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ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...
India’s GDP expands 7.7% in FY26; Q4 growth at 7.8%India GDP Data Key Insights Q4 FY26: India's economic growth saw a slight dip to 7.8 percent in the fourth quarter of fiscal year 2026. The...
RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: EconomistsRetail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the R...
Cyber Alert: Companies rush to fortify systemsRubrik, Securonix and Proofpoint reported shorter sale cycles, demand for additional disaster recovery locations and stronger digital ring ...
Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
India to use AI to protect consumers from money mule banking cyber fraud, announces Home Minister Amit ShahIndia will now use Artificial Intelligence to fight money mule banking cyber fraud. The Home Minister announced a partnership between the I...
Gold loan fintech companies build own loan books as RBI tightens normsGold loan fintech startups are pivoting from loan sourcing to building their own loan books due to tightened RBI regulations. Companies lik...
SFIO widens probe into IndusInd Bank; summons audit firms over ₹2,000 crore derivatives irregularitiesThe Serious Fraud Investigation Office is investigating IndusInd Bank's derivatives portfolio. Major audit firms associated with the bank o...
A loan you never took; How PAN fraud is wrecking credit scores in India and what you should do to protect yourselfIndians are facing a new threat: PAN-based loan fraud. Criminals are using stolen PAN details to take out loans without consent. This is da...
Supreme Court rules no personal hearing needed before declaring bank account as fraudThe Supreme Court has issued a pivotal directive concerning the classification of bank accounts as fraudulent, opting not to allow personal...
Iran war shock: Middle East conflict could cut 1 ppt from India’s FY27 GDP outlookIran War: A persistent Middle East conflict could reduce India's real GDP growth by 1 percentage point and increase retail inflation by 1.5...
India to remain among fastest-growing major economies even as growth may moderate in FY26: EYIndia's economic growth is anticipated to slow down in the current fiscal year due to global uncertainties and domestic factors. To maintai...
SRBC, part of EY India, resigns as auditor of IL&FS citing RBI regulationsThis comes on the heels of a report by the audit regulator, National Financial Reporting Authority (NFRA) which, in its audit quality revie...
Ban on Batliboi not fair, EY tells RBIThe firm has made representations to the RBI about the unfairness of such a ban and sought a relaxation of its stance, one of the people ci...
RBI ban on SR Batliboi & Co may impact audit of large lendersThe central bank’s action against Batliboi on Monday came after it found several lapses in the audit report of Yes Bank, said a person priv...
AMFI to discuss risk management report in board meetingSebi had issued a set of risk management guidelines for all the fund houses in 2002 itself. Still, the regulator wants to revisit those gui...
Stress loans would rise if banks don’t improve due diligence processThe bad loans are expected to rise in the next two to three years unless banks improve their due diligence and weed out the inefficiencies ...
- RBI report well-timed ahead of new banking licence norms: Ashvin Parekh, E&Y
'The one good thing about the report, and the working group seems to have deliberated on this quite well, is that there are two sets of cro...