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INTERNATIONAL FINANCIAL REPORTING STANDARDS
TRAI proposes board-approved AI policies, risk classification and mandatory incident reporting for telecom operatorsTRAI has proposed draft guidelines requiring telecom operators using AI to adopt board-approved policies, classify AI systems by risk and r...
ICAI to issue guidance note on new audit reporting framework for multi-state cooperative societiesICAI is set to release a guidance note on the new audit reporting framework for multi-state cooperative societies. The cooperation ministry...
From bankruptcy to a workplace reset: WeWork CEO explains dress code, work-from-home rules helped rebuild work culture in companyIn a fresh initiative, John Santora has rolled out a dress code for employees who work from home one day per week. This strategic change ai...
Sun Pharma ordered to halt eye drug production at Assam plant over quality lapses: ReportIndian regulators have ordered Sun Pharmaceutical Industries to stop manufacturing ophthalmic products at the Assam facility. This decision...
Finmin pegs Q2 expansion at 7.35%,flags capital pressure over US yieldIndia’s economy is estimated to have grown 7.35% in the September quarter, supported by strong industrial output, GST collections, energy u...
Microsoft buyouts 2026: Which teams qualify, which departments are excluded and how many MSFT employees are eligible for the voluntary exit offer?Microsoft is offering voluntary buyouts to around 60,000 employees across the US, UK, India and Canada. Find out which teams qualify, which...
Microsoft is offering buyouts to 60,000 workers: How US employees can calculate their potential severance payMicrosoft is offering voluntary buyouts to around 60,000 eligible employees, with severance payments varying by job level and years of serv...
US Market: Rising Treasury yields put US banks under pressure over bond lossesRising US Treasury yields are deepening unrealised losses in American banks’ bond portfolios, forcing lenders to weigh immediate losses fro...
India's markets regulator Sebi weighs domestic AI model for securities trading, chairman saysIndia's Securities and Exchange Board is initiating an AI supervisory system aimed at bolstering risk management strategies in the securiti...
Agentic AI can cut banks' transaction monitoring workload by up to 50%, improve compliance quality: McKinseyBanks could reduce the human effort required for transaction monitoring investigations by 30-50% by deploying agentic artificial intelligen...
UDAN Yatri Café at Delhi’s IGI Airport: Tea at Rs 10, coffee at Rs 20, snacks at Rs 20 and what else is on the menu?Delhi’s IGI Airport has a UDAN Yatri Café in Terminal 3’s check-in area, offering tea for Rs 10, coffee for Rs 20 and selected snacks and s...
Lula's re-election revives Brazil-US tensionsUS President Donald Trump has expressed doubts about the legitimacy of elections won by Brazilian President Luiz Inacio Lula da Silva. This...
India hosts CIML meet for first time; Khare pushes for globally harmonised measurement normsIndia is hosting the 61st meeting of the International Committee of Legal Metrology, which focuses on global measurement standards. Consume...
British investor Baillie Gifford fund marks down Dailyhunt parent amid revenue pressuresThe Schiehallion Fund pegged the fair value of its 1.3% holding in VerSe Innovation at $7.47 million, according to its portfolio disclosure...
Microsoft offers exit packages to India staff amid $20.5 billion AI pushWhile the company has not given specifics of the number of people who shall be covered through this programme, there are around 60,000 empl...
Asia-focused banks face bond market risks ahead of Q3 earningsAsia-focused banks face mounting pressure from rising bond yields, inflation and currency volatility ahead of third-quarter earnings. HSBC,...
Ind AS 118: India Inc gears up for big changes to financial reportingIndia’s largest companies are preparing for the implementation of Ind AS 118, which may impact financial reporting. Changes include new cla...