Wrong classification of loans accumulated over FY25 has hit profit by ₹1,969 crore, while Net Interest Income slumped 43%, and gross Non-Performing Assets rose to 3.13%.

The new Income Tax Bill, 2025 proposes a one-time tax relief. It could lower capital gains tax for many. Long-term capital losses until March 31, 2026, can offset short-term gains from 2026-27. This change offers broader tax planning. T ...more

On May 21, when India observes Anti-Terrorism Day, former Rajya Sabha MP Dr Subhash Chandra says, "Terror networks don’t survive on ideology alone. They survive on money. And pirated contents is one of their quietest sources."

Accenture is promoting nearly 50,000 staff globally this June, including 15,000 in India. This move follows a delayed cycle due to reduced consulting demands. Additionally, Associate Managers and higher positions will see pay hikes rang ...more

Auditors flagged multiple accounting errors, including unrecognised interest payments and unrealisable assets.

The platform sees strong demand from shoppers aged 25–35 and across Tier 2 and Tier 3 cities, which now account for 55% of total shopper volume. 

Though Indian insurers don’t offer any property insurance policies for war and conflicts to Indian corporates, policies covering war and political violence are being made available from international reinsurers issued with strict conditions

IndusInd Bank reported a record net loss of Rs 2,329 crore for the March quarter due to governance failures and misreporting. The bank faced increased NPAs, wrongly accounted derivative trades, and misclassified microfinance assets. Fol ...more

The bench of Justices Abhay S Oka and Sanjay Karol found no apparent error in its October 2024 judgment, where it had ruled that buildings used to supply taxable services such as leasing can be considered “plant” under GST, making I ...more

Despite the manufacturing challenges, Ku expressed optimism about India’s potential to leapfrog ahead of China in semiconductor research and development