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India’s mutual fund industry faces rising unclaimed money as new tracing tool aids investors

India’s mutual fund industry is grappling with an increasing pool of unclaimed investments, reaching ₹3,811 crore, but the launch of SEBI’s MITRA tool aims to help investors recover forgotten funds more easily. India’s mutual fund industry is sitting on a…

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

Odisha advances semiconductor and renewable energy policies with significant incentives and infrastructure projects

The Odisha government has announced major reforms and investments in semiconductor manufacturing and renewable energy, including financial incentives, large-scale irrigation projects, and social welfare schemes, aiming to boost industrial growth and social development. The Odisha government has widened its push…

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

India’s EPFO accelerates digital reforms amid pending UPI and ATM withdrawal features

India’s Employees’ Provident Fund Organisation is advancing a major digital overhaul to streamline claiming processes and enhance transparency, though key features such as UPI- and ATM-linked withdrawals remain pending launch as of April 2026. India’s Employees’ Provident Fund Organisation is…

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

Cyprus police investigate online fraud after woman loses €10,000 in fake loan scam

Authorities in Nicosia are probing a new online scam where a woman was duped out of €10,000 after responding to a fake loan advert on social media, highlighting escalating cybercrime tactics in Cyprus. Police in Nicosia are investigating a new…

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

L&T Finance leverages Jasprit Bumrah in new campaign to promote gold loans as practical capital source

L&T Finance has launched a new gold loan campaign featuring Jasprit Bumrah, aiming to promote gold as a viable source of funding for households, traders, and farmers through targeted advertising and strategic sponsorship during the India versus Sri Lanka Test…

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

Balancing fun and discipline: how intentional spending plans can enhance financial security

A growing emphasis on flexible budgeting encourages indulgence alongside savings, demonstrating that enjoying life’s moments can coexist with securing your future. The draw of the Wisconsin State Fair is not just the spectacle or the music. For Jacob Martin, it…

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

FCC warns of rising gold courier scams and sophisticated impersonation tactics

The Federal Communications Commission alerts consumers to a surge in fake calls, texts, and the increasingly damaging gold courier schemes, urging vigilance against impersonation attempts that target vulnerable populations. The Federal Communications Commission has warned that scammers are increasingly posing…

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

Survey reveals borrowers often miss out on significant savings by not comparing personal loan offers

A new Experian survey indicates that one in six borrowers neglect to compare multiple loan offers, potentially losing hundreds of pounds due to small differences in APR over the loan term. Experts advise careful comparison to maximise savings and manage…

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

Government reduces provident fund returns for 2025-26, affecting savings growth

The federal government has cut the General Provident Fund’s interest rate to 12.05% for 2025-26, marking a decline from the previous year’s 12.46%, impacting government employees’ savings amidst regional adjustments. The federal government has reduced the return on the General…

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

Jiraaf refocuses on fixed-income investments to offer retail access to diverse bond products

Jiraaf transitions from a broad alternative-investment platform to specialise in regulated fixed-income securities, providing retail investors with access to corporate bonds, government securities, and securitised debt amidst evolving Indian investment landscapes. Jiraaf has shifted sharply from its earlier identity as…

  • apxadmin
  • August 13, 2026
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