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Money Crux
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Indian textile industry grapples with rising wages and raw material costs amid expansion shifts

Indian textile and apparel companies are facing heightened pressure from escalating wages, volatile raw material prices, and shifting investment strategies as they strive to maintain competitiveness amidst inflation and labour shortages. Indian textile and apparel makers are under fresh strain…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

Rising FCNR deposits offer India a potential buffer against rupee pressure amid cautious inflows

India is leveraging FCNR deposits to bolster the rupee, with recent policies triggering inflows, though experts warn they are not a standalone solution amid global investment uncertainty. Foreign Currency Non-Resident deposits, better known as FCNR deposits, have moved back into…

  • apxadmin
  • August 15, 2026
  • Fintech & Digital Money

RupeeGPT transforms Indian voice AI by evolving into a multi-agent financial assistant

Arnav Mehta’s RupeeGPT, initially a simple experiment, has expanded into a versatile voice-first financial tool for Indian users, integrating multilingual capabilities, task-specific routing, and human escalation to improve accessibility and practical decision-making in financial services. Arnav Mehta’s RupeeGPT began as…

  • apxadmin
  • August 15, 2026
  • Personal Finance & Wealth

Nationwide adjusts fixed-rate ISA and bond rates to stay competitive amid rate environment shift

Nationwide has launched higher fixed-rate cash ISAs and savings bonds, offering the same rates online and in branch, as it responds to a changing interest rate landscape with a focus on choice and value for savers. Nationwide has raised rates…

  • apxadmin
  • August 15, 2026
  • Personal Finance & Wealth

Retirees can uncover hidden benefits in existing plans to save costs

Many retirees overlook valuable benefits already included in their existing plans, from health coverage to roadside assistance, which can help reduce extra expenses. A thorough review of current memberships and accounts can uncover substantial savings and prevent unnecessary spending. Retirees…

  • apxadmin
  • August 15, 2026
  • Personal Finance & Wealth

India Post Payments Bank launches mobile app in Rae Bareli to enhance rural financial inclusion

India Post Payments Bank has introduced its new mobile banking app in Rae Bareli, aiming to expand access to financial services in rural and urban regions through secure digital transactions, QR code payments, and user-friendly features. India Post Payments Bank…

  • apxadmin
  • August 15, 2026
  • Personal Finance & Wealth

Retired Navi Mumbai man loses over ₹8 lakh after clicking malicious APK link

A 62-year-old retired BEST employee in Navi Mumbai fell victim to a mobile scam after clicking a malicious APK file, leading to a loss of over ₹8 lakh. Authorities warn of rising APK-based frauds targeting users across India. A 62-year-old…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

Reliance and Rolls-Royce deepen collaboration on indigenous India combat jet engine

Reliance Industries and Rolls-Royce sign a statement of intent to develop a domestic fighter jet engine for India’s Advanced Medium Combat Aircraft programme, marking a significant step towards self-reliance in defence manufacturing. Reliance Industries and Rolls-Royce have moved to deepen…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

Hitachi Energy India to issue 400% dividend boost amid record quarterly profit

Hitachi Energy India is poised to reward shareholders with an Rs 8 per share dividend, reflecting strong operational momentum driven by India’s grid expansion and record profitability for Q4 FY26, while setting new milestones in high-voltage transmission infrastructure. Hitachi Energy…

  • apxadmin
  • August 15, 2026
  • Fintech & Digital Money

Indian crypto investors adopt disciplined strategies but face wealth creation challenges

A new report reveals Indian investors are becoming more cautious and systematic in their crypto approaches, yet question remains over their success in building wealth amidst market volatility and regulatory hurdles. Mudrex’s latest survey suggests Indian crypto investors are becoming…

  • apxadmin
  • August 15, 2026
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