Experts at the Business Standard BFSI Insight Summit 2026 called for better intelligence sharing and stronger coordination among payment platforms to curb digital fraud, as fraudsters increasingly.

PhonePe founder and Chief Executive Officer Sameer Nigam on Tuesday said the fintech major is not concerned about the impact of the Digital Personal Data Protection (DPDP) Act on its business operatio

Credit is increasingly becoming the first financial product that young Indians encounter, even before savings accounts or systematic investment plans (SIPs), according to Sakchi Jain

India's dependence on imported oil and external finance remains a challenge, Reserve Bank of India (RBI) Deputy Governor Poonam Gupta said at the Business Standard BFSI Insight Summit 2026.

India's cryptocurrency industry needs greater regulatory clarity and a tax framework that accounts for the way digital assets are traded and used, cryptocurrency experts said at the Business Standard.

CCTV has reportedly removed advertisements featuring Mbappe, stopped airing soccer matches involving the Frenchman and deleted all posts related to him from its official Weibo account

Kylian Mbappe leads the Golden Boot race with 10 goals

Bloomberg

India is poised to strengthen its position as a global refining hub, with its oil processing capacity set to rise to 300 million tonnes annually by 2030 even as Europe and other parts of the Western world see refinery capacity decline, Union Minister Hardeep Singh Puri said on Tuesday.
India's refining capacity is currently around 290 million tonnes per annum and is expected to expand further by scaling up existing facilities and adding new projects, the Union Petroleum Minister said at a news conference on the sidelines of the 29th Energy Technology and Innovation Meet in south Goa.
He said the expansion will allow India not only to meet its domestic energy requirements but also to supply more petroleum products to international markets.
"With refining capacity increasing in a big way, we will be in the happy situation of not only refining for ourselves, but for the world," Puri added.
He contrasted India's expanding refining infrastructure with the decline in global capacity, ...

Hardeep Puri, Union Minister of Petroleum and Natural Gas

Press Trust of India

The new entity will oversee funding, liquidity and banking administration across multiple regions, giving JLL access to international capital markets through the IFSC

GIFT City

Business Standard

The Maharashtra Food and Drug Administration (FDA) has seized around 43.56 tonnes of food stock and 719.2 litres of milk and ghee, collectively valued at Rs 1.56 crore, during a statewide drive, officials said on Saturday.
The seized food products were suspected to be substandard, adulterated or incorrectly labelled.
The department also destroyed 564 litres of milk in Mumbai and suspended the licences or registrations of several establishments for violations of food safety norms.
The Konkan division recorded seizures of 9.99 tonnes of food stock worth Rs 53.55 lakh, while the Pune division seized 2.11 tonnes of food items valued at Rs 7.93 lakh. In Nashik, the FDA seized 4,069 kg of food products and 62.2 litres of ghee worth Rs 8.25 lakh.
In Chhatrapati Sambhajinagar division, 26.84 tonnes of food items valued at Rs 64 lakh were seized, while the Nagpur division reported the seizure of 883.3 kg of oil worth Rs 1.77 lakh.
The FDA also seized prohibited food items worth Rs 19.56 la

food safety, FDA crackdown

The Centre has extended the tenure of Defence Secretary Rajesh Kumar Singh by one year, till October 31, 2027, according to an official order issued on Saturday.
The Appointments Committee of the Cabinet (ACC) approved the extension of Singh, a 1989-batch IAS officer of the Kerala cadre, beyond his scheduled tenure ending on October 31, 2026.
"The Appointments Committee of the Cabinet has approved extension in the service of Rajesh Kumar Singh, IAS (KL:89) as Secretary, Department of Defence, Ministry of Defence, for a period of one year beyond 31.10.2026, i.e. up to 31.10.2027 or until further orders whichever is earlier," the order issued by the Department of Personnel and Training (DoPT) read.
The extension was granted in relaxation of the provisions of Fundamental Rule 56(d) and Rule 16(1A) of the All India Services (Death-cum-Retirement Benefits) Rules, 1958, the order said.

Rajesh Kumar Singh

More than 100,000 people marched in Paris on Saturday over school funding and soaring living costs, challenging President Emmanuel Macron's government as police fired tear gas and water cannons near the end of the protest.
Paris police estimated turnout at 110,000, with demonstrators mobilizing despite restrictions that confined the march to the city's southeastern edge, away from the center.
Police used tear gas in several cities, including Lyon, Clermont-Ferrand, and Strasbourg, and water cannons in Nice and Nantes, French media reported. In Marseille, officers fired tear gas during clashes with several dozen people near the march's endpoint.
The Paris prosecutor's office said 64 people had been arrested in connection with Saturday's demonstration and 40 placed in police custody. Those arrested included six minors. Most arrests concerned suspected weapons offenses or participation in a group preparing violence or property damage, the office said.
The unrest is testing Macron's ..

Masked protesters take cover behind plywood amid clashes and tear gas during a labour union-led demonstration over living costs and fuel prices in Paris, France, on October 24, 2026.

Over 1 lakh march in Paris over school funding, rising costs as police fire tear gas

The scale of the selling and the speed and magnitude of the underperformance in Indian equities are unsustainable

Foreign portfolio investors have withdrawn $65 billion from Indian equities since September 2024, amid sharp market underperformance and declining global investor interest. | Illustration: Binay Sinha

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

Raghuram Rajan

Reuters

Noel Tata has challenged the validity of N Chandrasekaran's five-year reappointment as Tata Sons chairman, citing procedural lapses and the absence of the resolution from the meeting agenda

neol tata

At the BFSI Insight Summit 2026, banking leaders said AI and autonomous agents could transform banking, but warned that balancing innovation with risk controls would be crucial

Left to right: Shivani Shinde, Business Next's Nishant Singh, Accenture's Paritosh Wechalekar,  PNB's Rajesh Prasad, Axis Bank Group's Sameer Shetty, HDFC Bank Group's Ramesh Lakshminarayanan.

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India poised to refine for world as global capacity declines: Hardeep Puri

JLL sets up global treasury centre at GIFT City to centralise operations

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