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Card91 unveils five-step framework for secure and transparent UPI-linked credit lending amid RBI regulations

Card91 introduces a five-point framework to help banks manage credit lines on India’s UPI network, ensuring compliance with RBI rules and fostering customer trust as UPI expands into a broader credit channel. CARD91 has introduced a five-point framework it says…

  • apxadmin
  • August 26, 2026
  • Personal Finance & Wealth

India’s senior living sector accelerates towards a ₹1 lakh crore milestone amid rising demand and innovation

With ageing demographics, urbanisation, and evolving family structures, India’s senior living industry is transitioning from niche to mainstream, driven by new housing models, technological advances, and a growing ‘silver economy’. India’s senior living sector is moving from niche idea to…

  • apxadmin
  • August 26, 2026
  • Tax, Laws & Money Explained

Getting the details right is key when buying term insurance, beyond just quotes

Navigating the complexities of term insurance requires careful consideration of coverage needs, policy duration, documentation, and avoiding common pitfalls, as experts emphasise a thorough, informed approach. Buying term insurance is usually less about the decision itself than about getting the…

  • apxadmin
  • August 26, 2026
  • Tax, Laws & Money Explained

Indian businesses must monitor cash transaction ratios ahead of 2026 audit rules

Businesses and professionals in India need to closely scrutinise both turnover and the nature of transactions as new audit obligations come into force in 2026, with thresholds adjusted based on cash dealings. Indian businesses and professionals facing audit obligations in…

  • apxadmin
  • August 26, 2026
  • Fintech & Digital Money

India considers return of callback option for 1600-series banking numbers to combat scam calls

India’s telecom regulator TRAI is evaluating the possibility of reinstating the ability for users to ring back 1600-series numbers used by banks and financial firms, aiming to improve verification and reduce fraud amid ongoing regulatory debates and technical challenges. India’s…

  • apxadmin
  • August 26, 2026
  • Markets & Investing

Indian shares see mixed close as banking sector supports markets amid global cues and IPO activity surge

Indian shares closed mixed on Wednesday as a weaker end to the session contrasted with banking sector gains, amid global oil and metals price movements and a busy primary market with several IPOs in focus. Indian shares ended mixed on…

  • apxadmin
  • August 26, 2026
  • Economy, Policy and Business

Air India seeks $1.5 billion in fresh equity as losses deepen and transformation stalls

Air India has requested approximately $1.5 billion in new funding from its owners amid mounting losses, supply chain issues, and geopolitical disruptions, signalling the challenges in its ongoing overhaul. Air India is seeking about $1.5 billion in fresh equity from…

  • apxadmin
  • August 26, 2026
  • Personal Finance & Wealth

India's increasing war on cyber fraud reveals new challenges of tracing layered mule accounts

India’s efforts to combat digital payment fraud have ramped up, with millions of suspicious accounts flagged and billions in transactions blocked, yet the complexity of multilayered mule networks continues to hinder full recovery of stolen funds. By the end of…

  • apxadmin
  • August 26, 2026
  • Tax, Laws & Money Explained

India's Senior Citizen Savings Scheme offers steady 8.2% income with stable returns amid retirement planning shifts

The Indian government-backed Senior Citizen Savings Scheme continues to provide retirees with an attractive 8.2% annual fixed income, offering a reliable alternative for predictable retirement cash flow despite tax considerations and maximum deposit limits. For retirees looking for a steady…

  • apxadmin
  • August 26, 2026
  • Tax, Laws & Money Explained

PPFAS GIFT City reduces minimum investment threshold to widen overseas US stock exposure

PPFAS GIFT City has significantly lowered the entry point for its passive funds, making overseas US stock access easier for Indian retail investors, though with new tax and compliance considerations. PPFAS GIFT City has sharply lowered the entry point for…

  • apxadmin
  • August 26, 2026
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