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REPRESENTATIVE OF INTERNATIONAL AUDIT FIRM
Supreme Court halts CAG audit of Delhi power discomsThe Supreme Court has put a temporary halt on the CAG's audit of Delhi's three private power distribution companies. Additionally, it order...- 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...
- 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...
- SC halts Delhi government's CAG audit of private discomsThe Supreme Court has put a hold on a CAG audit of three private power discoms in Delhi, a move initiated by the Delhi government concernin...
- RBI tells parliamentary panel that virtual digital assets like cryptocurrency a threat to economyThe Reserve Bank of India has informed a parliamentary panel that virtual digital assets like cryptocurrency pose a threat to India's devel...
- 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...
- Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take partParliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The com...
- How Agentic AI Is Growing — and how enterprises can make the best of itEnterprise software has spent the last two years shifting from AI that answers to AI that acts. Agentic AI - systems that plan multi-step w...
- Stock traders' alert: When income tax audit becomes mandatory for AY 2026-27Stock market traders, especially those involved in intraday and F&O trading without a registered business, need to understand tax audit rul...
- Apple iPhone 18 Pro supplier list, parts and photos exposed in Tata data leakSensitive data, including component lists and photos of upcoming iPhone 18 Pro models, has been leaked onto the dark web by a ransomware gr...
- Treat administrative data as national asset: PK MishraIndia's administrative data should be treated as a national asset to enhance policymaking and service delivery, according to Principal Secr...
- BLOs are pillars of our democracy: CEC Gyanesh KumarChief Election Commissioner Gyanesh Kumar lauded Booth Level Officers in Budgam as "pillars of our democracy" during his visit. He emphasiz...
- India leads major democracies in electoral transparency: CEC Gyanesh KumarIndia's electoral process is the world's most transparent, with every stage audited by political parties and candidates, stated Chief Elect...
- Big Four rethink partnership as AI changes the gameIndia's Big Four accounting firms, Deloitte, PwC, and EY, have surpassed 1,000 partners each, driven by rapid expansion, especially in tech...
- 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...
- 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...
- 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...
- 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...
- Will the ITR filing deadline for AY 2026-27 be extended? Here's what taxpayers need to knowTaxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's tec...
- 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. ...
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