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Bank of Baroda data breach exposes rising cyber risks in Indian banking sector

The recent data breach at Bank of Baroda, linked to an employee email compromise, highlights the escalating cyber threats facing Indian lenders and stresses the need for enhanced digital resilience across the banking industry. The Bank of Baroda data breach…

  • apxadmin
  • August 7, 2026
  • Tax, Laws & Money Explained

RBI introduces new measures to curb harassment by loan recovery agents

The Reserve Bank of India has implemented stricter guidelines for lenders to prevent coercive practices and harassment during debt collection, aiming for fairer treatment of borrowers amidst growing concerns over recovery tactics. The Reserve Bank of India has moved to…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

India’s investment surge driven by AI and data centres, with limited household consumption

India’s recent surge in corporate investment focuses heavily on digital infrastructure such as data centres and AI, while domestic consumer spending remains subdued, signalling a capital-intensive growth phase ahead. India’s latest wave of corporate investment is being shaped less by…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Power Finance Corporation posts flat revenue amid resilient earnings ahead of REC merger approval

Power Finance Corporation reports marginal growth in net profit for June quarter, announces higher interim dividend, as its proposed merger with REC Ltd. advances through regulatory approvals, signalling strategic consolidation in Indian state-owned finance sector. Power Finance Corporation Ltd said…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Behari Lal Engineering aims to raise ₹93 crore in upcoming IPO with new factory and green initiatives

Punjab-based Behari Lal Engineering sets price band for its IPO at ₹271 to ₹285 per share, planning to raise ₹93 crore to fund new machinery, solar panels, and expansion, as it prepares for listing on BSE and NSE. Behari Lal…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

India revises its Bilateral Investment Treaty to address outbound investment concerns

India is reviewing its model Bilateral Investment Treaty to better protect its companies investing overseas, marking a significant shift from traditional focus on attracting foreign investment to safeguarding outbound capital amid rising Indian overseas investments. India is reviewing its model…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Mortgage rates vary widely as public lenders remain competitive amid soaring fixed costs

Home buyers on August 7, 2026 face a stark disparity in mortgage pricing, with public-sector lenders offering rates as low as 7% for floating loans, while private and non-bank products reach above 10% to 20%, highlighting the evolving landscape of…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Google Pay shifts focus to domestic Indian market amid emphasised security and AI enhancements

Google Pay is prioritising India’s domestic digital payments over cross-border transfers, with a focus on security, transaction success, and AI-driven merchant support, signalling a strategic shift in its growth trajectory. Google Pay is prioritising India’s domestic digital payments market over…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Understanding your credit card statement date can optimise your payment strategy and improve your credit profile

Many credit card users overlook the significance of the statement closing date, which can impact billing, interest, and credit scores. Experts highlight how timing purchases around this date can optimise benefits and avoid fees. For many credit card users, the…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Steady habits and patience overshadow income in building lasting wealth

Building wealth on an average salary hinges on disciplined saving, behavioural consistency, and long-term investing, proving that patience and habits outweigh high income in achieving financial security. Building wealth on an average salary is less about a headline pay packet…

  • apxadmin
  • August 7, 2026
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