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Paytm and AU SFB target family travellers with fee-free card and 12 lounge visits

The lifetime-free Paytm AU SFB RuPay credit card offers rewards on Paytm spending and travel, plus up to 12 family lounge visits a year subject to eligibility conditions. Paytm and AU Small Finance Bank have launched a lifetime-free RuPay credit…

  • apxadmin
  • October 22, 2026
  • Economy, Policy and Business

Musk’s Starshield warning exposes India’s hidden dependence on foreign technology

The Ukraine episode highlights how satellite networks, cloud platforms, payments and defence suppliers could give foreign companies or governments leverage over India’s critical systems. Elon Musk’s decision to curb Starshield service to Ukraine has drawn fresh attention to a question…

  • apxadmin
  • October 22, 2026
  • Fintech & Digital Money

AI accelerates payments innovation — but legacy systems still decide who launches first

AI is compressing payments product cycles, but institutions with inflexible technology stacks risk losing customers before new offerings reach the market. Artificial intelligence is speeding up product development in payments, but it is also exposing a deeper weakness: many institutions…

  • apxadmin
  • October 22, 2026
  • Markets & Investing

Perpetual’s corporate trust arm emerges as growth engine as fund outflows deepen

Morningstar says Perpetual’s corporate trust division is becoming the group’s clearest growth driver, with funds under administration reaching a record A$1.4 trillion while asset management suffers heavy redemptions. Morningstar says Perpetual’s corporate trust division is emerging as the business’s clearest…

  • apxadmin
  • October 22, 2026
  • Personal Finance & Wealth

Post office deposit: ₹5 lakh grows to about ₹6.18 lakh in three years

A ₹5 lakh investment in a three-year post office time deposit at the quoted 7.10% rate could mature at about ₹6.18 lakh, with quarterly compounding boosting the fixed return. If you want a savings option that is not tied to…

  • apxadmin
  • October 22, 2026
  • Fintech & Digital Money

Why India’s Shop Act licence cannot carry merchant verification alone

The document is often a small business’s first formal record, but lenders and payment firms must verify it against state portals, tax records and evidence that the business genuinely operates. A Shop Act licence may look like a routine piece…

  • apxadmin
  • October 22, 2026
  • Markets & Investing

Jio Platforms IPO draws near-fivefold institutional demand as retail investors hold back

Jio Platforms’ Rs 30,213-crore IPO won strong backing from qualified institutional buyers within hours of opening, while retail and non-institutional participation remained subdued. Investor enthusiasm for Jio Platforms’ initial public offering has set an upbeat tone for the market, with…

  • apxadmin
  • October 22, 2026
  • Fintech & Digital Money

Karta AI raises $3m to take on banking’s hardest customer calls

The Bengaluru start-up says its voice agents resolve 70% of borrower queries without human intervention as it targets complex, multi-step calls across financial services. Karta AI, an agentic artificial intelligence start-up founded by former Razorpay executives, has raised $3mn in…

  • apxadmin
  • October 22, 2026
  • Markets & Investing

Gold slips below $4,100 as traders brace for Fed decision

Bullion retreats in Asian trading after a Wall Street rebound, with a firm dollar and cautious investors limiting its record-breaking rally ahead of next week’s Federal Reserve meeting. Gold eased back below the $4,100-an-ounce mark in Asia on Thursday after…

  • apxadmin
  • October 22, 2026
  • Economy, Policy and Business

India’s battery-cell push stalls as imports surge and supply chain lags

India’s battery-cell imports are soaring while its flagship manufacturing scheme struggles to deliver, prompting a proposed shift towards supporting the materials and components beneath the industry. India’s efforts to build a domestic battery-cell industry are running into a familiar problem:…

  • apxadmin
  • October 22, 2026
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