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India’s Supreme Court orders CBI to independently review allegations against Sammaan Capital

India’s Supreme Court has mandated the Central Bureau of Investigation to conduct an independent review of allegations linked to Sammaan Capital, formerly Indiabulls Housing Finance, amid ongoing scrutiny over suspected financial misconduct and multiple allegations including fraud and share-price manipulation.…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

Tata Sons' AGM derailed by trust dispute and quorum failure, marking a century-long first

The Tata Sons annual general meeting was adjourned due to the absence of a quorum, highlighting unresolved conflicts within its key philanthropic trusts that threaten to disrupt the conglomerate’s governance. The annual general meeting of Tata Sons was adjourned on…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

India’s tax crackdown targets suspicious foreign remittances routed through shell companies and unauthorised professionals

India’s Income Tax Department has launched a nationwide verification drive into suspicious overseas transfers, targeting shell companies, fake charitable trusts, and unauthorised accountants, amid reforms to foreign remittance reporting systems. India’s Income Tax Department has begun a nationwide verification drive…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

Axis Bank aims to transform corporate banking with integrated cash flow services and selectivity in loan growth

Axis Bank is expanding beyond traditional lending to incorporate comprehensive cash flow management and technology-driven services, focusing on sectors with strong momentum while maintaining disciplined loan growth. Axis Bank is trying to widen its corporate banking business beyond plain-vanilla lending,…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

Tech firms tighten perks and travel policies amid cost-saving drive

As companies like Accenture, SAP, and HSBC India implement stricter controls and revised policies, the shift signals a move towards prioritising productivity and operational discipline over broad-based perks amid global cost pressures. Technology companies are sharpening controls over perks, travel…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

India's government bonds lose ground as oil prices rise and RBI swap measures tighten

Indian government bonds declined for a second consecutive session amid rising oil prices and the RBI’s early termination of a swap-linked deposit scheme, influencing market sentiment and yields. Indian government bonds fell for a second straight session on Tuesday, giving…

  • apxadmin
  • August 18, 2026
  • Tax, Laws & Money Explained

Uttar Pradesh’s updated RERA regulations aim to streamline housing project disclosures and protect buyers

The Uttar Pradesh real estate regulator has consolidated and tightened rules across housing projects, boosting transparency, standardising financial handling, and enhancing buyer safeguards through a series of comprehensive updates effective till 2026. Uttar Pradesh’s real estate regulator has tightened and…

  • apxadmin
  • August 18, 2026
  • Tax, Laws & Money Explained

PM CARES Fund's surplus remains largely untouched amidst falling donations and minimal spending

The PM CARES Fund reported over ₹8,450 crore in receipts for 2024-25, with more than 99% of the funds sitting idle, highlighting concerns over transparency and limited utilisation despite declining contributions and increased reliance on investment income. The PM CARES…

  • apxadmin
  • August 18, 2026
  • Fintech & Digital Money

Razorpay’s Vulcan AI transforms online payments with real-time fraud detection and improved success rates

Razorpay unveils Vulcan, a specialised AI model developed with NVIDIA and AWS, poised to revolutionise digital payments by enhancing security, reliability, and efficiency through innovative real-time payment behaviour analysis. Razorpay has introduced Vulcan, a transformer-based artificial intelligence model built specifically…

  • apxadmin
  • August 18, 2026
  • Personal Finance & Wealth

Pre-marriage money talks: a blueprint for avoiding future disputes

Open conversations about debts, savings, family support, and long-term goals before marriage can foster trust and prevent costly conflicts down the line, experts say. Money conversations before marriage rarely feel romantic, but they can prevent far more painful disputes later.…

  • apxadmin
  • August 18, 2026
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