The Russia-India-China alliance, initially conceived as a counterweight to the US, is being revived amidst Trump’s trade war. Despite shared grievances with Washington, historical tensions and economic disparities, particularly between India and China, hinder the union’s long-term viability.
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To combat benami property deals, a CBDT panel suggests stricter measures, including access to Aadhaar data and property registries. The recommendations aim to identify ‘dummy directors’ in shell companies and confiscate other assets if benami properties are untraceable. These steps…
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As the Adani Group continues to navigate its financial future, the shift towards domestic lenders appears to be a strategic move, reflecting both the changing dynamics of Indian banking and the group’s efforts to maintain financial stability in a rapidly…
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Following the ban on online money gaming, IT Secretary S Krishnan said that the industry’s future isn’t entirely bleak, highlighting growth potential in e-sports and social gaming. He emphasised the legislation aims to bring structure to the sector, prioritising public…
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Ahead of the U.S. imposing 50% tariffs on Indian exports, the Indian Embassy in Washington has hired a second lobbying firm, Mercury Public Affairs, for $75,000/month to handle lobbying and strategic communications. This move follows concerns that India was being…
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ICAI President CA. Charanjot Singh Nanda tells ETCFO that the recent amendments to Indian Accounting Standards (Ind AS) mark a significant shift in financial reporting. How will supplier finance disclosures, stricter loan covenant norms, and global minimum tax rules reshape…
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