News for 'PW'

Phase out universal subsidies: ADB-PwC study to 16th FC

Phase out universal subsidies: ADB-PwC study to 16th FC

Rediff.com16 Feb 2026

Governments should move away from universal subsidies towards tightly targeted transfers, backed by stricter eligibility norms, sunset clauses and periodic audits to curb leakages and improve spending efficiency, a joint study by Asian Development Bank and PwC has recommended.

Exam Cheating Ring Busted in Uttar Pradesh: How Fake Disability Certificates Were Used

Exam Cheating Ring Busted in Uttar Pradesh: How Fake Disability Certificates Were Used

Rediff.com26 Mar 2026

The Uttar Pradesh Special Task Force (STF) has dismantled a gang involved in facilitating cheating in competitive exams by using forged disability certificates and arranging illegal scribes.

Uttar Pradesh STF Uncovers Exam Cheating Racket Using Forged Disability Certificates

Uttar Pradesh STF Uncovers Exam Cheating Racket Using Forged Disability Certificates

Rediff.com26 Mar 2026

The Uttar Pradesh Special Task Force (STF) has dismantled a gang involved in facilitating cheating in competitive exams by using forged disability certificates and arranging scribes in violation of regulations. Nine individuals have been arrested in connection with the scam.

Supply chains face stress test amid trade shifts: PwC India

Supply chains face stress test amid trade shifts: PwC India

Rediff.com17 Nov 2025

Supply chains are evolving from operational backbones to strategic growth enablers for organisations, though they remain underleveraged and struggle for recognition at the executive level, a report by PwC India said. The survey highlighted that recent developments in the trade and tariff landscape represent both a stress test and a strategic inflection point for supply chains.

India second-most preferred investment destination for CEOs: PwC survey

India second-most preferred investment destination for CEOs: PwC survey

Rediff.com21 Jan 2026

India is the second-most-preferred destination among chief executive officers planning international investments - up from the fifth spot last year, according to PwC's 29th Annual Global CEO Survey released on Tuesday. The United States is their first choice.

The Last Date To Register For JEE Advanced 2026 Is...

The Last Date To Register For JEE Advanced 2026 Is...

Rediff.com23 Apr 2026

The last date for candidates who qualified JEE Main 2026 to register for JEE Advanced is May 2, 2026. Fee payment should be completed by May 4, 2026 to be eligible for the exam.

Shashank Jain to Take Over as Brookfield India REIT CEO

Shashank Jain to Take Over as Brookfield India REIT CEO

Rediff.com31 Mar 2026

Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) and Managing Director of the firm managing the REIT, effective July 1.

Delhi Court: Prosecution Fails to Prove Forced Marriage of Minor

Delhi Court: Prosecution Fails to Prove Forced Marriage of Minor

Rediff.com20 Mar 2026

A Delhi court acquitted six individuals accused of kidnapping and forcing a minor girl into marriage, citing the prosecution's failure to prove the girl was taken from lawful guardianship or coerced into marriage.

Accused Acquitted as Witnesses Turn Hostile in Delhi Attempted Murder Case

Accused Acquitted as Witnesses Turn Hostile in Delhi Attempted Murder Case

Rediff.com19 Mar 2026

A Delhi court acquitted a man accused of attempted murder after key witnesses turned hostile and failed to identify him as the assailant, leading to a lack of evidence.

Key Witnesses Turn Hostile: Delhi Court Acquits Man in Attempted Murder Case

Key Witnesses Turn Hostile: Delhi Court Acquits Man in Attempted Murder Case

Rediff.com19 Mar 2026

A Delhi court acquitted a man accused of attempted murder after key witnesses turned hostile and failed to support the prosecution's case, leading to doubts about the accused's identity and the reliability of evidence.

Delhi High Court Acquits Sonu Punjaban in Trafficking Case

Delhi High Court Acquits Sonu Punjaban in Trafficking Case

Rediff.com24 Mar 2026

The Delhi High Court has overturned the conviction and 24-year jail sentence of Geeta Arora, also known as Sonu Punjaban, in a case involving the alleged trafficking of a 12-year-old girl, citing inconsistencies and contradictions in the victim's testimony and gaps in the prosecution's case.

Former AIFF General Secretary Kushal Das Passes Away

Former AIFF General Secretary Kushal Das Passes Away

Rediff.com13 Mar 2026

Kushal Das played a pivotal role in organising the 2017 FIFA Under-17 World Cup in India.

