Indian benchmark shares edged higher Monday morning, driven by robust quarterly business updates from key banking and financial stocks. Nifty 50 and Sensex gained 0.22% each, with Kotak Mahindra Bank, HDFC Bank, and Bajaj Finance leading the charge after strong…
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NFRA report flags weak auditor-committee communication on accounting estimates and goodwill testing, highlighting gaps in impairment assessment, fair value and value-in-use calculations, and disclosure practices. Are audit committees effectively scrutinising management assumptions? Are cash flow projections and discount rates being…
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The World Travel & Tourism Council projects 9.1 crore new jobs in the travel and tourism sector over the next decade, accounting for one-third of global job creation. However, a significant workforce shortfall of over 4.3 crore people is anticipated…
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The Reserve Bank of India is poised to liberalise its foreign loan regime, potentially allowing External Commercial Borrowings (ECBs) in real estate for the first time in three decades. This policy shift, previously resisted due to the ’97 Asian Crisis,…
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White House official Kevin Hassett warned of mass federal layoffs if government shutdown negotiations with Democrats fail. The shutdown, now in its fifth day, began after Democrats rejected a funding measure, demanding permanent health insurance tax credits and assurances against…
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Business groups have warned that President Trump’s new $100,000 fee on H-1B visa applications could harm the US economy by disrupting the flow of foreign talent and leaving crucial positions vacant. They urged the administration to reform the program without…
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