Page 2 - Finance News

Is high-net-worth investing getting democratised? Experts discuss

Speaking at the Business Standard BFSI Insight Summit 2026, experts explored how SIFs and PMS complement mutual funds, while easier onboarding and wider distribution could support growth

Govt collects ₹3.25 trn in taxes in lieu of ₹19,000 cr mobile PLI: Vaishnaw

The minister's post came in response to a media opinion video claiming drawbacks of India's attempt to push electronics manufacturing through subsidies using public money

Rupee rises 4 paise to 95.03 against US dollar during early trade

At the interbank foreign exchange market, the rupee recorded marginal gains and touched 95.03, registering a rise of 4 paise over its previous close

Bank liquidity surplus plunges to ₹46,200 crore amid RBI's rupee defence

Excess funds with lenders have shrunk from a high of ₹11 trillion ($116 billion) in early September to ₹46,200 crore as of Oct. 26, according to a Bloomberg Economics index

Crypto investors must research; invest only what they can lose: Experts

At the Business Standard Smart Investor Arena 2026, experts urged young investors to understand crypto fundamentals, start small and assess risks as tokenisation and stablecoins gain ground.

BFSI Insight Summit: MDR vital to sustain UPI growth, says PhonePe CEO

PhonePe CEO Sameer Nigam calls for restoring MDR to sustain UPI growth, while outlining plans to expand feature-phone payments, affordable credit and financial services

Growth momentum holds despite shocks: RBI Deputy Governor Poonam Gupta

At the BFSI Insight Summit 2026, RBI Deputy Governor Poonam Gupta said India's growth momentum remained strong despite global shocks, aided by a diversified economy and policy response

Indian markets likely to surpass average, says First Global's Devina Mehra

Devina Mehra on why Indian investors should diversify globally, manage risks and look beyond familiar markets to build long-term wealth

PFRDA chief S Ramann wants to plug NPS into corporate payroll systems

Pension regulator in talks with HRMS providers to enable salary-linked contributions; sees scope for pension funds to finance infrastructure

Strong audit oversight is Viksit Bharat bedrock: NFRA's Nitin Gupta

At the BFSI Insight Summit 2026, NFRA chief Nitin Gupta said credible financial reporting and independent audits are vital to attracting long-term capital for Viksit Bharat 2047

Unlocking pension funds for infra financing a priority: PFRDA Chairperson

At the BFSI Insight Summit 2026, PFRDA chief S Ramann outlined plans to expand pension coverage, strengthen APY, integrate NPS with payroll systems and fund infrastructure

BFSI Insight Summit 2026: 'Real-time fraud check key in digital payments'

At the BFSI Insight Summit 2026, payments leaders called for AI-driven fraud detection, real-time risk scoring and greater industry collaboration to tackle rising digital payment scams

BFSI Summit 2026: PEs shift strategy from 'spray and pray' to focused bets

At the BFSI Insight Summit 2026, PE leaders Renuka Ramnath and Amit Chandra stressed selective investments, active ownership, AI-led value creation and the need for domestic capital

Looking beyond GST 2.0: Why compliance reforms are the next big test

The next phase of GST reforms, promises simpler registration, quicker refunds and wider input tax credit, but businesses say deeper structural and administrative changes are needed

Audit can't replace a lender's due diligence: NFRA Chairperson Nitin Gupta

Speaking at the Business Standard BFSI Insight Summit, Gupta said responsibility for the quality of financial reporting rests with multiple stakeholders

India should not deplete reserves to defend rupee, says Raghuram Rajan

The rupee has lost about 6% of ‌its value so far in 2026, making it the second-worst performing currency in Asia, and hit a record low of 96.96 in May

Agentic payments need clear consent and security rules: Industry leaders

At the BFSI Summit 2026, industry experts said AI agents could simplify everyday payments, but adoption hinges on verifying their identities and permissions

Rupee falls 7 paise to 95.22 against US dollar during early trade

At the interbank foreign exchange market, the rupee opened at 95.17 and pared some losses to touch 95.11 but soon lost ground to trade at 95.22 against the greenback, lower by 7 paise

BFSI Summit 2026: Treasury heads see prolonged rupee, bond market strain

Treasury heads at the BFSI Insight Summit warned that elevated crude prices, foreign capital outflows and high global yields could keep the rupee and bond markets under pressure

BFSI Insight Summit 2026: FCNR(B) bought India 3-5 years, says Uday Kotak

Uday Kotak warns India must prepare to repay $160-170 billion in FCNR(B) deposits and interest over three to five years, urging structural reforms to address macroeconomic risks