Business
AI For Personal Finance: Is Using ChatGPT, Gemini Or Grok The Right Choice?
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Grok, ChatGPT and Gemini are popular for personal finance advice, but experts warn AI lacks nuance and should be used as an assistant, not a sole adviser.

Using AI more as an assistant than an adviser would be a more prudent.
Many people have turned towards popular generative AI applications such as Grok, ChatGPT and Gemini to take personal finance advice regarding wealth management and investment. With the growing dependency on these applications in the general aspect of life, the PF part hasn’t remained untouched, either.
What used to be the domain of experts in the personal finance segment and wealth management is being done by an AI chatbot in peanuts and at the fingertips. Thus, alluring people to use them while seeking PF advice.
In fact, the AI companies are also focusing on building their chatbots to be useful and friendly in relation to financial and investment advice, though there are doubts still pertaining to the relevance and truthfulness.
Is it the right choice to use these chatbots to take personal finance advice?
Amol Joshi, founder, PlanRupee Investment Services told Moneycontrol that managing personal finance isn’t a one-time or ‘fill it, shut it, forget it’ activity. He further said that it requires careful product selection, keeping in mind your investment horizon and risk profile. “AI cannot practically take care of all these aspects end-to-end, he added.
Experts say that one needs to manage their portfolio regularly, and if one, they say, can’t do it by themselves, then he needs to seek professional help.
Nehal Mota, co-Founder & CEO, Finnovate as quoted by Moneycontrol said relying on AI for personal finance can be a good starting point but it isn’t the solution in itself.
AI tools are good at breaking down complex ideas into simple explanations, doing quick calculations, and comparing financial products. This is especially useful in India, where overall financial literacy is estimated to be around 27 percent.
They help people quickly understand basics such as SIP returns, insurance coverage, or tax slabs. However, personal finance decisions are highly personal and depend on many factors — income stability, family responsibilities, risk appetite, tax status, and long-term goals.
Studies suggest that behavioural biases — like panic selling, staying inactive for too long, or chasing short-term gains — account for nearly 60–70 percent of poor financial outcomes. AI has limited ability to address these emotional biases. Also, since tax laws, regulations, and product structures keep changing, AI-generated responses may not always capture the latest compliance requirements or finer details, Mota said.
However, using AI more as an assistant than an adviser would be a more prudent, several experts said.
February 14, 2026, 14:32 IST
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52 reforms in 52 weeks: Ashwini Vaishnaw outlines massive railway overhaul for 2026
Indian Railways has reached a global milestone in freight operations, securing its position as a premier international logistics hub. Union Minister for Railways, Ashwini Vaishnaw, announced today that the national carrier has achieved an unprecedented scale in its logistics division. Highlighting this achievement, the Minister stated, “Indian Railways has become the second-largest cargo carrier in the world.”
Building on this momentum, the Ministry has prepared a rigorous roadmap for the upcoming year aimed at systemic transformation. The government plans to roll out a series of weekly initiatives to modernise every facet of rail travel and transport. Vaishnaw explained the structured timeline, saying, “For 2026, Railways has resolved to implement 52 reforms in 52 weeks.”
The initial phase of this plan will prioritise the passenger experience, with a focus on improving the quality of onboard facilities. The Minister identified the primary starting point for this year-long agenda, noting, “The first reform is better onboard services in Railways.”
In addition to passenger amenities, the government is placing strong emphasis on the “Gati Shakti” initiative to streamline the nationwide movement of goods. This strategic focus is designed to strengthen the country’s supply chain. Vaishnaw confirmed the freight sector’s priority, adding, “The second concerns ‘Gati Shakti Cargo.’”
A cornerstone of the 2026 agenda is a comprehensive overhaul of sanitation and hygiene standards. The Ministry has developed a new blueprint to ensure that the rail network’s cleanliness meets global benchmarks. Detailing the specifics of the first major initiative, the Minister remarked, “Reform number one for 2026 will ensure proper end-to-end cleaning of the Railways… The concept of a clean rail station has been established.”
This cleanliness drive is not a short-term measure but a multi-year commitment to cover the entire Indian Railways fleet. The implementation will be phased to ensure thoroughness and consistency. Vaishnaw clarified the timeline, stating, “Over three years, this reform will be implemented across all trains.”
To ensure the success of these reforms, the Ministry is introducing a robust accountability framework. These measures will include performance-based contracts and the integration of modern digital tools to monitor progress in real time. Emphasising the shift towards professional and technology-driven management, the Minister concluded, “There will be clearly defined service-level agreements… There will be extensive use of technology.”
Business
BrewDog owners say craft beer company could be sold off
Craft beer brand BrewDog could be sold off after the company started the process to find new investors.
The Scottish beer brand recently announced plans to close all of its distilling brands, meaning it would no longer produce any of its spirits, including Duo Rum, Abstrakt Vodka, and Lonewolf Gin, at its distillery in Ellon, Aberdeenshire.
The company, which was founded in 2007, said it made the decision to focus on its beer brands, including the highly-popular Punk IPA, Elvis Juice, and Hazy Jane.
Now, in a statement, a spokesperson for BrewDog said the company had appointed Alix Partners to “support a structured and competitive process to evaluate the next phase of investment for the business.”
The statement said: “As with many businesses operating in a challenging economic climate and facing sustained macro headwinds, we regularly review our options with a focus on the long-term strength and sustainability of the company.
“Following a year of decisive action in 2025, which saw a focus on costs and operating efficiencies, we have appointed AlixPartners to support a structured and competitive process to evaluate the next phase of investment for the business. This is a deliberate and disciplined step with a focus on strengthening the long-term future of the BrewDog brand and its operations.”
Although no decisions have been made, a sale is under consideration.
In a statment BrewDog added: “BrewDog remains a global pioneer in craft beer: a world-class consumer brand, the No.1 independent brewer in the UK, and with a highly engaged global community. We believe that this combination will attract substantial interest, though no final decisions have been made.”
According to reports by Sky News, AlixPartners had begun sounding out prospective buyers in the last few days.
The company, which has 72 bars worldwide and four breweries in Scotland, the US, Australia, and Germany, said its breweries, bars, and venues will continue to operate as normal. It employs 1400 people across the organisation.
BrewDog’s founders James Watt and Martin Dickie are the company’s major shareholders alongside private equity company TSG, which invested £213 million in 2017, making it a 21 per cent shareholder.
In 2024, the beer brand grossed £357 million in sales, and it is a major independent brewer with 4 per cent market share in the UK grocery market.
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