Indian Bank launched new digital banking solutions at the Global Fintech Fest. AI-TARA, a voice-based assistant, offers banking services in ten languages. Smart Wealth provides a consolidated view of customer finances and spending analytics. IND Cash Optima digitizes cash management for corporate clients. These innovations aim to enhance customer experience and accessibility for all.
Credit card stolen and money spent: Will the bank refund the loss, or will you have to pay the bill?
A stolen credit card can quickly turn into a financial nightmare. Whether the bank refunds fraudulent spending or the customer bears the loss depends on how the fraud occurred and crucially how quickly it was reported.
PepsiCo bullish on India, targets top-10 global market status
PepsiCo envisions India becoming one of its top ten global markets and plans to invest around Rs 5,700 crore by 2030. This ambitious growth strategy includes expanding manufacturing capabilities and bolstering regional operations. Recently, the company launched its fifth plant in Nalbari, Assam, with an investment of Rs 778 crore, underscoring its belief in India's significant business growth potential.
Indian household asset allocation has changed significantly over the last three years, but not necessarily in favour of equities. Golds share jumped from 15.4% in March 2023 to 24.2% in March 2026, while equities barely moved from 5.6% to 5.7%.
NPST wins award for Best Digital Banking Platform
At Global Fintech Awards 2026
The Where Is My Train app makes train journeys easier by offering real-time train tracking and a range of useful travel tools. It can work without an internet or GPS connection by using mobile tower data to estimate a trains location. Users can access train schedules and PNR information, while features such as destination alarms and coach position details make it a useful travel companion for rail passengers across India.
Mint Money app adds bill payments, loans at Global Fintech Fest 2026
Mint Money, the fintech app from HT Group, unveiled with bill payments and digital loan services at Global Fintech Fest 2026.
Motor insurance pitfalls: Why claims get rejected 6 key points policyholders should keep in mind
Failing to meet basic regulatory compliance is a primary reason claims fall through. Additionally, widespread misconceptions about policy features frequently lead to avoidable disputes between policyholders and insurers.
Novartis India MD Amitabh Dube appointed as OPPI president
Amitabh Dube has been appointed as the new president of OPPI for a two-year term. Dube currently serves as the Country President and Managing Director of Novartis India. He brings nearly three decades of extensive pharmaceutical industry experience to his new role. Dube expressed his privilege to lead OPPI during India's healthcare transformation. The former president, Bhushan Akshikar, expressed confidence in Dube's leadership.
Debt mutual fund flows reverse sharply in August; is it a warning sign for investors?
Debt mutual funds swung from a 1.87 lakh crore net inflow in July to a 8,127 crore outflow in August. Experts say the reversal reflects seasonal corporate and institutional cash movements, while investors continued to favour liquid, money market and ultra-short duration funds.
GFF 2026: Scindia pitches digital trinity of connectivity, compute and trust for AI economy
GFF 2026 Scindia: Connectivity, compute, and trust are the new digital trinity for fintech and AI. India's mobile phones and telecom networks are now financial highways and bank branches. The nation is expanding digital connectivity and infrastructure for financial inclusion and economic mobility. AI will make finance predictive, personal, and autonomous, requiring enhanced security measures. India aims to lead the world in 6G technology development and secure digital infrastructure.
Continental Securities plans fresh capital raise to fund expansion
Continental Securities aims to boost its business expansion through targeted fundraising, specifically focusing on its mutual fund and gold loan sectors. Meanwhile, Fly-Hi Maritime Travels has successfully made its debut on the BSE SME platform, marking a significant milestone.
Apparel retail growth to moderate to 13 pc in FY27 as consumers diversify spending: Report
India's clothing retail market is projected to achieve a growth rate of twelve to thirteen percent in the current fiscal year, a slight decrease from the fifteen percent growth seen last year. The surge in value fashion is substantially boosting revenue shares. However, increasing operational costs and cotton prices are anticipated to impact retailer profit margins. The festive season's demand will be vital for assessing the sector's overall performance.
