On Wednesday, Indian stock markets rallied, buoyed by a decrease in oil prices and renewed optimism surrounding the reopening of the Strait of Hormuz, following a resumption of talks with Iran. Both the Sensex and Nifty indices showed positive momentum,…
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India has built a climate finance framework over 18 years, but Ashok Haldia, former MD of PTC India Financial Services and former secretary of ICAI, argues that frameworks and announcements are no longer enough. This article examines why India needs…
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Companies allowed to align their financial year with overseas parents or for commercial reasons will still have to maintain separate accounts and statements for income tax purposes, according to evidence recorded in the Joint Committee’s report on the Corporate Laws…
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Federal Bank shares fell nearly 3% after reports that the lender may acquire a controlling stake in Jana Small Finance Bank. The deal could involve buying Jana Holdings’ 16.9% stake followed by an open offer. Jana Holdings is seeking to…
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Most high-frequency indicators showed sustained manufacturing and services activity in July. Merchandise exports and imports experienced double-digit expansion, continuing Q1 momentum. Headline consumer price index inflation edged up, primarily due to supply-side pressures. Stable core inflation reaffirmed lower pass-through of…
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Sebi has barred Varanium Cloud and promoter Harshawardhan Sabale from the securities market for seven years, citing misleading disclosures, inflated financials and diversion of IPO and rights issue funds. The regulator ordered recovery of diverted money and disgorgement of unlawful…
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