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India cracks down on Firebase sites as scammers exploit legitimate cloud platform for fraud

Indian authorities target over 50 Firebase-hosted sites involved in phishing, malware, and financial scams, highlighting a rising trend of cybercriminals leveraging trusted cloud services for illicit activities. India’s move against dozens of websites and databases hosted on Google’s Firebase platform…

  • apxadmin
  • August 23, 2026
  • Markets & Investing

ICICI Securities highlights resilience amid sector-wide growth and margin pressures in India’s banking industry

Businessman writing in a large book at an office desk.

ICICI Securities maintains a positive outlook on India’s banking sector, citing stronger asset quality, robust net interest income, and improved credit metrics despite margin pressures and uneven growth among private lenders. ICICI Securities has kept a constructive stance on India’s…

  • apxadmin
  • August 23, 2026
  • Economy, Policy and Business

India faces sustained food inflation as staple prices surge ahead of festival season

The rising costs of sugar, onions, pulses, and edible oils threaten to keep household budgets under pressure in India, with global and seasonal factors driving persistent price hikes amidst government intervention efforts. India’s kitchen budget is coming under fresh strain…

  • apxadmin
  • August 23, 2026
  • Tax, Laws & Money Explained

Tax tips for employees with side ventures: understanding the separate treatment of income streams

Salaried workers with side businesses must report income distinctly, with different tax rules applying to profit and salary, impacting filings and GST obligations. Salaried workers who also earn from a side venture need to treat the two income streams separately…

  • apxadmin
  • August 23, 2026
  • Personal Finance & Wealth

Rising financial awareness transforms insurance markets, shifting focus from price to value

Enhanced digital access and comparison tools are empowering buyers to prioritise long-term value over the lowest premiums, prompting a shift in insurance market dynamics. In mature consumer markets, the real measure of progress is not the number of products on…

  • apxadmin
  • August 23, 2026
  • Markets & Investing

Nearly $19 billion worth of shares to be unlocked from recent IPOs, sparking trading opportunities

A wave of lock-in expiries involving about $19 billion across 80 companies is set to unlock shares between August and December, potentially increasing trading activity and impacting stock liquidity in the Indian market, according to Nuvama Research. Shares worth about…

  • apxadmin
  • August 23, 2026
  • Personal Finance & Wealth

India's rising healthcare costs highlight need for higher insurance coverage amid demographic shifts

As healthcare expenses escalate with age and urbanisation, experts urge Indians to reconsider their insurance coverage, especially in major cities, to mitigate financial risks associated with ageing and chronic illnesses. Health-care costs in India rise sharply with age, and a…

  • apxadmin
  • August 23, 2026
  • Markets & Investing

Gemini Edibles returns to IPO route with exit-focused offer amid profit pressures

Hyderabad-based Gemini Edibles & Fats India Ltd files draft prospectus for a Rs 2,500 crore IPO, primarily an offer for sale by existing shareholders, highlighting renewed market confidence despite profit challenges and regulatory delays. Gemini Edibles & Fats India Ltd…

  • apxadmin
  • August 23, 2026
  • Tax, Laws & Money Explained

India’s savers face a new choice as SIPs outpace RDs in long-term wealth creation

With rising comparisons highlighting the superior long-term potential of systematic investment plans over recurring deposits, Indian savers must reconsider their traditional safety net for wealth growth and preservation. For millions of salaried Indians, the monthly decision comes down to two…

  • apxadmin
  • August 23, 2026
  • Economy, Policy and Business

Gujarat High Court clarifies GST treatment on corporate guarantees, halts retrospective valuation rules

The Gujarat High Court has upheld the validity of GST on corporate guarantees issued by holding companies, but rejected the ‘whichever is higher’ valuation clause, providing clarity for businesses and limiting retrospective application of the rule. The Gujarat High Court…

  • apxadmin
  • August 23, 2026
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