The National Financial Reporting Authority (NFRA) will invite public comments on the revised International Standard on Auditing 600 (ISA 600) proposed to be adopted by publicly listed companies and non-public-sector banks, sources close to the development told Business Standard. The decision to take this "graded approach" for the adoption of the ISA, which is meant to rein in auditors often found hiding behind the audit reports signed off by subsidiary companies, was taken at a meeting of various financial sector regulators at NFRA's board meeting on Monday (August 26). The idea behind upgrading the Standards of Audit 600 currently followed by Indian auditors to ISA 600 is to plug current gaps, which have led to major audit lapses in the recent past.
A doctor should not use an unusually large signboard and write on it anything other than his name, qualifications, titles, specialty or registration number, the National Medical Commission (NMC) has suggested, saying his prescription papers should also have the same contents.
"Change in Indian sport will only happen if mandated. A law is necessary in India. A good step by @IndiaSports & @vijaygoelbjp to suspend IOA," he further tweeted.
Criticising Duncan Fletcher's coaching reign between 2011-15, former India captain Sunil Gavaskar has said that work ethic during the Zimbabwean's tenure was "pretty abysmal" as players reported late in practice sessions.
He could have blazed a trail that few Indian judges had. It was a missed opportunity of a lifetime, notes Ramesh Menon.
The Supreme Court on Monday suggested that Parliament should seriously consider bringing an amendment to the Protection of Children from Sexual Offences (POCSO) Act for substituting the term 'child pornography' with 'child sexual exploitative and abuse material' with a view to reflect more accurately the reality of such offences.
Prime Minister Narendra Modi urged CEOs of US majors to take advantage of India's growth story as the country is making all efforts to become the third largest economy of the world in his third term. India is currently the fifth largest economy of the world after the US, China, Germany and Japan with a GDP of around $3.9 trillion. India has been the fastest growing large economies of the world with GDP growth rate of over 7 per cent for the last three consecutive years.
Facing an expulsion recommendation in the "cash-for-query" row, TMC leader Mahua Moitra dismissed the Lok Sabha ethics committee's decision as a "prefixed match by a kangaroo court," and termed it a "death of parliamentary democracy".
The use of unmanned aircrafts in the fight against terrorism is "legal, ethical and wise", the White House has said, defending the decision of the Obama administration to use drones as a key tool against Al Qaeda terrorists. "We have acknowledged that sometimes we use remotely piloted aircraft to conduct targeted strikes against specific Al Qaeda terrorists in order to prevent attacks on the United States and to save American lives," White House Press Secy Jay Carney said.
Rohit has earned laurels in white-ball cricket, and his impressive tally speaks volumes about his prowess in limited-over cricket.
In two years, the start-up Overqualified Housewives has helped over 6,000 women across India find flexible-job roles across India from salaries ranging between Rs 8,000 to Rs 80,000, making them financially independent.
The Supreme Court on Wednesday sought a reply from the Lok Sabha secretary general on Trinamool Congress leader Mahua Moitra's plea challenging her expulsion from the Lower House.
BCCI president N Srinivasan should thank the Almighty that Gurunath Meiyappan is not his son!
The Broken News 2 is worth watching because of Jaideep and Shriya's fabulous acting, recommends Namrata Thakker.
'This is an unfortunate compromise of ethics. Something that was termed 'illegal' and 'unconstitutional' by the Supreme Court has been turned 'legal'
The public has a "full right to know" the contents of the ethics investigation into the bidding process for the 2018 and 2022 World Cups, FIFA executive committee member Prince Ali bin Al Hussein of Jordan said.
'We have worked day and night for this moment because seeing the medical condition, there are a lot of things that are going on and regular training and exercises are a very big challenge with our medical condition.'
According to the agenda papers circulated by the Lok Sabha Secretariat, Ethics Committee chairperson Vinod Kumar Sonkar will lay on the table of the House the panel's first report.
Preparing for the XAT requires a balanced approach, focusing on conceptual understanding, regular practice, and strategic planning, says Rahul K Shukla, convenor, XAT and admissions, XLRI-Xavier School of Management.
While the cause itself is undoubtedly worthy of attention, the method employed raises concerns about the dangers of misinformation and the responsibility of news outlets in our information age.
The leaders of the Opposition INDIA bloc are meeting on Monday morning ostensibly to redraw their strategies to take on Prime Minister Narendra Modi-led BJP both inside the Parliament and in the electoral arena.
'Silence is the convention. Silence is appreciated. Silence is practical and silence is rewarded.' 'This is how sexual harassment in showbiz is normalised.'
Opposition members of the Lok Sabha ethics committee on Thursday stormed out of a meeting along with Mahua Moitra, accusing the panel's chairperson of asking the Trinamool Congress MP personal and unethical questions.
Industry body Nasscom on Wednesday said it has formed a corporate governance and ethics committee to prevent Satyam-like incidents in future.
Asokan said Ramdev went against the medical profession by saying "modern medicine is a stupid and bankrupt science".
The IOC said it would not organise the tournament in 2028, leading to fears the sport might be excluded from future Games.
Pant will reclaim his captaincy role for the Delhi Capitals in the upcoming Indian Premier League season.
The Bombay high court on Friday quashed the amended Information Technology rules aimed at identifying through a fact checking unit "fake and false" content against the government on social media platforms, holding it as unconstitutional.
The IOC says the IBA is a discredited organisation, mired in financial opaqueness and compromised by ties to the Russian leadership.
A true legend of the game who paved the way and taught so many of us how to be as a player and as a person.
FIFA president Sepp Blatter, already facing a criminal investigation from Swiss prosecutors, may now come under scrutiny from his organisation's own ethics investigators if they find evidence of potential wrongdoing, according to FIFA's ethics procedure.
In their dissent notes, the opposition members alleged that the inquiry process is a "farce" and a "proverbial kangaroo court".
'Whoever is questioning the government on the Adani issue is being harassed'
'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'
Payal Tak, CEO of Telesis Corp, a US-based company providing IT services to the US government, will start academic courses for call centre employees.
'Despite your physical absence, your essence, the person you were, and the invaluable lessons you taught us linger in our hearts. Your teachings on ethics, hard work, pursuing dreams, and, most importantly, being a good person resonate with us.'
New Zealand's women's team said their training session on Monday had been disrupted by a drone flown by a staff member of their opening Group A opponents Canada.
Many Indian designers are embracing sustainable fashion practices and the results are gorgeous.
Cristiano Ronaldo has been suspended for one match after appearing to make an obscene gesture following Al Nassr's 3-2 win over Al Shabab, the Disciplinary and Ethics Committee of the Saudi Football Federation (SAFF) said on Wednesday.
Ahead of the Lok Sabha polls, the Election Commission on Friday asked parties and their leaders to refrain from seeking votes on the basis of caste, religion and language, and not insult the devotee-deity relation or make any suggestion of a divine censure.
