India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Vadodara: A two-day national conference of chartered accountancy students began on Friday at Pandit Deendayal Upadhyay Nagar Gruh in the city.The Vadodara branch of the Western India Regional Council of the Institute of Chartered Accountants of India (ICAI) and the Vadodara branch of the Chartered Accountants Students Association are organizing the two-day national conference.The conference will see the participation of over 1,000 CA students from various parts of the country. It aims to provide a platform for aspiring chartered accountants to engage in interactive sessions, share knowledge, build professional camaraderie and develop mutual understanding."The event aims to empower CA students through exposure to discussions and interaction with professionals and peers, fostering academic excellence and leadership skills," a statement from the Vadodara chapter of ICAI said. The conference was inaugurated by CA Sanjay Bharti, chief financial officer of ONGC Petro Additions Ltd, who was the chief guest of the inaugural session.
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
Jaipur: Considered one of the toughest professions, the Aakad family of Rajasthan's Jaipur espoused it not just as a profession but as a legacy. The family has 15 members who are CAs with expertise in the financial sector. This Chartered Accountants' Day, which is celebrated by the Institute of Chartered Accountants of India (ICAI) on July 1, ETV Bharat narrates the story of a CA family. Started with Raghav Krishna Aakad, the journey is being carried forward by his successors, in a rare instance of confluence of professional dedication and family devotion. Some family member handles GST while ...Read More >
The Institute of Chartered Accountants of India (ICAI) is in talks with the ministry of electronics and IT to share financial data of listed companies. This data will support the creation of India's own AI models. The project aims to boost locally developed large language models with reliable financial information.Chartered accountants' apex body ICAI is in discussions with the ministry of electronics and information technology (MeitY) to provide financial and economic data of listed companies fo ...Read More >
New Delhi, Jun 27 (PTI) Chartered accountants' apex body ICAI is bullish on the growing global capability centres in the country and expects their number to cross 5,000 in the next two years. Global Capability Centres (GCCs) will benefit the chartered accountants as they offer various services, ICAI President Charanjot Singh Nanda said on Friday. "India is an attractive destination for GCCs," he said and added that currently, there are around 80,000 chartered accountants employed at the GCCs. There are more than 1,700 GCCs in the country. At a briefing, Nanda said the number of GCCs is exp ...Read More >
Hyderabad: National Chartered Accountants Day, or CA Day, is a yearly celebration on July 1 to honour the founding of the Institute of Chartered Accountants of India (ICAI) in 1949. This day is very important for the accounting and finance community in India because it recognises the vital role chartered accountants have in the country's economy and finance. This year marks the 76th anniversary of The Institute of Chartered Accountants of India (ICAI), which is the main authority for accounting and financial auditing in India. It is one of the oldest and most respected financial organisations ...Read More >
Kolkata : The much-anticipated CA Students' National Conference 2025, jointly hosted by the Eastern India Chartered Accountants Students' Association (EICASA) and the Eastern India Regional Council (EIRC) of ICAI, commenced today at the Biswa Bangla Convention Centre, New Town, Kolkata, amidst great enthusiasm and inspiration. The inaugural ceremony was graced by Dr. Sukanta Majumdar, Hon'ble Minister of State for Education, Government of India; Mr. Harsh Vardhan Agarwal, Vice Chairman & MD, Emami Ltd. as Guest of Honour, CA Vishnu K. Tulsyan, Chairman, EIRC and CA Mayur Agrawal, Chairman, EI ...Read More >
