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Bank of India’s cautious shares fall on plans for foreign-currency fundraise

Shares of Bank of India declined over 2% after announcing a board meeting to consider a $1 billion overseas fundraise, highlighting banks’ intensified efforts to tap foreign markets amid a favourable macroeconomic backdrop. Bank of India’s shares fell more than…

  • apxadmin
  • August 10, 2026
  • Economy, Policy and Business

India accelerates infrastructure spending with over ₹21.97 lakh crore committed amid cost overruns

India’s central government advances its massive infrastructure programme, with nearly half of the targeted investment amount allocated by June 2026, despite rising costs and project delays, supported by a new dynamic monitoring dashboard. India’s central government is pressing ahead with…

  • apxadmin
  • August 10, 2026
  • Economy, Policy and Business

India’s new mining law aims to centralise control and curb state levies on mineral rights

The Indian government has introduced a Bill in the Lok Sabha to limit state governments’ power to impose taxes on mineral rights, seeking to streamline exploration, boost critical mineral production, and create a more predictable fiscal environment for the sector.…

  • apxadmin
  • August 10, 2026
  • Economy, Policy and Business

India’s disinvestment and asset monetisation exceeds revised estimates with ₹45,306 crore in 2025-26

India’s government surpassed its disinvestment and asset monetisation targets for 2025-26, signalling increased activity and a more ambitious plan for asset recycling ahead of the 2026-27 budget. India’s government has collected ₹45,306.05 crore from disinvestment and asset monetisation in 2025-26,…

  • apxadmin
  • August 10, 2026
  • Economy, Policy and Business

India’s DGFT advances paperless trade with digital shift in export compliance

India’s Directorate General of Foreign Trade has taken a significant step towards automation by eliminating the need for physical duty payment challans in export obligation applications, streamlining export certification processes through digital integration with customs data. India’s Directorate General of…

  • apxadmin
  • August 10, 2026
  • Personal Finance & Wealth

India’s urban workforce faces rising medical bills amid awareness gaps and job transition fears

A Tata AIG survey reveals that escalating healthcare costs and awareness gaps are heightening financial vulnerabilities among India’s urban employees, especially during job changes and emergencies. Rising medical bills have become one of the biggest financial fears for India’s urban…

  • apxadmin
  • August 10, 2026
  • Personal Finance & Wealth

Building wealth requires ownership and disciplined spending, not just earning more

While a higher income is attractive, creating lasting wealth hinges on strategic asset accumulation, disciplined spending, and long-term planning, drivers of financial security beyond immediate earnings. The appeal of a bigger salary is obvious. More money can mean breathing room,…

  • apxadmin
  • August 10, 2026
  • Tax, Laws & Money Explained

Tax refunds under section 87A hinge on income classification, not just total sums

Taxpayers receiving refunds after rebate claims under section 87A should understand that eligibility depends on how income is taxed and classified, not merely the gross total, with recent rules allowing refunds even when total income exceeds ₹12 lakh if certain…

  • apxadmin
  • August 10, 2026
  • Fintech & Digital Money

Machinery loans get more attractive for GST-registered businesses with new tax and depreciation tips

Businesses considering a ₹15 lakh machinery purchase can now leverage GST input credits and depreciation benefits to reduce effective costs, with flexible financing options tailored for steady taxable sales. A ₹15 lakh machinery purchase can be easier to justify than…

  • apxadmin
  • August 10, 2026
  • Personal Finance & Wealth

Method Financial unveils real-time borrower monitoring platform to disrupt post-origination underwriting

Method Financial’s Portfolio Intelligence leverages direct bank connections and over 90 financial signals to provide lenders with instant insights into borrower financial health, enabling proactive risk management and growth opportunities beyond loan origination. Lenders often underwrite borrowers on the basis…

  • apxadmin
  • August 10, 2026
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