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Punjab consumer commission orders LIC to pay accident cover after insured businessman’s murder

The commission ruled that allegations of a pre-planned killing did not by themselves justify denying the additional accident benefit, ordering LIC to pay Rs 26.50 lakh plus interest and costs. The Punjab State Consumer Disputes Redressal Commission has ordered the…

  • apxadmin
  • October 15, 2026
  • Markets & Investing

BHEL profit more than doubles as execution lifts margins and order book hits record

Bharat Heavy Electricals posts 23.8% revenue growth and an 11% EBITDA margin in the second quarter, while its order book reaches ₹2.58 lakh crore. Bharat Heavy Electricals Ltd. delivered a stronger-than-expected second quarter as higher execution across its power and…

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

Stitch opens up payments data to every team with AI-powered Pulse Analytics

Stitch’s new tool lets staff query payment records in plain language, receive role-specific insights and act on issues without waiting for a data team. Stitch has launched Pulse Analytics, an AI tool designed to make payments data usable across large…

  • apxadmin
  • October 15, 2026
  • Markets & Investing

India’s IT stocks extend rebound as investors rotate from AI trade

The Nifty IT index has risen for a third consecutive session as steadier earnings, cheaper valuations and waning enthusiasm for expensive AI-linked shares draw investors back to traditional software exporters. India’s Nifty IT index extended its rebound on Thursday, rising…

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

Karnataka’s alcohol tax reset sparks beer boom and spirits backlash

Karnataka’s shift to alcohol-content-based duty has lifted beer sales and excise receipts, but spirits makers question whether the early gains show a fairer or more effective market. Karnataka’s new alcohol-by-beverage tax regime has become a flashpoint in India’s drinks industry,…

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

Joint home loans can boost couples’ borrowing power — but make separation harder

Applying for a mortgage together can raise eligibility and unlock potential tax benefits, but both borrowers share the debt, credit risk and complications if circumstances change. A joint home loan can make buying a property more manageable for couples, but…

  • apxadmin
  • October 15, 2026
  • Markets & Investing

Foreign investors flee Samsung and SK Hynix as Korean retail buyers move in

Foreign investors have sold Won33.4tn of Samsung Electronics and SK Hynix shares since August, while retail buying has surged as the chipmakers’ stocks come under pressure. Foreign investors have been pulling back from Samsung Electronics and SK Hynix, while individual…

  • apxadmin
  • October 15, 2026
  • Tax, Laws & Money Explained

Claiming EPS pension at 50 can permanently cut monthly payments by 32%

Eligible EPS members can claim a pension from 50, but starting eight years before the standard age of 58 reduces the monthly payment by 32% for life. Waiting until 60 can instead increase the benefit. Under India’s Employees’ Pension Scheme,…

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

Paramotor Digital files updated papers for ₹1,000 crore IPO after sharp user and revenue growth

The Mumbai-based fintech plans to raise ₹698 crore through a fresh issue and ₹302 crore via an offer for sale, as it seeks funds to scale its payments, gifting and rewards businesses. Mumbai-based fintech company Paramotor Digital Technology has filed…

  • apxadmin
  • October 15, 2026
  • Tax, Laws & Money Explained

October’s GSTR-3B deadline squeeze puts reconciliation before filing

Businesses filing September’s GSTR-3B must reconcile ITC, address DRC-01C notices and plan cash payments early to avoid interest, late fees and portal delays around the October deadlines. For taxpayers preparing the September GSTR-3B return, October brings a tight compliance window…

  • apxadmin
  • October 15, 2026
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