The National Financial Reporting Authority (NFRA) has initiated a probe into Rajesh Exports following capital markets regulator Sebi's findings of Rs 15.5 lakh crore in revenue misstatements. NFRA chairperson Nitin Gupta also emphasised the critical need for genuine board independence in promoter-driven companies and human oversight in financial reporting, especially with the increasing integration of AI.
The National Financial Reporting Authority (NFRA) has initiated a probe into Rajesh Exports following capital markets regulator Sebi's findings of Rs 15.5 lakh crore in revenue misstatements. NFRA chairperson Nitin Gupta also emphasised the critical need for genuine board independence in promoter-driven companies and human oversight in financial reporting, especially with the increasing integration of AI.
The Union Territory administration in Ladakh has announced the establishment of an Autonomous Hill Development Council (AHDC) for each of its seven districts, significantly expanding democratic decentralisation. This move extends elected local self-governance beyond Leh and Kargil, with a proposed Union Territory-level body under a customised Article 371 framework to oversee these councils.
Marriage, childbirth, dependent parents and ageing increase the cover a person needs.
Chelsea has signed England international Morgan Rogers from Aston Villa for a reported 117 million, making him the most expensive British player. Rogers, who previously helped Villa win the Europa League, expressed excitement about joining Chelsea, a club he has always admired.
ICICI Bank has successfully raised $1 billion through a five-year senior unsecured US dollar bond, marking its first public dollar bond issuance since 2017 and the largest single-tranche US dollar bond issuance by an Indian issuer so far this year.
It is because dealing with a regulatory system that is largely headed by retired IAS officers then becomes relatively easy, points out A K Bhattacharya.
Families of five women suffering severe kidney infections after C-section deliveries at Kota's New Medical College Hospital (NMCH) have issued a 48-hour ultimatum to district authorities, demanding concrete timelines for kidney transplants. The women have undergone 32 rounds of dialysis, with families facing financial ruin and emotional distress.
The Supreme Court has directed the Uttar Pradesh government's Special Investigation Team (SIT) to submit a status report on the alleged embezzlement of donation money at the Ram temple in Ayodhya. The court also issued notice to the Shri Ram Janmabhoomi Teerth Kshetra Trust following pleas for a fair and time-bound probe, including demands for a CBI investigation and a CAG audit of the temple trust's finances.
The Supreme Court on Monday took note of setting up of a four-member SIT headed by IGP Kiran S to probe alleged embezzlement of donations at the Ram temple in Ayodhya and asked the Uttar Pradesh government to also include a forensic auditor in the probe team.
The Supreme Court, while hearing a bail plea in a murder case, made significant observations about the changing nature of society, the vulnerability of the modern generation, the impact of nuclear families, and the role of technology in child-rearing.
Wipro Executive Chairman Rishad Premji announced that clients are now integrating Artificial Intelligence (AI) into their core business processes, moving past initial pilot projects. Speaking at the company's AGM, Premji highlighted AI's role in driving innovation, efficiency, and growth, and noted Wipro's internal AI adoption has significantly streamlined operations.
The Supreme Court has questioned the conduct of Sonam Raghuvanshi, accused of killing her husband during their honeymoon in Meghalaya, suggesting she surrender and face trial. The court is also examining whether a typographical error in the arrest memo justifies her bail.
A good NEET score improves your chances of admission. But the counselling process ultimately determines which college and course you will join.
Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.
L&T Finance reported a robust Q1FY27 with net profit growing 29% year-on-year to 900 crore, driven by strong asset growth and strategic initiatives including accelerating cross-selling, improving productivity, and fostering a technology-first, AI-led culture, alongside significant expansion in gold loans.
The government introduced the SHANTI Act, 2025, to support the mission and open the sector to private participation.
As they say some doors open because of who you know, and some, it turns out, open just because of where you're from, recalls Binu Alex.
Meghalaya has shown significant progress in digital transactions and financial inclusion, recording 32.76 crore digital transactions and nearly 10 lakh Jan Dhan accounts by 2025-26. Efforts like the JAM Trinity and financial literacy programmes have expanded banking access, with a high percentage of bank account holders adopting digital modes. The next phase focuses on enhancing financial literacy and cyber resilience, especially in rural areas.
