The Appellate Tribunal NCLAT dismissed appeals by BSR & Associates and its former partner. They challenged the SFIO’s authority to seek asset disgorgement in an IL&FS case. NCLAT upheld the NCLT’s order, finding the SFIO’s role valid. The tribunal stated…
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An industry body has urged the Reserve Bank of India to reconsider its proposal. This plan would ban revolving credit offered by non-banking financial companies. Such a ban could disrupt legitimate working capital finance for small businesses. Experts note revolving…
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Tech layoffs are accelerating in 2026 as big companies such as Apple, Microsoft, Oracle, Amazon, Meta, Linkedin, TikTok, Visa and dozens of other mega companies have announced slashing of jobs. Here’s why AI, restructuring, cost-cutting and changing business priorities are…
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India’s rice exports to key markets show early growth after a recent conference. A strategy matching Indian rice varieties to local cuisines is showing promise. Exports to twenty-six priority markets exceeded their three-year average in five months. This approach aims…
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Deloitte has agreed to pay the US government $21.5 million to resolve allegations that it discriminated against employees and job applicants based on race or sex while falsely certifying compliance with anti-discrimination provisions in federal contracts, the Justice Department said.
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Rising government debt and borrowing costs are bringing the issue of fiscal dominance back into focus, with concerns that central banks could eventually face pressure to support government financing. The debate could have implications for monetary policy, inflation, currencies and…
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