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Visa turns to India’s affluent consumers as UPI dominates everyday payments

Visa is targeting India’s expanding affluent population with premium cards, overseas spending and new data, fraud-prevention and money-movement services as UPI captures routine low-value payments. Visa is sharpening its strategy in India around wealthier consumers, higher-value transactions and spending that…

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

Telangana tax officers caught between AI push and data breach fears

A new departmental circular permits limited AI use but offers little practical guidance, leaving Telangana tax officials uncertain how to improve efficiency without exposing taxpayer data. Officials in Telangana’s Commercial Taxes Department are finding themselves in an awkward middle ground:…

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

Mumbai retiree mortgages 52 tolas of gold after ‘digital arrest’ threats

A 68-year-old retired woman was allegedly pressured by fake officials into mortgaging family jewellery and transferring ₹60.5 lakh during a week-long money-laundering hoax. A 68-year-old retired woman in Mumbai was allegedly cheated out of ₹60.5 lakh after fraudsters posing as…

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

India’s tea exports plunge 15% as West Asia disruption overwhelms price gains

India shipped 155.33 million kilogrammes of tea in the first eight months of 2026, as route diversions, higher insurance costs and geopolitical disruption reversed the sector’s record export momentum. India’s tea exports fell sharply in the first eight months of…

  • apxadmin
  • October 19, 2026
  • Markets & Investing

AI spending fears unsettle Asian markets as earnings test tech rally

Asian equities fell as investors questioned whether soaring artificial intelligence investment can deliver adequate returns, with major technology earnings due this week and political tensions weighing on the euro. Asian markets fell on Monday as worries about the scale of…

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

US holiday orders slump 25% to 30% for Indian garment exporters as Europe rebounds

Indian clothing exporters are facing a sharp drop in US festive-season orders, while improving demand from the UK and EU offers a cautious alternative despite freight and pricing pressures. Indian ready-made garment exporters are heading into the crucial festive shipping…

  • apxadmin
  • October 19, 2026
  • Markets & Investing

AI doubts revive bonds as investors rethink crowded technology trade

Growing doubts over the pace of AI spending are restoring government debt’s defensive appeal, while rising issuance threatens to push up the cost of holding longer-dated bonds. A wobble in enthusiasm for artificial intelligence has helped revive demand for bonds…

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

BNPL late payments climb as everyday spending moves into instalments

Buy now, pay later services are spreading into routine purchases, but rising late payments and multiple active loans are exposing the risks behind their frictionless appeal. Buy Now, Pay Later services have moved from a niche checkout feature to a…

  • apxadmin
  • October 19, 2026
  • Markets & Investing

Asia’s old economy emerges as the next frontier beyond its AI boom

Technology still dominates Asia’s market gains, but defence, infrastructure, energy and industrial shares are gaining momentum as governments raise spending and investors seek opportunities beyond AI. Asia’s artificial intelligence boom is still doing much of the heavy lifting in regional…

  • apxadmin
  • October 19, 2026
  • Markets & Investing

Silver falls further behind gold as India bullion market feels rate pressure

India’s gold-silver ratio has widened to about 72 as firmer US yields, a stronger dollar and expectations of further Federal Reserve tightening weigh more heavily on silver. Gold and silver prices in India are still under pressure, with both metals…

  • apxadmin
  • October 19, 2026
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