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Rupee under pressure as oil prices and US inflation data influence currency outlook

The Indian rupee remains under pressure amid rising crude oil costs and investor caution ahead of US inflation figures, with analysts warning of potential further weakness driven by a stronger dollar and global energy costs. The Indian rupee remained under…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

India’s UPI transition raises questions over future charges for large merchants

As India’s Unified Payments Interface cements its role in everyday transactions, a debate emerges on whether large merchants should start bearing fees to sustain the system, shifting the cost burden from consumers to high-value digital transactions. India’s Unified Payments Interface…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Apple aims for premium Indian market with card-based Apple Pay launch in late 2026

Apple plans to introduce Apple Pay in India by late 2026, initially focusing on card transactions to target affluent consumers amid regulatory hurdles, signalling a strategic shift away from UPI dependency. Apple’s reported plan to bring Apple Pay to India…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

EPFO revamps digital processes to expedite PF withdrawals and transfers

The Employees’ Provident Fund Organisation launches extensive digital reforms aimed at faster, more transparent withdrawals, transfers, and pension claims for over 70 million subscribers, marking a significant shift towards paperless, automated services. The Employees’ Provident Fund Organisation is moving through…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Streaming services in Turkey face backlash over hidden fees and access issues

A surge in complaints in Turkey highlights growing frustration with major streaming platforms over billing disputes, challenging cancellation processes, and access problems, amid reports of unauthorised charges and phishing scams. Millions of subscribers now rely on streaming services for entertainment,…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

India’s updated Aadhaar app enables families to manage multiple profiles on a single device

The Unique Identification Authority of India has launched a new version of the Aadhaar app allowing users to store and manage credentials for up to five family members on one smartphone, aiming to streamline access and reduce reliance on physical…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Taiwan insurer offers dollar-denominated whole life policy amid ageing society

Nanshan Life launches a flexible, dollar-denominated whole life policy designed to address the financial challenges of an ageing society, combining protection, disability cover, and phased benefits for diverse life stages. As Taiwan moves towards an ageing society, Nanshan Life is…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Kenyan bank customers face rising scams exploiting urgency and impersonation

scammers in Kenya are intensifying attacks on bank customers through sophisticated messages designed to provoke panic, targeting times of routine payments with fake alerts and impersonations to steal money and sensitive information. Fraudsters are stepping up attacks on bank customers…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Understanding the final reassessment: How health insurance claims can change after pre-authorisation

Pre-authorisation provides an initial estimate for health insurance claims, but the final payout may vary significantly based on treatment actuals, hospital billing, and policy terms, highlighting the importance of careful record review. Pre-authorisation is not the final word on a…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Temasek and TPG-linked entities plan Rs 2,000 crore stake sale in Dr. Agarwal Health Care

Dr. Agarwal Health Care’s shares plummeted amid reports of a large stake sale by Temasek and TPG-linked entities, signalling a potential shift in ownership as the company prepares for a future IPO. Dr. Agarwal Health Care Ltd. came under pressure…

  • apxadmin
  • August 12, 2026
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