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Digispice's sharp profit rebound signals strategic shift and rapid growth in rural payments

DiGiSPICE Technologies reports a significant quarterly profit increase driven by improved operating efficiency and expanding rural payments, as it transitions to higher-margin financial products amid a broader industry shift. DiGiSPICE Technologies said its first quarter of FY27 marked a sharp…

  • apxadmin
  • August 12, 2026
  • Fintech & Digital Money

RBI urges balanced approach to AI innovation in banking to foster inclusion and stability

Sanjay Malhotra and RBI officials call for cautious yet ambitious adoption of AI in Indian banking, emphasising transparency, trust, and risk management to shape the decade’s fintech landscape. Sanjay Malhotra has urged banks to treat artificial intelligence with both ambition…

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

India’s family businesses reach $1.46 trillion, driven by first-generation entrepreneurs and sector shifts

India’s top 300 family-run companies now rival nations’ economies, with a surge in first-generation entrepreneurs transforming the landscape amid sectoral shifts and expanding regional influence. India’s largest family-run businesses have become a force large enough to rival national economies, with…

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

Tata Sons faces pressure to list as RBI scrutiny intensifies and ownership dispute looms

India’s Tata Group is edging closer to a public listing of Tata Sons amid regulatory pressures and internal shareholder tensions, echoing strategies seen in Hong Kong conglomerates to navigate complex ownership structures. India’s Tata Group is edging closer to a…

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

Gujarat cybercrime bust uncovers massive scam linked to fake APK files and ₹125 crore fraud

Surat police uncover a sprawling cybercrime network involving fake Android package files, thousands of compromised devices, and a fraud worth over ₹125 crore, highlighting the dangers of malicious app distribution via WhatsApp and Telegram. A WhatsApp message offering what looked…

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

Andy Burnham faces pressure to mandate upfront insurance deals amid wider cost of living reforms

Campaigners urge Labour’s Andy Burnham to require insurers to offer transparent renewal quotes as part of a broader push to ease household financial pressures in the UK. Andy Burnham is facing renewed pressure to widen his cost of living agenda,…

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

South Korea considers phased approach to restricting screen scraping in banking to protect privacy and maintain remote services

South Korea’s financial authorities are exploring ways to tighten privacy safeguards without disrupting remote banking services, amid industry concerns over the impact of banning screen scraping on customer convenience and service speed. South Korea’s financial authorities are weighing how to…

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

India tightens rules on early provident fund access, extending waiting periods for withdrawals

India’s retirement fund authority has introduced stricter rules, including longer waiting periods for full withdrawals, while allowing limited partial withdrawals under specific circumstances, prompting concerns among workers about income stability post-unemployment. India’s retirement fund body has tightened the rules on…

  • apxadmin
  • August 12, 2026
  • Fintech & Digital Money

India cracks down on cybercrime with record app takedowns and ₹11,158 crore in scam savings

India’s Ministry of Home Affairs has blocked 3,718 mobile apps and implemented new systems to combat cybercrime, saving over ₹11,158 crore in financial frauds and ramping up awareness campaigns nationwide. India’s Ministry of Home Affairs says the government has blocked…

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

Marvell Technology invests $250 million in India to fuel AI and semiconductor growth

Marvell Technology commits $250 million over three years to expand its engineering, technology, and infrastructure presence in India, reflecting the country’s rising importance as a global chipmaking hub in the AI and data infrastructure sectors. Marvell Technology is committing $250…

  • apxadmin
  • August 12, 2026
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