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India’s oil and gas public sector capex declines for first time in five years amid cautious outlook

India’s state-run oil and gas companies have reported their first quarterly fall in capital expenditure in at least five years, raising concerns over energy security and refinery growth, despite ongoing investments in renewables and petrochemicals. India’s state-run oil and gas…

  • apxadmin
  • August 11, 2026
  • Tax, Laws & Money Explained

India’s index options market faces near-term volatility amid new closing auction system

The introduction of India’s new Closing Auction Session (CAS) aims to enhance transparency but is currently disrupting trading patterns and increasing volatility, impacting brokers, investors, and market benchmarks. Bernstein said India’s index options market is likely to remain under pressure…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

New insights into provident and pension funds highlight shifting retirement priorities

Distinct structures of provident and pension funds are influencing how workers plan for retirement, with recent developments emphasising flexibility and long-term security. Provident funds and pension funds both exist to help people build income for retirement, but they do so…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

Indian household savings shift within financial system rather than leaving banks, RBI data shows

Recent Reserve Bank of India data reveals that Indian households are reallocating their savings within the financial system, driven by deposit re-pricing and rising mutual fund investments, rather than abandoning banks altogether. Indian household savings have not fled the banking…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

As peer-to-peer payments accelerate, new security layers aim to keep fraud at bay

While apps like Venmo and Cash App streamline instant transactions, they are deploying increasingly sophisticated security measures to combat evolving fraud tactics, balancing convenience with protection in the fast-moving digital payments landscape. Peer-to-peer payment apps have made splitting dinner bills…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

Social media scams surge to $2.1 billion loss in 2025, FTC warns of evolving threats

The Federal Trade Commission reports a sharp rise in social media-related scams in 2025, with Facebook leading in reported losses. Fraudsters increasingly target users across age groups with shopping, investment, and romance scams, prompting calls for greater online privacy vigilance.…

  • apxadmin
  • August 11, 2026
  • Fintech & Digital Money

Fusion Finance shifts focus to individual loans amid portfolio diversification plans

Fusion Finance aims to expand beyond microfinance by launching unsecured individual loans targeted at higher-income customers, as part of a strategy to balance its lending portfolio and improve asset growth. Fusion Finance is preparing to widen its lending mix beyond…

  • apxadmin
  • August 11, 2026
  • Fintech & Digital Money

Splitit and 1stMILE launch point-of-sale instalment payments for automotive repairs

Splitit and 1stMILE are partnering to introduce flexible payment options at the automotive repair shop counter, enabling customers to spread costs while supporting repair shops’ cash flow amid rising emergency expenses. 1stMILE and Splitit are joining forces to bring point-of-sale…

  • apxadmin
  • August 11, 2026
  • Economy, Policy and Business

India’s new tax regime introduces marginal relief to prevent tax shocks near income thresholds

Taxpayers close to income thresholds under India’s new tax regime can benefit from marginal relief, preventing disproportionate tax increases on small income gains, but precision in calculations and understanding of the rules are essential. Many taxpayers assume that once their…

  • apxadmin
  • August 11, 2026
  • Economy, Policy and Business

India’s Supreme Court paves way for final hearing on online gaming ban amid legal and regulatory upheaval

India’s Supreme Court has agreed to hear a crucial constitutional challenge against the nationwide ban on online real-money games, setting the stage for a decisive legal test of the country’s online gaming regulations amid broader industry setbacks. India’s Supreme Court…

  • apxadmin
  • August 11, 2026
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