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Payments modernisation shifts from connecting rails to extracting intelligence

Bottomline research finds that structured data, real-time fraud controls and coordinated workflows are becoming the next competitive battleground as institutions move beyond connectivity. Payments modernisation is entering a new phase in which the main value is no longer simply better…

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

Tata Power lines up 2.8GW to fuel India’s AI data centre boom

The Indian utility is pursuing 29 data centre infrastructure workstreams and a ₹15,000 crore Mumbai grid upgrade as demand for power-hungry AI workloads accelerates. Tata Power is betting that India’s fast-growing data centre market will need far more electricity infrastructure…

  • apxadmin
  • October 22, 2026
  • Markets & Investing

Yes Bank target cut as AT1 ruling threatens Rs 6,300 crore hit and capital squeeze

JM Financial has lowered its 12-month target for Yes Bank to Rs 17, warning that the Supreme Court’s decision to reinstate the Rs 8,400 crore AT1 write-down could drive a post-tax loss and cut the lender’s CET1 ratio to 11.4…

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

RBI caps Puducherry co-operative bank withdrawals at Rs 5,000

The RBI has restricted withdrawals and barred new lending at Puducherry Co-operative Urban Bank for six months, citing worsening financial conditions and unresolved supervisory concerns. The Reserve Bank of India has imposed sweeping restrictions on Puducherry Co-operative Urban Bank, limiting…

  • apxadmin
  • October 21, 2026
  • Personal Finance & Wealth

Eternal SBI Card or Swiggy HDFC? The cashback winner depends on where you shop

The Eternal SBI Card suits Zomato, Blinkit and District users, while the Swiggy HDFC Bank Credit Card offers stronger rewards for Swiggy customers and broader online spending. For shoppers who split their spending between food delivery, quick commerce and online…

  • apxadmin
  • October 21, 2026
  • Fintech & Digital Money

FSB puts boards in charge of 12-practice framework for AI risks

The Financial Stability Board’s final guidance calls for board-level accountability, lifecycle risk controls and closer scrutiny of third-party AI tools as adoption accelerates across financial services. The Financial Stability Board has published final guidance on how banks, insurers and other…

  • apxadmin
  • October 21, 2026
  • Economy, Policy and Business

India’s core output hits 30-month high as mining and power surge

India’s eight core industries grew 7.9 per cent in September, led by sharp increases in iron ore, electricity, coal and refinery output, although fertiliser and oil production declined. India’s core sector output grew 7.9 per cent in September 2026, the…

  • apxadmin
  • October 21, 2026
  • Economy, Policy and Business

India-New Zealand trade deal opens duty-free access across 8,284 product lines

ASSOCHAM says the agreement, entering into force on 20 October 2026, could expand opportunities for Indian exporters, smaller businesses and manufacturers while supporting a push to double bilateral trade by 2030. ASSOCHAM has welcomed the India-New Zealand free-trade agreement as…

  • apxadmin
  • October 21, 2026
  • Markets & Investing

Jio Platforms IPO raises record Rs30,213 crore as investors fill issue in 100 minutes

Jio Platforms’ Rs30,213 crore IPO has become India’s largest share sale, with institutional demand taking the issue past full subscription in about 100 minutes and bids worth Rs90,500 crore arriving on the first day. Jio Platforms’ initial public offering has…

  • apxadmin
  • October 21, 2026
  • Personal Finance & Wealth

RBI rate hike leaves floating-rate borrowers facing a costly EMI choice

A 25-basis-point repo-rate increase to 5.50% could push up repayments on floating-rate home loans, while keeping EMIs unchanged may add years and lakhs to borrowers’ interest bills. Borrowers with floating-rate home loans are likely to feel the impact of India’s…

  • apxadmin
  • October 21, 2026
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