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AUDIT SECTOR ACCOUNTABILITY
India-UK FTA: Pharma industry flags regulatory priorities ahead of July 15 rolloutIndustry stakeholders expect stronger trade, investment, and research partnerships but say implementation clarity will determine the pact’s...10 Jul, 2026, 01.13 PM IST- Cost of free alerts: RBI’s SMS order may dent banks’ income by Rs 300 croreBanks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as...08 Jul, 2026, 03.47 PM IST
- Big 4 scores a win as ICAI pauses 'global networking norms'The Institute of Chartered Accountants of India's networking guidelines have been put on hold. Influential Big 4 firms lobbied the governme...08 Jul, 2026, 12.36 AM IST
- Death in a vial: Five cases lay bare many uncomfortable truths about Indian healthcareFive young mothers in Kota died after childbirth, with suspicion falling on oxytocin injections. Investigations revealed the vials containe...05 Jul, 2026, 08.32 AM IST
- Can India govern AI it does not own? RBI’s model risk framework and its limitsRBI's new AI governance rules for banks place significant accountability on financial entities for all predictive models, including third-p...03 Jul, 2026, 09.15 PM IST
- Indian officials to testify before US Trade Representative to counter tariff moveIndia is set to strongly contest proposed US tariffs next week, arguing that allegations of forced labour are legally unsound and will harm...03 Jul, 2026, 06.46 PM IST
- EU's CBAM poses major compliance challenge for Indian MSMEs; Experts seek urgent government supportIndian MSMEs are struggling with the EU's Carbon Border Adjustment Mechanism, facing compliance hurdles due to a lack of financial and tech...03 Jul, 2026, 02.57 PM IST
- Delhi govt orders CAG audit of power discoms over regulatory assets issueDelhi's power discoms are facing a CAG audit following a massive Rs 38,500 crore in accumulated Regulatory Assets. The Delhi government ord...02 Jul, 2026, 01.23 PM IST
- Why CDSCO and BEE have not kept pace with the industries they overseeCDSCO still faces challenges like chronic understaffing, gaps in technical skills, weak lab infra and fragmented approvals. About a decade ...02 Jul, 2026, 01.21 AM IST
- 8th Pay Commission: Key deadline ends today; why this step is important for central government employees’ salary hikeCentral government departments must submit pay revision data for the 8th Pay Commission by today, June 30, 2026. Submissions are strictly o...30 Jun, 2026, 05.23 PM IST
- UP RERA issues show-cause notices to 76 realty promoters for failing to upload annual audit reportsUttar Pradesh RERA has taken a firm step by issuing show-cause notices to 76 project promoters for neglecting to provide their annual audit...28 Jun, 2026, 12.50 PM IST
- Treat internal financial controls as business necessity, not as compliance burden: ICAI officialStrong internal financial controls are crucial for businesses, not just for compliance, according to the ICAI President. He emphasized that...27 Jun, 2026, 03.24 PM IST
- Make Indian auditors less of an oddityIndia's ambition for a globally competitive audit sector faces hurdles, with local firms struggling to match multinational rivals. While pr...25 Jun, 2026, 11.00 PM IST
- EY, KPMG, Deloitte among top 10 auditors by number of companies audited in FY26India’s audit market in FY26 remained dominated by large firms, with EY, KPMG and Deloitte leading by audit volume and market capitalisatio...25 Jun, 2026, 01.59 PM IST
- Big Six tighten grip on India's audit market despite mandatory rotationDespite mandatory auditor rotation, India's largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Gra...25 Jun, 2026, 05.30 AM IST
- India, Israel sign MoU to strengthen cooperation in public sector auditingIndia's Comptroller and Auditor General and Israel's Supreme Audit Institution have inked an MoU to boost public sector auditing cooperatio...24 Jun, 2026, 08.32 AM IST
- CAG, Israel's apex audit body ink info exchange pactIndia's CAG and Israel's State Comptroller have inked a pact to boost public sector auditing through knowledge sharing and best practices. ...23 Jun, 2026, 05.00 PM IST
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