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Indian banks adopt AI gradually, reshaping roles rather than replacing bankers

India’s banking sector is integrating AI primarily to optimise routine tasks, with a focus on augmenting staff roles, as regulations and economic factors influence its adoption pace and impact on employment. Artificial intelligence is entering Indian banking more as a…

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

Nikhil Kamath and Sreeram Reddy Vanga invest heavily in India's expanding data centre market

Nikhil Kamath and Sreeram Reddy Vanga have committed a combined ₹250 crore to CtrlS, signalling a heightened investor focus on India’s hyperscale data centre expansion amid surging demand driven by AI and cloud computing. Nikhil Kamath, the co-founder of Zerodha,…

  • apxadmin
  • August 20, 2026
  • Markets & Investing

India aims to turbocharge foreign investment with new trading reforms amid recent outflows

India’s market regulator, SEBI, is unveiling a series of trading reforms designed to attract more overseas investors and reverse a 17-year low in foreign shareholding, amid a backdrop of currency weakness and capital outflows. India’s markets regulator is preparing a…

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

Mumbai consumer commission orders Max Bupa to pay Rs 5 lakh after rejecting claim for acute pancreatitis

A Mumbai consumer commission has mandated Max Bupa to pay Rs 5 lakh to a family after ruling that the insurer’s rigid interpretation of policy terms unjustly denied a claim following the death from acute pancreatitis, highlighting growing judicial scrutiny…

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

Jammu and Kashmir High Court emphasises procedural safeguards in input tax credit blocking

The Jammu and Kashmir and Ladakh High Court’s recent ruling clarifies that tax authorities must follow due process when suspending input tax credits under Rule 86A, reinforcing procedural safeguards without undermining enforcement powers. The Jammu and Kashmir and Ladakh High…

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

India’s maritime resurgence aims to secure its strategic and economic interests

India is rapidly rebuilding its navy and maritime infrastructure, leveraging its rich seafaring history to counter modern threats and protect vital trade routes in the Indian Ocean. India’s long coastline has always shaped its strategic imagination. In an essay on…

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

Mumbai police crack down on interstate fake CEO cyber fraud network with 2 arrests and 161 SIM cards seized

Mumbai police have arrested two men linked to a broader interstate cyber fraud network, seizing 161 SIM cards and uncovering a pattern of impersonation scams targeting companies through WhatsApp and other platforms. Mumbai police have arrested two men and seized…

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

South Korea launches comprehensive pension guide to promote long-term retirement planning

The South Korean Investor Education Council has introduced ‘Pension Roadmap 360’, a digital guide transforming pension management by encouraging savers to view their retirement funds as active capital, with updates scheduled every Tuesday and Thursday. South Korea’s Investor Education Council…

  • apxadmin
  • August 20, 2026
  • Markets & Investing

Gold reaches highest level in over two months amid US Treasury surprise and dollar decline

Gold surged to its highest point since June, driven by unexpected US Treasury actions and a weakening dollar, with other precious metals also advancing significantly. Gold rose sharply on Wednesday to its highest level in more than two months and…

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

Rajasthan crackdown exposes Rs 30 lakh crop insurance fraud involving multiple policies on same land

Officials in Rajasthan uncover a widespread scam involving duplicated crop insurance claims worth Rs 30 lakh, leading to FIRs against farmers and operators as the state intensifies efforts to root out irregularities under the PMFBY scheme. Rajasthan’s agriculture department says…

  • apxadmin
  • August 20, 2026
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