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Men’s health awareness drives demand for simpler protection products amid rising cancer diagnoses

Phil Jeynes highlights the growing need for transparent insurance options as middle-aged men face increasing health uncertainties, with cancer rates plateauing and cultural shifts encouraging open discussions about health issues. Phil Jeynes says his conversations with friends and colleagues over…

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

Fixed deposit-backed credit cards offer new access route for first-time borrowers

A new type of credit card linked to fixed deposits provides an alternative pathway for individuals with limited or no credit history to build credit, offering comparable usability to traditional unsecured cards while serving as a more accessible option for…

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

AI-driven scams become more convincing, posing new challenges for fraud detection

Cybersecurity experts warn that AI is enabling increasingly sophisticated scams, from fake investment networks to deepfake videos, making traditional warnings less effective and highlighting the need for enhanced verification methods. Artificial intelligence is making scams harder to spot because it…

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

Content creators find new pathways to mortgage approval with flexible income assessments

Content creators earning from platforms like YouTube and TikTok are increasingly able to secure mortgages, thanks to lenders focusing on income stability and documentation rather than occupation, opening up new opportunities in the property market. Content creators are increasingly finding…

  • apxadmin
  • August 7, 2026
  • Tax, Laws & Money Explained

Delhi tribunal rules that tax appellate authorities cannot legally introduce new sources of income during assessment review

The Delhi bench of the Income Tax Appellate Tribunal clarifies that appellate enhancement powers are limited to items already examined in the assessment, reinforcing legal boundaries against introducing entirely new income sources, especially in accommodation entry cases. The Delhi bench…

  • apxadmin
  • August 7, 2026
  • Tax, Laws & Money Explained

Mumbai tribunal's ruling narrows scope of Section 270A penalties for genuine tax positions

A Mumbai tax tribunal has clarified that penalties under Section 270A of India’s Income-tax Act are not applicable where there is no real tax effect or genuine under-reporting, potentially impacting a broad range of taxpayers including charitable trusts. A Mumbai…

  • apxadmin
  • August 7, 2026
  • Tax, Laws & Money Explained

SBI Mutual Fund introduces innovative long short fund to diversify India’s SIF platform

SBI Mutual Fund launches its second strategy under the SIF platform, targeting opportunities in mid and small-cap equities with a flexible long-short approach, marking a significant expansion in India’s specialised investment landscape. SBI Mutual Fund has launched its second strategy…

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

RBI introduces stricter loan recovery rules to combat harassment and safeguard borrowers

India’s Reserve Bank tightens regulatory framework for loan recovery, limiting contact hours, banning harassment, and regulating device locking from January 2027, aiming to protect borrowers while modernising practices. India’s central bank has set out a tougher framework for loan recovery,…

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

RBI’s proposed restrictions on revolving credit could transform NBFC lending landscape

The Reserve Bank of India’s draft rules to ban revolving credit by non-banking financial companies may lead to significant product redesigns, affecting corporate, MSME, and personal lending sectors, according to Morgan Stanley. The Reserve Bank of India’s proposed restrictions on…

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

India clarifies FCRA rules amid concerns over civil society and religious freedom

India’s Foreign Contribution (Regulation) Act faces renewed scrutiny as the government seeks to position the law as a regulatory measure rather than a tool for restricting religious activities or foreign funding, amidst ongoing debates over civic space and religious independence.…

  • apxadmin
  • August 7, 2026
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