Sebi has mandated listed companies to disclose 'Green Credit Program' details in their Business Responsibility and Sustainability Reporting starting FY 2024-25. Green Credits, generated through environmental activities, will be key under Principle 6 of BRSR, expanding sustainability reporting to include upstream and downstream value chain partners.

The global capability centres (GCCs) are projected to contribute 5 per cent to India's economy by 2030, according to a report released on Friday.

India's core sector output decelerated to 2.9% in February, the lowest in five months, due to moderated growth across various infrastructure sectors. Fertilisers and cement showed significant improvements, while crude oil and natural gas experienced declines. Overall, the core sector growth slowed compared to the previous year.

​Ajay Bhushan Prasad Pandey, Chairperson of the National Financial Reporting Authority (NFRA), and DG and CEO of IICA, said the course will help provide specialisation in auditing for chartered accountants.

The National Company Law Appellate Tribunal (NCLAT) reduced the penalty imposed on Google by the Competition Commission of India from ₹936 crore to ₹217 crore, recognizing that the company misused its dominant position but did not agree with all CCI's directions. It noted Google's discrimination against third-party apps and affirmed the abuse of dominance in the Android app market.

The scheme envisages attracting investments worth Rs 59,350 crore, resulting in production of Rs 4,56,500 crore and generating direct employment of 91,600 people.

Nayara Energy has appointed Deepesh Baxi as its new Chief Financial Officer (CFO), effective March 14, 2025. With over 30 years of experience in finance and strategy across global firms, Baxi will lead Nayara’s financial strategy to drive growth and industry excellence.

The CFO’s responsibilities now extend far beyond financial stewardship. As a key member of the executive leadership team, the modern CFO often serves as a trusted advisor and strategic partner to the CEO. In this capacity, CFOs provide critical insights into not just financial performance but also the overall health of the business, including sales, operations, marketing, and human resources.

In this insightful article, Sandip Khetan, Co-founder & Global Head of Accounting and Reporting Consulting, and Sagar Lakhani, Partner at Uniqus Consultech, examine the significance of internal financial controls for startups. How can startups balance rapid growth with the need for robust financial management to ensure long-term success?

Global HR company Deel said the demand for AI talent in India is expected to more than double from 600,000 in 2022 to over 1,250,000 by 2027. Recruitment tech firm Supersourcing said it has worked with 35 AI startups and companies to fill up positions on a recurring basis.

Micron India managing director Anand Ramamoorthy echoed similar thoughts, saying that while a typical startup needs capital, talent, and a good idea, a semiconductor startup has an additional dimension.

Member Niti Aayog, while releasing the government think tank's 'Trade Watch July -September 12 FY25' report.

INDIA-ECONOMY-India's April-February fiscal deficit at 85.8% of full-year target

India may remove import tax on U.S. liquefied natural gas to boost purchases and reduce its trade surplus with Washington. This move aligns with India's pledge to increase U.S. energy imports and targets increased bilateral trade. Scrapping the tax would make U.S. LNG more competitive, supporting India's growing energy needs.

India's economic challenges have troughed and trends in some key metrics indicate that the outlook is improving, a report said on Friday, adding that foreign institutional investors (FIIs) might have sensed this and have bought Indian equities worth $3.8 billion since March 20.

India is actively working to pacify U.S. President Donald Trump by reducing tariffs on American imports, pledging increased energy purchases, and planning significant defense acquisitions. Additionally, India has eliminated a digital ad tax, cut tariffs on whiskey, and is collaborating with Elon Musk’s Starlink to bolster satellite broadband services.

INDIA-UPI-INTERNATIONAL-India pushes to ease international payments through homegrown network to rival Visa, Mastercard

AMBUJA-CEMENTS-India's Ambuja Cements reassigns Ajay Kapur as managing director, appoints finance chief as new CEO

FICCI Ladies Organisation (FLO), an apex body of businesswomen in the country, on Friday stressed the need to step up support and strengthen women entrepreneurs which will ultimately help boost the nation's economy.

India's direct export losses due to US tariffs are expected to be limited to 0.1% of GDP, according to CareEdge Ratings. However, broader global trade tensions may impact the economy through weaker exports, reduced investments, and volatile foreign portfolio investment flows, potentially affecting the Indian rupee and economic stability. Policymakers must monitor these external risks closely.