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Indian fund houses curb bulk gold ETF inflows before festive buying surge

Kotak Mahindra, UTI and HDFC mutual funds have halted bulk subscriptions to gold exchange-traded funds ahead of Dussehra and Diwali, amid concerns that seasonal demand could widen India’s import bill and pressure the rupee. Several large Indian mutual fund houses…

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

NH Nonghyup Card tests AI agents that can shop and pay with stablecoins

South Korea’s NH Nonghyup Card is testing a system that could let AI agents find products, apply purchase conditions and complete payments using stablecoins. NH Nonghyup Card is exploring a system that would let an artificial intelligence agent do the…

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

Why your first budget should track reality, not chase perfection

A 30-day spending record can expose the gap between financial assumptions and everyday behaviour, provided the system is simple enough to maintain. A first month of budget tracking rarely fails because people cannot do the maths. It usually fails because…

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

India’s AI drug-discovery push hits its real test in human trials

New funding and AI tools are helping Indian drug developers cut the cost of finding promising compounds, but experts warn that weak preclinical and clinical capacity could stall the journey to approved medicines. India is stepping up its push into…

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

Google turns Circle to Search into a scam check before users click

Google is expanding Circle to Search beyond visual lookups, allowing selected Android users to check suspicious texts for signs of fraud before opening links or replying. Google is pushing Circle to Search beyond visual lookup and into scam detection, adding…

  • apxadmin
  • October 16, 2026
  • Markets & Investing

Indian funds curb bulk gold ETF inflows ahead of festival buying season

Kotak Mahindra, UTI and HDFC mutual funds have paused large subscriptions to gold exchange-traded funds after discussions with SEBI, restricting fresh inflows as demand typically rises during Dussehra and Diwali. Several major Indian mutual funds have paused bulk subscriptions into…

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

AI is polishing scams, but the best defence is still to pause and verify

Voice clones, flawless emails and convincing fake websites are making fraud harder to spot, but experts say slowing down, checking requests independently and securing key accounts remain the strongest protections. Artificial intelligence is making everyday fraud harder to spot, but…

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

India’s unemployment holds at 5% as urban joblessness rises among women

India’s unemployment rate was unchanged in September as higher urban joblessness, driven mainly by women, offset broadly steady conditions in rural areas. India’s unemployment rate held at 5.0% in September, unchanged from August, as a slight rise in joblessness in…

  • apxadmin
  • October 16, 2026
  • Markets & Investing

Why Goldman Sachs can outweigh Microsoft in the Dow

The Dow’s share-price weighting gives Goldman Sachs greater influence than Microsoft in the DIA exchange-traded fund, despite Microsoft’s far larger market value. A quirk of the Dow Jones Industrial Average means a company’s influence in one of America’s best-known exchange-traded…

  • apxadmin
  • October 16, 2026
  • Markets & Investing

Reliance leads mutual funds’ September buying spree as portfolios rotate towards financials

Mutual funds invested nearly ₹6,000 crore in Reliance Industries in September, while strong SIP and small-cap inflows pointed to renewed appetite for growth stocks despite market volatility. Mutual funds turned buyers of Reliance Industries in September, making the energy-to-retail conglomerate…

  • apxadmin
  • October 16, 2026
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