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New insights suggest family needs and inflation are key to optimal term life insurance coverage

Experts recommend a personalised approach to calculating term life insurance, emphasising family obligations, future expenses, and regular reviews to ensure adequate protection in a changing economic landscape. A simple rule of thumb can help people make a first pass at…

  • apxadmin
  • August 22, 2026
  • Markets & Investing

Welspun's record order book boosts visibility amid steady growth, APL Apollo targets higher ROCE

Welspun Corp boasts a record order book and long-term export demand, offering stronger visibility for investors, while APL Apollo focuses on capital efficiency and domestic expansion, with potential for higher returns. Welspun Corp and APL Apollo Tubes have both delivered…

  • apxadmin
  • August 22, 2026
  • Tax, Laws & Money Explained

Indian PPF accounts face automatic closure and lower interest rates on citizenship renunciation

Rules change sharply for Indian savers who give up Indian citizenship, with accounts deemed closed retroactively and interest rates falling from PPF to Post Office Savings Account levels, impacting long-term investors’ benefits. An Indian saver who later becomes a non-resident…

  • apxadmin
  • August 22, 2026
  • Personal Finance & Wealth

India's expanding fertility treatment market faces slow movement on insurance coverage

As India’s assisted reproductive technology sector grows rapidly due to changing family patterns and increased awareness, insurance coverage for fertility treatments remains limited, leaving many patients to bear high costs alone, with potential for future policy shifts on the horizon.…

  • apxadmin
  • August 22, 2026
  • Economy, Policy and Business

India’s nuclear power sector accelerates shift to domestically designed reactors amid easing approval hurdles

India’s leading power companies are favouring indigenous nuclear reactor designs to speed up project timelines and reduce costs, marking a significant shift in the country’s nuclear strategy as private sector participation increases. India’s biggest power groups are turning to home-grown…

  • apxadmin
  • August 22, 2026
  • Tax, Laws & Money Explained

Tribunal rules section 50C addition invalid when valuation dispute not properly referred to DVO

The Lucknow bench of the Income Tax Appellate Tribunal has emphasised procedural compliance, ruling that a capital-gains addition under section 50C cannot be upheld where the department failed to properly refer valuation disputes to the Departmental Valuation Officer within the…

  • apxadmin
  • August 22, 2026
  • Economy, Policy and Business

India’s IT sector braces for AI-driven growth turnaround by 2030, despite near-term headwinds

Despite macroeconomic challenges and cautious client spending, industry analysts predict AI growth will eventually propel India’s IT services sector into a mid- to high-single-digit revenue rise by FY31, with generative AI expected to double its market share by 2029. Artificial…

  • apxadmin
  • August 22, 2026
  • Personal Finance & Wealth

Cybercriminals exploit fake delivery texts to trick victims into revealing personal data

Cyber security experts warn that seemingly harmless texts promising parcel deliveries are a sophisticated scam used to steal personal details and financial information, urging caution and verification through official channels. A text message promising delivery of a missed parcel can…

  • apxadmin
  • August 22, 2026
  • Markets & Investing

India’s recent IPO momentum defies broader market fatigue ahead of NSE listing

Despite a sluggish Nifty 50 and a weakening rupee, India’s recent share offerings are thriving, highlighting strong investor interest and a record-breaking year for listings amid cautious market conditions. India’s new share sales are drawing a level of enthusiasm that…

  • apxadmin
  • August 22, 2026
  • Tax, Laws & Money Explained

India’s EPFO launches 2026 enrolment drive to close social security gaps with low penalties

The Employees’ Provident Fund Organisation (EPFO) has initiated a nationwide campaign till October 31, encouraging employers to enrol eligible workers outside the formal social security system, offering a one-time opportunity to regularise past omissions with minimal penalties. The Employees’ Provident…

  • apxadmin
  • August 22, 2026
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