NFRA recommends Ind AS 118, proposes April 2027 rollout; members differ on EBITDA, expense presentation
Regulator backs IFRS-aligned profit statement overhaul, flags Schedule III and SEBI reporting changes.
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India on track to join China as upper-middle-income economy by 2030: SBI
India is likely to enter the upper-middle-income group by the end of this decade, joining China and Indonesia, according to a report by the State Bank of India (SBI). SBI said India is expected to reach a per capita income…
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Delhi HC rejects Natasha Oberoi's plea to stay board resolution
A dispute within the Oberoi Group, a prominent hospitality chain, has brought Tejaswi Dixit, the company secretary at EIH Associated Hotels, into the spotlight. The conflict centers on representation issues and involves PRS Oberoi’s daughter, Natasha. Natasha Oberoi has reportedly…
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RBI proposes linking BRICS' digital currencies: Report
The Reserve Bank of India (RBI) has recommended to the government that a proposal connecting the central bank digital currencies (CBDCs) be included on the agenda for the 2026 BRICS summit, the sources said. They requested anonymity because they were…
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Wipro shares crash 9.5%, brokerages see downside till Rs 220. What should investors do?
Wipro shares dropped significantly following its third-quarter financial results. The IT firm provided a cautious growth forecast for the upcoming quarter. Global brokerage Jefferies has issued a low target price for Wipro stock. Analysts anticipate limited earnings growth for the…
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Greenland not for sale; respect its sovereignty, territorial integrity: EU President Metsola
On Saturday, Trump threatened to impose tariffs on Denmark and other European countries unless they agree to sell Greenland. In his post, Trump claimed the move is necessary for national security, citing China’s and Russia’s interest in the territory.
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