Former AIFF General Secretary Kushal Das Passes Away at 66

Former AIFF General Secretary Kushal Das Passes Away at 66

Rediff.com13 Mar 2026

Kushal Das, former AIFF general secretary, passed away at 66. He played a key role in developing Indian football, including organising the 2017 FIFA U-17 World Cup.

NEET-PG Cutoff Cut Sparks Merit Debate

NEET-PG Cutoff Cut Sparks Merit Debate

Rediff.com22 Jan 2026

'To fill these seats, eligibility is being diluted. We are compromising merit and producing degree holders instead of good doctors.'

Budget reflects a maturing economy

Budget reflects a maturing economy

Rediff.com11 Feb 2026

The Budget reflects a clear focus on strengthening India's long-term prospects by leaning on nation-building sectors such as infrastructure, manufacturing, and technology while maintaining fiscal responsibility.

Why UGC's new regulations have sparked controversy, protests

Why UGC's new regulations have sparked controversy, protests

Rediff.com27 Jan 2026

The University Grants Commission's (UGC) new regulations on promoting equity in higher education institutions have sparked protests and legal challenges. This article explains the regulations, the concerns raised, and the government's response.

UPI Growth Slowdown Rings Alarm

UPI Growth Slowdown Rings Alarm

Rediff.com11 Feb 2026

This would imply a 29 per cent year-on-year rise, significantly lower than growth rates seen in recent years.

The Day Indrani Mukerjea Was Missed

The Day Indrani Mukerjea Was Missed

Rediff.com26 Feb 2026

'On August 22, 2015, Shyamvar Rai disclosed to you that he had committed the murder of Sheena Bora along with Rahul Mukerjea.' How would Indrani have reacted to this?

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Budget 2026: Regulatory Framework For Crypto Exchanges On Cards?

Rediff.com27 Jan 2026

Enforcement agencies have highlighted risks related to money laundering and terror financing, prompting closer scrutiny of crypto platforms operating in India.

Realty to get indirect push from Budget proposals

Realty to get indirect push from Budget proposals

Rediff.com3 Feb 2026

The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.

India Inc lauds Budget for bold bets on AI, data centres

India Inc lauds Budget for bold bets on AI, data centres

Rediff.com1 Feb 2026

India Inc on Sunday hailed the Union Budget 2026-27 as a 'structural shift' in the country's technology landscape, noting that the government is moving beyond fragmented pilots to build foundational layers where AI serves as a 'horizontal enabler' for the entire economy.

ICAI clarifies accounting norms under new labour codes

ICAI clarifies accounting norms under new labour codes

Rediff.com29 Dec 2025

Companies would have to recognise the increase in gratuity liability arising from new labour codes in their interim financial statements and results for the period ending December 31, the Institute of Chartered Accountants of India (ICAI) has said in its FAQs on the new labour codes.

Sheena Bora Case: A Sleuth Takes The Stand

Sheena Bora Case: A Sleuth Takes The Stand

Rediff.com3 Feb 2026

Indrani Mukerjea, in pure white, sporting dancing pearl jhumkas, bobbed about the accused box, occasionally floating up front to whisper urgent suggestions to her lawyer Ranjeet Sangle as retired cop and prosecution witness Dinesh Kadam gave her a long look. Vaihayasi Pande Daniel returns to cover the Sheena Bora murder trial after 18 months.

Venezuela Turmoil Unlikely To Rattle India's Trade

Venezuela Turmoil Unlikely To Rattle India's Trade

Rediff.com12 Jan 2026

'The immediate impact for India will be very minimal as the share of Venezuela in our total overseas production is very low.'

SC seeks EC response on TMC MPs' plea over Bengal electoral rolls

SC seeks EC response on TMC MPs' plea over Bengal electoral rolls

Rediff.com12 Jan 2026

The Supreme Court has sought a response from the Election Commission on a plea by Trinamool Congress MPs alleging irregularities in the revision of electoral rolls in West Bengal.

TMC's Derek O'Brien moves SC alleging irregularities in Bengal SIR

TMC's Derek O'Brien moves SC alleging irregularities in Bengal SIR

Rediff.com6 Jan 2026

The application claimed that since the inception of the SIR process in the state, the EC has issued instructions to officers at the ground level through "informal and extra-statutory channels", such as WhatsApp messages and oral directions conveyed during video conferences, instead of issuing formal written instructions.

