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MakeMyTrip reports gross bookings of $10.4 billion for FY26MakeMyTrip achieved record gross bookings of $10.4 billion for fiscal year 2026. Revenue also reached $1 billion for the full year. The com...- RBI discontinues investment fluctuation reserve requirement for banksThe Reserve Bank of India has discontinued the Investment Fluctuation Reserve for commercial banks. This change takes effect from May 18, 2...
- Belgian insurer Ageas eyes India growth, explores acquisitions for expansionBelgium's Ageas Group is prioritizing India's growth, aiming to break into the top 10 insurers in both life and non-life segments. The comp...
- Finance Ministry plans to broaden Actuaries Act scope beyond insurance, pensionsThe finance ministry is set to update the Actuaries Act, 2006. This will expand actuarial science to include data science and risk manageme...
- RBI's move to scrap investment buffer could lift banks' capitalBanks may soon see their capital positions improve. The central bank proposes to remove the Investment Fluctuation Reserve. This move could...
- RBI to withdraw investment fluctuation reserve requirement for banksThe Reserve Bank of India plans to remove the investment fluctuation reserve requirement for commercial banks. Existing rules already provi...
- RBI eases NPA-linked capital rules, scraps IFR buffer for banksThe Reserve Bank of India is easing capital rules for banks. A key condition linking quarterly profits to capital adequacy based on NPA pro...
- If India adopts IFRS, its voice in global market will be heard more: Hans Hoogervorst, Chairman, IASBThis will prove a boost to India since the country's economic model is based on influx of foreign capital, Hoogervorst tells ET in an inter...
- RBI asks urban cooperative banks to get ready for IFRSThe Reserve Bank today asked urban cooperative banks (UCBs) to take necessary steps to ensure smooth transition to new international accoun...
- Govt to rework A/c deviations in Indian version of IFRSThe government is exploring options to rework at least two vital accounting deviations adopted in the Indian version of IFRS.
- For IRDA, one-size-fits-all IFRS guidance a challengeThe roadmap issued by MCA requires all insurance companies to apply International Financial Reporting Standards (IFRS) starting from April ...
- 35 new standards notified, but accounting system fails to meet IFRS normsThis has defeated the purpose of migrating to the International Financial Reporting Standards, or IFRS, which proposes a uniform accounting...
- IFRS norms format for cos to be notified soonThe government on Thursday said it will soon notify the format that companies will have to follow while preparing their account books as pe...
- IFRS benefits far outweigh its setup costs: Jeremy Newman, CEO, BDOJeremy Newman, global CEO, BDO International says the benefits of IFRS will outweigh the costs of implementing the new accounting regime.
- Companies will get to use real value for tax purpose in IFRS tooThe fair value accounting of assets and liabilities under the International Financial Reporting Standards, or IFRS, will give rise to notio...
- IFRS compliance to boost M&A; bring more transparency: ExpertsDespite apprehensions about companies conforming to IFRS when declaring their earnings, experts in the field of merger and acquisition feel...
- Mid-size cos may delay switching over to IFRSGlaring differences in treating vital parts of companies’ financial statements could delay many mid-size Indian companies from actively swi...
- IFRS rules offer big biz opportunityAs corporate India prepares itself for transition to International Financial Reporting Standards (IFRS), consultancy firms, educational ins...
- 'Full convergence with IFRS is not possible for India'The Ministry of Corporate Affairs believes the current accounting standards notified under Companies (Accounting Standards) Rules, 2006 are...
- Adoption of IFRS may impact India Inc, says KPMGThe adoption of International Financial Reporting Standards (IFRS) in India, proposed from April 2011, may have a significant impact on cor...
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