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ED raid in Bihar reveals digital investment scam linked to laundering network

The Enforcement Directorate conducted coordinated raids across five sites in Bihar’s Munger district as part of an investigation into a digital investment scheme allegedly involving money laundering and fraudulent practices linked to a private music company in Jamalpur. The Enforcement…

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

Parents urged to review insurance coverage as students move off campus

Families preparing for students’ university move should reassess their insurance policies to ensure adequate protection for belongings and liability, especially when living off campus or bringing a vehicle. As students prepare to leave for campus, insurance is one of the…

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

Building a substantial corpus is key to achieving financial independence before 40, experts say

Experts emphasise that early financial freedom hinges on building a large enough corpus through disciplined saving and investing, rather than simply aiming for a dramatic retirement age. Financial freedom by 40 is possible for some salaried workers, but experts say…

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

India's 2026 mutual fund reforms tighten industry oversight and simplify product categories

The Indian mutual fund industry has undergone significant regulatory overhaul in 2026, introducing tighter disclosure, new product frameworks, and clearer classification to boost transparency and investor protection. India’s mutual fund industry is overseen by a two-tier system, with the Securities…

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

Libyan Social Security urges pensioners to adhere to annual declaration deadlines to avoid suspension

The Jufra branch of Libya’s Social Security Fund has issued a reminder for pensioners to complete their yearly declarations on time, highlighting the importance for ongoing payments and administrative compliance amid tightened oversight. The Social Security Fund’s Jufra branch has…

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

NRIs face new considerations in choosing between NRE and FCNR(B) deposits amid currency risks

Non-resident Indians must weigh currency risk alongside interest rates when choosing between NRE and FCNR(B) deposits, with recent relaxations and market shifts influencing optimal strategies. For non-resident Indians weighing where to park savings, the choice between non-resident external fixed deposits…

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

India’s rising foreign visit costs coincide with record foreign investment, sparking questions over diplomatic spending efficiency

Despite escalating expenses on Prime Minister Narendra Modi’s overseas trips, India has seen a surge in foreign direct investment, prompting debate over the strategic value of diplomatic expenditures amid increasing costs from 2021 to 2025. India’s overseas diplomacy has become…

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

Trust Mutual Fund’s shift towards small and mid-cap stocks signals a new phase for Indian equities

Mihir Vora of Trust Mutual Fund highlights a growing preference for domestic growth sectors and smaller companies amid improving liquidity and evolving sector leadership in India. Mihir Vora, chief investment officer at Trust Mutual Fund, said the firm’s push past…

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

India’s cooperative sector faces constitutional challenge amid ongoing reforms and judicial rulings

The insertion of Article 43B and subsequent legal developments have reshaped India’s cooperative sector, balancing constitutional aspirations with judicial limitations and ongoing reforms. Article 43B is the Constitution’s newest Directive Principle, inserted by the 97th Constitutional Amendment to place co-operative…

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

Consint.AI secures ₹22 crore to expand internationally and develop AI for fraud detection in regulated industries

Noida-based Consint.AI raises ₹22 crore in Series A funding to accelerate global expansion and innovate AI tools for risk management across healthcare, insurance, and finance sectors. Consint.AI has raised ₹22 crore in a Series A round as it looks to…

  • apxadmin
  • August 6, 2026
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