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India’s chip ambitions move beyond fabs as AI infrastructure accelerates

India’s semiconductor build-out is spreading into chip IP, packaging, manufacturing equipment and optical systems as surging AI demand exposes gaps in the country’s data centre infrastructure. India’s push to build out a wider semiconductor ecosystem is increasingly running alongside a…

  • apxadmin
  • October 12, 2026
  • Tax, Laws & Money Explained

Karnataka High Court shields ₹27.13 crore Bansal refund from tax revision powers

The court ruled that an unadjusted section 143(1) tax intimation cannot be treated as an order for revision under section 263, setting aside proceedings against Myntra and Cult.fit co-founder Mukesh Bansal. The Karnataka High Court has struck down revision proceedings…

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

AI may be speeding attacks on India’s financial APIs, CERT-In warns

India’s cyber defence agency says attackers are using stolen credentials and direct API calls to bypass safeguards and accelerate fraudulent transfers from non-bank lenders and payment providers. India’s cyber defence agency has warned that a series of attacks on non-bank…

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

RBI interoperability plan aims to bring bank deposits and demat holdings into one view

The RBI is enabling interoperability between account aggregators and allowing securities depositories to add bank deposits to consolidated statements, with full implementation expected by 31 December 2026. India’s central bank has moved to make financial-data sharing easier by introducing interoperability…

  • apxadmin
  • October 12, 2026
  • Markets & Investing

Hormuz diplomacy leaves crude markets balancing relief hopes against fresh supply shocks

Oil futures are set for another volatile week as traders weigh diplomatic efforts to reopen the Strait of Hormuz against the risk of attacks disrupting shipping and energy supplies. Crude oil futures are expected to stay choppy in the coming…

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

India puts states in charge of delivering its ₹1.86tn renewable power corridor

The third phase of India’s Green Energy Corridor programme will support 135GW of renewable power, but states must compete for funding and deliver the infrastructure. India’s latest push to expand its clean power network marks a significant shift in both…

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

TossPlace launches first large-scale recruitment drive as it targets the wider retail operations market

The payment-terminal subsidiary is hiring for hundreds of roles as it expands into POS services and tools designed to manage more of merchants’ day-to-day operations. TossPlace, the Toss subsidiary that supplies payment terminals and point-of-sale, or POS, solutions, is embarking…

  • apxadmin
  • October 12, 2026
  • Markets & Investing

Analysts favour patience as Dixon, Marico and Coforge stay on hold list

Experts on NDTV Profit’s Ask Profit advise investors to hold several closely watched stocks, with Coforge standing out as a relative outperformer and caution prevailing on near-term gains. Investors scanning NDTV Profit’s latest “Ask Profit” segment were steered towards a…

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

SEBI opens overseas markets and short strategies to India’s portfolio managers

India’s market regulator has widened the investment toolkit for portfolio managers serving wealthy clients, allowing overseas securities, selected short positions and broader derivatives exposure. India’s market regulator has opened a new chapter for the country’s portfolio management business, giving managers…

  • apxadmin
  • October 12, 2026
  • Markets & Investing

AG Barr stays on growth track as Irn-Bru and Rubicon power latest gains

The drinks group says revenue and profit continued to rise, with core brands outperforming the wider soft drinks market and acquisitions adding further momentum. AG Barr has reported another period of growth, with the Irn-Bru maker saying revenue and profit…

  • apxadmin
  • October 12, 2026
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