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Rupee weakens amid rising crude prices and global market uncertainties

The Indian rupee declines against the US dollar as crude oil prices rebound and geopolitical tensions escalate, adding pressure to India’s import-dependent economy amid shifting US Federal Reserve expectations. The Indian rupee started the week weaker against the US dollar…

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

Gold prices in India dip after seven-week high amid US inflation anticipation

Gold prices in India declined on Monday following a seven-week rally, as investors lock in profits and await US inflation data that could influence Federal Reserve interest rate decisions. Gold prices in India eased on Monday after last week’s sharp…

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

Apple prepares to launch Apple Pay in India without UPI support, ahead of credit card rollout

Apple is set to introduce Apple Pay in India as early as October, initially supporting credit cards from Visa and Mastercard, but not UPI, raising questions about how quickly the service will expand and compete in the country’s bustling payments…

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

India's income tax refunds: quickening timelines depend on accuracy and early filing

Taxpayers in India can expect faster refunds with accurate, promptly e-verified returns, but delays still occur due to mismatches and workload, making early filing advisable to expedite the process. Many taxpayers breathe easier once an income tax return is filed,…

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

Chennai tax tribunal rules in favour of company over misplaced gratuity claim

The Chennai tax tribunal has highlighted that genuine deductions should not be denied solely due to technical errors in filings, reinforcing the principle that substance outweighs form when the entitlement is clear. A Chennai tax tribunal has sided with a…

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

RBI mandates uniform deposit interest rates to enhance transparency and stability

The Reserve Bank of India introduces new rules from October 1 requiring banks to apply uniform interest rates across branches for retail deposits, aiming to improve transparency and liquidity management amid evolving funding strategies. The Reserve Bank of India will…

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

Indian seniors seek post-retirement work amid rising numbers, but face hurdles around tax and opportunities

As India’s elderly population surges, more retirees aspire to work for purpose and income, yet obstacles such as tax implications, digital illiteracy, and job availability hinder their efforts, highlighting a evolving landscape in post-retirement employment. For many Indians, retirement is…

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

Maharashtra’s cash transfer scheme boosts women’s independence amid scrutiny and exclusions

The Ladki Bahin scheme in Maharashtra has provided women with financial control and political support, but recent verification efforts have cut nearly 38% of beneficiaries, raising questions over fiscal management and programme effectiveness. Until recently, Nirmala Bawaskar had never held…

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

Mortgage fraud surge linked to AI-driven impersonations raises industry alarms

Rising mortgage application and account takeover frauds in the UK signal a growing threat to the property sector, with experts urging enhanced identity verification methods amid increasingly sophisticated criminal tactics. Rising mortgage fraud across every reported category is emerging as…

  • apxadmin
  • August 10, 2026
  • Markets & Investing

Molbio Diagnostics prepares for India’s IPO with expansion focus amid growth momentum

Molbio Diagnostics is set to launch its initial public offering on August 10, aiming to raise up to ₹2,000 million for expansion, as the company seeks to capitalise on recent growth and reinforce manufacturing capabilities. Molbio Diagnostics is set to…

  • apxadmin
  • August 10, 2026
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