India’s audit watchdog has exposed deep flaws across top audit firms, raising three critical questions: how auditors missed clear fraud indicators, why key Standards on Auditing were ignored, and whether India’s largest networks adequately tested related-party transactions and independence compliance…
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India’s Goods and Services Tax (GST), introduced in 2017, unified indirect taxes, simplifying compliance and fostering a national market. Recent rate cuts, despite simplifying the structure, have maintained stable collections, demonstrating economic resilience. These collections are crucial for government spending…
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Law firms are hiring more capital markets lawyers. This is driven by a rise in initial public offerings and other fundraising activities. Demand for equity offering specialists is growing as multinational companies plan to enter Indian markets. Successful listings have…
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China’s economy showed strength in the third quarter of 2025. Year-to-date GDP growth reached 5.2 percent. Full-year growth is projected at 4.9 percent. For 2026, the forecast is 4.4 percent. Government measures and stable trade policies are expected to boost…
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Apple Operations India did not maintain daily backup of the books of account in electronic mode on servers physically located in India from April to October 5, 2024, the auditor said in the annual report filed with the Registrar of…
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India has raised concerns at the World Trade Organization regarding a China-led proposal for an investment facilitation agreement. New Delhi argues that discussions on investment are outside the WTO’s trade agreement framework. India emphasizes that such plurilateral agreements should remain…
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