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India’s unemployment rate dips to 5.1% in July, driven by rural recovery and rising female participation

India’s unemployment rate decreased to 5.1% in July 2026, marking an improvement driven largely by rural employment growth and increased female workforce participation, according to the latest government survey. India’s unemployment rate eased to 5.1% in July 2026 from 5.5%…

  • apxadmin
  • August 17, 2026
  • Economy, Policy and Business

India’s new tax law aims to position it as a global rough diamond trading hub

India has introduced a 15-year tax exemption for overseas rough diamond sellers in a move to strengthen its bid to become a global diamond trading centre, potentially transforming the international rough diamond market. India has moved to lock in a…

  • apxadmin
  • August 17, 2026
  • Tax, Laws & Money Explained

India’s new scheme offers small taxpayers a limited window to disclose undisclosed overseas assets

India’s Income Tax Department has introduced a time-limited scheme enabling small taxpayers to regularise unreported foreign assets and income, aiming to boost compliance and reduce disputes before stricter enforcement begins. India’s Income Tax Department has opened a time-limited route for…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Analysis debunks claim of UPI decline as digital payments continue to grow in India

Recent reports suggesting a downturn in UPI usage are unfounded; official data shows continued expansion despite legal clarifications and slower growth rates, with cash usage also rising alongside digital transactions. The Wire has drawn criticism for suggesting that Indians are…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

The importance of timing and safety in long-term investing

While buy-and-hold remains a cornerstone of wealth building, recent insights reveal that individual circumstances, market timing, and risk management are crucial for success, especially amid rising speculation and market volatility. The familiar boast that a single dollar invested decades ago…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Wimbledon-style payoffs signal a seismic shift in white-collar inequality and volatility

As the structure of earnings shifts towards rank-based, performance-driven rewards, white-collar workers face increased income volatility, social comparison pressures, and a growing disparity reminiscent of Wimbledon’s prize structure, prompting a fundamental change in perceptions of success and stability. The gap…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Business owners should diversify their wealth to mitigate concentration risks, experts advise

Entrepreneurs are encouraged to build outside wealth and reduce risks associated with heavy investment in their own companies, amid rising concerns over concentration risk and financial resilience. Building a successful company can create wealth, but it can also leave an…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Scammers harness AI to geolocate holiday photos and target victims more convincingly

New AI vision models can accurately pinpoint where holiday pictures were taken without metadata, enabling scammers to craft highly personalised and credible travel-related scams, prompting warnings to delay sharing travel images online. Scammers are finding a new use for holiday…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Quick response essential for replacing damaged credit cards to prevent misuse

Experts recommend immediate action to block, inform, and replace damaged credit cards, with digital options streamlining the process and reducing risks of unauthorised use. A damaged credit card can quickly become a practical problem, stopping routine payments just when a…

  • apxadmin
  • August 17, 2026
  • Fintech & Digital Money

Insurers accelerate AI deployment but data quality still hampers scaling

While insurers are moving beyond experimentation with AI into broader deployment, data quality remains the key challenge to scaling the technology, according to new insights from EXL’s latest study. EXL says insurers are moving beyond experimentation with artificial intelligence and…

  • apxadmin
  • August 17, 2026
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India offers new window for small taxpayers to regularise overseas assets before year-end

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