'India Should Move Quickly As Conditions Change'

'India Should Move Quickly As Conditions Change'

Rediff.com2 Jan 2026

'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'

PwC may submit report on IndusInd Bank on Friday

PwC may submit report on IndusInd Bank on Friday

Rediff.com25 Mar 2025

External auditor PwC is likely to submit its report to IndusInd Bank's board on Friday regarding accounting discrepancies in its derivatives portfolio, sources said. As per an estimate, Rs 2,100 crore discrepancy in accounting may impact 2.35 per cent of the bank's net worth.

Insurance: Lack of legacy distribution network a challenge for foreign cos

Insurance: Lack of legacy distribution network a challenge for foreign cos

Rediff.com22 Dec 2025

The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

The Dilemma Of A Missing Workforce For Climate Action

The Dilemma Of A Missing Workforce For Climate Action

Rediff.com19 Dec 2025

This was perhaps a missed opportunity for India to spotlight a core domestic challenge: The scale of workforce preparation required for a young, populous, rapidly growing country seeking to reach net zero, points out Radha Roy Biswas.

Will 1600 Number Stop Scam Calls?

Will 1600 Number Stop Scam Calls?

Rediff.com20 Nov 2025

Trai has ordered BFSI firms to move service and transaction calls to the 1600 series from 2026 to reduce spam, financial fraud, and rising digital arrest scams.

IBBI ends 'going concern' sales under liquidation

IBBI ends 'going concern' sales under liquidation

Rediff.com28 Oct 2025

IBBI removes sale of company as going concern in liquidation; now only asset sales allowed, shifting focus strictly to terminal liquidation process.

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

PwC US to cut 1,800 jobs over restructuring, its first layoffs in 15 years

Rediff.com13 Sep 2024

The US unit of PwC will lay off about 1,800 workers, marking its first formal job cuts since 2009 as the company seeks to restructure its technology group. This comes amid a slowdown in demand for some of its advisory business, according to a Wall Street Journal report. Half of the anticipated layoffs will target offshore positions, impacting a wide range of employees from associates to managing directors.

TN mother and daughter crack NEET together

TN mother and daughter crack NEET together

Rediff.com31 Jul 2025

A 49-year-old physiotherapist and her daughter from Tamil Nadu both cleared the NEET exam. The mother secured a seat in a government medical college, while the daughter is set to begin her medical journey.

India's energy sector battles taxes, global turmoil

India's energy sector battles taxes, global turmoil

Rediff.com13 Oct 2025

India's brittle energy security is inextricably linked to two opposing paradigms - fossil fuels, and the transition to green energy. The first powers the present; the second paves the way for Viksit Bharat in 2047.

India Inc to tap pvt credit for new projects: PwC

India Inc to tap pvt credit for new projects: PwC

Rediff.com25 Apr 2024

Private credit is fast emerging as a major source of finance for projects in India as several entrepreneurs are looking for short-term debt to bridge the funding gap due to difference in pricing for equity dilution, top officials at PwC India said. They said while new private equity (PE) investments during the past two years have declined, several public market exits by PEs were observed during that period. Several companies are likely to approach capital markets in the near future to provide liquidity to PE fund investors.

IndiGo Tops in Flight Cancellations

IndiGo Tops in Flight Cancellations

Rediff.com5 Aug 2025

IndiGo, which operates the largest fleet among Indian carriers, has reported the highest number of serious engine-related incidents.

Flipkart, Amazon Stack Up Space For Festival Rush

Flipkart, Amazon Stack Up Space For Festival Rush

Rediff.com9 Sep 2025

Festive sales are expected to surge 27 per cent to cross Rs 120,000 crore in 2025, driving Amazon and Flipkart to expand warehousing capacity by millions of cubic feet and extend delivery networks to thousands of new pin codes -- an infrastructure buildout that could reshape India's retail landscape for years.

Rs 5.5 Lakh Yearly Scholarship For Finance Students

Rs 5.5 Lakh Yearly Scholarship For Finance Students

Rediff.com11 Jul 2025

Under the Raman Kant Munjal Scholarships 2025, students pursuing finance-related degree courses stand a chance to receive financial assistance of up to Rs 5,50,000 per year for three years to complete their education.