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Money Crux
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Prioritising financial foundations helps engaged couples host smarter weddings

Expert advice urges engaged couples to review their finances fully before planning their wedding, emphasising the importance of savings, transparency, and shared financial goals to ensure a stress-free celebration and a strong financial start in marriage. For many engaged couples,…

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

PM Vidyalaxmi scheme transforms education financing with collateral-free, digital loans

The Centre’s newly launched PM Vidyalaxmi scheme offers merit-based students from weaker families a fully digital, collateral-free pathway for education loans, with layered financial support based on family income, as admissions for NEET UG and other courses progress. With NEET…

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

Retirement readiness hinges on income projections and savings strategies, not just account size

Experts warn that traditional markers like account balance can be misleading; emphasising income needs, consistent contributions, and realistic expense assumptions are key to ensuring a secure retirement. Many people assume they are on track for retirement because they contribute to…

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

Lok Sabha moves to authorise banks to charge for UPI transactions amid official denials

The Lok Sabha has approved a bill allowing banks to levy fees on UPI transactions, contrasting with official claims that the system will remain free, raising questions about future pricing and regulation. A report by TeluguPost said the Lok Sabha…

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

New guidance for first-time mutual fund investors emphasises purpose, time horizon and risk tolerance

Experts advise beginners to prioritise their financial goals, investment duration, and risk comfort over recent fund performance when choosing mutual funds, signalling a shift towards more disciplined investment decisions. For first-time mutual fund investors, chasing last year’s best returns is…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India pushes for stronger hardware and deep-tech resilience amid AI-driven software disruptions

India faces a critical need to bolster its hardware and deep-tech infrastructure as artificial intelligence reshapes the software landscape, with government and industry initiatives aiming to bridge the gap between academia and industry and foster domestic innovation. India needs to…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India considers reintroducing merchant discount rate charges on UPI, signalling a shift in digital payment policy

The Indian government’s move to potentially reintroduce merchant discount rate charges on UPI could reshape the country’s digital payments landscape, sparking a pivotal policy debate after recent legislative approval. India’s debate over whether to bring back merchant discount rate charges…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

EKA Mobility appoints veteran industry expert to boost electric commercial vehicle push in India

EKA Mobility has appointed Prashant Kumar Banerjee as group head of government and corporate affairs, signalling a strategic move to strengthen its influence and expand its electric commercial vehicle footprint amid rapid growth and ambitious capacity plans in India. EKA…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India’s startup ecosystem accelerates with largest pre-IPO funding and multimillion-dollar IPO filings on August 6, 2026

On 6 August 2026, India saw a surge in startup funding and IPO activities, led by Leap India’s ₹371.3 crore pre-IPO placement, signalling robust growth in private equity, deeptech, and AI sectors amidst a strong capital markets pipeline. Nine funding…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Indian rupee’s recent resilience relies on delicate global factors and risks

Analysts highlight the rupee’s support from falling crude oil prices and foreign investment flows, but caution that external shocks and oil rally risks threaten its recent gains amidst a fragile balance of global economic forces. OCBC Bank analysts say the…

  • apxadmin
  • August 6, 2026
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