Since July, over 4,500 employees have been laid off across Indian startups as firms streamline teams, focus on profitability, and pivot toward AI-driven models. Layoffs hit sectors from real-money gaming to home decor, while demand grows for experienced specialists and…
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The Reserve Bank of India has called in senior Yes Bank executives after a major security incident involving the Yes Bank–BookMyForex multi-currency forex card. According to reports, card numbers and CVV details of numerous customers may have been exposed. The…
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The Securities and Exchange Board of India (Sebi) has revamped mutual fund scheme classifications, mandating uniform naming conventions and eliminating the solution-oriented category. New rules also cap portfolio overlaps for thematic equity funds, potentially leading to consolidation and impacting arbitrage…
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India’s financial watchdog, NFRA, has inspected ten major audit firms. These include EY, KPMG, Deloitte, PwC, Grant Thornton, and BDO. Findings will be released by March end. Inspections focus on audit quality and governance. Some firms show improvement in processes.…
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India’s economy is set for strong growth, with projections between 6.8% and 7.2% for FY27. This expansion is fueled by expanding trade agreements and recent policy changes. These measures aim to boost household incomes and private consumption. Despite some revenue…
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Titan MD Ajoy Chawla attributes bolstered consumer demand to the online betting ban, GST rationalization, income tax slab relaxation, and increased infrastructure investment. He noted that while gold buying volumes in terms of customers remain flat, grammage has seen a…
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