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India’s proposal to reintroduce merchant discount rate on UPI may boost smaller payment apps and alter market dynamics

India’s move to potentially bring back merchant discount rates on the Unified Payments Interface could revolutionise competition among smaller payment apps by providing new revenue opportunities, even as industry leaders await final approval. India’s push to bring a merchant discount…

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

India's digital payments ecosystem faces funding debate as new bill allows charges on UPI transactions

India’s recent passage of the Taxation and Other Laws (Amendment) Bill 2026 reignites the debate over who should fund the rapidly growing digital payments infrastructure, with potential implications for the zero merchant discount rate regime and transaction charges on UPI.…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

South Korea retail investors face mounting risks as corporate bond market shifts

Retail investors in South Korea are increasingly being pushed into the riskiest corner of the corporate bond market, as securities firms offload unsold speculative-grade paper amid fears of rising defaults and limited regulatory safeguards. Retail investors in South Korea are…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Firstsource extends growth streak amid AI gains and cautious healthcare outlook

Firstsource Solutions reports ninth consecutive quarter of double-digit revenue growth, driven by strategic AI deployment and strong deal activity, despite healthcare sector challenges and rising net debt. Firstsource Solutions reported its ninth straight quarter of double-digit revenue growth, as the…

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

Bangladesh faces growing trade tensions with India amid anti-dumping disputes and calls for diversification

Bangladesh grapples with its largest trade deficit in South Asia as India escalates anti-dumping cases, prompting Dhaka to seek greater market diversification and strengthened negotiations amid ongoing trade tensions. Bangladesh’s trade relationship with India remains marked by a deep imbalance…

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

India expands its global coffee footprint with high-value branding and new markets in FY2025-26

India’s coffee exports reached over 140 countries in FY2025-26, with significant growth in premium, GI-tagged varieties and new markets such as Djibouti, Micronesia, and Timor-Leste, supported by government initiatives to boost visibility and high-value branding. India said coffee exports reached…

  • apxadmin
  • August 7, 2026
  • Fintech & Digital Money

Affordable AI access could revolutionise daily life, with India leading the charge

As the cost of AI plummets, experts see a future where affordable intelligence becomes a routine service, with India positioned as a potential global leader in pervasive AI adoption and infrastructure-driven innovation. The next phase of artificial intelligence is likely…

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

Bare-bones budgeting offers a quick fix for financial hardship but requires caution

A bare-bones budget strips household expenses down to essentials to help navigate sudden financial shocks. Experts highlight its benefits and limitations, emphasising its role as a temporary survival tool rather than a long-term solution. A bare-bones budget is the financial…

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

Mitti Labs secures $9.5 million to revolutionise climate-smart rice farming across Asia

Mitti Labs raises $9.5 million in Series A funding to expand its innovative water-saving and methane-reducing rice cultivation methods using satellite-based verification and carbon credits, targeting India, Philippines, and Indonesia. Mitti Labs, a climate tech startup founded in 2023, has…

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

Whirlpool of India posts strongest first quarter revenue amid margin pressures and market share gains

Whirlpool of India reports its most lucrative first quarter in history, buoyed by premium product launches and market share expansion, despite facing margin squeeze from global cost pressures and competitive challenges. Whirlpool of India said its first quarter of FY27…

  • apxadmin
  • August 7, 2026
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