid soaring gold prices

Investors in the 2019-20 Series IV Sovereign Gold Bonds are approaching a crucial early-exit window on 17 September 2026, with rising gold prices potentially unlocking substantial gains , but tax rule changes could impact final returns. Investors who bought the…

  • apxadmin
  • September 2, 2026
  • Fintech & Digital Money

MIDASX and MF Utilities India partner to revolutionise mutual fund distribution through AI-driven wealth platform

MIDASX’s exclusive partnership with MF Utilities India aims to expand offerings for mutual fund distributors across India, leveraging AI technology to streamline and scale wealth management services for over 700,000 investors and assets exceeding ₹2.5 lakh crore. MIDASX has struck…

  • apxadmin
  • September 2, 2026
  • Personal Finance & Wealth

Bank of Baroda's Bob Crorepati scheme aims to make Rs 1 crore through disciplined savings and flexible features

Bank of Baroda introduces the Bob Crorepati recurring deposit plan, offering a flexible, disciplined route for savers to accumulate approximately ₹1 crore over 6 to 120 months, with features catering to rural, semi-urban and senior citizens. Bank of Baroda is…

  • apxadmin
  • September 2, 2026
  • Markets & Investing

ICICI Bank's foreign-currency deposit surge signals short-term margin squeeze but stronger outlook

ICICI Bank mobilised $17.88 billion through FCNR(B) deposits under RBI’s swap window, boosting its balance sheet despite impending margin pressures, with global brokerages maintaining buy ratings amid cautious optimism. ICICI Bank’s latest foreign-currency deposit drive has put it in an…

  • apxadmin
  • September 2, 2026
  • Tax, Laws & Money Explained

Transfer pricing compliance: Indian subsidiaries risk audits despite timely Form 3CEB filings

Indian subsidiaries often believe that timely Form 3CEB submissions shield them from transfer pricing scrutiny, but experts warn that weaknesses in documentation, transaction mapping, and method selection can lead to audits and disputes despite compliance efforts. Indian subsidiaries of multinational…

  • apxadmin
  • September 2, 2026
  • Economy, Policy and Business

TCS wins strategic ₹2,000 crore Best Buy contract, overtaking rivals in AI and digital services

Tata Consultancy Services secures a major five-year deal with Best Buy to manage its Bengaluru global capability centre, signalling a shift towards greater outsourcing of core digital operations and AI services in the retail sector. Tata Consultancy Services has won…

  • apxadmin
  • September 2, 2026
  • Personal Finance & Wealth

Diversifying funding sources improves resilience for students planning to study abroad

Experts advise building a robust, multi-layered funding plan for master’s students studying abroad, emphasising early preparation, diversified sources, and contingency buffers to navigate financial setbacks and maximise support opportunities. Planning how to finance a master’s abroad is less about finding…

  • apxadmin
  • September 2, 2026
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