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Rupee stabilises above 95 against US dollar ahead of RBI policy decision

The Indian rupee edged higher against the US dollar amid softer dollar sentiment, easing oil prices, and favourable foreign portfolio flows, as markets await the Reserve Bank of India’s upcoming policy review. The rupee inched higher in early trade on…

  • apxadmin
  • August 9, 2026
  • Personal Finance & Wealth

Understanding the psychological roots of excessive saving and impulsive spending

Research reveals that saving and spending patterns are often driven by emotional and psychological factors such as scarcity mindset, past hardships, and present bias. Experts recommend behavioural strategies like automation and goal-setting to foster healthier financial habits amidst underlying anxiety.…

  • apxadmin
  • August 9, 2026
  • Personal Finance & Wealth

Punjab National Bank to launch wealth management services to deepen customer ties and boost non-interest income by December

Punjab National Bank plans to introduce wealth management services by December, aiming to enhance fee-based income and strengthen relationships with its key clients through a expanded network of customer relationship managers. Punjab National Bank plans to launch wealth management services…

  • apxadmin
  • August 9, 2026
  • Tax, Laws & Money Explained

Driving without valid insurance in India risks hefty legal and financial consequences after a lapse

A lapsed motor insurance policy leaves vehicle owners vulnerable to personal liability, repair costs, and legal penalties, especially when involved in accidents or damages to third parties. Renewing coverage promptly and understanding policy terms are crucial to avoid significant risks.…

  • apxadmin
  • August 9, 2026
  • Economy, Policy and Business

Tamil Nadu Budget grapples with high debt and ambitious welfare promises

The Tamilaga Vettri Kazhagam government’s first budget faces the challenge of balancing expansive welfare schemes with severe fiscal constraints and rising debt levels, amid cautious political and economic manoeuvres. The Tamilaga Vettri Kazhagam government’s first Budget has landed between two…

  • apxadmin
  • August 9, 2026
  • Economy, Policy and Business

India’s rural employment scheme may impose heavier fiscal burdens on states amid falling labour demand

India’s new rural employment initiative, VB G RAM G, risks increasing state fiscal pressure without guaranteed job growth, as rural labour participation declines and funding responsibilities shift from Centre to states. India’s new rural employment push, VB G RAM G,…

  • apxadmin
  • August 9, 2026
  • Fintech & Digital Money

India’s increasing digital access drives urgent need for improved cyber fraud response

As over 86% of Indian households gain internet access, cyber incidents rise sharply, prompting urgent guidance on rapid response and prevention strategies to mitigate financial losses and improve digital safety. India’s households are more connected than ever, and that convenience…

  • apxadmin
  • August 9, 2026
  • Markets & Investing

Dhoot Transmission IPO to strengthen balance sheet and fund new wiring plants

Dhoot Transmission’s upcoming Rs 3,067 crore IPO aims to reduce debt, expand manufacturing capacity, and support growth, backed by Bain Capital with plans to invest in new wiring harness plants. Dhoot Transmission’s initial public offering will open on August 10,…

  • apxadmin
  • August 9, 2026
  • Markets & Investing

India considers raising FDI approval threshold to attract larger overseas investments

The Indian government is contemplating an increase in the foreign investment proposal threshold from Rs 5,000 crore to Rs 15,000 crore, aiming to foster a more favourable environment for larger overseas deals and streamline approval processes. India’s government is weighing…

  • apxadmin
  • August 9, 2026
  • Markets & Investing

Oil price volatility and geopolitical tensions intensify India's market uncertainties

Indian equities face heightened volatility amid rising crude oil prices, West Asia tensions, and inflation data releases, with geopolitical and macroeconomic factors shaping market sentiment this week. Crude oil prices, tensions in West Asia and a run of inflation data…

  • apxadmin
  • August 9, 2026
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