Safebox raises $1.11 million seed round to build Indiasfamily wealth protection category
Safebox has successfully secured $1.11 million in seed funding to revolutionize wealth management for Indian families. By focusing on consolidating and protecting diverse financial assets, Safebox tackles the prevalent issue of unclaimed wealth stemming from poor record-keeping. This funding will bolster product capabilities and expedite distribution, ultimately creating a new paradigm in Family Wealth Protection across India.
New e-commerce rules will take effect from January 1, 2027. These amendments aim to strengthen consumer protection and transparency in online transactions. E-commerce entities must now partner with the National Consumer Helpline for grievance redressal. Clear disclosures for sponsored listings and prior pricing are mandated by the updated regulations. The government seeks to foster a balanced and accountable digital marketplace for all.
PepsiCo India inaugurates state-of-the-art foods manufacturing facility in Nalbari
With an investment of Rs 778 crore, the facility is PepsiCo Indias first food plant in Assam and fifth food manufacturing plant in India. The investment underscores PepsiCo Indias long-term confidence in Assams growth potential and its commitment to strengthening Indias agricultural ecosystem, manufacturing footprint and economic development.
The National Consumer Disputes Redressal Commission found Railways deficient in service. Passengers were robbed at gunpoint inside a reserved sleeper coach in 2004. The commission directed Railways to pay Rs 20,000 compensation to the affected passengers. This amount covers loss, mental agony, and litigation expenses incurred by them. The order was pronounced on August 31, 2026, after a long legal battle.
Aadhaar face authentication gets easier: UIDAI launches new SDK and Sandboxwhat users should know
UIDAI has launched an Aadhaar Face Authentication SDK that allows banks, fintechs, insurers, and brokers to integrate face authentication directly into their apps. Users can complete Aadhaar verification without switching to the separate FaceRD app, making digital onboarding simpler.
Bank union strike tomorrow: Are banks open or closed on September 11, 2026? Check details
Bank customers face potential disruptions on September 11, 2026, due to a nationwide strike. United Forum of Bank Unions has called for this action, impacting branch operations. Banks advise customers to use digital channels and ATMs for essential transactions. Essential services will run, but branch work may be affected by the strike.
In light of many fraudulent GST registrations, the Delhi High Court has ruled that no Goods and Services Tax (GST) registration can be obtained without Aadhaar biometric authentication. Read the article to know more.
In 2013, two homebuyers believed they would receive their flats by 2014. However, the project registration expired, leaving construction stalled for years. Following this, MahaRERA mandated the builder to refund the buyers' payments and ordered compensation for both complainants. This important ruling highlights buyers rights in the face of extended project delays.
Hiranandani Communities enters Goa property market through two partnerships
The two projects, spread across a five-acre land parcel, have a combined development potential of over 250,000 sq ft and an estimated project value of around Rs 450 crore.
IndiGo launches daily direct flights from Mumbai to Dar es Salaam from November 20
IndiGo will begin daily direct flights connecting Mumbai and Dar es Salaam starting November 20. This new route establishes IndiGo as the sole Indian airline offering direct flights to this Tanzanian city. The service aims to bolster trade and economic ties between India and East Africa. Flights will depart Mumbai early morning and arrive back in the afternoon. This expansion strengthens IndiGo's growing international network across Africa.
Govt extends OALP-X, XI bid deadline again to Nov 15
India's government has extended bid deadlines for offshore oil and gas exploration blocks. Companies now have until November 15, 2026, to submit their bids. This extension applies to deepwater and ultra-deepwater acreage under OALP-X and OALP-XI. The move is reportedly linked to the new Samudra Manthan National Offshore Exploration Scheme. This scheme aims to boost domestic hydrocarbon reserves and reduce import reliance.
AMFI data: Small and midcaps remain investor favourites as large caps lose money, Gold ETFs gain
AMFI data shows equity mutual fund inflows rose 18.7% in August, with mid-cap and small-cap funds continuing to attract strong investor interest. Large-cap funds saw a second straight month of outflows, while Gold ETFs recorded a sharp rise in inflows and multi-asset funds remained popular.
