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India introduces new 1601 number series to combat spam call confusion

India’s telecom regulator launches the 1601 number series to help consumers identify genuine service calls from trusted businesses, aiming to restore trust amid rising spam call issues. India’s telecom regulator has moved to give legitimate service calls a clearer identity…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

India’s unclaimed bank deposits surge to over ₹86,000 crore amid recovery efforts

India’s banking system holds a record ₹86,917 crore in unclaimed deposits, prompting regulatory drives to trace account holders and recover funds as the scale of dormant money climbs sharply. India’s banking system is sitting on a large pool of forgotten…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

Deciding whether to keep or close old credit cards amid changing financial priorities

With many people holding onto old credit cards after rewards and balance transfers, experts highlight the benefits and drawbacks of keeping or closing them, offering guidance on how to optimise your credit profile and protect consumer rights. Many people end…

  • apxadmin
  • August 11, 2026
  • Fintech & Digital Money

Indian banks push ahead with AI amid rising governance and data privacy concerns

Indian banks are rapidly adopting AI technologies like generative and agentic AI, but senior executives warn that ensuring robust governance and data privacy is crucial to reap the benefits without risking customer trust and system integrity. Indian banks are moving…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

TTK Prestige highlights accelerating kitchenware upgrade cycle driven by premiumisation and demand surge

TTK Prestige reports a significant shift in India’s kitchenware market as consumers increasingly replace traditional products with premium, better-performing alternatives, fuelling a major upgrade cycle and a surge in demand for induction cooktops and cookware. TTK Prestige says India’s kitchenware…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

AI-driven electricity grab pushes utility valuations to new heights

As AI data centres surge, investors increasingly see electricity as a critical growth area, yet high valuations signal the market may be approaching its limits in this energy-demand-driven expansion. Investors are increasingly treating electricity demand as one of the clearest…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

Gujarat Energy’s quarterly profit surges 70% on strong gas division performance

Gujarat Energy Ltd reports a 70% rise in net profit for June quarter, driven by robust growth in city gas distribution and gas trading segments, while power generation underperforms. Gujarat Energy Ltd said its consolidated net profit rose 70 per…

  • apxadmin
  • August 11, 2026
  • Tax, Laws & Money Explained

India’s securities regulator to expand vaulting standards for broader precious metal products

India’s markets regulator, Sebi, is set to extend its vaulting regulations beyond gold receipts to encompass physical bullion used in a wider range of products, including ETFs and derivatives, in a move aimed at standardising compliance and safeguarding investor interests.…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

High-yield savings accounts still offer attractive 4% APY despite Federal Reserve rate cuts

While the Federal Reserve’s recent rate cuts have tempered some expectations, high-yield savings accounts continuing to offer around 4% APY remain a competitive option for savers seeking better returns amid a fluctuating market. A 4% annual percentage yield is still…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

Universitas Padjadjaran educates 10,000 students on digital finance safety amid Indonesia’s cashless shift

Universitas Padjadjaran has launched a programme teaching 10,000 new students about online safety, transaction security, and digital financial skills as part of Indonesia’s broader move towards cashless payments, supported by OVO and government partners. Universitas Padjadjaran has used the start…

  • apxadmin
  • August 11, 2026
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