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Indian overseas banking choices shift with residency status and currency risks

For Indians living abroad, selecting the appropriate bank account depends on residency status and currency considerations, with non-resident options like NRO, NRE, and FCNR(B) tailored to distinct financial flows and regulations. For Indians living overseas, the question of which bank…

  • apxadmin
  • August 27, 2026
  • Economy, Policy and Business

India’s solar sector confronts rising costs amid policy shifts and infrastructure growth in 2026

As commodity prices and geopolitical disruptions challenge India’s solar industry, policy adjustments and infrastructure developments are shaping a complex landscape for growth and investment in 2026. India’s solar sector is facing a more complicated cost environment in 2026, with Mercom…

  • apxadmin
  • August 27, 2026
  • Personal Finance & Wealth

Rising costs of overseas education threaten Indian families' financial security

The real expense of studying abroad for Indian students has surged past expectations, prompting families to reconsider their financial strategies amidst currency fluctuations and rising tuition fees, risking long-term financial stability. For Indian families, the dream of an overseas degree…

  • apxadmin
  • August 27, 2026
  • Markets & Investing

India introduces first weather derivative linked to Mumbai’s monsoon rainfall

India’s commodity exchange NCDEX launches the country’s first exchange-traded weather derivative tied to Mumbai’s monsoon rainfall, offering new hedging options for weather-sensitive industries and marking a significant step in climate-linked financial markets. India’s commodity exchange NCDEX has opened a new…

  • apxadmin
  • August 27, 2026
  • Tax, Laws & Money Explained

Gujarat High Court warns tax officials over AI reliance in judicial work

The Gujarat High Court has criticised tax officials over the use of AI in quasi-judicial decisions, emphasising that AI-generated material must be verified to uphold legal accountability and prevent contempt of court. The Gujarat High Court has pulled up state…

  • apxadmin
  • August 27, 2026
  • Personal Finance & Wealth

Tamil Nadu raises education loan ceiling to Rs 20 lakh to boost access for students without collateral

Tamil Nadu has increased the collateral-free education loan limit to Rs 20 lakh to make higher education more accessible for students lacking property or assets, aligning with wider Indian credit trends and easing financial barriers for middle- and lower-income families.…

  • apxadmin
  • August 27, 2026
  • Markets & Investing

India’s retail IPO enthusiasm wanes as investors adopt a more selective approach in 2026

Retail investors in India are showing increased caution in 2026, with fewer fully subscribed offerings and a shift towards a more discerning approach amid changing market dynamics. Retail investors are becoming more cautious in India’s primary market this year, marking…

  • apxadmin
  • August 27, 2026
  • Tax, Laws & Money Explained

SEBI intensifies social media disclosure rules for mutual fund distributors in India

India’s securities regulator SEBI is tightening requirements for mutual fund distributors’ social media and online communications, demanding greater transparency and ongoing compliance amidst a broader push for investor protection and market integrity. Mutual fund distributors in India are being urged…

  • apxadmin
  • August 27, 2026
  • Fintech & Digital Money

Jio Financial Services partners with Bank of America to combine digital reach with global financial expertise

Jio Financial Services announces a strategic partnership with Bank of America, aiming to leverage global finance expertise alongside its expanding digital ecosystem and market presence in India. Jio Financial Services said its planned tie-up with Bank of America will bring…

  • apxadmin
  • August 27, 2026
  • Economy, Policy and Business

Hyundai accelerates India push with 26 models and electric SUV debut by 2026

Hyundai Motor unveils an ambitious plan to introduce 26 models in India by 2030, including a localised electric SUV in 2026, as part of a global expansion targeting future mobility trends. Hyundai Motor is preparing a broad push in India…

  • apxadmin
  • August 27, 2026
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