New Delhi: Telecom trade association Cellular Operators Association of India (COAI) on Tuesday said that mobile users will now be able to differentiate between genuine and spam SMS as telecom operators have rolled out suffixes that will appear before the sender's name or header. The COAI, which represents telecom operators like Reliance Jio, Airtel, Vodafone Idea, expressed concern over spammers or fraudsters taking the route of over-the-top or internet messaging apps which defeats the purpose ...Read More
Mumbai: HDFC Bank chairman Atanu Chakraborty said the bank has strengthened governance frameworks across its key subsidiaries as it adapts to its expanded role as a financial conglomerate following the merger with HDFC Ltd."In order to address our enhanced stature as a financial conglomerate, we have strengthened our oversight on the group companies," Chakraborty said in the bank's FY25 annual report. These include HDB Financial Services, HDFC Life Insurance, HDFC Asset Management, HDFC ERGO Gen...Read More
Governance firm InGovern Research has called for investor safeguards, citing market volatility triggered by offshore short-seller reports. This follows Viceroy Research's 9 July report alleging governance issues at Vedanta, which caused an intraday stock plunge of nearly 8 per cent. While acknowledging short-selling as a legitimate, regulated activity that aids market liquidity and price discovery, InGovern emphasised that such reports often serve the financial interests of their authors. "Cri...Read More
Mumbai, Jul 14 (PTI) Shiv Sena (UBT) MP Priyanka Chaturvedi on Monday wrote to Civil Aviation Minister K Rammohan Naidu, questioning how "sensitive findings" on the Air India plane crash in Ahmedabad were "leaked" to international media before an official disclosure in India. "Because one can't be a mute spectator to what is happening with regards to the narrative around the AI171 crash and its interim report. My letter to Aviation Ministry," Chaturvedi posted on X. She also posted a copy of th...Read More
New Delhi, Jul 14 (PTI) Shiv Sena (UBT) leader Priyanka Chaturvedi on Monday wrote to Civil Aviation Minister Kinjarapu Rammohan Naidu, demanding a probe to figure out how details of a preliminary report into the crash of Air India flight AI171 was released to the international media before its release in India. In a letter to Naidu, she said a formal inquiry should be conducted into the "leak". Seeking transparency regarding the authorship of the report, Chaturvedi said the names of all membe...Read More
Bengaluru : AI will reshape the accountancy profession by changing how tasks are completed at all levels. Leading global accountancy body, ACCA (the Association of Chartered Certified Accountants) says that as AI becomes more commonplace, new responsibilities and tasks will emerge for finance teams as they focus on improving controls and specifying the desired information outcomes from machine use. New roles are also expected to support activities ensuring AI systems remain accurate and complia...Read More
New Delhi [India], July 14 (ANI): The World Health Organisation (WHO) has sent Sheikh Hasina's daughter, Saima Wazed, Regional Director for the South-East Asia Region, on leave amid corruption charges raised against the interim Bangladesh government. In a reply to ANI, WHO said, 'WHO's Regional Director, SEARO, Saima Wazed, is currently on leave.' WHO also said that Dr Catharina Boehme will serve as Officer-in-Charge during this period. 'During this period, Dr Catharina Boehme is serving as Of...Read More
New Delhi [India], July 13 (ANI): India's tax administration has undergone a dramatic transformation over the past decade, with taxpayer refunds growing at nearly double the pace of tax collections, Ministry of Finance sources told ANI. The numbers paint a striking picture of administrative efficiency gains. Between 2013-14 and 2024-25, refunds issued to taxpayers have skyrocketed by 474 per cent, rising from Rs 83,008 crores to Rs 4,76,743 crores. This growth significantly outpaces the 274 pe...Read More
New Delhi: India's tax administration has undergone a dramatic transformation over the past decade, with taxpayer refunds growing at nearly twice the pace of tax collections, sources from the Ministry of Finance told ANI. The data highlights significant gains in administrative efficiency. Between FY 2013-14 and FY 2024-25, refunds issued to taxpayers surged by 474%, rising from ₹83,008 crore to ₹4,76,743 crore. This increase far outpaces the 274% growth in gross direct tax collections during th...Read More
New Delhi, Jul 13 (PTI) India's biggest realty firm DLF Ltd has a strong launch pipeline of housing projects to meet "aspirational needs" of the market and the company remains on track to achieve outlined targets, its Chairman Rajiv Singh said. In a letter to shareholders in its latest annual report, he said the company's annuity business, which is leasing of commercial spaces on rent, has been growing steadily. "The country's long-term prospects are bolstered by its growing demographic and ec...Read More
