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Juspay returns to loss as AI and global expansion drive costs higher

Revenue at the SoftBank-backed payments technology firm rose 30% to ₹664 crore, but increased spending on overseas operations and AI pushed it to a ₹90 crore loss in FY26. Juspay has slipped back into the red as the payments technology…

  • apxadmin
  • October 9, 2026
  • Fintech & Digital Money

Jio Frames puts Indian languages, payments and accessibility at the heart of smart eyewear

Reliance Jio, Torchit and Qualcomm are advancing smart glasses designed for India-specific uses, from multilingual AI and scan-to-pay services to tools for visually impaired users. Indian companies are moving beyond fitness bands and notification gadgets and into a new class…

  • apxadmin
  • October 9, 2026
  • Fintech & Digital Money

India’s SaaS renewals are failing for reasons customers never intended

Payment failures across UPI AutoPay and card mandates are quietly turning willing SaaS customers into lost revenue, forcing Indian companies to build smarter recovery systems. For Indian SaaS companies, a subscription that looks secure on paper can still unravel at…

  • apxadmin
  • October 9, 2026
  • Tax, Laws & Money Explained

India’s GST Council clears input tax credit for pharma samples and expired medicines

Pharmaceutical companies will be able to claim GST input tax credit on free samples and products destroyed after expiry, while wider refund changes aim to free up cash tied up in manufacturing and exports. Pharmaceutical companies in India will be…

  • apxadmin
  • October 9, 2026
  • Markets & Investing

Mid-cap funds draw ₹6,940 crore despite market pullback as five schemes dominate assets

September inflows into Indian mid-cap mutual funds rose 37% year on year, underscoring persistent demand for long-term growth despite elevated valuations, market volatility and increasing concentration among the largest schemes. Investor appetite for Indian mid-cap mutual funds has remained resilient…

  • apxadmin
  • October 9, 2026
  • Personal Finance & Wealth

Fake PayPal emails use 24-hour deadline to steal security codes

Scammers are claiming a new 2026 security rule requires PayPal users to activate protection immediately, in an attempt to harvest login details and one-time codes. A fresh wave of phishing emails is targeting PayPal users with a familiar mix of…

  • apxadmin
  • October 9, 2026
  • Markets & Investing

India stocks lose INR11 lakh crore as rate hike and oil shock fuel sell-off

The Sensex plunged more than 1,045 points after the Reserve Bank of India tightened policy, while surging oil prices and sustained foreign selling intensified pressure on Indian equities. India’s stock market was hit by a sharp sell-off on Thursday, with…

  • apxadmin
  • October 9, 2026
  • Economy, Policy and Business

India rejects Musk’s monopoly claim as satellite internet approvals advance

Communications minister Jyotiraditya Scindia says India is pursuing a technology-neutral approach, with three providers licensed but still awaiting security clearance and spectrum rules. India’s communications minister has pushed back against claims that the country is favouring one company in the…

  • apxadmin
  • October 9, 2026
  • Tax, Laws & Money Explained

India’s GST Council shifts focus from tax rates to a softer compliance regime

The 57th GST Council meeting proposed faster registrations and refunds, lower penalties and narrower enforcement powers, with most changes due to take effect from 1 April 2027. India’s GST regime has entered a new phase of refinement, with the Council…

  • apxadmin
  • October 9, 2026
  • Personal Finance & Wealth

5Paisa takes goal-based investing workshops to 5,000 CBSE teachers

5Paisa Capital has launched Investor Connect with CIEL to help teachers plan for goals including education, home ownership, retirement and emergencies, starting in Mumbai before a wider India rollout. 5Paisa Capital has launched “Investor Connect”, a financial planning initiative aimed…

  • apxadmin
  • October 9, 2026
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