The Institute of Chartered Accountants of India is set to propose a clear division of responsibility between principal auditors of corporate groups and those auditing subsidiaries. This move aims to ensure financial statement quality and establish accountability. The recommendations will…
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New amendments to India’s atomic energy bill may reserve uranium mining exclusively for government companies. Private firms might be excluded from this critical sector. The proposed changes to the Atomic Energy Act, 1962, and the Civil Liability for Nuclear Damages…
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Bilateral trade between India and France stood at $15 billion last year, and Indian Prime Minister Narendra Modi and French President Emmanuel Macron have been forging warmer ties. The two sides have been working to recast their tax treaty since…
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Haier India is set to invest Rs 3,500 crore in the coming years. This expansion aims to boost capacity and achieve USD 2 billion in sales within two years. The company is establishing a new plant in southern India. This…
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India has approved 100% foreign direct investment in the insurance sector, a significant reform aimed at boosting capital inflows and enhancing service quality. This move is expected to intensify competition, drive innovation, and expand insurance access to millions, strengthening financial…
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The government has approved a new bill allowing 100 percent foreign investment in the insurance sector. This move aims to boost growth and improve insurance coverage across India. Companies must invest all premiums within the country. The bill also permits…
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