BENGALURU: The Karnataka Information Commission has recommended several measures to the State Government to strengthen the implementation of the Right to Information (RTI) Act, including introducing RTI-related curriculum for undergraduate and postgraduate students. The move aims to foster awareness among youth and improve transparency and accountability in government administration. The State Information Commissioner recently met Chief Secretary Shalini Rajneesh and submitted a detailed list o...Read More
Srinagar: The United States Embassy in India has issued a fresh advisory underscoring the ongoing scrutiny of visa holders, even after the visa has been granted. In a l atest social media post on platform X (formerly Twitter), the Embassy warned that non-compliance with U.S. immigration laws could result in visa revocation and potential deportation. "US visa screening does not stop after a visa is issued," the Embassy stated. "We continuously check visa holders to ensure they follow all US laws...Read More
Guwahati, July 12: Underlining the persistent challenges, including poor price realization, unregulated market intermediaries, and limited policy safeguards, faced by small tea growers, the Confederation of Indian Small Tea Growers Associations (CISTA) has moved the Commerce Minister Piyush Goyal seeking introduction of a price protection scheme. The flawed price sharing formula (PSF) has failed to ensure fair and transparent price realization for small tea gardens (STG), the apex body of small...Read More
New Delhi: Journalist Laura Loomer claimed that FBI Deputy Director Dan Bongino is on the verge of resigning over his alleged dissatisfaction with Attorney General Pam Bondi's handling of the Jeffrey Epstein files. In a post on X (formerly Twitter), Loomer alleged that Bongino has taken a leave of absence as of July 11 and is considering stepping down unless Bondi is removed by President Trump or resigns from the Department of Justice (DOJ). "Source tells me it's very likely that Bongino resig...Read More
VMPL New Delhi [India], July 11: A business loan can help fund daily operations, growth plans, or asset purchases for new or established businesses. Lenders assess eligibility based on business age, credit score, financials, and documentation. Strong credit history, stable income, and proper documentation increase your chances of loan approval. Understanding these requirements helps you prepare effectively for a business loan and avoid rejections. This article explains the key criteria Indian l...Read More
Mumbai: US-based short seller Viceroy Research's report on Vedanta Resources (VRL) has no new information that has not been voluntarily shared with shareholders previously, VRL's chief executive officer Deshnee Naidoo said Thursday. "The authors of the report have compiled only part information filled with gross inaccuracies which you've also discerned as part of this meeting," Naidoo said addressing shareholders at the annual general meeting of India-listed Vedanta. On Wednesday, Viceroy Rese...Read More
New Delhi, July 10, 2025 -- The Committee to Protect Journalists calls for greater transparency and due process in how Indian authorities handle social media restrictions, following reports of the temporary block of multiple international news organizations' X accounts over the weekend. X accused the Indian government of censoring the press. "This incident once again underscores the serious lack of transparency and accountability in how the Indian government issues and enforces orders for the r...Read More
Srinagar, July 10: The Supreme Court on Thursday (July 10) told the Election Commission of India to consider Aadhaar card, voter ID card and ration card also as acceptable documents for the "Special Intensive Revision" of electoral rolls in Bihar. The Court also recorded the ECI's submission that the list of eleven documents specified by it in its June 24 order as acceptable documents to show citizenship was not exhaustive and was illustrative. The observation was made during a high-stakes hear...Read More
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. As the cryptocurrency market continues to fluctuate in 2025, many American investors are beginning to rethink their investment strategies. In the past, many people were used to speculating on cryptocurrencies and chasing ups and downs, especially on popular currencies such as XRP and DOGE. But after several rounds of ups and downs, more and more people are beginning to realize tha...Read More
