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Digital arrest scam dupes 90-year-old Jaipur ex-judge of Rs 2.5 crore in elaborate cyber fraud

A 90-year-old former district judge in Jaipur fell victim to a sophisticated ‘digital arrest’ scam, losing Rs 2.5 crore after being manipulated by fraudsters posing as CBI and RBI officials, exposing the growing threat of cyber extortion in India. A…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Banks' 'Ödeme İste' feature exploited by fraudsters in urgent deposit scams

Cyber fraudsters are manipulating Turkey’s ‘Ödeme İste’ transfer feature to deceive sellers in online vehicle and property sales, prompting urgent security warnings and advice from experts on how to recognise and prevent these scams. Banks’ “Ödeme İste” feature, designed to…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Retirement advice emphasises adaptability and realistic expectations amid rising concerns about outliving savings

A recent essay highlights how retirees stress the importance of flexibility, health, and mindset over purely financial considerations, offering fresh insights into navigating the lifelong adjustment that retirement entails. The appeal of retirement advice is often in its simplicity, but…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Post Office 24-month deposits offer uniform returns, no senior citizen premium

Indian households continue to view Post Office time deposits as a secure savings option, with a fixed 7.0% annual return for two years, offering no higher rate or benefits for senior citizens, contrasting with bank fixed deposits. Post Office time…

  • apxadmin
  • August 13, 2026
  • Economy, Policy and Business

Cyprus prepares to unify direct tax filings on all-new Tax For All platform by 2027

Cyprus’s Tax Department aims to centralise all direct tax filings within the new Tax For All platform by 2027, marking a significant upgrade from the legacy TAXISnet system amidst ongoing digital transformation efforts including AI and automation. Cyprus’s Tax Department…

  • apxadmin
  • August 13, 2026
  • Economy, Policy and Business

Delhi’s fiscal woes deepen as audit highlights stalled spending and rising liabilities

A recent Comptroller and Auditor General of India report exposes weakening fiscal discipline in Delhi, revealing declining growth, stagnant capital expenditure, and mounting liabilities amid concerns over long-term financial sustainability. Delhi’s finances came under fresh scrutiny this week after the…

  • apxadmin
  • August 13, 2026
  • Economy, Policy and Business

Tamil Nadu secures over ₹67,542 crore in investment pledges at first major industrial conclave

Tamil Nadu’s new government launches its economic drive with 97 memoranda of understanding worth more than ₹67,542 crore, aiming to boost industrial growth and create over 1.2 lakh jobs in the state. Tamil Nadu’s new government has opened its investment…

  • apxadmin
  • August 13, 2026
  • Economy, Policy and Business

India’s July inflation edges up but prompts cautious RBI stance on rate hikes

India’s consumer price inflation in July increased marginally to 4.45%, driven mainly by food prices, prompting the Reserve Bank of India to opt for a cautious approach amid ongoing supply and weather challenges, with rate hikes expected to be delayed…

  • apxadmin
  • August 13, 2026
  • Tax, Laws & Money Explained

Cyprus delays full integration of new tax platform to early 2027 amid system upgrades

Cyprus’s Tax Department has postponed the nationwide rollout of its new Tax For All platform until early 2027, citing delays caused by necessary system upgrades and integration challenges. The move marks a significant shift in digital tax management, with a…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Freshers' misunderstanding of credit building risks long-term financial impact

Many students starting university after A-level results remain unaware that paying rent or bills alone does not necessarily help establish a credit history, potentially affecting their future borrowing ability. Students heading into university after A-level results day are being urged…

  • apxadmin
  • August 13, 2026
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