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Scammers refine dating tactics with fake verification and AI-generated profiles, complicating fraud detection

Fraudsters in the online dating scene are adopting more sophisticated methods, including fake verification services and AI-generated profiles, making scams harder to spot and increasing risks for users worldwide. The modern dating scam no longer looks like the obvious con…

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

Financial recovery after a costly summer weekend hinges on simple budgeting and behavioural changes

Experts advise scrutinising recent expenses and setting realistic repayment plans to recover from overspending during the summer, avoiding drastic measures like draining retirement savings or taking on excessive debt. An expensive summer weekend can leave more than a dent in…

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

Mumbai company loses Rs 2.30 crore in Microsoft Teams impersonation scam

A Mumbai-based firm, Apar Industries Limited, reportedly lost Rs 2.30 crore after cybercriminals impersonated company directors on Microsoft Teams, highlighting a growing trend of sophisticated corporate scams across India. A Mumbai company has lost Rs 2.30 crore after cyber fraudsters…

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

Delhi High Court asks insurer to respond to Rs 85.6 lakh claim over Baramati crash

The Delhi High Court has issued a notice to New India Assurance Company in a family’s petition demanding Rs 85.6 lakh for the wrongful denial of an insurance claim linked to pilot Captain Sumit Kamal Kapur’s death in the Baramati…

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

Odisha Vigilance cracks major cooperative bank fraud involving ₹64.42 lakh

Vigilance authorities in Odisha have arrested two ex-employees of Mayurbhanj Central Cooperative Bank for allegedly diverting over ₹64 lakh through fictitious accounts, part of a wider crackdown on financial irregularities in the state’s cooperative banking sector. Odisha Vigilance has arrested…

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

Western Union warns of rising scam risks and limited refunds, urges quick reporting

Western Union’s widespread use for cross-border money transfers has become a target for fraudsters, prompting urgent advice on how to minimise losses and understand refund limitations amid increasing scam threats. Western Union has long been used by people sending money…

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

Saudi Arabia tightens beneficial ownership rules for insurers with new digital verification deadline

The Saudi Insurance Authority mandates insurers to comply with new beneficial ownership transparency standards within 30 days, leveraging digital platforms to enhance anti-money laundering efforts and business transparency. Saudi Arabia’s Insurance Authority has told insurers to comply with the Kingdom’s…

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

Tamil Nadu’s mounting debt challenges intensify despite revenue recovery efforts

Tamil Nadu’s debt burden continues to rise amid a significant fiscal deficit, even as the government implements measures to stabilise revenues and boost collection, highlighting ongoing fiscal challenges. Tamil Nadu’s debt burden will keep rising year by year, the state’s…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Wakefit reports 19% rise in quarterly net profit amid revenue growth and cost pressures

Wakefit Innovations posted a 19% increase in net profit for the June quarter, driven by higher sales despite rising costs and taxes, signalling ongoing recovery amidst macroeconomic challenges. Wakefit Innovations reported a 19% rise in net profit for the June…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Norwegian fund manager shifts to riskier AI bets amid market divergence

A Norwegian fund manager is increasing risk by investing heavily in AI-related stocks, signalling a shift amid ongoing debates over the sector’s true value and growth prospects, as investors rebalance their portfolios towards software and platforms over hardware giants like…

  • apxadmin
  • August 6, 2026
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