Haridwar: Bharatiya Janata Party (BJP) MP Sakshi Maharaj on Sunday demanded that hotel, dhaba and eatery owners on the Kanwar Yatra routes should display their names and identities on boards outside their business establishments. The owners, who hide their identities under fake names, on the Kanwar Yatra routes should not be spared, he told reporters here. "Tampering with faith of the Hindu devotees during the Kanwar Yatra will not be tolerated," said the Unnao MP. The food shops on the Kanwar Yatra routes should have a board outside with the names of their owners clearly written on them, h ...Read More >
Mumbai: Senior BJP leader Ravindra Chavan is all set to become the next Maharashtra BJP chief as he filed his nomination for the post of party's state president on Monday. Mr. Chavan presented the nomination forms to Union Minister Kiran Rijiju, who has been appointed as a central observer for the elections by the BJP. Maharashtra Chief Minister Devendra Fadnavis and outgoing party chief Chandrashekhar Bawankule were present on this occasion. With no other nomination being filed for the post, Mr. Chavan is certain to become the next state president of Maharashtra BJP, said party leaders. The ...Read More >
JAMMU, July 1: Jammu and Kashmir Branch of the Northern India Regional Council (NIRC), Institute of Chartered Accounts of India (ICAI), celebrated the 77th Chartered Accountants Day at ICAI Bhawan, Jammu, with a vibrant and service-oriented lineup of activities. The Day was marked by deep professional pride, community outreach and a renewed commitment to the values that define the Chartered Accountancy profession. The celebrations began with the flag hoisting ceremony, followed by a plantation drive, where members and students actively participated in planting saplings around the ICAI premis ...Read More >
-1751205382093.jpg)
Bengaluru Crime: A woman's body, believed to be between 30 and 35 years old, was found stuffed inside a sack and dumped in a garbage truck in Bengaluru early Thursday. The identity of the woman is yet to be confirmed. Police said the sack was discovered by BBMP sanitation workers who immediately alerted the authorities. The body was found with her hands and neck tied, raising strong suspicion of murder. Officials stated that the body had been placed inside a gunny bag before being thrown into the garbage vehicle. Joint Commissioner of Police, C Vamsi Krishna, confirmed that the body has been ...Read More >
New Delhi [India], July 6 (ANI): The Institute of Chartered Accountants of India (ICAI) on Sunday announced the results of CA Final, Intermediate and Foundation Examinations held in May 2025, in which nearly one lakh aspirants appeared. According to an official statement released by the ICAI, for the CA final exam, Mumbai's Rajan Kabra secured the top spot with an 86% with a score of 516/600. Meanwhile, Nishtha Bothra, and Manav Rakesh Jha secured the second and third spot in the final exam. During the Final examination held in May 2025 - 99,466 candidates were admitted and exams were held a ...Read More >
JAMMU: The Jammu & Kashmir Branch of the Northern India Regional Council (NIRC) of the Institute of Chartered Accountants of India (ICAI) celebrated the 77th Chartered Accountants Day with zeal and enthusiasm at Royal Park, here. The evening commenced with a seminar on Financial Reporting Practices, under the aegis of Financial Reporting Review Board, ICAI. The session brought together professionals to reflect on the evolving landscape of accounting and the role of Chartered Accountants in strengthening financial transparency. CA Sourav Pargal, Chairman of the J&K Branch, delivered a welcom ...Read More >
The chartered accountants' apex body is set to propose financial and regulatory measures to help Indian Multi-Disciplinary Partnership (MDP) firms scale globally, leveraging government support and free trade agreements. How will it enable funding for MDPs? What regulatory reforms are needed to support growth? Which global opportunities can Indian MDPs tap through trade agreements? Here is what ICAI said. The Institute of Chartered Accountants of India (ICAI) is preparing a report to guide the fi ...Read More >
New Delhi, Jun 6 (PTI) Chartered accountants' apex body ICAI on Friday issued the draft overseas networking guidelines for domestic chartered accountant firms. The move is part of continuing efforts to expand the reach of chartered accountant firms and create large domestic entities that will be capable of competing globally. "These guidelines are meant to promote networking amongst one or more chartered accountant firm (s) registered with ICAI with networks or entities established and registered outside India in their respective jurisdiction," ICAI said on Friday while issuing the draft gui ...Read More >
