Page 8 - Bs Web Reports

Cabinet approves 3% DA, DR hike for central govt staff, pensioners

Union minister Ashwini Vaishnaw said the increase would take DA and DR from 60 per cent to 63 per cent of basic pay and pension, respectively, with effect from July 1, 2026

BJP names Hardeep Singh Puri for Madhya Pradesh Rajya Sabha bypoll

Puri's nomination comes after the BJP left him out of its Uttar Pradesh Rajya Sabha candidate list ahead of his current term's expiry in November

Delhi's liquor booking app goes live, but doorstep delivery stays absent

The app allows customers to check liquor stocks, book bottles and pay online, but orders must be collected in person within 48 hours

AI is not a bubble yet, but volatility lies ahead, says Shankar Sharma

At Business Standard BFSI Insight Summit 2026, Shankar Sharma said AI is not a bubble yet, citing investment opportunities for major tech firms, but warned that the sector would remain volatile

Undisclosed foreign assets? Check if you qualify for Rs 1 lakh scheme

FAST-DS 2026 offers eligible taxpayers a one-time route to disclose foreign assets, with fees and payment rules varying by category

Delhi HC flags prosecutor shortage, says criminal trials affected

The court stayed recovery of ₹5,000 from the Director of Prosecution's salary but refused to stay costs imposed on the Delhi government over a prosecutor's absence at a trial court hearing

FASTag local pass vs annual pass: Cost, rules and differences explained

New local FASTag pass starts Nov 1, with annual fees of Rs 1,500 or Rs 3,000 for eligible residents living within 20 km of a toll plaza

Valuation of AI stocks, volatility pose risks for investors: Fund managers

Fund managers at the Business Standard BFSI Insight Summit flagged AI stock valuation risks and urged investors to focus on disciplined asset allocation, long-term fundamentals amid market volatility

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

Investors need suitable products, not complexity, say mutual fund CEOs

Business Standard BFSI Summit: Mutual fund CEOs say smallcap valuations remain a concern, while hybrid funds and specialised investment funds could offer investors more flexibility

Sebi will review compliance burden on foreign investors: Tuhin Kanta Pandey

At Business Standard BFSI Insight Summit 2026, Sebi chief Tuhin Kanta Pandey said the regulator will review compliance rules for foreign investors and seek views on aligning them with global standards

Sebi exploring India-specific AI model for securities market oversight

Sebi Chairman Tuhin Kanta Pandey said the regulator is exploring a domestically governed AI model while strengthening cybersecurity and oversight of technology risks

Q2 results: Adani Enterprises, APSEZ, Hero MotoCorp, 141 more on Oct 28

Q2FY27 company results: Firms including Hyundai Motor India, Meesho, Info Edge (India) (Naukri), Pidilite Industries, and Vedanta are also to release their July-September earnings today

Delhi wakes to 'poor' air as AQI hits 228, two stations cross 300

Vivek Vihar records the highest AQI at 316, followed by Jahangirpuri at 305; Noida and Greater Noida also report elevated pollution levels

UPI needs sustainable revenue model for growth: PhonePe CEO on MDR debate

At Business Standard BFSI Insight Summit, PhonePe's Sameer Nigam says MDR is necessary for UPI's growth, while questioning criticism of foreign investors who helped build India's payments ecosystem

PhonePe CEO Sameer Nigam backs DPDP Act, says no impact on business

At the Business Standard BFSI Summit, PhonePe CEO Sameer Nigam says the company established a dedicated data privacy function as early as 2018

Crypto industry leaders flag tax hurdles, seek regulatory clarity in India

At the Business Standard BFSI Insight Summit 2026, crypto industry leaders flagged the burden of crypto taxation, called for regulatory clarity and highlighted growing investor interest

Better intelligence sharing key to curbing digital fraud, say experts

At the Business Standard BFSI Insight Summit 2026, experts called for better intelligence sharing, stronger fraud detection and wider use of AI to curb digital payment fraud and protect users

GST relief not enough to make health insurance affordable, say experts

Business Standard BFSI Insight Summit 2026: Experts said GST relief has eased premiums, but high medical costs, underinsurance, and a trust deficit remain key barriers to wider coverage

SIFs vs PMS: Experts explain who should invest and who should stay away

Business Standard Smart Investor Arena 2026: Experts explained how specialised investment options differ and why investors should build a core portfolio first