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Money Crux
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Supreme Court to redefine 'industry' in landmark case reshaping labour rights

The nine-judge bench of the Supreme Court of India will clarify the scope of ‘industry’ under the now-repealed Industrial Disputes Act, a verdict with the potential to influence workplace rights and state functions across India. The Supreme Court of India…

  • apxadmin
  • August 19, 2026
  • Markets & Investing

Lloyds Banking Group’s AI push sparks debate over share rerating potential

Lloyds Banking Group reports significant AI-driven value creation and operational efficiency gains, raising questions about whether these developments justify a sharp rerating of its shares amid market scepticism and evolving risks. Artificial intelligence is already delivering measurable gains at Lloyds…

  • apxadmin
  • August 19, 2026
  • Tax, Laws & Money Explained

India's new health insurance overhaul aims to curb rising costs and enhance transparency by 2026

India is set to implement comprehensive health insurance reforms by 2026, focusing on standardising prices, increasing transparency in claims, and promoting digital billing platforms to reduce healthcare costs and protect consumers amidst rising medical inflation. India is preparing a sweeping…

  • apxadmin
  • August 19, 2026
  • Personal Finance & Wealth

Indian smartphone users' awareness of protection plans fails to translate into purchases amid rising repair costs

A new study reveals a significant gap between Indian consumers’ awareness of device protection plans and their actual adoption, highlighting concerns over cost, trust, and understanding as repair bills rise and handset prices soar. Indian smartphone users are broadly aware…

  • apxadmin
  • August 19, 2026
  • Fintech & Digital Money

Redesigning KYC processes to prevent fintech applicant drop-offs without sacrificing compliance

Fintech firms are tackling onboarding drop-offs during identity verification by enhancing user experience without compromising regulatory checks, using targeted redesigns and precise measurement techniques. FinTech firms can lose applicants at the very point they ask for identity verification, and the…

  • apxadmin
  • August 19, 2026
  • Economy, Policy and Business

RBI maintains status quo amid cautious outlook on inflation risks

The Reserve Bank of India keeps its repo rate steady as Governor Sanjay Malhotra emphasises patience and monitors global and domestic factors influencing inflation, signalling a cautious approach amid ongoing uncertainties. The Reserve Bank of India kept its benchmark repo…

  • apxadmin
  • August 19, 2026
  • Markets & Investing

Mutual fund investors become more cautious as debt inflows decline and equity appeal grows in India

Amid falling inflows into debt-oriented mutual funds and tax reforms, Indian investors show increasing preference for equities, sparking questions about future asset allocation trends. Mutual fund investors pulled back sharply from income and debt-oriented schemes in the four months to…

  • apxadmin
  • August 19, 2026
  • Personal Finance & Wealth

State Bank of India to impose charges on additional cash withdrawals from October 2026

From October 2026, SBI will charge basic savings account holders Rs15 plus GST for each cash withdrawal beyond the four free monthly branch transactions, signalling a new era of fee adjustments for small account holders. State Bank of India will…

  • apxadmin
  • August 19, 2026
  • Tax, Laws & Money Explained

India sets new staggered deadlines for income-tax returns in assessment year 2026-27

India’s income-tax filing schedule introduces staggered deadlines for different taxpayer categories in 2026-27, highlighting a shift towards a more differentiated and streamlined tax compliance process for self-employed and salaried individuals. India’s income-tax filing calendar has been split into staggered deadlines…

  • apxadmin
  • August 19, 2026
  • Fintech & Digital Money

Cashfree Payments nears ₹1,000 crore revenue milestone amid strategic expansion

Cashfree Payments approaches a ₹1,000 crore revenue target in fiscal 2025-26, driven by diversification into cross-border and AI-enabled payments, as it intensifies efforts to achieve operational profitability. Cashfree Payments has come close to the ₹1,000 crore revenue milestone in fiscal…

  • apxadmin
  • August 19, 2026
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