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India's government considers reintroducing MDR on high-value UPI transactions to balance system sustainability

India’s government is exploring the possibility of reintroducing merchant discount rates on larger UPI transactions, aiming to address the financial strain on payment providers while maintaining free-to-use small transactions for consumers. India’s government is once again weighing a return of…

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

Introducing 'thorfortune': a holistic and flexible approach to building long-term financial security

A comprehensive strategy that combines saving, investing, tax awareness, protection, and regular review is reshaping how households are securing their financial futures, with ‘thorfortune’ leading the way. Long-term financial security is less about chasing the highest return and more about…

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

Thorfortune urges families to embrace long-term financial stability through integrated planning and discipline

The concept of ‘Thorfortune’ redefines wealth preservation as a multi-generational project, emphasising clarity, diversification, and communication to build resilient family finances that withstand real-life challenges. Keeping family wealth intact is less about chasing the highest return and more about building…

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

Smart strategies for paying off your mortgage early without risking financial flexibility

Deciding whether to pay off a mortgage early involves balancing interest savings with financial stability, investment opportunities, and personal circumstances, experts advise. Paying off a mortgage ahead of schedule can be a powerful way to cut interest costs and shrink…

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

EastWest Bank introduces Horizons to cater to growing wealth needs of Filipino professionals

EastWest Horizons, a new programme by EastWest Bank, offers personalised banking services and lifestyle rewards for emerging affluent clients in the Philippines, signalling a shift towards customised financial solutions amid increasing wealth complexity. For many ambitious women, the hardest part…

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

Karnataka’s water release begins to ease Cauvery drought amid regulatory crackdown and food label disputes

Water from Karnataka’s Kabini reservoir starts flowing into Tamil Nadu’s Cauvery basin, easing drought stress. Meanwhile, the Supreme Court extends vehicle insurance mandates amid a food safety crackdown on Dabur India’s misleading labels, reflecting evolving regulatory priorities. Water released from…

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

India’s government quietly completes despites LIC stake sale to meet regulatory deadlines

India’s government swiftly executed a discreet sale of a 6.5% stake in LIC, raising ₹31,500 crore and enhancing market confidence through strategic timing and silence, while securing regulatory compliance ahead of schedule. India’s government has pulled off an unusually discreet…

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

Rebranding critical illness insurance as insured medical conditions to better reflect its coverage

Critical illness insurance has evolved far beyond its original scope but retains a misleading name. Experts argue that renaming it ‘insured medical conditions’ could improve consumer understanding and competition among insurers, reflecting the product’s true purpose of providing financial buffer…

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

India’s property buyers face new hurdles in verifying ownership amid rising legal complexities

With the increasing intricacies of property paperwork in India, buyers are urged to undertake thorough legal checks to avoid disputes, hidden liabilities, and future legal challenges, highlighting a shift towards more meticulous due diligence. Buying a home, a flat or…

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

Kyrgyzstan’s National Bank warns of sophisticated WhatsApp scam targeting individuals' assets

The National Bank of Kyrgyzstan has issued a warning about a layered WhatsApp scam that manipulates victims into revealing sensitive information and transferring money, using fake documents and impersonation tactics to appear official. The National Bank of the Kyrgyz Republic…

  • apxadmin
  • August 6, 2026
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