Search result for 'accounting practices'

RBI Deputy Governor emphasizes the need for balance between transparency and confidentiality in central bank disclosures.

IndusInd Bank reports Rs 437 cr loss in Q2 due to MFI stress. Increased provisions & write-offs impact profitability. Details inside.

Gameskraft net profit declines due to GST impact & unsanctioned payments. Firm files police complaint against ex-CFO for alleged siphoning.

Chhattisgarh CM warns against GST frauds, emphasizing the importance of tax revenues for development. State registers 18% GST growth.

Sebi wants faster reporting of financial results and annual reports to boost investor confidence. CFOs urged to improve communication with audit committees and auditors for greater transparency.

IndusInd Bank shares recovered after reporting a Rs 2,329 crore loss in Q4, its worst ever. The loss was due to incorrect accounting practices and slippages in microfinance and two-wheeler segments.

CAG K Sanjay Murthy and 16th Finance Commission Chairman Arvind Panagariya discussed public finance, GST administration, and accounting practices.

Defence Minister Rajnath Singh urges chartered accountants to innovate and adapt to stay ahead of the curve, emphasizing the need for integrity and accountability in the changing landscape of...

Sebi imposed a Rs 54 lakh penalty on Jaiprakash Power Ventures and its top officials for misrepresenting financial statements, finding violations of PFUTP and LODR rules.

India's potential to be a key SAF producer is highlighted by IATA, utilizing ethanol supplies and lipids feedstocks. The country could become a regional SAF hub.

India's potential to become a major sustainable aviation fuel (SAF) producer is highlighted by IATA, leveraging its ethanol supply and lipids feedstocks. Learn more about India's SAF strategy.

Indian Railways has transitioned to accrual-based accounting, boosting transparency and attracting green financing from multilateral agencies. The move aligns with global standards and paves the...

RBI Deputy Governor advises MSMEs to register on the Udyam Portal to enhance their creditworthiness and access formal finance. Learn about key steps for financial health.

Comptroller and Auditor General of India (CAG) Girish Chandra Murmu has urged officers to embrace new technologies and adapt to a changing governance environment. The CAG also highlighted the...

NCLAT Chairperson Justice Ashok Bhushan stresses business integrity for economic growth and investor confidence, highlighting the importance of transparent financial reporting and audit quality.

Asian markets are mixed, with Chinese shares falling ahead of the Fed's interest rate decision this week. Hong Kong's Hang Seng index sank 2% due to property company declines. US futures and oil...

The Reserve Bank of India (RBI) maintained its stance on holding rates despite inflation cooling off. Experts predict a possible rate cut in 2024 as inflation targets are met.

The Institute of Chartered Accountants of India (ICAI) launches a nationwide training program to strengthen financial governance in panchayats and municipalities. The initiative includes an MoU...