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ED raids 20 sites as betting syndicate’s crypto laundering trail widens

India’s Enforcement Directorate says a network behind All Panel Exchange and MGM91 used shell companies, mule accounts, inflated trade invoices and cryptocurrency to move alleged betting proceeds offshore. India’s Enforcement Directorate has widened its money-laundering probe into online betting by…

  • apxadmin
  • October 17, 2026
  • Personal Finance & Wealth

Gemini comes to Android Messages to flag scam conversations before they turn dangerous

Google is expanding Android’s fraud defences with opt-in Gemini-powered scam detection, on-device link checks and new protections for screen sharing and call diversion. Google is rolling out a new set of anti-fraud and privacy tools for Android, including an optional…

  • apxadmin
  • October 17, 2026
  • Economy, Policy and Business

IDBI Bank profit slumps 39% despite stronger interest income and loan growth

IDBI Bank’s September-quarter profit fell sharply despite a 29% rise in net interest income, as deposits, advances, asset quality and capital buffers all strengthened. IDBI Bank reported a sharp drop in quarterly profit even as its lending and deposit franchise…

  • apxadmin
  • October 17, 2026
  • Personal Finance & Wealth

Cosigning a family loan could leave you paying a debt you do not control

Cosigning makes you legally responsible for the full debt if the borrower stops paying, while missed payments can damage your credit and limit your future borrowing. Cosigning a loan for a family member can feel like a straightforward act of…

  • apxadmin
  • October 17, 2026
  • Markets & Investing

IDBI Bank’s core profit rises as Fairfax deal reshapes lender’s future

IDBI Bank’s reported second-quarter profit fell 39% after a one-off gain last year, but underlying earnings, net interest income and margins improved as Fairfax’s proposed Rs 52,878 crore takeover moved closer to completion. IDBI Bank reported a sharp fall in…

  • apxadmin
  • October 17, 2026
  • Personal Finance & Wealth

India’s SUV shift pushes average car loan 49% higher

Indian buyers are taking on larger and longer vehicle loans as demand shifts towards SUVs and feature-rich cars, with smaller towns and rural areas driving an increasing share of more expensive purchases. India’s car-buying habits are shifting quickly, with buyers…

  • apxadmin
  • October 17, 2026
  • Economy, Policy and Business

Private equity targets India’s fragmented medical devices market for consolidation

Growing healthcare demand, import dependence and government backing are prompting investors to pursue scalable medical device makers and potential roll-up opportunities in India. India’s medical devices industry is drawing stronger interest from private equity firms as the country’s healthcare needs…

  • apxadmin
  • October 17, 2026
  • Tax, Laws & Money Explained

Punjab commission orders bank to refund Rs 72,495 after 11 UPI debits

The Punjab State Consumer Disputes Redressal Commission found that MPIN authentication alone did not prove customer negligence and upheld compensation for a Bathinda resident who reported the debits promptly. The Punjab State Consumer Disputes Redressal Commission has upheld an order…

  • apxadmin
  • October 17, 2026
  • Markets & Investing

Indian retailers grow through new stores, but like-for-like sales reveal a sharper divide

India’s retail chains posted strong second-quarter revenue growth, but festive timing, store expansion and weaker comparable-store sales created a more uneven picture beneath the headline numbers. Retail investors watching India’s value and fashion chains after the latest results may find…

  • apxadmin
  • October 17, 2026
  • Economy, Policy and Business

Trump pauses Russia oil tariffs, giving India trade talks and energy costs a reprieve

The US president’s decision to delay new measures against buyers of Russian energy eases pressure on India as New Delhi and Washington seek to conclude a trade agreement. US President Donald Trump has delayed the start of new Russia-related sanctions…

  • apxadmin
  • October 17, 2026
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