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India considers reintroducing merchant discount rates on high-value UPI transactions, sparking industry debate

The Indian government’s move to potentially reintroduce merchant discount rates on certain high-value UPI payments faces criticism from industry stakeholders, who fear increased costs for small businesses and disruption to digital payment growth. A possible move by India to reintroduce…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

LG Innotek poised to join MSCI Korea Index amid last-minute market rebound

As the August MSCI Korea Index review approaches, LG Innotek emerges as a frontrunner for inclusion, reflecting a market recovery and potential for significant passive inflows, despite conflicting predictions on index adjustments. As the August MSCI Korea Index review approaches,…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Three-account method gains popularity as a practical budgeting tool for families

The three-account system, which allocates funds for essentials, savings, and discretionary spending, offers a straightforward way to improve household financial discipline and reduce stress, with experts endorsing its adaptable approach amid changing budgets. The appeal of the three-account method is…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Warning signs that debt is spiralling out of control

Experts warn that slipping into paycheck-to-paycheck living, reliance on credit cards, and borrowing to cover existing debts are key indicators that household debt may be becoming unmanageable, risking long-term financial stability. Debt can be a useful tool when it helps…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Asian markets remain cautious ahead of key US inflation data as global assets fluctuate

Asian stocks show mixed performances amid investor caution ahead of upcoming US inflation figures, while European and US markets edge lower and commodities fluctuate. Asian markets ended mixed on Thursday, with traders watching for the next US inflation reading that…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Watch out for the risks and costs of home equity lines of credit

While HELOCs offer flexible borrowing using your home’s equity, understanding the potential risks, costs, and repayment challenges is crucial before tapping into this financial tool. A home equity line of credit can look like an easy way to tap the…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

BBB warns of rising QR code scams targeting pay points and parcels

The Better Business Bureau alerts consumers to a surge in counterfeit QR codes placed over legitimate ones, posing significant risks at parking meters, transport, and parcels, urging caution and verification. The Better Business Bureau is warning consumers to look twice…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

GuideStone warns of rising Phantom Hacker scam targeting older Americans amid surging cyber fraud figures

GuideStone Financial Resources issues urgent warning as FBI reports billions lost to evolving cyber scams, with older adults disproportionately affected by the growing threat of ‘Phantom Hacker’ schemes leveraging AI and impersonation tactics. GuideStone Financial Resources is warning its members…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

India’s growth model hinges on empowering states and bridging regional gaps, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman emphasises the importance of state empowerment, funding, and capacity-building to achieve India’s vision of Viksit Bharat by 2047, highlighting the need to include underdeveloped regions and modernise the socioeconomic fabric. Nirmala Sitharaman has used a lecture…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

Solinas Integrity secures $5.5 million to accelerate water infrastructure innovation internationally

IIT Madras-incubated startup Solinas Integrity raises $5.5 million in Series A1 funding to expand its robotics-driven solutions for water infrastructure inspection and maintenance across India, the Middle East, and Southeast Asia. Solinas Integrity, an IIT Madras-incubated robotics and climate technology…

  • apxadmin
  • August 7, 2026
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