New Delhi, Jun 6 (PTI) Chartered accountants' apex body ICAI on Friday issued the draft overseas networking guidelines for domestic chartered accountant firms. The move is part of continuing efforts to expand the reach of chartered accountant firms and create large domestic entities that will be capable of competing globally. Also Read | How To Activate Your UAN Online? Step-by-Step Guide As EPFO Extends Activation Deadline to June 30, 2025. "These guidelines are meant to promote networking amongst one or more chartered accountant firm (s) registered with ICAI with networks or entities esta ...Read More >
New Delhi [India], July 2 (ANI): The Institute of Chartered Accountants of India (ICAI), the world's largest accounting body, celebrated its 77th Chartered Accountants Day on July 1. On this occasion, a grand celebration was organised at Bharat Mandapam in New Delhi. The celebration was inaugurated by Hardeep Singh Puri, Minister of Petroleum and Natural Gas, as the Chief Guest in the presence of CA Charanjot Singh Nanda, President ICAI and CA. Prasanna Kumar D, Vice President, ICAI. Also present were Central and Regional Council Members of ICAI; CA Jai Kumar Batra, Secretary, ICAI and a gala ...Read More >
Bhopal (Madhya Pradesh): Chartered Accountancy (CA) has emerged as one of the favourite career choices of students from Madhya Pradesh. Around 22,000 students in the state are at various stages of completing the CA course - Foundation, Intermediate and Final. The state has around 12,500 qualified chartered accountants. Around 800 students from the state qualify the CA examination every year. The pass percentage has grown from 5% in 2010 to 14% -15% now. According to chairman of the Bhopal branch of ICAI (Institute of Chartered Accountants of India), Arpit Rai , the papers are as tough as eve ...Read More >
JAMMU, July 02: With the annual ShriAmarnathJiYatra 2025 set to commence tomorrow, a vibrant spiritual atmosphere prevails at the YatriNiwas Base Camp in Bhagwati Nagar, Jammu, where around 3,500 pilgrims are ready to begin their sacred journey. "All arrangements have been made, and nearly 3,500 pilgrims are currently stationed at the Jammu Base Camp," said Rajesh Raina, a senior officer of the Tourism Department, speaking to Rising Kashmir. Registration counters have been set up inside YatriNiwas, and vehicles from the J&K Road Transport Corporation (SRTC) are on standby to transport the pi ...Read More >
The Institute of Chartered Accountants of India (ICAI) has rescheduled the Chartered Accountant (CA) Foundation exam to be held in January 2025, in consideration of major festivals such as Makar Sankranti, Bihu, and Pongal. While earlier scheduled on January 14, 2025, the exams will now be held on January 16, 2025; further, the entire revised exam schedule for the Foundation course is placed for January 12, 16, 18, and 20, 2025. Official notice According to an official notification issued by ICAI, "It is hereby announced for general information that in view of Makar Sankranti/Bihu/Pongal fes ...Read More >
Chartered accountant associations and tax lawyers have urged the government to extend income tax return (ITR) and audit deadlines for the assessment year (AY) 25-26, citing ongoing issues with the e-filing portal and delays in form releases. New Delhi, Chartered accountant associations and tax lawyers have urged the government to extend income tax return (ITR) and audit deadlines for the assessment year (AY) 25-26, citing ongoing issues with the e-filing portal and delays in form releases. The ...Read More >
New Delhi [India], July 2 (ANI): The Institute of Chartered Accountants of India (ICAI), the world's largest accounting body, celebrated its 77th Chartered Accountants Day on July 1. On this occasion, a grand celebration was organised at Bharat Mandapam in New Delhi. The celebration was inaugurated by Hardeep Singh Puri, Minister of Petroleum and Natural Gas, as the Chief Guest in the presence of CA Charanjot Singh Nanda, President ICAI and CA. Prasanna Kumar D, Vice President, ICAI. Also present were Central and Regional Council Members of ICAI; CA Jai Kumar Batra, Secretary, ICAI and a gala ...Read More >
