Indian benchmark indices opened higher on Monday despite muted cues from GIFT Nifty, as easing oil prices supported sentiment, with the Sensex gaining over 400 points and the Nifty holding above 23,360.
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New standard aligned with IAASB’s ISSA 5000, with India specific carveouts; applicable to financial years beginning on or after April 1, 2027.
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As the festive season approaches, Indian logistics firms are bracing for a notable spike in shipment volumes. Companies like DTDC and Blue Dart are ramping up their workforce, bringing in temporary employees to handle the anticipated delivery surge. Amazon is…
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Veteran banker Uday Kotak urged India to avoid complacency despite its strong global position, calling for tighter fiscal management, financial-sector reforms and stronger domestic production. Speaking at a Finance Ministry conference, Kotak outlined seven priorities for Viksit Bharat, including fiscal…
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NaBFID is set to initiate the raising of $500 million via a 10-year overseas bond, while simultaneously negotiating a $1 billion MIGA-backed bond with a longer 15-year maturity. This financial strategy aims to secure essential long-term funding for infrastructure developments.
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Most economists predict a rate hike by the monetary policy committee in October. This expectation stems from accelerating inflation and global central bank actions. Some economists foresee a cumulative increase of fifty to seventy-five basis points this financial year. Others…
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