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India’s RBI considers restricting access to financed devices for overdue small loans

The Reserve Bank of India is drafting rules that could allow lenders to disable functions on smartphones and tablets only for loans overdue by 60 to 90 days, marking a significant shift in enforcement practices and borrower protections in digital…

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

Indian savings account rates diverge further in 2026 amid competitive shifts

As India’s savings account rates recalibrate in 2026, the disparity between public and private banks grows, prompting savers to reassess where they park their cash amidst varying yields and tiered structures. Savings account rates in India are moving again in…

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

July PMI signals rebounding global economic momentum amid persistent cost pressures

The latest Purchasing Managers’ Index data for July indicates a solid recovery in business activity across major economies, though continued cost pressures raise questions about sustainability of growth, making PMI insights crucial for investors strategising ahead of harder data. For…

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

New insights emphasize simplicity and clear purpose in small portfolio diversification

Experts highlight that effective diversification for small portfolios prioritises simplicity, clear asset roles, and understanding over sheer number of holdings, with recent guidance stressing ease of management and disciplined rebalancing. Diversification is often misunderstood as simply buying more investments, but…

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

Thor Fortune adapts to market uncertainties with a disciplined multi-asset approach in 2023

Thor Fortune is prioritising diversification and active management to navigate a volatile market landscape, with a cautious but adaptable strategy designed to balance risk and reward amid macroeconomic uncertainties. Thor Fortune is presented as a vehicle for navigating a market…

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

India’s simplified presumptive taxation scheme faces new eligibility conditions for small businesses in AY 2026-27

Section 44AD, a key provision for small Indian entrepreneurs, sees adjustments in eligibility and compliance requirements for the assessment year 2026-27, affecting how small businesses report taxable income under the Income-tax Act 1961. Section 44AD remains one of the simplest…

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

India’s UPI funding debate sparks geopolitical and domestic tensions over digital payments sustainability

As India considers reintroducing merchant fees on its flagship UPI system, the move risks stirring domestic political and international trade tensions, with implications for the future of its digital infrastructure and US-India economic relations. India’s debate over whether to reintroduce…

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

Kolkata consumer brands focus on operational discipline and customer insight to scale in India’s competitive D2C market

Kolkata’s D2CX Converge highlights the importance of operational systems and customer understanding for emerging Indian consumer brands aiming for growth amid intense competition and a expanding market. Kolkata’s consumer brand community gathered this week for a practical look at what…

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

India Simplifies TDS rules on commissions with new Income Tax Act, 2025

India’s upcoming Income Tax Act, 2025, streamlines the withholding tax framework on commission payments from April 2026, introducing new thresholds and simplifications aimed at modernising the country’s tax compliance landscape. India’s new Income Tax Act, 2025, which takes effect from…

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

India accelerates compressed biogas push with ₹23,731 crore GOBARdhan scheme to boost bioenergy targets

India’s government has approved a ₹23,731 crore package to fast-track the production of compressed biogas under the GOBARdhan programme, aiming to strengthen bioenergy, improve waste management, and meet ambitious renewable energy goals amid slow sector growth. India’s Cabinet has approved…

  • apxadmin
  • August 7, 2026
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