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El Niño threats prompt early warnings for the global rice market as weather fears escalate

The Indian Rice Exporters Federation and S&P Global Energy highlight the risk of a 9 million tonne fall in rice output by 2026-27 due to prolonged El Niño, signalling potential disruptions and shifting trade flows amid rising production costs. The…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India’s banks face stricter AI oversight with proposed kill-switch regulations

The Reserve Bank of India has proposed new guidelines requiring banks to implement kill-switches and rigorous oversight for AI systems, marking a shift towards treating AI as an operational risk rather than just a productivity tool. Banks in India may…

  • apxadmin
  • August 12, 2026
  • Fintech & Digital Money

EDGE and Socure integrate cashflow and identity data to combat AI-driven fraud at earlier stages

EDGE and Socure have launched EDGE Screen, a combined screening platform that leverages cashflow data and AI-based identity signals to help lenders identify fraud earlier in the credit process, potentially reducing costs and improving decision-making. EDGE has teamed up with…

  • apxadmin
  • August 12, 2026
  • Fintech & Digital Money

KFin Technologies introduces AI tool to enhance signature fraud detection in financial services

KFin Technologies launches Klarity, an advanced artificial intelligence system designed to detect signature forgery and improve authentication processes across banking, fund management, and insurance workflows, promising significant efficiency gains and heightened security. KFin Technologies has launched Klarity, an artificial intelligence…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Mercer Advisors: financial planning must underpin investment strategy for true wealth preservation

Mercer Advisors emphasises that successful investing relies on a comprehensive financial plan that balances growth, income, and protection, challenging the notion that investment alone guarantees financial success. Investing is only one part of money management, and Mercer Advisors argues it…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

Indonesia considers redirecting Danantara profits to bolster fiscal reserves amid government debt concerns

Finance Minister Purbaya Yudhi Sadewa reveals President Prabowo’s proposal to direct a portion of Danantara’s profits into the government’s fiscal reserves, aiming to strengthen the economy and potentially ease Indonesia’s debt burden amid ongoing scrutiny of state-linked funds and reinvestment…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India approves trial of polymer banknotes for ₹10 and ₹20 denominations amid durability claims

India has sanctioned field trials for polymer banknotes in ₹10 and ₹20 denominations, aiming to test their durability and resistance, with government approval paving the way for potential wider circulation based on trial success. India has cleared the way for…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India's commercial insurance prices plummet in Q2 2026 amid intense competition and softening global rates

Commercial insurance premiums in India experienced a sharp decline in the second quarter of 2026, with cyber cover leading the drop, reflecting a broader global trend of softening rates across major lines due to increased competition and capacity. Commercial insurance…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

Yahoo enhances user control over data collection amid ongoing privacy transparency efforts

Yahoo has reiterated its commitment to user privacy, enabling users to manage their data collection preferences across its services through expanded privacy settings and guidance, reflecting a balancing act between personalised services and privacy rights. Yahoo is reminding users that…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Auto loans, not student debt, now the main obstacle for first-time homebuyers

New research reveals car payments, rather than student loans, are more likely to prevent first-time buyers from qualifying for a mortgage, prompting experts to advise prudent vehicle choices to improve homeownership prospects. For younger buyers, student debt often feels like…

  • apxadmin
  • August 12, 2026
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