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.

As artificial intelligence (AI) agents begin to search, shop, and make payments on behalf of consumers, clear rules on authorisation, authentication, and liability will be essential to building trust

Audit cannot replace a lender’s due diligence, but the reliability of financial information available to lenders depends on the quality of auditors and audit processes, Nitin Gupta, chairperson

India Post released the GDS 1st Merit List 2026 on 12 Oct for 23,757 posts under the July recruitment drive. The 2nd Merit List 2026 is expected soon, but its release date has not yet been released

India Post GDS 2nd merit list 2026

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Business Standard BFSI Summit: Banking leaders said banks must strengthen security controls and authenticate AI agents as autonomous banking develops

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.

Business Standard

Devina Mehra, founder and CMD of First Global, suggested investors diversify their portfolio with global exposure as India accounts for less than 3 per cent of global market capitalisation.

Devina Mehra, founder and CMD of First Global, at Business Standard BFSI Insight Summit 2026’s Smart Investor Arena

Devina Mehra, founder and CMD of First Global, at Business Standard BFSI Insight Summit 2026's Smart Investor Arena

Restarting Venezuela's largest fossil fuel-burning plant will help ease chronic blackouts that have worsened since earthquakes ravaged the region in June

Residents fix a car during a power outage in Cabimas, Zulia state, Venezuela.

Chinese firm to restart Venezuela power plant unit amid chronic blackouts

Reuters

CJP's West Bengal unit on Saturday demanded an impartial probe into the Chorabagan stampede that claimed 19 lives and called for accountability for any negligence established during the investigation.
The party organised a condolence programme and a press conference to pay tribute to the victims and express solidarity with the affected families.
Addressing the press conference, a Cockroach Janta Party (CJP) member called for safety audits, trained personnel, emergency evacuation plans and better coordination among emergency services.
In a statement, CJP coordinator Prakriti Sahu outlined the party's demands, including timely financial assistance and medical support for the affected families and injured, stronger safety guidelines for major public gatherings and festival pandals across the state, and regular public updates on the investigation and relief measures.
The party said it would submit its demands in writing to the relevant authorities and seek details of the action taken.

Footwear lies scattered outside a Durga Puja pandal after the exit gate collapsed due to heavy crowd pressure, leading to a stampede-like situation, in Kolkata, Saturday

Kolkata Durga Puja pandal stampede

Press Trust of India

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 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

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

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