INDIAN EXPRESS DATED 26th OCT 2026.

Summary of Important News Items Editorials-503

INDIAN EXPRESS DATED 26th OCT 2026.

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1. Cybersecurity and Financial Security: RBI's New Data Centre in Odisha

Prime Minister Narendra Modi inaugurated the Reserve Bank of India's Data Centre and Cybersecurity Training Institute in Odisha on 25 October 2026. He emphasised that modern conflicts can weaken countries not only through military attacks but also by targeting financial institutions and economic infrastructure. The report highlighted growing cybersecurity concerns, including unauthorised access involving artificial-intelligence agents and a data-exposure incident acknowledged by the State Bank of India. Background: India's expanding digital banking system processes enormous volumes of transactions and sensitive customer information. Logic: A cyberattack on financial infrastructure can disrupt payments, damage public confidence and threaten economic stability. The Prime Minister called for modern infrastructure, trained personnel and stronger protection against cybercriminals and cyberterrorists. Significance: Cyber resilience has become an essential component of national security, alongside conventional defence. Gist: India must combine secure data centres, continuous monitoring, skilled cybersecurity professionals and institutional coordination to protect its increasingly digital financial system.

2. Capital Gains Tax Reform: Reviving India's Equity Markets