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Delhi extends MCD property tax amnesty deadline to December 2026

Property owners can now claim a waiver of interest, penalties and older arrears by paying principal dues for the 2020-21 to 2025-26 financial years. Delhi property taxpayers who have fallen behind on municipal dues now have until December 31, 2026…

  • apxadmin
  • October 16, 2026
  • Personal Finance & Wealth

India orders rail travel insurance for offline tickets from October 2026

India’s Supreme Court has ordered the Railway Board to extend travel insurance to tickets bought at station counters nationwide from 27 October 2026, ending the disparity with online bookings. India’s Supreme Court has ordered that travel insurance be added to…

  • apxadmin
  • October 16, 2026
  • Markets & Investing

Indian IT stocks add Rs 2.73 lakh crore as earnings trigger 10% five-day rally

The Nifty IT index has surged more than 10% in five sessions as stronger earnings, improving outlooks and bargain hunting lift major technology shares. Indian IT shares extend their rally as earnings lift sentiment Indian information technology stocks extended their…

  • apxadmin
  • October 16, 2026
  • Economy, Policy and Business

Fairfax’s Prem Watsa bets on India boom as firm advances on IDBI Bank deal

Fairfax Financial chairman Prem Watsa says India could enter a decade-long investment upswing as companies diversify beyond China, while his group moves towards acquiring a 60.72% stake in IDBI Bank. Prem Watsa has offered an upbeat reading of India’s prospects,…

  • apxadmin
  • October 16, 2026
  • Markets & Investing

Swiggy’s margin turnaround prompts Buy call and 33% upside target

Anand Rathi Research has upgraded Swiggy to Buy with a ₹310 target, arguing that improving contribution margins and resilient food delivery could help fund the company’s quick-commerce losses. Swiggy’s shares have begun to recover after slipping to a record low,…

  • apxadmin
  • October 16, 2026
  • Fintech & Digital Money

Festive buying surge puts BharatPe’s agentic AI to work for India’s merchants

India’s five-year-high festive demand is increasing pressure on merchants, prompting BharatPe to deploy agentic AI tools that automate routine operations as orders and payments rise. India’s festive buying season is proving to be more than a short burst of retail…

  • apxadmin
  • October 16, 2026
  • Economy, Policy and Business

RRB union demands end to entrenched deputation and faster promotion pathways

The All India Regional Rural Bank Employees Association has urged RRBs to follow NABARD guidance limiting deputation and give eligible in-house officers a clearer route to promotion posts. The All India Regional Rural Bank Employees Association has renewed pressure on…

  • apxadmin
  • October 16, 2026
  • Markets & Investing

Jio Financial profit halves as lending surge fails to offset higher costs

Jio Financial Services reported a 51% fall in September-quarter profit despite a sharp rise in revenue and net interest income, sending its shares down as investors weighed growth against mounting costs. Jio Financial Services slipped in early trading on Friday…

  • apxadmin
  • October 16, 2026
  • Personal Finance & Wealth

The crucial point to derisk a SIP before your child starts university

A monthly SIP can build a sizeable university fund over 12 years, but leaving the money in equities until fees are due could expose families to a damaging market fall. For families saving for a child’s university costs, the biggest…

  • apxadmin
  • October 16, 2026
  • Fintech & Digital Money

Payments move from bank plumbing to a live read on financial health

Banks are turning payment patterns into real-time signals of customers’ financial wellbeing, opening the door to earlier support and more responsive lending decisions. Payments are becoming far more than a back-office utility for banks. In the view set out by…

  • apxadmin
  • October 16, 2026
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