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Independent verification and caution are essential to avoid pension scams amid rising scam tactics

Experts warn that unsolicited contact about pensions often masks scams and advise savers to verify sources, avoid pressure, and seek independent advice before sharing personal information or making decisions. Unexpected contact about a pension should always be treated with caution,…

  • apxadmin
  • August 7, 2026
  • Fintech & Digital Money

India's finance minister dismisses claims of potential UPI charges amid MDR debate

India’s finance minister, Nirmala Sitharaman, has challenged claims that recent changes to payment laws could lead to charges on UPI transactions, emphasising that users will not face fees, as debate over merchant discount rates continues. India’s finance minister, Nirmala Sitharaman,…

  • apxadmin
  • August 7, 2026
  • Fintech & Digital Money

AIB warns of surge in social engineering scams as fraud cases jump 59%

AIB has issued a warning to customers amid a 59% rise in fraud attempts this July, highlighting the increasing use of convincing social engineering tactics by scammers impersonating trusted organisations to steal money and security details. AIB has warned customers…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

SBI surpasses ₹24,000 crore profit mark with robust Q1 growth and improved asset quality

State Bank of India reports a 13.73% rise in consolidated net profit for June quarter, driven by higher income and lower bad loan provisions, as shares react positively. State Bank of India reported a 13.73% rise in consolidated net profit…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

How Thorfortune aims to empower long-term investors in a volatile market

Amid a crowded market of investment platforms, Thorfortune seeks to simplify decision-making and encourage disciplined investing, highlighting the importance of diversification, rebalancing, and cautious exposure to emerging assets like cryptocurrencies and NFTs. In a crowded investing market, platforms that promise…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Experts warn consumers to take care with contactless cards as fraud risks rise

Banking and security specialists advise caution during card transactions, emphasising the importance of verifying sums and safeguarding against skimming threats amidst increasing fraud risks in contactless and chip card payments. Cardholders are being urged to slow down at the till,…

  • apxadmin
  • August 7, 2026
  • Fintech & Digital Money

RBI proposes reforms to empower rural cooperative banks with greater lending flexibility

The Reserve Bank of India has released draft directions to revamp the regulatory framework for rural cooperative banks, aiming to enhance their lending capacity and sector resilience amidst ongoing reforms to boost rural finance and transparency. The Reserve Bank of…

  • apxadmin
  • August 7, 2026
  • Fintech & Digital Money

India's digital lending boom accelerates as fintechs capture majority of personal loans

India’s digital lending market has expanded nearly 13-fold in five years, with fintechs currently leading over 77% of personal loan approvals and the segment expected to account for a fifth of all personal loans by FY2031, signalling a significant shift…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

India’s Supreme Court advances final arguments in online gaming ban challenge

India’s Supreme Court is moving towards a decisive hearing on the constitutionality of the 2025 online gaming ban, a case that has significant implications for the sector amid ongoing regulatory crackdowns and industry concerns. India’s Supreme Court has moved a…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

Credai unveils future-ready vision for India’s property sector with sustainability, digital innovation, and workforce training

At its first general body meeting of 2026-27, Credai outlined a comprehensive strategy expanding beyond construction to include environmental conservation, digital solutions, and skill development, signalling a transformative phase for India’s real estate industry aligned with national and global trends.…

  • apxadmin
  • August 7, 2026
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