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.
India SME Forum, an organisation for small and medium businesses, has called for creating a dedicated fund of Rs 5000 crore for the export capacity development, promotion, and marketing of Micro, Small & Medium Enterprises (MSMEs) in its Budget recommendation. The forum for MSMEs with over 98,000 members said that to enhance India's global competitiveness and increase its market share in global exports, it was "crucial to increase the number of active exporters and enable at least 3-4 lakh first-time micro, small, and medium exporters while supporting them in promoting Indian products globally."
The actor, who has been in the US with his family for the past one month, said he will face the allegations legally and his lawyers will take care of the proceedings in the cases against him till he returns.
Paralympic star Kumar Nitesh cites BAI apathy, wants badminton to be placed under PCI as para shuttlers needed to be treated on par with their able-bodied counterparts.
'Healthcare is not an industry.' 'The government is only encouraging insurance as they are not able to provide healthcare to people.' 'Opening new medical colleges is not what is needed.' 'You have to invest in public sector hospitals.' 'You cannot hand over healthcare to the private industry.'
'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'
'These allegations need to be treated with utmost seriousness.'
While the north district will get 346 Closed Circuit Television cameras, the central district will be allotted 354 cameras, officials said.
The fallout from the Justice K Hema Committee report on harassment and abuse in the Malayalam film industry intensified on Monday as a case was filed against well-known filmmaker Ranjith, and several female actors stepped forward with disturbing accounts of the mistreatment they faced at the hands of their various male counterparts.
'His hopes and dreams for India reach higher and higher and are unstoppable, and his execution has been exemplary.' 'It inspires all of us to do more.'
As a consequence of prominence given to the brutality during those few days, a very important aspect of that episode got almost glossed over. This was the intervention by a very significant section of people who restored faith in humanity, and conveyed the message that only a small section of Indians, that too politically backed, were consumed by anti-Sikh majoritarianism. The overlooked facet of the events of 1984 was the story of significant sections of the city's populace, public figures and nondescript ones, stepping out hand-in-hand, to first stand with little but bravery in hands, in the way of attackers, and thereafter to provide immediate relief to those who lives were uprooted and who lost family members in the violence, recalls Nilanjan Mukhopadhyay.
As pressure mounted, the CPI-M-led Left Democratic Front seemed to be supporting Mukesh, taking a cautious wait-and-watch stance.
TVS Motor Company met expectations in terms of revenue and posted a strong margin performance in Q1FY25. The key drivers were material cost savings and a better mix. The domestic demand outlook looks good with a rural rebound but geopolitical uncertainties in key export markets may dent overall growth.
Breaking his silence over the matter, Vijayan on Tuesday sounded tough and said a high-level probe by a top-ranking officer would be held into the charges raised by the MLA.
India and Canada have mutually beneficial political and economic linkages. The two countries should get together and find a solution. The expulsion war should, in the meantime, be a guarantee against any deterioration of the situation, asserts Ambassador T P Sreenivasan, the first Indian head of mission to be ever expelled by any country.
'If their allocation to certain segments have become high due to strong returns over the past three-four years, they should rebalance their portfolios and bring them in line with their long-term asset allocation.'
Haryana has done well in terms of economic growth over the last couple of decades. For it to continue to lead the growth ladder, the new government has to work hard on multiple dimensions, recommend Shishir Gupta and Rishita Sachdeva.
The Delhi Hotels and Restaurant Owners Association, which has more than 3,000 budget hotels and restaurants as members in the national capital, has written to the Confederation of All India Traders (CAIT) informing about the decision and the grouping's full support to CAIT's boycott Chinese goods campaign.
India should encourage the second coming of SAARC with climate change as an urgent agenda and keeping Indian security concerns in mind as the subtext, suggest Lieutenant General Ashok Joshi (retd) and Colonel Anil Athale (retd).
'So, we would work with our members to ensure that we as an SRO create some sort of due diligence for fintechs.'
'It has changed the political character of India by ejecting socialism as an ideology from the Constitution of India.'
If CAS rules in Vinesh's favour, she will be awarded a joint-silver in the women's 50kg freestyle category.
Vinesh Phogat's appeal against her disqualification from the Olympic finals, this time till August 16, prolonging the Indian wrestler's wait for a resolution.
Vinesh has now appealed to the CAS, the apex body to settle disputes related to sport through arbitration, who will return with a verdict tomorrow
The government proposes to cut custom duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 10 per cent to nil.
The transformation of the Modi-Shah baiting Hardik Patel into saffron poster boy.
'Traders must adopt digital payments as soon as possible within a set timeframe, as the nation is moving rapidly towards digitisation.' 'Ignoring digital systems is not an option for strengthening trade.'
Images from Day 2 of the 3rd Test played between India and New Zealand, in Mumbai, on Saturday.
Mumbai's historic tryst with the Lord of Wisdom began at the Keshavji Naik Chawl in 1893.
'The markets will correct, and they are bound to correct. The boom will turn into bust.' 'When this bust happens, people would lose like they have lost in the past.' 'Whatever you have made possibly in the last couple of years, you may lose in a couple of weeks. That's very much possible.'
With India's market capitalisation surpassing the $3-trillion mark, stocks across the board are adding heft. The upper limit for qualifying as a mid-cap stock -under the Securities and Exchange Board of India's (Sebi's) definition for mutual fund reclassification - has hit an all-time high of $5.4 billion. In 2013, amid the taper tantrum sell-off, it had dropped to just $1 billion, shows an analysis done by ICICI Securities.
There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.
Households are likely to remain the primary net lenders to the economy in the coming decades.
'He is the only president, the only American politician, who had the guts to stand with Hindus.'
With concern on food inflation ebbing with the monsoon progressing well, the Reserve Bank of India (RBI) is warming up to the idea of a change in stance to "neutral" from "withdrawal of accommodation", according to economists. In his speech on Thursday during the annual event of the Federation of Indian Chambers of Commerce and Industry-Indian Banks' Association, RBI Governor Shaktikanta Das said: "The balance between inflation and growth is well-poised."
When it comes to the Congress and Wayanad, the only way the scepticism in the minds of some in Kerala may be addressed is by the Gandhi family proving that they are more than a passing caravan in town, reports Shyam G Menon.
The CJI emphasized through the lives of the members of the bar, who fearlessly espouse those causes, "the flame of liberty burns bright even today".
A sojourn in Seoul, one of Asia's largest metropolises, where the ultra-modern coexists with the ancient -- temples and palaces with futuristic skyscrapers climbing to the stratosphere, K-pop with Buddhism, a village within city limits.
Modi, who arrived in Warsaw on the first leg of his two-nation visit during which he will also travel to Ukraine, paid his tributes at the memorials for the Valivade-Kolhapur camp and the Monument to the Battle of Monte Cassino in Warsaw.
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