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Sarvam AI aims to transform India’s digital future with localised models and US$234 million funding

Sarvam AI, backed by HCLTech and leading investors, is developing specialised, multilingual AI systems tailored for India’s unique market, signalling a strategic shift towards localised artificial intelligence infrastructure amid rising investment and a growing digital ecosystem. Sarvam AI’s backers believe…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Early financial education can give students a lasting advantage in investing and money management

A new perspective highlights the importance of teaching students the basics of investing early to build confidence and optimise long-term financial outcomes, emphasising that early action can outstrip larger but later investments. A first pay cheque can feel like freedom,…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Limitations of ₹25 lakh health cover revealed by recent claim case

A recent case highlights that a ₹25 lakh health insurance policy may still leave policyholders facing substantial out-of-pocket expenses due to deductions under ‘reasonable and customary’ charges, demonstrating that coverage limits do not guarantee full reimbursement. A health cover of…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Greek authorities warn of sophisticated SMS phishing scam exploiting traffic fine fears

Greek authorities have issued warnings about a renewed wave of SMS phishing messages that falsely claim recipients have unpaid traffic fines, utilising convincing tactics and fake websites to extract personal and banking details. Greek authorities have warned of a renewed…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Retired judge in Hyderabad loses nearly ₹1.9 crore in

A retired judge in Hyderabad was cheated out of nearly ₹1.9 crore after fraudsters posing as police and other officials held him under what is known in India as a “digital arrest”, according to police and local reports. Ganpat Singh…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Consumer group warns of rising scam risks with card payments exploiting new vulnerabilities

A consumer organisation warns that scammers are increasingly targeting card payments, exploiting gaps in protection as criminals adopt tactics similar to authorised push payment scams, with potential risks for victims seeking refunds. A consumer group has warned that scammers are…

  • apxadmin
  • August 13, 2026
  • Fintech & Digital Money

India considers reintroducing merchant discount rate for high-value UPI transactions amid fiscal concerns

The Indian government is deliberating whether to reinstate a merchant discount rate on high-value Unified Payments Interface transactions or introduce a tiered incentive system, as it seeks sustainable support for the country’s rapidly expanding digital payments ecosystem. India’s government is…

  • apxadmin
  • August 13, 2026
  • Fintech & Digital Money

Axle secures $17.5 million Series A to disrupt insurance data accessibility and automation

Axle has raised $17.5 million in Series A funding to expand its AI-driven insurance platform, aiming to streamline industry workflows, reduce processing times, and unlock unrecovered losses for over 4,000 organisations across multiple markets. Axle has raised $17.5 million in…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Bengaluru gold prices hit 10-week high amid global bullion rally

Gold prices in Bengaluru rose for the third consecutive session to their highest level in nearly 10 weeks, supported by steady global markets and recovering jewellery demand, signalling a bullish trend for the metal. Gold prices in Bengaluru rose for…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

GACM Technologies rallies as new funding signals renewed investor confidence and strategic expansion

GACM Technologies’ recent surge in share price, driven by a strategic capital raise and positive financial performance, signals renewed investor confidence in its growth trajectory and technology ventures amid market volatility. GACM Technologies has drawn fresh market attention after a…

  • apxadmin
  • August 13, 2026
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