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Cathay Life emphasises targeted protection strategies for fathers ahead of Father’s Day

Cathay Life Insurance highlights the importance of customised insurance plans for fathers at different life stages, urging families to review their cover in time for Father’s Day, with a focus on income protection, cancer, and age-related care. With Father’s Day…

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

JCB and Trend Micro expand AI-powered fraud detection within MyJCB app amid rising phishing threats

JCB and Trend Micro have made their generative AI-powered fraud screening tool permanently available in the MyJCB app, aiming to combat the surge in phishing and card fraud in Japan with enhanced real-time detection features. JCB and Trend Micro have…

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

Jammu and Kashmir Bank expands insurance reach through SBI Life partnership

Jammu and Kashmir Bank has partnered with SBI Life Insurance to distribute a wider range of life and health insurance products across its extensive branch network, enhancing financial inclusion in the region. Jammu and Kashmir Bank has broadened its insurance…

  • apxadmin
  • August 7, 2026
  • Tax, Laws & Money Explained

RBI’s revised classification tightens grip on India’s largest NBFCs amidst new infrastructure and pharma developments

India’s regulators and companies respond to RBI’s move to categorize large NBFCs under stricter supervision, while RailTel and others secure significant infrastructure and defence orders amid corporate developments. Indian regulators and listed companies set the tone for Thursday’s trading after…

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

Investigation raises questions over links between Indian deep-tech fund beneficiaries and selection committee members

A probe reveals that most private companies receiving early loans from India’s Rs 1 lakh crore deep-tech fund have ties to committee members, prompting calls for greater transparency in government-backed innovation schemes. An investigation by The Indian Express has found…

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

Paycheck budgeting transforms financial planning for irregular incomes

A growing number of households are adopting paycheck-based budgeting to better manage income and expenses, offering a practical approach to reducing financial stress and building savings, especially for those living paycheck to paycheck. Budgeting by paycheck is gaining attention because…

  • apxadmin
  • August 7, 2026
  • Tax, Laws & Money Explained

HDFC and ICICI Bank boost FCNR(B) deposit rates to 6.25% amid RBI support measure

HDFC Bank and ICICI Bank have increased interest rates on foreign currency non-resident bank deposits to up to 6.25%, taking advantage of a Reserve Bank of India support measure designed to attract foreign investments and lower hedging costs. HDFC Bank…

  • apxadmin
  • August 7, 2026
  • Tax, Laws & Money Explained

Kerala consumer commission orders refund in case of disguised insurance selling and unfair deductions

A Kerala consumer panel has highlighted issues of misleading marketing practices and unauthorised deductions by insurance agents, prompting a reinvigorated call for transparency and protection for vulnerable consumers. A Kerala consumer commission has once again underlined how aggressively marketed financial…

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

RBI tightens loan recovery rules to curb harassment and protect borrowers

India’s Reserve Bank introduces stricter regulations on debt collection practices, banning device disabling without consent and limiting recovery agent actions to enhance borrower rights from January 2027. India’s central bank has tightened the rules governing loan recovery, moving to curb…

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

Finance Ministry clarifies no imminent UPI transaction tax amid MDR discussions for large merchants

The Indian government dismisses reports of a new tax on transactions above ₹2,000 and outlines plans to apply merchant discount rates only to large merchants, aiming to boost financial infrastructure without burdening consumers. Finance Minister Nirmala Sitharaman has pushed back…

  • apxadmin
  • August 7, 2026
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