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AUDIT PROCEDURES
Consumer groups oppose Trai plan to scrap advisory panel for telecom complaintsConsumer advocates are pushing back against the telecom regulator's plan to eliminate the advisory committee for complaint appeals. They ar...- Centre announces Rs 95,692 crore interim allocation under VB-G RAM GAnnouncing a significant investment of over Rs 95,000 crore, the Centre is launching the VB-G RAM G scheme, effectively taking the place of...
- Lawyers welcome SC’s AI rules against ‘algorithmic justice’The Supreme Court has released a draft framework for AI in courts, aiming to balance innovation with judicial safeguards. The proposed regu...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- OSM system backed by secure, robust IT platform, says CBSEThe CBSE has defended its On-Screen Marking System, calling it secure and robust. This comes amid controversy over a contract awarded to a ...
- Delhi SIR: National capital to undergo Special Intensive Revision of voter rolls starting June 20Delhi's voter list revision starts June 20. Electors will get forms for verification. Booth Level Officers will visit homes. Names of absen...
- US Market: Fed, FDIC push leaner, risk-focused bank supervisionUS financial regulators are enacting significant changes to bank oversight, moving away from detailed paperwork towards focusing on "materi...
- Senate CLARITY Act vote today: Can Congress finally end SEC crypto chaos with historic U.S. crypto regulation bill?The CLARITY Act markup vote, scheduled for May 14, 2026, marks the most significant Senate action on crypto market structure in U.S. histor...
- Baramati plane crash reason: Why did the Redbird Flight aircraft crash near the spot where Ajit Pawar died?A trainer aircraft operated by Redbird Flight Training Academy crash-landed near Baramati airstrip on Wednesday morning. The aircraft devel...
- Fake income tax emails target Indians: Kaspersky warns of ‘SilverFox’ hacker attackCybersecurity firm Kaspersky has warned Indian consumers about a sophisticated phishing campaign by the SilverFox hacker group. These malic...
- India's urban transformation must be backed by accountability: CAG at BRICS SAI SummitDuring the BRICS Summit in Bengaluru, K Sanjay Murthy, India's chief auditor, emphasized the urgent call for heightened accountability in u...
- EPFO overhauls PF trust rules: Risk-based audits, 2% interest cap on exempted establishmentsNew rules are set for companies managing their own provident fund trusts. Mandatory annual audits are replaced by a risk-based system. Inte...
- IndusInd's ex-CFO files Rs 70-cr suit over wrongful terminationFormer IndusInd Bank CFO Gobind Jain has filed a ₹70-crore lawsuit against the bank in the Bombay High Court, alleging wrongful termination...
- Healthcare isn't a luxury: Balancing private equity growth with patient affordability in IndiaPrivate equity has boosted India’s healthcare capacity and efficiency, but rising costs and premiums risk limiting access. Strong regulatio...
- Audit watchdog to split disciplinary & probe functions, set up 4 divisionsThe National Financial Reporting Authority (NFRA) is restructuring its operations by creating separate wings for investigation and discipli...
- Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SCThe Supreme Court is pushing for a resolution for 22,000 Unitech homebuyers. The court wants suggestions from the new board, banks, and fin...
- When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
- Chip, chip, chipping away: Are GoI & Election Commission rewriting poll rules unilaterally and putting democracy in peril?A proposed change to Lok Sabha seats and issues with voter roll revisions raise concerns. Independent institutions, like the Election Commi...
- ICAI expands mandatory applicability of audit quality evaluation matrixThe Institute of Chartered Accountants of India is expanding its audit quality model. This now includes firms auditing subsidiaries of list...
- 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...
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