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Razorpay's new AI model boosts payment success and fraud detection with 4 billion transactions

Indian payments firm Razorpay unveils an advanced artificial intelligence model trained on billions of transactions, significantly enhancing payment success rates and fraud detection capabilities while paving the way for AI-driven financial services. Razorpay has built an artificial intelligence payment foundation…

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

India’s cash economy surpasses US and euro counterparts in scale and complexity

India’s physical currency circulation remains significantly larger than that of the US and euro area, driven by an expanding cash economy despite digital payment growth, raising questions about sustainability and future policies. India’s cash economy continues to operate on a…

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

Shabnam Sinha to lead Airtel Payments Bank as Sunil Bharti Mittal steps down after a decade

Shabnam Sinha has been appointed as chairperson of Airtel Payments Bank, succeeding Sunil Bharti Mittal who steps down after ten years, marking a significant leadership transition in India’s largest mobile banking network. Airtel Payments Bank is preparing for a change…

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

India’s EPFO 3.0 overhaul promises faster withdrawals but raises pension access concerns

India’s retirement fund system undergoes a major digital transformation with EPFO 3.0, offering streamlined, paperless access to members, yet sparking debates over long-term savings amid easier withdrawal options. India’s retirement savings system is being reshaped as the Employees’ Provident Fund…

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

Smart frugal habits focus on value and trade-offs, not just cheapness

Money-savvy consumers are emphasising strategic spending, opting for quality when it counts and skipping unnecessary costs, highlighting a nuanced approach to saving that balances value with satisfaction. Money experts often say frugality is less about pinching every penny than about…

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

Insurers scrutinise more than just your car model when setting premiums

Insurance premiums can vary widely for the same vehicle based on driver behaviour, location, and claims history, revealing a complex underwriting process beyond the car badge. Two people buying the same car can end up paying very different motor insurance…

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

Hindustan Copper charts ₹7,000 crore expansion to lead India’s critical minerals push

State-owned Hindustan Copper unveils a ₹7,000 crore capital plan over the next five to six years, aiming to expand mining capacity, revive assets, and advance its role in India’s green energy transition through investments in exploration, technology, and strategic partnerships.…

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

India’s semiconductor market surges towards $180 billion with government backing and regional hubs

India’s semiconductor industry is accelerating beyond assembly, driven by government incentives, regional development in South India, and forecasts of exponential growth, positioning the country as a key global player in advanced electronics manufacturing. India’s semiconductor market is expanding rapidly as…

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

India's copper market faces record-high prices amid global supply shortages and rising demand

Copper prices in India have surged to Rs 1,400 per kilogram amid a global supply squeeze driven by mine disruptions and surging demand from renewable energy, electric vehicles, and data centres, signalling tightening market conditions ahead. Copper prices in India…

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

India’s evolving electric-vehicle ecosystem accelerates beyond domestic sales to global supply chains

India’s electric vehicle market is shifting from niche policy experiments to a significant industrial ecosystem, with sales soaring and exports expanding, driven by policy support and infrastructure growth despite ongoing challenges. India’s electric-vehicle market is moving from a niche policy…

  • apxadmin
  • August 18, 2026
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