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Rupee pressure keeps Indian gold and silver below firmer global prices

Indian gold and silver prices edged lower on 19 October despite gains in Comex markets, as currency movements and conflicting festive-season benchmarks kept buyers cautious. Gold and silver prices in India drifted lower on 19 October 2026, even as international…

  • apxadmin
  • October 19, 2026
  • Tax, Laws & Money Explained

India keeps crypto legal, but taxes and compliance leave investors little room to manoeuvre

Private cryptocurrencies can still be bought and traded in India in 2026, but 30% tax on gains, 1% TDS and tougher compliance rules keep them firmly outside the country’s official money system. India’s cryptocurrency rules in 2026 sit in a…

  • apxadmin
  • October 19, 2026
  • Fintech & Digital Money

Comviva and Aduna turn mobile-network data into a new fraud shield for banks

Comviva and Aduna are pitching network intelligence as a faster, lower-friction way for banks and fintechs to verify customers, detect SIM-swap attacks and strengthen fraud controls. Comviva and Aduna are using this year’s Money20/20 USA in Las Vegas to present…

  • apxadmin
  • October 19, 2026
  • Personal Finance & Wealth

Why a Rs 6 lakh emergency fund should prioritise access over returns

Savings accounts offer immediate access, while fixed deposits and liquid funds may improve returns with added restrictions. A blended approach can balance liquidity, safety and interest on a six-month reserve. An emergency fund is meant to absorb shocks, not chase…

  • apxadmin
  • October 19, 2026
  • Fintech & Digital Money

ScribeUp raises $13m to put recurring-payment controls inside banking apps

The Cambridge-based fintech will use the funding to expand its software, which helps banks and credit unions identify, manage and cancel recurring payments for customers. ScribeUp has raised $13 million in a Series A funding round as it seeks to…

  • apxadmin
  • October 19, 2026
  • Tax, Laws & Money Explained

GSTN opens e-invoicing test route for reverse-charge self-invoices

India’s GST Network has added RCMDOM and RCMIMP reporting codes for recipient-generated self-invoices, but the facility is currently limited to sandbox testing and carries no live filing obligation. The Goods and Services Tax Network has expanded India’s e-invoicing system to…

  • apxadmin
  • October 19, 2026
  • Personal Finance & Wealth

Gig workers face a postcode lottery on medical cover

Insurance for delivery workers varies sharply by platform, with some companies funding accident and medical cover while others leave riders exposed to policy limits or personal costs. Delivery work may look straightforward from the outside, but for gig workers it…

  • apxadmin
  • October 19, 2026
  • Economy, Policy and Business

South India’s growth bet shifts from crowded metros to planned city clusters

From Hyderabad’s Bharat Future City to industrial and technology districts in Tamil Nadu, Karnataka, Kerala and Andhra Pradesh, governments are building new urban clusters to attract investment, talent and advanced industries. South India’s next growth story may not be a…

  • apxadmin
  • October 19, 2026
  • Fintech & Digital Money

PhonePe rebrands Share.Market as PhonePe Invest with portfolio tool for retail investors

PhonePe has renamed its investing platform PhonePe Invest and launched Portfolio Optimiser, a tool designed to help users build, review and rebalance portfolios across demat accounts. PhonePe has renamed its stockbroking and investing platform Share.Market as PhonePe Invest, bringing it…

  • apxadmin
  • October 19, 2026
  • Tax, Laws & Money Explained

RBI shifts trade finance decisions to banks as export deadline is cut to nine months

India’s new FEMA trade rules give authorised dealer banks wider powers over approvals, documentation and settlement, while shortening the standard export realisation period to nine months. India’s foreign exchange rulebook for exporters and importers has changed in ways that will…

  • apxadmin
  • October 19, 2026
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