Fly91 launches direct flights from Tirupati to Vijayawada, Hyderabad, Rajahmundry
Fly91 has launched new flight services connecting Tirupati with three key cities. The airline now offers direct flights to Vijayawada, Hyderabad, and Rajahmundry. These new routes aim to provide convenient travel options for pilgrims and other passengers. The expansion strengthens Fly91's regional network across Andhra Pradesh and Telangana. Tirupati is now one of thirteen destinations served by the airline.
Indian Stock Market Rebounds After Three-Day Decline, Led by Media and Banking Shares
Indian stock market ends three-day slump with BSE Sensex rising 138 points amid geopolitical tensions in West Asia. Indian Stock Market Rebounds After Three-Day Decline, Led by Media and Banking Shares
Dilip Buildcon to sell stake in Mekhali Power to Alpha Alternatives for Rs 2,171 crore
In a significant move, Dilip Buildcon plans to divest its Mekhali Power Transmission stake valued at Rs 2,171 crore, with acquisition by Alpha Alternatives slated following the project's commissioning. This strategic pivot reinforces Dilip Buildcons commitment to an asset-light model and enhanced financial resilience. With an expected launch around mid-2028, this initiative will bolster Alpha Alternatives' investments in India's growing power and renewable energy landscape.
India plans AI registry as it looks to roll out agentic payments, sources say
The landscape of digital finance is evolving as India's payments authority creates a registry specifically for AI agents. This registry aims to verify and oversee AI transactions, initially targeting UPI payments, with potential future expansions. By facilitating agentic payments, AI will be enabled to engage in frequent, minor digital transactions, resonating with global initiatives aimed at the identification and validation of AI-driven financial agents.
Motor insurance claims: what policyholders often get wrong
Motor insurance claims often fail due to overlooked details such as expired licences, misreporting, or missing add-ons.
BharatPe unveils BharatPe Flex at Global Fintech Fest 2026, brings credit into everyday UPI payments
BharatPe unveiled BharatPe Flex, a new consumer credit offering built on UPI. This innovative product allows users to access credit limits up to sixty thousand rupees. Eligible users can utilise this credit for everyday UPI merchant payments seamlessly. Spends can be settled in full within forty-five days or via flexible monthly installments. The company also launched a new brand campaign featuring Rohit Sharma to promote this service.
The National Lok Adalat in New Delhi has officially rescheduled its cases for October 10, 2026, impacting all civil and criminal compoundable cases, though divorce matters are not included. Additionally, traffic challans that are due until June 30, 2026, will be addressed.
India-listed US ETFs are trading at steep premiums to their indicative NAVs, with some reaching 65%. The divergence appears driven by limited supply due to overseas investment caps, strong demand for US equities and changes in ETF circuit-limit calculations. Investors buying at elevated premiums risk losses if the gap narrows.
Bringing its Money Decisions, Made Right promise to everyday money management, Mint Money brings together trusted financial content, financial tools and payments in one destination.
Electric two-wheeler maker Ultraviolette will establish a new manufacturing facility in Hosur, Tamil Nadu. The company plans to invest Rs 779 crore over the next five years for this expansion. This new BIGGA Factory will have an initial capacity of 250,000 vehicles annually. The facility will support the production of Ultraviolette's Tesseract electric scooter and future models.
Have a foreign bank a/c? Know FAST-DS 2026 rules
Beyond the CIBIL score: Why retail borrowers are paying for credit-health advice
Paid plans from platforms like BankBazaar, GoodScore, and OneScore aim to bridge this advice gap by explaining the reasons behind a score change and suggesting actionable remedies.
Is porting just a word in health insurance brochure?
Portability was meant to keep insurers honest by keeping the exit door open. The door exists but for the old, the ill, and the recently hospitalised, someone is still standing in the way.
