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Gold and silver prices fluctuate amid geopolitical tensions and macroeconomic signals

Gold and silver experienced volatile swings on August 8, influenced by geopolitical tensions, bond yields, and macroeconomic indicators, with domestic prices showing city-to-city variations amid ongoing global uncertainty. Gold and silver prices were volatile on August 8 as investors weighed…

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

Large cash deposits in savings accounts attract tax scrutiny despite higher reporting thresholds

Tax authorities are increasingly scrutinising large cash deposits in savings accounts, with scrutiny extending to smaller sums that appear suspicious, emphasising the importance of transparency and documentation for taxpayers. Many bank customers keep large balances in savings accounts for convenience…

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

India rejects BRICS shared currency proposal amid strategic trade stance

India has reaffirmed its opposition to a shared BRICS currency, emphasising its cautious approach to economic integration and strategic autonomy amid broader discussions on trade and financial cooperation within the bloc. India has ruled out backing a shared BRICS currency,…

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

Hybrid approach emerges as the preferred financial strategy for couples

Research indicates that couples are increasingly adopting hybrid financial arrangements, combining shared and separate finances to balance independence with unity, tailored to personal habits and goals. Marriage rarely demands a choice between total financial independence and complete pooling of money.…

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

18 years of disciplined investing highlight the importance of behaviour over market timing

Celebrating a personal milestone, an investor reflects on 18 years of wealth building through patience, habit, and disciplined asset allocation, reaffirming key lessons for long-term investors. In a post on Freefincal marking 18 years since the author began investing in…

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

Adult allowances offer a simple way to curb overspending and boost financial confidence

A practical approach to personal finance, adult allowances help distinguish essentials from discretionary spending, leading to less stress and more control over expenses, inspired by childhood lessons turned adult strategies. An allowance is usually treated as a lesson for children,…

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

Revisiting the 50/30/20 budgeting rule for high-cost cities

Economist Olga Gogaladze suggests that the traditional 50/30/20 rule needs adaptation in large cities, recommending flexible strategies and prioritising major expense reviews to build savings effectively. The familiar 50/30/20 budgeting rule is best treated as a rough guide rather than…

  • apxadmin
  • August 9, 2026
  • Markets & Investing

UBS predicts gold could hit $5,000 an ounce by mid-2027 amid estimated sustained central bank buying

UBS has revised its gold price outlook, expecting prices to reach $5,000 an ounce in the first half of 2027 due to favourable structural forces, despite near-term volatility driven by changing interest rates and economic data. UBS expects gold to…

  • apxadmin
  • August 9, 2026
  • Markets & Investing

IDFC FIRST Bank sets ambitious fund-raising plans at 12th AGM amid remote shareholder approval

IDFC FIRST Bank announces its 12th annual general meeting to be held via video conference, seeking approval for significant capital raising to support future growth and strengthen its balance sheet. IDFC FIRST Bank has called its 12th annual general meeting…

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

Odisha secures over Rs 66,000 crore in investment proposals during Delhi roadshow, signalling rapid industrial growth

State witnesses a surge in investment interest worth Rs 66,392 crore after a two-day outreach in Delhi-NCR, aiming to boost manufacturing, textiles, engineering, and aluminium sectors while creating thousands of jobs. Odisha has reported fresh investment interest worth Rs 66,392…

  • apxadmin
  • August 9, 2026
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