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Andy Burnham faces pressure to mandate upfront insurance deals amid wider cost of living reforms

Campaigners urge Labour’s Andy Burnham to require insurers to offer transparent renewal quotes as part of a broader push to ease household financial pressures in the UK. Andy Burnham is facing renewed pressure to widen his cost of living agenda,…

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

South Korea considers phased approach to restricting screen scraping in banking to protect privacy and maintain remote services

South Korea’s financial authorities are exploring ways to tighten privacy safeguards without disrupting remote banking services, amid industry concerns over the impact of banning screen scraping on customer convenience and service speed. South Korea’s financial authorities are weighing how to…

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

India tightens rules on early provident fund access, extending waiting periods for withdrawals

India’s retirement fund authority has introduced stricter rules, including longer waiting periods for full withdrawals, while allowing limited partial withdrawals under specific circumstances, prompting concerns among workers about income stability post-unemployment. India’s retirement fund body has tightened the rules on…

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

India cracks down on cybercrime with record app takedowns and ₹11,158 crore in scam savings

India’s Ministry of Home Affairs has blocked 3,718 mobile apps and implemented new systems to combat cybercrime, saving over ₹11,158 crore in financial frauds and ramping up awareness campaigns nationwide. India’s Ministry of Home Affairs says the government has blocked…

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

Marvell Technology invests $250 million in India to fuel AI and semiconductor growth

Marvell Technology commits $250 million over three years to expand its engineering, technology, and infrastructure presence in India, reflecting the country’s rising importance as a global chipmaking hub in the AI and data infrastructure sectors. Marvell Technology is committing $250…

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

SBI accelerates M&A funding as RBI loosens acquisition finance norms

State Bank of India is set to execute five to six merger and acquisition financing deals, signalling a strategic move to capitalise on the Reserve Bank of India’s new acquisition finance framework, which now allows up to 75% bank funding…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Indian companies face scrutiny over demand and margins amid busy earnings season

Over 500 firms, including Tata Motors, Hindustan Aeronautics, and Apollo Hospitals, are set to report Q1 earnings on August 12, with investors keenly watching for Covid-19 recovery signals, margin trends, and global influences ahead of FY27. More than 500 companies…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Amara Raja Energy’s margin outlook shifts focus to long-term energy storage bets

Despite softer-than-expected margins in the June quarter, brokerages remain optimistic about Amara Raja Energy & Mobility’s growth prospects, emphasising its strategic shift towards energy storage technologies and future capacity expansions. Amara Raja Energy & Mobility’s softer-than-expected margin performance in the…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Indian companies see last-minute surge ahead of dividend record date on August 13

Shares of several Indian firms including Godrej Consumer Products, RailTel, and Bharat Electronics push market activity as investors rush to qualify for upcoming dividend payouts before the record date on August 13, 2026. Shares of Godrej Consumer Products, RailTel Corporation…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Bank Nifty slides amid solar eclipse as traders watch key levels and geopolitical cues

The Bank Nifty declined sharply in the previous session, with technical levels and a significant solar eclipse creating a backdrop of cautious trading. Analysts highlight key levels to watch as the market navigates uncertainty amid geopolitical and cosmic influences. Bank…

  • apxadmin
  • August 12, 2026
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