Gold rate today: 24k vs 22k vs 20k vs 18k
SBI: FCNR liquidity deployment to take 4 months
HDFC Bank says all seven Bahrain claims over Credit Suisse AT1 bonds rejected
HDFC Bank has won all seven Bahrain cases filed by Credit Suisse AT1 bond investors, who accused the lender of mis-selling the risky securities. The Bahrain court rejected all allegations, saying investors failed to provide sufficient evidence linking HDFC Bank to their losses.
Embraer eyes bigger manufacturing footprint in India, looks to deepen local sourcing
Embraer is set to enhance its local production and sourcing capabilities in India, aligning with initiatives like 'Make in India' and Aatmanirbhar Bharat. The company is assessing collaborations for aerostructure assembly and component manufacturing, and exploring the feasibility of establishing a regional jets final assembly line. These initiatives will foster integration of Indian companies into Embraer's global aerospace supply chain.
Left your PG, and your landlord is refusing to return your deposit? Know your rights as a tenant
Living as a paying guest is a convenient and affordable option, but its essential to know legal rights as a tenant to protect oneself from exploitation.
EPFO PF claim delay: Consumer commission orders 6% interest for 35-day delay
A consumer commission ordered EPFO to pay 6% annual interest on a 14,06,272 PF claim over a 35-day processing delay, ruling it a 'deficiency in service' after EPFO failed to prove the claim was incomplete. EPFO has 45 days to comply. Keep claim records, the ruling advises.
NFO Alert: Edelweiss Mutual Funds Altiva SIF launches equity long-short fund
Edelweiss Mutual Fund has introduced the Altiva Equity Long-Short Fund, designed to achieve long-term capital growth through strategic equity investments. The fund's new offering is available for subscription until September twenty-fourth and features a balanced large-cap portfolio complemented with an income-oriented derivatives aspect. This investment opportunity is ideal for those with a time horizon of three to five years.
PPFAS ELSS Tax Saver delivered a -9.52% one-year return, making it the worst-performing equity fund, despite having 71% portfolio overlap with PPFAS Flexi Cap. The Aug portfolio data shows how differences in stock weights, US equity exposure and overall equity allocation set the two schemes apart.
Sony Pictures Networks India appoints Amit Mehta as Chief Human Resources Officer
Sony Pictures Networks India has appointed Amit Mehta as Chief Human Resources Officer. He will lead the People & Organisation function and Administration & Facilities. Mehta joins from upGrad, where he previously served as CHRO. He brings extensive experience from Hindustan Unilever and a high-growth company. Mehta succeeds Manu Wadhwa, who will now serve as Strategy Advisor.
VinFast plans to develop two India-specific EVs in strategy shift, sources say
Vietnamese automaker VinFast is developing two new electric vehicles for India. These new models will be more affordable than current offerings. This strategic shift follows the suspension of plans for global models in India. VinFast aims to build these vehicles using local suppliers from the start. The company is investing significantly in India as a manufacturing hub.
SBI Chairman Advocates for Clear Framework for AI in Banking Sector
SBIs CS Shetty emphasizes the need for a structured approach to AI in banking at the Global Fintech Fest 2026. SBI Chairman Advocates for Clear Framework for AI in Banking Sector
Looking for smallcap mutual funds? SBI Small Cap, Kotak Small Cap among top 4 picks for September
Smallcap mutual funds can offer high long-term returns but carry significant risk. ETMutualFunds shortlisted four schemes based on rolling returns, consistency, downside risk, outperformance and asset size, with a minimum threshold of Rs 50 crore.
iKure bags USD 1.8 Million from global investors to expand primary healthcare in India
iKure Techsoft has successfully raised USD 1.8 million in Pre-Series A funding. This infusion of capital is set to bolster its frontline healthcare workforce and enhance infrastructure, while also advancing its digital health platform through AI integration. iKure aims to provide ongoing care to patients, ensuring access to vital healthcare services for underserved communities across India.
Stage seeks $25 million Series C to fuel regional expansion and AI push
Stage plans to raise $25 million to expand into eight new language markets and invest in AI-driven content production. The OTT platform aims to reach 14 markets by March 2027, betting that AI can sharply reduce production and dubbing costs while helping it create localised content faster. Revenue has already grown from $2.5 million in FY24 to $16 million in FY26.
