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Asia-Pacific accelerates cross-border payments with regional Nexus scheme set for 2027 launch

Asia-Pacific nations are transforming international retail payments through Project Nexus, aiming for a 2027 deployment that offers instant, low-cost, and seamless cross-border transactions by linking domestic payment systems into a unified network. Asia-Pacific is emerging as the most convincing test…

  • apxadmin
  • September 26, 2026
  • Economy, Policy and Business

Actis consolidates Indian road assets into a $1 billion infrastructure trust amid rising investor interest

Actis LLP has merged 11 road assets into a ₹10,000 crore infrastructure trust, signalling continued momentum in India’s road sector as long-term investors seek stable returns amid a flurry of recent deals. Actis LLP has combined 11 road assets from…

  • apxadmin
  • September 26, 2026
  • Personal Finance & Wealth

Early signs of identity theft often overlooked, warn US agencies

Consumer authorities highlight subtle early warnings of identity theft, such as unsolicited financial mail and unexplained credit denials, urging vigilance to prevent fraud from escalating. Identity theft often begins with small, easily missed warning signs rather than an obvious financial…

  • apxadmin
  • September 26, 2026
  • Fintech & Digital Money

Trade body urges rollback of new UPI merchant fee as protests mount in India

The Chamber of Trade and Industry has called for the reversal of a new merchant discount rate on higher-value UPI transactions, warning it could hinder digital payment adoption and revive cash usage amid protests and industry concerns. The Chamber of…

  • apxadmin
  • September 26, 2026
  • Economy, Policy and Business

Indian rupee weakens as crude oil prices surge despite record FCNR(B) deposits

The Indian rupee surrendered early September gains amid rising crude oil prices, even as record foreign currency deposit inflows bolstered India’s forex reserves and liquidity, with underlying inflation showing signs of firming. The Indian rupee gave back earlier September gains…

  • apxadmin
  • September 26, 2026
  • Personal Finance & Wealth

Indian banks open on Sunday to prevent salary delays ahead of three-day strike

The Indian government mandates public-sector and regional rural banks to remain open on Sunday, September 27, to ensure payroll and banking services continue before a planned three-day nationwide strike, causing both operational certainty and union objections. The Indian government has…

  • apxadmin
  • September 26, 2026
  • Fintech & Digital Money

Indian Shopify merchants face complex costs as they navigate third-party payment fees and plan upgrades

Indian store owners must consider a tangled web of transaction fees, taxes, and additional charges when choosing payment solutions on Shopify, with recent shifts making profitability more complicated than ever. Indian Shopify merchants cannot use Shopify Payments, so they have…

  • apxadmin
  • September 26, 2026
  • Personal Finance & Wealth

Childhood money worry can entrench behavioural habits that persist into adulthood

Early exposure to household financial stress can shape adult behaviours such as compulsive checking, self-guilt, secrecy, and avoidance, with some patterns rooted in childhood anxieties that outlive the original circumstances. Children who grow up around constant money worry often carry…

  • apxadmin
  • September 25, 2026
  • Tax, Laws & Money Explained

India’s new EPFO wage ceiling to expand social security coverage from September 2026

India is set to raise its higher EPFO wage ceiling from ₹15,000 to ₹25,000, potentially extending retirement benefits and social security to millions of formal workers, with changes effective from September 2026. India’s higher EPFO wage ceiling is set to…

  • apxadmin
  • September 25, 2026
  • Economy, Policy and Business

India accelerates towards Rs 50,000 crore defence export target two years ahead of schedule

India is on track to meet its Rs 50,000 crore defence export goal by 2028, two years earlier than planned, driven by rising overseas demand, domestic manufacturing growth, and strategic government initiatives. India is on course to hit its Rs…

  • apxadmin
  • September 25, 2026
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