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SBI to charge for cash withdrawals beyond four free transactions in basic savings accounts from October 2026

State Bank of India will begin levying a fee of ₹15 plus GST on cash withdrawals exceeding four free transactions per month in its basic savings bank deposit accounts from October 2026, aligning charges across channels and encouraging digital transactions.…

  • apxadmin
  • August 20, 2026
  • Markets & Investing

Coforge shares hit eight-month high amid upbeat AI and cloud outlook

Coforge’s shares surged to an eight-month peak as investor confidence grows around its AI-driven digital transformation services and strategic acquisitions, signalling strong future growth prospects amid a broader tech rally. Coforge’s shares climbed to an eight-month high on Thursday as…

  • apxadmin
  • August 20, 2026
  • Economy, Policy and Business

India’s renewable expansion faces grid bottlenecks as transmission delays hamper growth

India’s rapid push for renewable energy is stalling due to inadequate transmission capacity, with significant curtailment and delays in project online deployment spotlighting the urgent need for infrastructure expansion amid a strong policy push. India’s rapid build-out of renewable power…

  • apxadmin
  • August 20, 2026
  • Personal Finance & Wealth

Chennai couple wins ₹1 crore in delayed property dispute after six-year wait

A Chennai couple’s protracted legal battle over a ₹46 lakh flat reveals rising costs and legal avenues for homebuyers facing developer delays, with courts awarding substantial interest after years of waiting. A Chennai couple who paid ₹46 lakh for a…

  • apxadmin
  • August 20, 2026
  • Fintech & Digital Money

PhonePe’s PulsePro platform to supply real-time data for India’s infrastructure planning

PhonePe has partnered with India’s Ministry of Electronics and Information Technology to integrate its PulsePro data platform into the PM GatiShakti system, enhancing real-time, hyperlocal insights for infrastructure and economic development across the country. PhonePe has signed a memorandum of…

  • apxadmin
  • August 20, 2026
  • Economy, Policy and Business

Investcorp invests Rs 500 crore in India’s evolving contract logistics sector, aims to expand nationwide platform

Investcorp acquires the contract logistics arm of 20Cube 3PL Solutions for Rs 500 crore and plans to inject up to Rs 750 crore more, signalling strong investor confidence amid sector growth driven by e-commerce and supply chain modernisation. Investcorp has…

  • apxadmin
  • August 20, 2026
  • Fintech & Digital Money

Navi secures $100 million from Prosus ahead of possible $300 million IPO in India

Sachin Bansal’s fintech firm Navi raises its first significant institutional funding from Prosus as it prepares for a potential IPO, with valuation estimates reaching up to $2 billion amidst rapid growth in India’s digital payments ecosystem. Navi, the fintech firm…

  • apxadmin
  • August 20, 2026
  • Personal Finance & Wealth

Smaller Indian banks offer top fixed deposit rates amid widening gap with major lenders

While major Indian banks offer modest yields, smaller private and mid-sized banks are leading the race with significantly higher fixed deposit rates, especially for senior citizens, reshaping savers’ choices. Fixed deposits remain a favoured option for Indian savers seeking assured…

  • apxadmin
  • August 20, 2026
  • Markets & Investing

SEBI's crackdown reveals hollow scale of Dhenu Buildcon infra's circular funding schemes

Regulatory scrutiny exposes how a web of circular borrowings and share allotments inflated Dhenu Buildcon Infra’s market value despite minimal operations, raising questions on governance and valuation practices. SEBI’s interim order against Dhenu Buildcon Infra Ltd has turned a little-known…

  • apxadmin
  • August 20, 2026
  • Tax, Laws & Money Explained

Supreme Court narrows challenges to DRT auction sales over notice issues

The Supreme Court has clarified that failure to serve statutory notice does not automatically void an auction sale, provided the affected party had actual knowledge and suffered no substantial injury, setting a new precedent for debt recovery proceedings. The Supreme…

  • apxadmin
  • August 20, 2026
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