Mutual fund SIP inflows hit record high of Rs 32,297 crore in August
On a year-on-year basis, SIP inflows rose 14% from Rs 28,265 crore in August 2025.
Agentic AI could drive banking efficiencies as adoption scales: SBI Chairman
Digital Desk | Mumbai, Sep 10 (IANS) Agentic artificial intelligence (AI) can help banks deliver personalised financial services to thousands of customers but financial institutions will need clear frameworks around AI agents as the technology moves from recommendations to executing decisions, State Bank of India Chairman CS Setty said on Thursday. Speaking at the Global Fintech Fest 2026, Setty said banks were entering the next phase of AI adoption, with the deployment of AI agents across financial services offering a major opportunity. Artificial intelligence should always augment human resources, Setty said. He said the initial fixed costs of deploying agentic AI could be high but lower incremental costs as adoption expands could create economic efficiencies for banks. Setty said building foundational AI models was necessary for creating strategic capabilities in artificial intelligence. Agentic AI could enable banks to provide more personalised services at scale, he added. However, banks are introducing the technology in a market that is diverse and complex, creating challenges for financial institutions, he said. While banks have been using machine learning (ML) models for several years, the next major opportunity lies in deploying AI agents across financial services, Setty said. SBI has been among the early adopters of artificial intelligence and machine learning in banking and already uses conventional AI-based approaches for credit assessment and cash flow-based lending, he said. Setty also highlighted the role of India's digital infrastructure in enabling technology adoption. India has successfully converted digital infrastructure into trust and then converted that trust into scale, he said. As agentic AI becomes more embedded in banking, institutions will need clear frameworks governing the identity and authentication of AI agents, customer consent and transaction limits, according to him. He said accountability would become increasingly important as AI systems move beyond providing recommendations and begin executing decisions.
FSSAI open to stricter warning labels as SC presses for food safety
India's food regulator is open to adopting stricter food labelling measures. The Supreme Court questioned the regulator's initial two-phased approach to warning labels. FSSAI indicated willingness to implement stricter labels from the outset. This includes warning labels on products high in just one ingredient. The court requested suggestions on September 28 for further action.
Indias organised apparel retail revenue to grow 12-13% in FY27, margins may shrink: Crisil
Projected revenue growth in the organized apparel retail market is expected to reach between twelve and thirteen percent this fiscal year. This growth will be fueled by demand for value fashion and geographical expansion into smaller urban areas. Operating margins may decrease to approximately fourteen percent due to rising costs, prompting retailers to focus on inventory discipline and aware expansion strategies to maintain stable credit profiles.
If the strike materialises, no branch banking such as cheque deposits, cash withdrawals through tellers, processing of home, automobile or gold loans is likely on Friday (September 11, 2026)
Will State Bank of Indias branches be closed on September 11 bank strike day? Heres what SBI says
Bank strike September 11, 2026: Bank unions have announced multiple strike dates starting September 11, 2026. State Bank of India advises customers to complete transactions before the strike. Digital banking channels and ATMs are recommended for routine transactions. The strikes are part of demands for banking sector reforms and a five-day week. Customers may face inconvenience due to these proposed banking disruptions.
GFF 2026: After KYC, SBI chief flags Know Your Agent as AI enters banking
Agentic AI's growing use in finance necessitates new checks beyond customer identification. Banks may develop a 'Know Your Agent' framework for autonomous systems. This framework will address AI identity, authentication, and transaction limits. Such systems require accuracy, accountability, and unbiased access for trust. India aims for intelligent inclusion by scaling AI financial services.
Investing in FDs or small savings schemes? 5 factors investors should compare beyond interest rates
Small savings schemes and bank FDs differ in investment limits, liquidity, payouts, taxation and tenure. Here are five factors investors should consider beyond interest rates before choosing where to invest.