New Delhi [India], July 6 (ANI): The Institute of Chartered Accountants of India (ICAI) on Sunday announced the results of CA Final, Intermediate and Foundation Examinations held in May 2025, in which nearly one lakh aspirants appeared. According to an official statement released by the ICAI, for the CA final exam, Mumbai's Rajan Kabra secured the top spot with an 86% with a score of 516/600. Meanwhile, Nishtha Bothra, and Manav Rakesh Jha secured the second and third spot in the final exam. Also Read | Supreme Court Administration Writes to Centre to Vacate Ex-CJI Justice DY Chandrachud Fro ...Read More >
New Delhi [India], July 6 (ANI): The Institute of Chartered Accountants of India (ICAI) on Sunday announced the results of CA Final, Intermediate and Foundation Examinations held in May 2025, in which nearly one lakh aspirants appeared. According to an official statement released by the ICAI, for the CA final exam, Mumbai's Rajan Kabra secured the top spot with an 86% with a score of 516/600. Meanwhile, Nishtha Bothra, and Manav Rakesh Jha secured the second and third spot in the final exam. During the Final examination held in May 2025 - 99,466 candidates were admitted and exams were held a ...Read More >
New Delhi [India], July 2 (ANI): The Institute of Chartered Accountants of India (ICAI), the world's largest accounting body, celebrated its 77th Chartered Accountants Day on July 1. On this occasion, a grand celebration was organised at Bharat Mandapam in New Delhi. The celebration was inaugurated by Hardeep Singh Puri, Minister of Petroleum and Natural Gas, as the Chief Guest in the presence of CA Charanjot Singh Nanda, President ICAI and CA. Prasanna Kumar D, Vice President, ICAI. Also present were Central and Regional Council Members of ICAI; CA Jai Kumar Batra, Secretary, ICAI and a gala ...Read More >
NEW DELHI: More than 30 years after it mandated a 200-point-roster system for earmarking posts for Scheduled Caste and Scheduled Tribe candidates in direct recruitments, the Supreme Court has now identified staff posts reserved for SC and ST candidates but provided no quota for OBC candidates.The judgment in R K Sabharwal case was delivered by a five-judge bench on Feb 10, 1995, during the tenure of 26th CJI A M Ahmadi, but it will be implemented now during the tenure of 52nd CJI in Justice B R Gavai, the second Dalit to head judiciary after Justice K G Balakrishnan.CJI Gavai told TOI, "The ju ...Read More >
Srinagar, Jul 1: The Kashmir CPE Chapter of the Institute of Chartered Accountants of India (ICAI) celebrated the 77th Chartered Accountants Day with great enthusiasm at the ICAI Srinagar Representative office. The event commenced with a flag hoisting ceremony, followed by a plantation drive symbolizing growth and sustainability. A special highlight of the program was a celebration meet of members, during which CA Bashir Ahmad Lone addressed the audience. In his address, he spoke about the evolving role of Chartered Accountants and the importance of upholding professional ethics and contrib ...Read More >
Jammu, Jul 1: The Jammu and Kashmir Branch of the Northern India Regional Council (NIRC) of the Institute of Chartered Accountants of India (ICAI) Tuesday celebrated the 77th Chartered Accountants Day at ICAI Bhawan, Jammu. As per the official handout, the event was celebrated with a vibrant and service-oriented lineup of activities. The day was marked by deep professional pride, community outreach, and a renewed commitment to the values that define the Chartered Accountancy profession. The celebrations began with the flag hoisting ceremony, followed by a plantation drive, where members and ...Read More >
New Delhi, July 2 (SocialNews.XYZ) India has recently overtaken Japan and is poised to become the third-largest economy by 2030, overtaking Germany, Union Petroleum Minister Hardeep Singh Puri has said. In the past 11 years, India has risen from the eleventh to the fourth largest economy in the world. "Our GDP has more than doubled -- from $2.1 trillion in 2014 to $4.3 trillion in 2025" said Puri while addressing the 77th Foundation Day of the Institute of Chartered Accountants of India (ICAI) here. The minister highlighted the nation's resilience during global headwinds and the critical ro ...Read More >