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GOVERNMENT ACCOUNTING STANDARDS ADVISORY BOARD
CAG asks states to disclose off-budget borrowings in A/CsIndia's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlig...
Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...
Sebi drops proceedings against Prime Focus in misleading financials caseSebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business tr...
NEET re-test nears amid admit card glitches, refund queriesCandidates are facing challenges downloading NEET-UG 2026 re-examination admit cards. The National Testing Agency is working to resolve tec...
Centre mandates prescription for syrup-based medicinesChemists must now have a doctor's prescription to sell cough syrups. The government has changed the Drugs Rules, 1945. This stops over-the-...
Govt ends over-the-counter sales of all 'syrups'; mandates doctor's prescription for purchaseThe Union Ministry of Health and Family Welfare has mandated that all syrups, including cough syrups, are now prescription-only. This new r...
Rupee hits five-week high, ends at 94.71 vs USD on easing Mideast tensionsThe rupee rose 40 paise to close at 94.71 against the US dollar, hitting a five-week high as easing geopolitical tensions in West Asia boos...
Apollo Hospitals taps Shobana Kamineni to chair soon-to-be listed Healthtech unitApollo Hospitals is appointing Shobana Kamineni as executive chairperson of its upcoming medical equipment business, Apollo Healthtech. Thi...
Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
CAG flags shortcomings at Social Audit Unit of Assam; suggests corrective measuresAssam's Social Audit Unit is struggling with significant operational and governance issues. A CAG report reveals its registration expired f...
WFH 2.0 in Gurgaon? Haryana wants companies to adopt work from home to beat traffic, save fuelHaryana urges private firms to embrace work-from-home and staggered schedules to combat traffic congestion and rising fuel costs. This init...
29 years after Uphaar fire, the victims' association presses for special law on negligence-driven disastersMarking the 29th anniversary of the Uphaar cinema fire tragedy, the Association of Victims of Uphaar Tragedy (AVUT) on Saturday intensified...
Maggi plaint based on an unverified account, says Nestle IndiaNestle India has denied allegations of infestation in Maggi noodles circulating on social media. The company stated the claims stem from an...
Government scraps licensing rule for vehicle safety technologyIndia has taken a bold step by deregulating key radio frequencies, paving the way for innovative advancements in self-driving and collision...
FSSAI asks food businesses to stop using metallic pins, wires in packagingThe FSSAI has issued a strict directive to all food business operators. They must immediately cease using metallic pins and wires for packa...
Tata Sons board meets to approve FY26 accountsThe Board of Tata Sons convened to approve annual accounts and dividend for FY26. Key figures including Group Chairman N Chandrasekaran and...
Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
Nestlé India rejects infestation allegations involving MAGGI noodlesNestlé India has denied claims of infestation in Maggi noodles circulating online. The company states that tests on product samples confirm...
Portfolio management services explained: How PMS works, its types, costs, and who should investIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...