Dream Theatre named licensing, brand partnerships partner for Baahubali franchise
Arka Media Works has appointed Dream Theatre as the exclusive licensing and merchandising partner for Baahubali in India, as the franchise expands into animation.
Parag Parikh Flexi Cap Fund increase stake in HDFC Bank, Coal India, and 8 others in August
Parag Parikh Flexi Cap Fund raised its stake in HDFC Bank, Coal India and eight other stocks in August, while adding DLF as a new entrant. The fund increased its holding in Indraprastha Gas and trimmed exposure to The Great Eastern Shipping Company. It held 34 stocks across 26 sectors.
Indian retirees and the equity gap: Is your retirement corpus too conservative?
Mumbai ITAT allowed a taxpayers Section 54 exemption on investments in multiple residential properties for AY 2013-14, when the law referred to a residential house. The Tribunal also allowed 20.44 lakh spent on civil and electrical work to make the newly purchased flat habitable.
Apple Watch Series 12s Health Age takes on WHOOPs health tracking
Apple Watch Series 12 now offers a Readiness score for daily preparedness. This new feature analyzes activity, sleep, and vitals data. The device also introduces a Health Age metric for long-term tracking. These advancements position Apple Watch against WHOOP's established health monitoring. The new models offer enhanced health sensing capabilities for users.
HDFC Defence Fund adds HAL, Mazagon Dock, Bharat Electronics and 5 others in August
The HDFC Defence Fund added several defence stocks in August. Hindustan Aeronautics and Mazagon Dock were among the new additions. Bharat Electronics also saw increased allocation within the fund's holdings. The fund reduced its stake in Cyient DLM and Solar Industries. Overall portfolio allocation remained stable across thirteen other stocks.
Can your employer stop you from joining a rival firm? Know the law on non-compete clauses
Ifyour employment contract has a non-compete clause, it means that once youresign, you cannot work for a competitor company for a defined period oftime. Read this article to know what the law says
Ancestral and self-acquired property have different legal implications under Hindu law, particularly when children seek a share in a parents property. Heres what the law says about a childs rights in a fathers property, including whether he can sell or gift it without their consent.
How many bank accounts should you have?
Indias home prices are rising faster than building costs: What buyers need to know
Low credit score? Improve your credit score with 6 simple steps to build a stronger credit profile
Gold and silver prices today, 10 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Best flexi cap mutual funds to invest in September 2026
Flexi cap mutual funds have the freedom to invest anywhere depending on the view of the fund manager. For example, he or she might invest more in large cap stocks. Or in a bull market she might invest more in mid cap or small cap stocks. Investors should be extremely careful about this aspect. Investors should make sure that they are choosing a scheme that is in line with their risk appetite. For example, some flexi cap schemes may be more conservative than others. It is for you to identify the one that suits your temperament.
India looks to boost biofuel use amid rising crude supply risks
India seeks to boost biofuel use for energy security. Crude supply disruptions and rising oil prices drive this strategic shift. The nation is testing biofuel blends with diesel and gasoline. India also promotes flex-fuel vehicles to reduce import reliance. Concerns exist regarding engine performance and fuel efficiency with higher ethanol.
WHO chief meets JP Nadda, praises India's health gains in maternal, child care and TB fight
WHO chief Tedros Adhanom Ghebreyesus praised India's health sector progress. He highlighted advancements in maternal and child health initiatives. India's Ayushman Arogya Mandirs bring health screenings closer to communities. ASHA workers support mothers and children from conception through adolescence. Discussions also covered India's efforts to end tuberculosis and strengthen regulations.
Rule of 70 for retirement: How this simple formula helps estimate when savings may double
The Rule of 70 is a retirement-planning formula that estimates how long an investment may take to double, helping investors gauge corpus growth and make informed decisions about savings, returns and retirement goals.
A retirement bucket strategy divides your corpus into three parts for immediate expenses, medium-term lifestyle goals and long-term wealth creation. Here is how retirees can allocate investments, account for inflation and reduce the impact of market volatility on their retirement savings.
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