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Most real estate projects in Kolkata expected to secure clearance ahead of August deadline after review

Nearly 60% of 600 real estate projects under review in Kolkata are on track to receive approval shortly, following a thorough scrutiny prompted by safety concerns, with the remainder expected to clear before the August 15 deadline, according to CREDAI…

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

Coal India diversifies into iron ore as India ramps up steel capacity and clean energy efforts

India’s largest coal producer is entering iron ore mining to support the nation’s expanding steel sector and transition to cleaner energy, signalling a significant shift in its strategic direction amid broader mineral and energy diversification plans. Coal India is moving…

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

India pushes for faster adoption of risk-based capital and GST reform to boost insurance penetration

India’s parliamentary watchdog urges IRDAI to accelerate risk-based capital adoption and review tax policies to make insurance more accessible and secure public sector insurer reforms. India’s parliamentary watchdog for public enterprises has urged the Insurance Regulatory and Development Authority of…

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

Rupee weakens further as US dollar and Treasury yields drive pressure

The Indian rupee declined by 6 paise against the US dollar amid a strengthening dollar, rising US Treasury yields, and geopolitical tensions, with oil prices and domestic markets influencing sentiment. The rupee slipped 6 paise to 95.28 against the US…

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

India’s footwear sector eyes export boost through innovation and government incentives at 10th India International Footwear Fair

Union Minister Giriraj Singh has called on India’s footwear manufacturers to leverage government support schemes and focus on innovation, design and quality to expand India’s share in the global market during the 10th India International Footwear Fair. Union Minister Giriraj…

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

Attention to insurance details can save second-hand car buyers future claims headaches

Buying a second-hand car involves more than just inspecting the vehicle; understanding the insurance transfer process, claims history, and policy options is vital for buyers to secure their investments and avoid potential pitfalls. Buying a second-hand car is not just…

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

How to handle losing a bank card abroad and avoid a financial disaster

Losing a bank card overseas can quickly turn a holiday into a financial headache. Experts recommend immediate actions such as card locking, checking for suspicious activity, and considering digital wallets to minimise disruption and protect finances. Losing a bank card…

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

Cbus reforms death benefit nominations to speed payouts and simplify claims process

Cbus will introduce new death benefit nomination rules from October 16, ending renewal requirements for binding nominations and abolishing non-binding options, aiming to accelerate payouts and ease grieving families’ burdens. Cbus will introduce new death benefit nomination rules from October…

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

RBI intervenes once again to support rupee amid external pressures and rising oil prices

The Reserve Bank of India has intensified dollar sales to stabilise the rupee, facing challenges from high oil prices, weak capital flows, and tariffs on exports, with reserves at nearly $700 billion providing room for continued intervention. The Reserve Bank…

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

Supreme Court pushes India to tighten insurance compliance through automatic vehicle recognition

Amid rising concerns over uninsured vehicles, India’s Supreme Court calls for a crackdown on compliance through innovative use of technology, highlighting the importance of understanding different types of motor insurance policies. For drivers in India, the difference between third-party, first-party…

  • apxadmin
  • August 7, 2026
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