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ACTUARIAL AND ACCOUNTING FUNCTIONS
IRDAI proposes Ind AS financial reporting for insurers from April 1; check what policyholders should knowIndia's insurance regulator, IRDAI, is proposing a significant shift in financial reporting for all insurers. Starting April 1, 2026, insur...- Reshaping India’s insurance landscape: How Ind AS 117 presents an opportunity for transformationIndia’s insurance industry is at a turning point. With Ind AS 117 set to align financial reporting with global standards, insurers have a c...
- GCCs evolve beyond IT, ramp up hiring for specialised techGlobal Capability Centers (GCCs) are evolving beyond IT functions, prioritising innovation and domain expertise. Hiring for specialised tec...
- IndAS117: Challenges and opportunities for Indian insurersThe implementation of IndAS117 has cost the insurance industry around $20 billion. Although challenging, it promises enhanced transparency ...
- Myth Debunking 101: Long tenure means more job securityJob security now depends more on adaptability and continuous learning than staying long in one company. Industries like healthcare, technol...
- Indian deposit insurer way behind global peers in processing reimbursements: RBI Deputy GovernorRBI deputy governor Michael Patra highlighted that India's deposit insurer DICGC lagged behind international counterparts in processing rei...
- Class of 2024: AI to agriculture, job aspirants have a wide menu to choose fromFreshers are more in demand for certain jobs than experienced personnel. Business analysts, chartered accounts, cybersecurity analysts and ...
- Irdai proposes to tighten norms for media campaigns by insurersUnder the proposed amendment, each insurer will be required to constitute an advertisement committee comprising at least three members mand...
- SGX Nifty up 40 points; here's what changed for market while you were sleepingNifty50 climbed for the fifth session on Thursday and closed above the 13,700 mark, a day after breaking out of a crucial resistance level.
- Banking sector has capability to meet credit needs for 8% GDP growth: Rajnish Kumar, SBISBI credit cost should be brought down to anywhere between 1.2% and 1.5%.
- Meet VP Joy, the man trying to give EPFO a more worker and employer-friendly face"We have many legacy issues. We are working hard to modernise and digitise our operations," says VP Joy, chief PF commissioner.
- EPFO settles 1.08 crore claims till January end this fiscalRetirement fund body EPFO settled 1.08 crore claims, including PF withdrawal and transfer, during April-January period this fiscal and 90 p...
- Arundhati Bhattacharya to Archana Bhargava: A look at women achievers in PSU banksThere is no magic formula for their success, but there is one key contributing factor — the family support.
- No vertical limits: BPOs widen sectoral reachLarge BPO firms are widening their vertical or sectoral expertise to cater to the changing demands of the outsourcing industry.
- IRDA gives clean chit to LIC in transfer of profits caseInsurance Regulatory and Development Authority (IRDA) on Friday gave a clean chit to Life Insurance Corporation of India, the largest insur...
- Just merge it with NPSWorkers will have the freedom to invest more than the contribution rate, if they want a higher pension income.
- CAs to be barred from non-audit workThe government will prevent chartered accountants (CAs) from offering consultancy and advisory services to the companies which hire them fo...
- Lip service bad for Ulips, says Irda chiefIrda chairman J Hari Narayan said misselling of Ulips continues to be an issue, though there has been a marginal drop in the number of comp...
- Corporate India braces up to face pension liabilitiesThe pension liabilities, which corporate houses and banks have to provide for in their books from the end of this fiscal year, are set to v...
- Disclose expense ratios for grater transparency:IRDATo promote greater transparency, the insurance regulator wants companies to disclose their expense ratios.
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