MUMBAI : The annual information statement (AIS), introduced by the Income Tax Department to enhance transparency, is instead creating hassles for taxpayers by reporting incorrect incomes, according to chartered accountants. Introduced in 2021, the AIS gives a snapshot of financial transactions -- ranging from securities and mutual funds to property deals and fixed deposits -- during a fiscal year, sourced from multiple reporting entities such as banks, registrars, depositories, and sub-registra...Read More
Mumbai: The central bank on Wednesday issued draft guidelines on a structured mechanism for novation of over-the-counter (OTC) derivative contracts, wherein it proposed that novation can only be carried out with the consent of the remaining party at the prevailing market rates. The remaining party refers to the user who will continue to be a counterparty in the new contract after novation, which is a legal process where an existing contract is replaced with another, typically involving a consen...Read More
New Delhi [India], July 9 (ANII): In a significant move to enhance the quality and transparency of pilot training in India, the Directorate General of Civil Aviation (DGCA) on Wednesday officially announced the formal commencement of a comprehensive ranking framework for Flying Training Organisations (FTOs) across the country. The initiative aims to ensure standardisation, safety, and accountability in India's aviation training sector. The ranking system will be implemented as of October 1, 20...Read More
Karnataka: With a steady increase in the tiger population at the Male Mahadeshwara Hills (MM Hills) Wildlife Sanctuary, Karnataka's Forest, Ecology and Environment Minister Eshwar B Khandre has directed officials to begin the process of declaring the region a tiger reserve. He emphasized the need to first collect public opinion from the local communities before proceeding with formal proposals. Chairing a high-level meeting with senior forest officials, including the Principal Chief Conservator...Read More
MUMBAI: Food regulator FSSAI warned e-commerce platforms of "severe action" if they fail to comply with food safety protocols. In a meeting on Tuesday with companies, CEO G Kamala Vardhana Rao directed platforms to share data pertaining to their warehouses, food handlers, and other relevant information with the authority to ensure transparency and compliance. They were also asked to "prominently display" their FSSAI licence number on every receipt, invoice, and cash memo provided to consumers."T...Read More
Hyderabad: The legacy of Sardar Hari Singh Nalwa, who once stopped the Afghan forces at the Khyber Pass, is not merely history but a living inheritance, said Dr A. Tajinder Pal Singh Nalwa, his descendant. "If we could protect India from invasions then, we must now protect our children's minds from disintegration." Dr Nalwa was speaking to Sikh educators, community members, students, and lawyers at a seminar hosted by the Sikh Education Society at Guru Nanak High School Lecture Hall. Presided ...Read More
Gurgaon: In Haryana, 90% of summons are now issued electronically, and 100% of searches and seizures by police during investigations are recorded digitally. Around 68% of witness and complainant statements are being captured using the eSakshya mobile application, standardising evidence collection and improving transparency across investigations. Under the new criminal laws, witness examination has now extended beyond traditional courtrooms, as witnesses can now be examined at "designated places"...Read More
New Delhi: In a welcome departure, the Union Public Service Commission (UPSC) is adopting a more student-centric approach aimed at reducing the stress of aspirants. In an exclusive interview with ETV Bharat, UPSC chairman Ajay Kumar unveiled a wide-ranging roadmap of reforms -- aimed at reducing stress, enhancing exam transparency, detecting forgery with tech tools, and building inclusive platforms that empower deserving candidates beyond the exam results. "The UPSC Civil Services Examination i...Read More
Mumbai: Net profit of Nifty 50 companies at the aggregate level is expected to increase 4.6% year-on-year while revenue may increase 4.5% for the June 2025 quarter. Net profit is likely to show single-digit year-on-year growth for the first time in at least nine quarters amid an anticipated poor performance by select companies, including Tata Motors, IndusInd Bank and Coal India. The sample's revenue is expected to grow in single digit for the fourth consecutive quarter reflecting persistent mu...Read More
Mumbai: Domestic institutions, including mutual funds and Life Insurance Corporation of India (LIC), hold the key to allowing Subhash Chandra-led promoter entities to increase their stake in Zee Entertainment Enterprises Ltd. That's when Norges Bank, the company's largest overseas investor, has given its assent. LIC (4.49%), HDFC Mutual Fund (3.66%) and ICICI Prudential Mutual Fund (3.04%) together own over a tenth of the outstanding shares of Zee as of 31 March, making their decision crucial. ...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 str...Read More