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Libyan Social Security urges pensioners to adhere to annual declaration deadlines to avoid suspension

The Jufra branch of Libya’s Social Security Fund has issued a reminder for pensioners to complete their yearly declarations on time, highlighting the importance for ongoing payments and administrative compliance amid tightened oversight. The Social Security Fund’s Jufra branch has…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

NRIs face new considerations in choosing between NRE and FCNR(B) deposits amid currency risks

Non-resident Indians must weigh currency risk alongside interest rates when choosing between NRE and FCNR(B) deposits, with recent relaxations and market shifts influencing optimal strategies. For non-resident Indians weighing where to park savings, the choice between non-resident external fixed deposits…

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

India’s rising foreign visit costs coincide with record foreign investment, sparking questions over diplomatic spending efficiency

Despite escalating expenses on Prime Minister Narendra Modi’s overseas trips, India has seen a surge in foreign direct investment, prompting debate over the strategic value of diplomatic expenditures amid increasing costs from 2021 to 2025. India’s overseas diplomacy has become…

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

Trust Mutual Fund’s shift towards small and mid-cap stocks signals a new phase for Indian equities

Mihir Vora of Trust Mutual Fund highlights a growing preference for domestic growth sectors and smaller companies amid improving liquidity and evolving sector leadership in India. Mihir Vora, chief investment officer at Trust Mutual Fund, said the firm’s push past…

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

India’s cooperative sector faces constitutional challenge amid ongoing reforms and judicial rulings

The insertion of Article 43B and subsequent legal developments have reshaped India’s cooperative sector, balancing constitutional aspirations with judicial limitations and ongoing reforms. Article 43B is the Constitution’s newest Directive Principle, inserted by the 97th Constitutional Amendment to place co-operative…

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

Consint.AI secures ₹22 crore to expand internationally and develop AI for fraud detection in regulated industries

Noida-based Consint.AI raises ₹22 crore in Series A funding to accelerate global expansion and innovate AI tools for risk management across healthcare, insurance, and finance sectors. Consint.AI has raised ₹22 crore in a Series A round as it looks to…

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

India aims to become a global air cargo hub at the 7th ACFI World Conclave 2026

India’s air cargo sector gears up for strategic discussions at the 7th ACFI World Conclave 2026 in New Delhi, focusing on digital innovation, resilient infrastructure, and global trade expansion. India’s air cargo sector is set to take centre stage in…

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

RBI governor clarifies no plan to impose charges on UPI transactions amid legislative debate

Reserve Bank of India Governor Sanjay Malhotra has reassured that no charges are imminent on UPI transactions, amid ongoing legislative discussions that could introduce merchant discount rates for payments above ₹2,000. Reserve Bank of India Governor Sanjay Malhotra has sought…

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

India’s luxury fashion market set to surpass $15 billion by 2034 amid shifting consumer landscape

India’s luxury fashion industry is projected to expand significantly over the next decade, driven by rising household wealth, increased wedding spending, and entry of international brands, despite infrastructural challenges. India’s luxury fashion market is on track for steady expansion over…

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

India’s stock market gains momentum on falling oil prices and resilient earnings

India’s equity market is entering a more positive phase driven by softer oil prices, easing geopolitical tensions, increased foreign investment, and stronger-than-expected corporate earnings, signalling a possible upward trajectory amid macroeconomic stability. India’s equity market appears to be entering a…

  • apxadmin
  • August 6, 2026
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