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Can India build its own Big Four? The battle moves to the rulebookIndia is moving to reshape its accounting sector as ICAI prepares Chartered Accountants Act changes aimed at enabling larger domestic firms...- Calcutta HC extends interim order on AITC's three HDFC Bank accounts till January 29In a significant ruling, the Calcutta High Court has extended the interim order on three AITC bank accounts, which will stay in effect unti...
- SIP additions at a six-month high amid rising churnIn August, the number of new accounts for systematic investment plans (SIPs) soared to a six-month peak, marking significant activity. Neve...
- ICAI readies CA Act changes to build bigger accounting firmsThe Institute of Chartered Accountants of India will propose Act changes soon. These changes aim to help Indian firms compete globally. The...
- ICAI working with Tirumala Tirupati Devasthanams for REITs to monetise land assetsICAI is helping Tirumala Tirupati Devasthanams modernise how it manages its vast assets, from land and gold to accounting systems. The inst...
- ICAI prepares reforms for creating larger accounting firm networks; proposals expected in two monthsICAI plans to propose reforms within two months to help Indian accounting firms scale up and compete globally. The proposals include recogn...
- AdNexa.ai bets on OneView to bring accountability to enterprise media spendingAdNexa.ai is combining media strategy, technology, execution and accountability through its OneView platform as it targets enterprise media...
- SBI debits Rs 19.9 lakh for late spouse’s loan, freezes salary account despite not part of the debt; High Court orders it to pay widow Rs 20.9 lakhAllahabad High Court has ordered SBI to refund Rs 19.9 lakh after the bank used a widow’s fixed deposit to recover her late husband’s perso...
- MDR fears groundless, AI accountability lies with boards: RBI Dy Governor SC MurmuTackling industry anxieties head-on at the Bengal Chamber of Commerce & Industry's (BCC&I) Financial Market Conclave in Mumbai, Reserve Ban...
- You might be losing out on money in your savings account: Here's how monthly vs quarterly interest credit impacts your bank balanceWhile many banks credit the savings account interest quarterly, there are some that credit the amount monthly. Basically, monthly interest ...
- Up to 7% savings account interest rate: Check latest rates offered by Canara Bank, Bank of India and IDFC FIRST Bank
- How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...
- When Employees Are Held Accountable for AI-Generated DecisionsOrganizations are rushing to embed AI into core decisions, but frontline workers are left to explain outputs they neither created nor fully...
- Indian diaspora deposits boost capital account to $33.5 billion surplus in July, RBI data showsOverseas deposits from the Indian diaspora significantly boosted the country's capital account surplus. This inflow helped offset the overa...
- India’s current account deficit more than doubles to $7 billion in July as trade gap expandsIndia's current account deficit grew to seven billion dollars in July. This widening gap occurred as merchandise imports outpaced exports s...
- Google faces police questioning over 500,000 fake Gmail accounts used for bomb threatsIndian police will question Google regarding safeguards after dismantling a fake Gmail account network. This network sent over 500,000 hoax...
- RBI proposes framework to freeze only disputed amounts instead of entire accounts in cyber fraud casesBanks will soon freeze only disputed transaction amounts, not entire accounts. AI systems will monitor unusual transfers of one thousand ru...
- New Zealand woman opens bank account in US after migration. Banks locks here $40,000 dollarA New Zealand woman faced a harrowing experience after depositing forty thousand dollars. Her newly opened Chase bank account was locked an...
- Should you have multiple bank accounts? Here’s how many you really needShould you keep all your money in one bank account or spread it out? While multiple accounts can aid in budgeting and offer deposit insuran...
- Savings account interest rates of up to 7%: Canara Bank, Bank of India, IDFC First Bank revise rates; check detailsCanara Bank, Bank of India, and IDFC FIRST Bank have announced updates to their savings account interest rates, which will take effect on S...
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