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India passes sweeping tax reforms amid opposition protests and global investor reassurance efforts

India’s lower house has approved a comprehensive amendments bill aimed at simplifying offshore investment rules and extending sector-specific tax incentives, signalling a strategic move to boost investor confidence despite opposition protests. India’s lower house on Thursday passed the Taxation and…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Trent’s rapid retail expansion fuels 22% profit rise amidst market volatility

Trent, Tata Group’s retail arm, reports a 22% increase in net profit for the June quarter, driven by aggressive growth of Westside and Zudio, as the company adapts to shifting consumer preferences and expands its footprint internationally. Trent, the Tata…

  • apxadmin
  • August 6, 2026
  • Fintech & Digital Money

RBI plans to introduce durable polymer banknotes in India from next fiscal year

The Reserve Bank of India aims to roll out long-lasting polymer banknotes starting next financial year, signalling a significant shift in India’s currency management and durability practices, with trial runs underway for ₹10 and ₹20 denominations. Reserve Bank of India…

  • apxadmin
  • August 6, 2026
  • Fintech & Digital Money

India's UPI faces critical test as government considers introducing merchant fees

India’s influential UPI system, which handles nearly half of the world’s real-time transactions, faces a pivotal shift as New Delhi debates levying merchant charges to sustain its rapid growth and infrastructure costs. India’s Unified Payments Interface, or UPI, has become…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

Singapore scams surge as impostor iMessage schemes exploit courier messages and steal over $1.2 million

Singapore police warn of a rapid increase in phishing scams exploiting Apple’s iMessage, with fraudsters impersonating courier companies to steal more than $1.2 million across 251 cases since June, urging users to remain vigilant against sophisticated fake links and impersonation…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

US ZIP code directories evolve into essential data tools for businesses and developers

A practical yet often overlooked aspect of online search, ZIP code lookup tools have transformed from simple mailing references into comprehensive resources supporting geolocation, analytics, and address verification for a broad audience. A page on SCNow is drawing attention to…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

India's life insurers see resilient May growth amid shifting market dynamics

India’s life insurance sector experienced a notable rise in new business premiums in May 2026, signalling sustained demand despite industry volatility and regulatory changes, with digital channels and product innovation shaping future growth. India’s life insurers reported a sharp rise…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India’s next innovation leap hinges on private sector’s R&D commitment

India’s ambition to become a developed economy relies on fostering indigenous innovation through increased private sector R&D investment, overcoming a long-standing funding gap that hampers technological leadership and economic growth. India’s ambition to become a developed economy will depend less…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Limited merchant fee on UPI transactions could shift digital payment dynamics in India

A proposed merchant fee on UPI transactions will impact only a small segment of the market, potentially prompting shifts in the use of digital payment methods as the government balances growth and system economics. A new merchant fee on Unified…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India and South Africa accelerate talks to revive SACU trade pact with focus on critical minerals and pharmaceuticals

India and South Africa are moving to fast-track discussions on a long-delayed trade agreement with a focus on critical minerals, pharmaceuticals, and manufacturing, signalling a broader strategic economic partnership amid BRICS chairmanship. India and South Africa have moved to revive…

  • apxadmin
  • August 6, 2026
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