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Oracle and Microsoft overhaul Indian tech workforce amid AI-driven shift

Oracle plans to cut around 3,000 jobs in India, while Microsoft puts hundreds of employees on performance improvement plans, signalling a seismic shift towards AI and automation in the country’s tech industry. Oracle is cutting about 3,000 jobs in India…

  • apxadmin
  • September 2, 2026
  • Markets & Investing

India’s economy surpasses expectations with 7.8% growth in Q1 of FY27

India’s GDP expanded by 7.8% in the April-June quarter of 2026-27, beating estimates amid global challenges, driven by strong demand across sectors and government reforms, says Prime Minister Narendra Modi. Prime Minister Narendra Modi has hailed India’s stronger-than-expected economic performance…

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

Past knee surgery can still secure affordable term insurance, with transparency key

Having a history of knee surgery does not automatically disqualify individuals from obtaining term insurance, but full disclosure and recovery status influence premiums and coverage terms, experts advise. A past accident or knee operation does not automatically rule out term…

  • apxadmin
  • September 2, 2026
  • Markets & Investing

Market rally faces new risks from energy prices and rising yields, NBC warns

Despite continued gains, analysts highlight growing vulnerabilities in the stock market as escalating energy costs and higher Treasury yields threaten the fragile rally, with macroeconomic pressures amplifying concerns among investors. Equities continue to grind higher, but NBC says the rally…

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

India seizes thousands of branded food products in alleged relabeling scheme

Indian authorities have confiscated over 8,400 cartons of products from PepsiCo and Coca-Cola amid investigations into alleged expiry date manipulation and relabelling for export, highlighting increasing regulatory scrutiny in the country. Indian authorities have seized thousands of cartons of branded…

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

Family budgets evolve as families align goals and adapt to changing circumstances

Effective family budgets go beyond balancing figures, fostering shared goals and flexibility to reduce stress and strengthen financial control within households. A well-ordered family budget does more than balance numbers on a page. It gives households a clearer sense of…

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

India aligns foreign trade and forex rules to facilitate rupee settlement without broad liberalisation

India’s Directorate General of Foreign Trade clarifies policy to treat rupee receipts as equivalent to foreign currency realisation, closing a long-standing mismatch without enabling full liberalisation of cross-border deals. India’s Directorate General of Foreign Trade has moved to remove a…

  • apxadmin
  • September 2, 2026
  • Markets & Investing

Hy-Tech Engineers and Symbiotec Pharmalab capture investor enthusiasm in debut, while Skyways Air Services underperforms

Hy-Tech Engineers and Symbiotec Pharmalab experienced strong openings on their market debuts, with Hy-Tech soaring over 42% and Symbiotec showing steady gains. Meanwhile, Skyways Air Services closed below its issue price after drawing initial demand, highlighting varied investor reactions to…

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

India’s space sector struggles to translate start-up activity into sustainable commercial services

India’s recent space policy aims to open the sector to private enterprises, but concerns remain over the sector’s ability to develop a self-sustaining commercial space market rather than remaining reliant on government support. India’s space ambitions have entered a more…

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

India pioneers AI-driven agentic payments with upcoming UPI framework

India is developing the Unified Agent Protocol, a new framework that could enable artificial intelligence systems to handle routine transactions via the country’s already dominant Unified Payments Interface, transforming how everyday payments are made. India is moving towards a new…

  • apxadmin
  • September 2, 2026
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