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Money Crux
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Rupee stabilises as RBI intervention tempers volatility amid subdued sterling outlook

The Indian rupee remains resilient against the pound sterling, supported by Reserve Bank of India measures and falling oil prices, while UK economic signals dampen expectations of further Bank of England tightening. Pound sterling held close to Rs128.24 against the…

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

Families invest in existing land to secure long-term wealth and multigenerational living

As practical needs and financial pressures grow, families are increasingly enhancing their land assets to sustain wealth and support multigenerational households, emphasising careful ownership structuring amidst rising inheritance disputes. Families with land to their name are increasingly looking at property…

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

South Korea debates shifting investor protection measures amid JTBC bond sale scrutiny

Growing criticism over the sale of JTBC bonds fuels discussion in South Korea on whether investor safeguards should focus on issuance or distribution, amid ongoing probes and historical policy debates. Questions over the sale of JTBC bonds have triggered a…

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

India tests polymer banknotes in bid to enhance durability and security

India has commenced field trials of ₹10 and ₹20 polymer banknotes to assess their resilience, security features, and cost-efficiency, marking a shift towards international best practices in currency durability. India has approved field trials of polymer ₹10 and ₹20 banknotes,…

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

Banks race to slash onboarding times as fintech disrupts traditional account opening

As delays in corporate account onboarding can cost businesses time and revenue, financial institutions are adopting AI-driven solutions to dramatically reduce time-to-account, transforming customer experience and competitive dynamics in banking. Banks have long treated business account opening as a routine…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Emcure Pharmaceuticals reports record quarterly profit driven by international growth and increased R&D investment

Emcure Pharmaceuticals has announced a 36.2% rise in quarterly profit to Rs 292.5 crore, with international revenue leading the growth and increased focus on research and development shaping its strategic outlook for FY27. Emcure Pharmaceuticals reported a sharp rise in…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Samvardhana Motherson reports record Q1 revenue driven by sustained momentum and strategic growth plans

Samvardhana Motherson International has posted its strongest first quarter in history, with a 17% revenue increase, signalling continued momentum amid long-term expansion ambitions towards USD 108 billion in revenue by 2030. Samvardhana Motherson International said its first quarter of fiscal…

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

India’s auto sector pushes for digital-savvy, globally competitive tax reforms at SIAM conference

Industry leaders, tax experts and policymakers gathered at SIAM’s third Automotive Taxation Conference in New Delhi to shape a modern tax framework that supports innovation, investment and digital transformation amid shifting global rules. The Society of Indian Automobile Manufacturers brought…

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

India’s reliance on energy imports remains a vulnerability despite slight decline

A new report reveals that India has slightly reduced its energy import dependence to 42%, but reliance on overseas crude supplies persists, highlighting ongoing vulnerabilities and geopolitical risks. India’s dependence on imported primary energy has eased slightly, but the country…

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

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
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