The Reserve Bank of India’s net forex acquisitions surged to a near five-year high in March, driven by dollar-rupee swaps aimed at boosting banking system liquidity. The RBI purchased $41.5 billion and sold $27.2 billion as the rupee appreciated.
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In this insightful piece, veteran Chartered Accountant Abhishek Rara explores five key trends—ranging from AI-driven transformation to ESG integration—that are reshaping global accounting and reporting into powerful tools for business resilience, trust, and strategic growth.
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The GST Council is expected to convene soon to deliberate on simplifying and rationalizing GST rates, along with the future of the compensation cess. Discussions will encompass rate rationalization, simplification measures, and the compensation cess, currently levied on luxury and…
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Jane Street Group made over $2.3 billion from equity derivatives in India last year. This surge highlights India’s importance to the firm. The Securities and Exchange Board of India is investigating Jane Street’s derivatives trades. Other firms like Citadel Securities…
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Kanodia Cement, a cement manufacturer, has submitted papers to Sebi for an IPO. The IPO involves an offer for sale of 1.49 crore shares. Promoters and an individual shareholder will be selling their stake. The company will not receive any…
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“This shall be a new dawn with a sanitised slate to regain the position the bank enjoyed for many decades,” Hinduja said in a statement.
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