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NUCFDC accelerates universal membership of urban cooperative banks to boost digital transformation

The National Urban Cooperative Finance and Development Corporation aims to bring all urban cooperative banks into its fold this year, enhancing digital services and reducing costs for small lenders amid sector reforms. The National Urban Cooperative Finance and Development Corporation…

  • apxadmin
  • August 8, 2026
  • Personal Finance & Wealth

FTC warns of new toll scam using convincing smishing tactics to steal personal data

The Federal Trade Commission alerts the public to a rising tide of text message scams mimicking toll notifications to harvest personal and financial information, highlighting key warning signs and protective measures. The Federal Trade Commission is warning that text messages…

  • apxadmin
  • August 8, 2026
  • Personal Finance & Wealth

India’s nominations in financial products need to be complemented by comprehensive estate planning

While nominations on bank accounts, mutual funds, and insurance policies help identify beneficiaries, they do not replace the need for a proper will. Experts emphasise that aligning nominations, wills, and documentation is vital for smooth asset transfer and dispute prevention…

  • apxadmin
  • August 8, 2026
  • Personal Finance & Wealth

Indonesia emphasises importance of home protection amid rising property risks and housing programme

As Indonesia advances its 3 million houses programme, Asuransi Jasindo urges families to integrate home protection into financial planning amid increasing weather extremes and property risks, with upcoming housing expo aiming to boost mortgage accessibility. As Indonesia pushes ahead with…

  • apxadmin
  • August 8, 2026
  • Personal Finance & Wealth

India's deposit protection faces new challenges as insured share falls below 40%

Analysis reveals that the insured portion of Indian bank deposits has dipped below 40% for the first time since the deposit insurance cover was increased, raising concerns about deposit safety amid rising large-balance accounts and payout delays. Concerns about the…

  • apxadmin
  • August 8, 2026
  • Tax, Laws & Money Explained

Supreme Court affirms motor insurance covers vehicle occupants and urges systemic reforms in India

In a landmark ruling, the Supreme Court of India confirms that comprehensive motor insurance policies cover vehicle occupants, prompting calls for systemic improvements to combat the high rate of uninsured vehicles and enhance road safety. The Supreme Court of India…

  • apxadmin
  • August 8, 2026
  • Tax, Laws & Money Explained

RBI schedules five additional early redemption dates for Sovereign Gold Bonds in August

Investors in Sovereign Gold Bonds are set to track five more early redemption dates in August, as the Reserve Bank of India listed upcoming tranches following the completion of previous ones, impacting returns linked to gold market prices. Investors in…

  • apxadmin
  • August 8, 2026
  • Tax, Laws & Money Explained

How policyholders can effectively challenge insurance denials and avoid being shortchanged

With insurance denials often based on misinterpretations or procedural errors, policyholders are encouraged to scrutinise rejection reasons, assemble organised evidence, and consider professional advice to stand a better chance of overturning refusals and securing rightful cover. A denial letter is…

  • apxadmin
  • August 8, 2026
  • Tax, Laws & Money Explained

New TDS rules make fixed deposits more complex for cautious savers

While fixed deposits now face TDS when interest exceeds threshold, Kisan Vikas Patra remains taxable but free from TDS, prompting investors to reconsider their savings strategies amid evolving tax rules. Fixed deposits and Kisan Vikas Patra may both appeal to…

  • apxadmin
  • August 8, 2026
  • Economy, Policy and Business

India’s infrastructure boom post-2014 transforms its economic landscape

India has experienced a rapid and comprehensive infrastructure expansion since 2014, encompassing transport, energy, healthcare, and digital sectors, positioning the country for significant economic transformation. India’s post-2014 infrastructure story is one of rapid scale-up across transport, energy, health care and…

  • apxadmin
  • August 8, 2026
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