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Plum expands AI risk coverage as Indian companies seek clearer protection amid rapid adoption

Plum introduces a comprehensive risk management platform to help Indian companies navigate the rising complexities of AI-related threats, amid a surge in adoption and awareness of potential liabilities. Plum has widened its business insurance offer as Indian companies race to…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Vibrant Global Capital's earnings soar as capital market revenue drives share surge and strategic acquisition deepens wealth management footprint

Vibrant Global Capital Limited begins FY27 with a significant profit jump and a 5% upper circuit, boosted by strength in its capital market and manufacturing segments. The company also completes a strategic stake acquisition to reinforce its wealth management presence.…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Hyderabad scam uses Election Commission name to target voters with OTP fraud during electoral roll update

A retired RBI employee in Hyderabad lost Rs 3.27 lakh after scammers impersonated Election Commission officials, highlighting the rising risk of OTP fraud amid voter roll updates, police warn citizens to remain vigilant. A retired Reserve Bank of India employee…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Rupees 1 lakh crore in dormant deposits transferred to RBI's depositors' awareness fund as unclaimed savings surge

Nearly Rs 1 lakh crore in bank deposits has been moved into the RBI’s Depositor Education and Awareness Fund, highlighting the growing challenge of managing dormant accounts and unclaimed savings, with banks urged to improve record updates and public awareness…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Legal & General reduces interest rates on flexible lifetime mortgages to broaden appeal for older homeowners

Legal & General has lowered the starting rate on its optional payment lifetime mortgage, offering more flexible options for borrowers aged 55 and over seeking to unlock property wealth while maintaining repayment choices amid recent product updates. Legal & General…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India’s retail investors face limited access in government securities auctions

In India’s government securities market, retail investors participate through a non-competitive route, limiting their influence on price discovery during auctions where institutional players set market values. In India’s government securities market, prices are not set by a simple bid-ask spread.…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India's record-breaking July power demand driven by extreme weather and uneven rainfall

India’s July electricity consumption hit a new peak of 171 billion units, with increased cooling needs and weather extremes prompting a surge in power use, according to Crisil report. India’s electricity demand jumped 10.9% year on year in July to…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

RBI introduces non-competitive bidding to boost retail participation in Indian government securities

The Reserve Bank of India has launched a new non-competitive bidding facility, allowing retail investors to participate in government bond auctions at the market-determined price, aiming to widen ownership and simplify participation. Government securities in India are priced through auction,…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

Oil prices surge beyond $90 as Strait of Hormuz tensions escalate, risking inflation for India

Oil prices continue their rally above $90 amid fears of sustained disruptions at the Strait of Hormuz, highlighting geopolitical risks and their impact on global markets and India’s economy. Oil prices climbed further on Wednesday as traders focused less on…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

Honda partners with Tata Technologies for flexible vehicle architecture to accelerate India growth and electric model plans

Honda is reportedly collaborating with Tata Technologies on a new versatile vehicle architecture that could support petrol, hybrid, and electric powertrains, signalling a strategic move to enhance its India market presence and expedite the launch of its first electric compact…

  • apxadmin
  • August 12, 2026
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