Amid an ongoing debate over whether CMA and CS should be included as accountants in the new Income Tax Bill and allowed to conduct tax audits — a role currently reserved for Cas — the Lok Sabha’s Select Committee has…
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SEBI will establish a committee to review conflict of interest provisions among its members, following allegations during the tenure of former chairperson Madhabi Puri Buch. Additionally, SEBI has approved raising the AUM threshold to 500 billion rupees for foreign portfolio…
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A US proposal to impose hefty levies on Chinese-built ships is creating significant disruptions in global trade. Steel pipes for a Louisiana project remain stuck in Germany, as shipping costs could triple. The measures aim to curb China’s dominance in…
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ICRA reports that private capital expenditure in India dropped to a decade-low 33% of total investments in FY24, with unlisted companies showing subdued investment compared to listed ones. The private sector focused on reducing debt instead of expanding.
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The Reserve Bank of India’s $10 billion, 3-year dollar/rupee buy-sell swap auction aimed at boosting rupee liquidity was oversubscribed by over two times, with a cutoff rate of 5.86 rupees. The RBI will inject $10.04 billion equivalent of rupees on…
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India’s engineering goods exports declined by 8.62% in February 2025, with significant drops in iron and steel, aluminium, and copper exports. This marks the first monthly decline since April 2024. The decline is attributed to global trade upheavals and new…
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