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ACCOUNTING STANDARDS
Credit guarantee fund for small units extended by five yearsThe Union Cabinet has approved a five-year extension for the Credit Guarantee Fund for Micro Units and the Stand-Up India scheme. An alloca...- A double transition for corporate India: New accounting rules, new auditorsCompanies are preparing for the transition to Ind AS 118 which will impact financial statement reporting. Changes in statutory auditors coi...
- Cabinet approves extending credit guarantee fund for micro units, and Stand up India scheme; Aqua Line metro rail corridors extension gets nodThe Union Cabinet has extended the Credit Guarantee Fund for Micro Units and Stand-Up India schemes by five years until 2031, approving a c...
- Provisional registration framework proposed for allied healthcare professionalsThe National Commission for Allied and Healthcare Professions has proposed a provisional registration framework for eligible professionals,...
- US household debt rises to $19.1 trillion in Q3, delinquencies edge higher: New York FedUS household debt rises by $334 billion to $19.1 trillion in Q3, while troubled borrowing edges up to 5% of total debt, according to the Ne...
- Anthropic IPO: $81 billion revenue run rate looks impressive, but can a $900 billion computing bill justify its trillion-dollar valuation? What ANT stock investors need to knowAnthropic IPO 2026: Anthropic's $81 billion revenue run rate is a big number, but its future spending tells another story. The Claude maker...
- India doesn’t have a savings problem. It has a savings incentive problemIndian households are saving more than ever. The bigger question now is whether money kept accessible in a savings account can also earn me...
- AI could eliminate up to 70% of manual risk tasks in banks, free capacity for strategic roles: McKinseyMcKinsey said banks could reinvest half of the capacity released through automation into stronger analytical capabilities, strategic risk a...
- No More Zeroes: Govt plans to extend ZED certification scheme to services sector MSMEsIn a significant move, the Indian government is widening its Zero Defect Zero Effect certification initiative to include service enterprise...
- AI Can Measure How ESG Really Impacts the Bottom LineAdvances in large language models are making rigorous sustainability analysis dramatically faster and cheaper, allowing investors and other...
- FDA suspends 43 food business licences across Maharashtra during Diwali inspectionsMaharashtra FDA took action during a special Diwali enforcement drive by suspending 43 food business licenses. Inspections were conducted a...
- IRS releases 2027 tax brackets: How new income tax rates and standard deductions for single, married and senior filers could affect your tax billTax brackets 2027: The IRS has raised all seven federal income tax bracket thresholds for 2027 and increased the standard deduction for sin...
- Rs. 400 crore of ‘cash’ that existed only on paper: Not for the first time, nor will it be the lastWhen something is wrong inside a company, the people running it know first. The auditors may sense it next. A regulator might confirm it ye...
- Lithuania changes residence permit rules, creating fresh hurdles for Indian workers and studentsIn a move to tighten immigration control, Lithuania has established new residence permit rules that pose challenges for foreign nationals, ...
- Tax reporting lapses could risk India's sovereign rating, trigger withholding tax penalties: Income Tax Principal DG Debjyoti DasSpeaking to the media on the sidelines of the 'Summit on Global Financial Compliance (FATCA & CRS)' in Mumbai, Debjyoti Das, Principal Dire...
- Why Nithin Kamath believes NRI investing in India has become easier than everZerodha CEO Nithin Kamath welcomed Sebi's simplified NRI account-opening rules, enabling eligible overseas investors to complete digital KY...
- Nitin Gadkari wants to change how India's city roads are built; after highways, he's turning his attention to engineers, quality and accountabilityNitin Gadkari has called for a national mission on urban roads, stressing better project preparation, skilled engineers and accountability....
- India’s solar components market to more than double to $7.8 billion by March 2028: CEEWIndia's market for solar module components is projected to exceed $7.8 billion by March 2028. This growth is primarily driven by increased ...
- Crazy economics gets a stop buttonAfter the US midterm elections, stock futures show a positive reaction despite ongoing economic uncertainties. Trump's legislative agenda f...
- How much will your Medicare premium rise in 2027 and how much of your Social Security raise will you actually keep?The standard Medicare Part B premium may go up by $6.60 a month next year. That is far smaller than the jump in 2026. Still, for people liv...
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