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Money Crux
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Small finance banks outpace big lenders on one-year fixed deposit returns

A ₹1 lakh one-year fixed deposit could mature at up to ₹1,07,450 with some small finance banks, highlighting a sizeable gap with leading private and public sector lenders. For savers looking at a one-year fixed deposit, the gap between banks…

  • apxadmin
  • October 22, 2026
  • Markets & Investing

BlackRock’s Evy Hambro sees gold rising as debt pressures mount

BlackRock investment chief Evy Hambro expects government borrowing, inflation and geopolitical risk to support gold, while condemning miners’ $12bn buyback spree as reckless. Evy Hambro, BlackRock’s global head of thematic and sector investing, is betting that gold’s climb is not…

  • apxadmin
  • October 22, 2026
  • Markets & Investing

Indian Hotels raises FY27 growth outlook after 18th straight record quarter

Indian Hotels lifted its FY27 revenue growth forecast to 15%–17% after higher room rates and occupancy drove a 22% rise in quarterly operating revenue, while international hotels and TajSATS faced pressure. Indian Hotels Company Limited delivered its 18th straight record…

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

India turns to Taiwan to build the chip ecosystem subsidies alone cannot buy

New Delhi’s Semicon 2.0 programme aims to build a domestic semiconductor supply chain, with Taiwanese expertise helping India move beyond chip design and assembly into wafer fabrication and advanced packaging. India’s push to build a domestic semiconductor industry has moved…

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

The luxury car EMI trap: ownership costs can top ₹1 lakh a month

An illustrative Indian ownership budget shows how insurance, fuel, servicing, tyres, parking and repairs can push the annual cost of a luxury car to ₹12.43 lakh, before depreciation and other expenses. For many buyers, a luxury car looks affordable only…

  • apxadmin
  • October 22, 2026
  • Markets & Investing

Hyundai and Kia lose investor favour as won and weak profits blunt stock-market rally

South Korea’s two biggest carmakers are falling behind the wider equities rally as a stronger won, repeated earnings misses and mounting margin pressure prompt brokers to cut price targets. South Korea’s booming stock market has left Hyundai Motor and Kia…

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

Hackers turn open-banking links into a live test for stolen credentials

Criminals exploited a legitimate spend-management platform to validate stolen bank logins, harvest financial data and send thousands of marketplace-themed phishing alerts each day, Group-IB says. Hackers have been abusing a legitimate spend-management platform to verify stolen bank logins at scale,…

  • apxadmin
  • October 22, 2026
  • Tax, Laws & Money Explained

UPI payments do not trigger tax notices on their own — unexplained account activity can

Indian tax professionals say the Income Tax Department focuses on mismatches between bank credits and declared income, rather than applying a blanket threshold to UPI transfers. Receiving money through UPI does not, by itself, put a taxpayer on the tax…

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

AI can speed up lending, but the handshake still decides the deal

As AI accelerates underwriting and expands the data available to lenders, concerns over problem loans and weaker small-business lending are reinforcing the case for human judgement. Artificial intelligence is moving deeper into commercial lending, promising faster decisions, broader data analysis…

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

India’s overseas mine hunt cannot break China’s refining grip

India plans to secure stakes in 50 overseas mines, but ownership of ore will not guarantee supply security while China dominates the processing stages vital to batteries, magnets and advanced manufacturing. China’s grip on critical minerals reaches far beyond the…

  • apxadmin
  • October 22, 2026
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