In the throes of a financial crisis, the state's ruling Congress government has little to be triumphant about as Assembly elections approach next year, points out Aditi Phadnis.
The Nirmohi Akhara has approached the Supreme Court, seeking a directive to the Centre to reconstitute the Shri Ram Janmabhoomi Theerth Kshetra Trust as a 'public trust' and include structural safeguards for oversight by seers, citing alleged large-scale embezzlement of donations.
Moody's Analytics predicts India will remain the fastest-growing major economy in 2026 and 2027, but its pace will moderate due to a global slowdown, geopolitical risks, and financial market volatility, despite the boost from AI demand.
In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.
FMCG giant Nestle India reported a significant 48.26 per cent year-on-year increase in consolidated net profit, reaching Rs 958.68 crore in the June quarter of this financial year, driven by strong volume growth and consumer trust.
Personality rights violations are increasingly being used as vehicles for financial fraud, with unsuspecting consumers misled by fabricated endorsements.
Shares of Tata group's retail firm Trent slumped over 11 per cent after its June quarter standalone revenue growth of 19 per cent to Rs 5,666 crore missed market expectations, which had anticipated a 22 per cent year-on-year increase.
The refreshed Brezza will target first-time, replacement and additional-car buyers as Maruti responds to changing preferences and intensifying competition in compact SUVs.
New financial investment funds, including Filmoney Global and CineNow, are entering the 22,000 crore Indian film business, aiming to establish Indian cinema as a new asset class for high-net-worth individuals and institutions, similar to the IPL.
The Enforcement Directorate has attached assets worth approximately Rs 112.90 crore, including a residential property in Texas, USA, in a money-laundering case. The case involves a Noida-based air-conditioner components manufacturer, LEEL Electricals Limited, and its promoters, accused of defrauding a consortium of banks led by SBI of Rs 376 crore through manipulated financial statements and siphoning off funds.
Maria Goretti details her journey of losing and rediscovering her identity, saying, 'After being home for so long, I think somewhere I lost myself. I had nothing.'
A young woman, identified as Rhiya, became a symbol of Mumbai's solidarity protests over the NEET paper leak, captured in a viral image standing with outstretched arms to stop a police van amidst heavy rain, condemning alleged police brutality against agitators in Delhi.
EPFO said the measure could substantially improve retirement outcomes with nearly half its members expected to see an increase of up to 35 times in their old-age savings.
Tax treatment depends on the activity and manner of earning income.
A Special Investigation Team (SIT) probing the alleged embezzlement of donation money at the Ram Temple in Ayodhya is expected to question people associated with the Shri Ram Janmabhoomi Teerth Kshetra Trust and review banking arrangements for donations.
Reliance Industries shares rose over 1 per cent after the company reported record quarterly core profit and EBITDA for the June quarter, driven by strong performances in its oil-to-chemicals and telecom businesses.
Police investigating the alleged embezzlement of donations at the Ram temple in Ayodhya have requested seven-day custody for two jailed accused, Ram Shankar Yadav and Subhash Srivastava. This request follows new disclosures that necessitate further verification and recovery of evidence. The court is set to hear the remand application on July 14, as investigators scrutinise financial transactions and property purchases to trace the diverted funds.
The Reserve Bank of India's Financial Stability Report indicates that the interim peace deal between the US and Iran has favourably shifted the balance of risks, reducing headwinds from the West Asia conflict. However, it cautions that exchange rate volatility could increase if crude oil prices spike due to delayed normalisation of supply chain disruptions.
Ahead of Spider-Man: Brand New Day, we rank every live-action Spider-Man movie from the critically acclaimed Spider-Man 2 to the less successful The Amazing Spider-Man 2.
Former US President Donald Trump stated that Gulf nations should reimburse the United States for safeguarding maritime traffic through the Strait of Hormuz, while asserting that recent American military interventions have profoundly crippled Iran's military capabilities, claiming Iran has been "brought back to the Stone Ages."
A 40-year-old iron trader in Kanpur, India, allegedly died by suicide due to mounting financial losses in his business. Police are investigating the circumstances surrounding his death.
