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Oil price gains reflect ongoing Strait of Hormuz tensions and potential impact on India’s economy

Crude oil prices edged higher amidst uncertainties over the Strait of Hormuz, raising concerns about global supply and its wider implications for India’s trade balance, inflation, and stock market recovery. Crude oil prices climbed on Monday as doubts grew over…

  • apxadmin
  • August 10, 2026
  • Economy, Policy and Business

Odisha accelerates industrial push with Rs 66,392 crore in investments and job creation plans

Odisha has attracted a proposed Rs 66,392 crore in investment during a two-day Delhi-NCR outreach, with plans to generate over 54,000 jobs, signalling a strong shift towards manufacturing and industrial expansion under Chief Minister Mohan Charan Majhi. Odisha has drawn…

  • apxadmin
  • August 10, 2026
  • Fintech & Digital Money

India's insurance regulator mandates detailed monthly reporting to bolster new services sector index

India’s insurance regulator has ordered insurers to submit comprehensive monthly data on premiums, claims, and investment income, aiding the development of a new index to track short-term changes in the services sector, including insurance, trade, and telecommunications. India’s insurance regulator…

  • apxadmin
  • August 10, 2026
  • Fintech & Digital Money

PB Fintech enhances pension platform to streamline workplace NPS management amid regulatory changes

PB Fintech’s Pensionbazaar division has launched an upgraded digital platform for corporate NPS, aiming to simplify pension administration for employers and align with regulatory shifts, as the company’s earnings momentum continues to build. PB Fintech is widening the scope of…

  • apxadmin
  • August 10, 2026
  • Fintech & Digital Money

India’s financial sector sees AI as a tool for job re-skilling, not job cuts in 2026

According to the International Financial Services Centres Authority’s AI Survey 2026, Indian financial firms are rapidly adopting AI to enhance operational efficiency and re-skill staff, with many viewing job transformation as a positive evolution rather than a threat. Artificial intelligence…

  • apxadmin
  • August 10, 2026
  • Fintech & Digital Money

Indian banks transform workforce to prioritise sales and customer engagement amid digital shift

As Indian banks see a surge in digital transactions, leading lenders are reorienting staff towards sales, customer engagement, and cross-selling, marking a significant shift in banking operations and staff roles. Indian banks are quietly reshaping the role of their employees…

  • apxadmin
  • August 10, 2026
  • Personal Finance & Wealth

Retirement annuities: a reliable income source with complex trade-offs

While annuities offer a guaranteed income stream for retirees, their complexity, costs, and limited flexibility mean they should be considered as part of a diversified retirement strategy rather than a universal solution. Annuities can be a useful way to turn…

  • apxadmin
  • August 10, 2026
  • Personal Finance & Wealth

Weak credit scores in joint home loans can influence approval and terms more than expected

While joint home loans can expand borrowing capacity, a weak credit history of one applicant may limit approval prospects and impact loan terms, highlighting the importance of credit readiness for both co-applicants. A joint home loan can widen the pool…

  • apxadmin
  • August 10, 2026
  • Markets & Investing

ICICI Securities keeps buy call on Orkla India amid record revenue growth but margin pressures

ICICI Securities maintains a buy rating on Orkla India despite trimming its target price, citing robust revenue growth driven by regional and digital expansion, balanced against rising commodity costs and margin compression. ICICI Securities has kept a Buy rating on…

  • apxadmin
  • August 10, 2026
  • Markets & Investing

Ola Electric faces deepening scepticism as analysts split over growth prospects

Brokerages remain divided on Ola Electric’s future, with Goldman Sachs seeing potential turnaround while Emkay Global warns of ongoing challenges amid rising competition and market share pressures. Brokerages remained sharply split on Ola Electric after its first-quarter update, with Goldman…

  • apxadmin
  • August 10, 2026
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