MCA notifies new accounting standard Ind AS 117 on ‘insurance contracts’ – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/mca-notifies-new-accounting-standard-ind-as-117-on-insurance-contracts/article68525875.ece Clipped from: https://www.thehindubusinessline.com/economy/mca-notifies-new-accounting-standard-ind-as-117-on-insurance-contracts/article68525875.ece All eyes now on IRDAI for implementation; new accounting standard brings India closer to global standards on insurance accounting  In a game-changing

Menaka Guruswamy writes on Manish Sisodia’s bail: A victory for right to life, liberty | The Indian Express

https://indianexpress.com/article/opinion/columns/menaka-guruswamy-writes-on-manish-sisodias-bail-a-victory-for-right-to-life-liberty-9505473/ Clipped from: https://indianexpress.com/article/opinion/columns/menaka-guruswamy-writes-on-manish-sisodias-bail-a-victory-for-right-to-life-liberty-9505473/ It reasserts that cardinal principle that is the backbone of the criminal justice system – that bail is the norm and jail

Job losses and salary cuts hit Surat diamond hub, distress pushes workers to brink | Ahmedabad News – The Indian Express

https://indianexpress.com/article/cities/ahmedabad/job-losses-and-salary-cuts-hit-surat-diamond-hub-distress-pushes-workers-to-brink-9508555/?ref=latestnews_hp Clipped from: https://indianexpress.com/article/cities/ahmedabad/job-losses-and-salary-cuts-hit-surat-diamond-hub-distress-pushes-workers-to-brink-9508555/?ref=latestnews_hp Job losses and salary cuts in the Surat diamond units, on which more than 10 lakh livelihoods depend, have claimed the lives

TDP leader: ‘40 sections of Waqf Bill detrimental to Muslims … everything being diluted’ | Political Pulse News – The Indian Express

https://indianexpress.com/article/political-pulse/tdp-minority-cell-leader-waqf-bill-muslims-9507799/?ref=hometop_hp Clipped from: https://indianexpress.com/article/political-pulse/tdp-minority-cell-leader-waqf-bill-muslims-9507799/?ref=hometop_hp Fathullah Mohammad says some clauses of the Bill will bring about “collector raj” on Waqf land, calls for debate to iron out

Take add-on covers with the shortest waiting period – Money News | The Financial Express

https://www.financialexpress.com/money/take-add-on-covers-with-the-shortest-waiting-period-3580009/ Clipped from: https://www.financialexpress.com/money/take-add-on-covers-with-the-shortest-waiting-period-3580009/ The extra premium will be less than the out-of-pocket expenses later. Take add-on covers with the shortest waiting period. (Freepik) Individuals, especially

Madhabi Puri Buch says Hindenburg served show cause notice for many violations; report an attempt to attack SEBI’s credibility – Market News | The Financial Express

https://www.financialexpress.com/market/madhabi-puri-buch-saysnbsphindenburgnbsp-served-show-cause-notice-for-many-violations-reportnbspan-attempt-to-attack-sebis-credibility-3579899/ Clipped from: https://www.financialexpress.com/market/madhabi-puri-buch-saysnbsphindenburgnbsp-served-show-cause-notice-for-many-violations-reportnbspan-attempt-to-attack-sebis-credibility-3579899/ The statement went on to say that “there are certain allegations made against SEBI which would be addressed by the institution independently.

SEBI urges investors to remain clam and exercise due diligence – Market News | The Financial Express

https://www.financialexpress.com/market/sebi-urges-investors-to-remain-calm-and-exercise-due-diligence-3579980/ Clipped from: https://www.financialexpress.com/market/sebi-urges-investors-to-remain-calm-and-exercise-due-diligence-3579980/ SEBI has released a statement which states that investors should remain calm and exercise due diligence before reacting to such reports The

Fed’s September rate cut unlikely to alter RBI stance: Rajeev Radhakrishnan | Interviews – Business Standard

https://www.business-standard.com/markets/interviews/fed-s-september-rate-cut-unlikely-to-alter-rbi-stance-rajeev-radhakrishnan-124081100363_1.html Clipped from: https://www.business-standard.com/markets/interviews/fed-s-september-rate-cut-unlikely-to-alter-rbi-stance-rajeev-radhakrishnan-124081100363_1.html Radhakrishnan notes that global central banks’ potential policy easing could further bolster demand Rajeev Radhakrishnan, chief investment officer (fixed income) at SBI

RBI’s thrust on reining in food inflation justified – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/rbis-thrust-on-reining-in-food-inflation-justified/article68513482.ece Clipped from: https://www.thehindubusinessline.com/opinion/rbis-thrust-on-reining-in-food-inflation-justified/article68513482.ece Persistently high food prices can un-anchor household inflation expectations, which can lead to a demand for higher wages and increase overall inflationary

Health insurance master circular: Insurers seek deadline extension till Dec | Insurance – Business Standard

https://www.business-standard.com/finance/insurance/health-insurance-master-circular-insurers-seek-deadline-extension-till-dec-124081100395_1.html Clipped from: https://www.business-standard.com/finance/insurance/health-insurance-master-circular-insurers-seek-deadline-extension-till-dec-124081100395_1.html Irdai issued a circular on health insurance products in June and asked general/health insurers to offer a wider range of products to

One year of DPDP Act: Delayed rules hamper India’s data protection law | Economy & Policy News – Business Standard

https://www.business-standard.com/economy/news/one-year-of-dpdp-act-delayed-rules-hamper-india-s-data-protection-law-124081100299_1.html Clipped from: https://www.business-standard.com/economy/news/one-year-of-dpdp-act-delayed-rules-hamper-india-s-data-protection-law-124081100299_1.html Digital rights and advocacy groups said that the delay in the notification of rules is creating business uncertainty and has limited individuals’

No back-door entry for defaulting promoters: FM Nirmala Sitharaman | News – Business Standard

https://www.business-standard.com/industry/news/no-backdoor-entry-for-defaulting-promoters-fm-nirmala-sitharaman-124080801749_1.html lipped from: https://www.business-standard.com/industry/news/no-backdoor-entry-for-defaulting-promoters-fm-nirmala-sitharaman-124080801749_1.html Statement comes in response to concerns over haircuts in insolvency cases Nirmala Sitharaman, Union Finance Minister in the Lok Sabha, replying to

Should we open the door to Chinese investments? – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/should-we-open-the-door-to-chinese-investments/article68502202.ece Clipped from: https://www.thehindubusinessline.com/opinion/should-we-open-the-door-to-chinese-investments/article68502202.ece There is no certainty that Chinese investments will reduce India’s huge trade deficit with China The Economic Survey for 2023-24 suggested that

IBBI issues guidelines for Committee of Creditors to expedite IBC resolutions  – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/ibbi-issues-guidelines-for-committee-of-creditors-to-expedite-ibc-resolutions/article68500076.ece Clipped from: https://www.thehindubusinessline.com/economy/ibbi-issues-guidelines-for-committee-of-creditors-to-expedite-ibc-resolutions/article68500076.ece Move could strengthen the institution of CoC, ensure time-bound decision making by its members The new guidelines are designed to ensure a

Managing Inflation: RBI, relevant ministries in constant engagement on supply-side measures, says Das | Business News – The Indian Express

https://indianexpress.com/article/business/economy/managing-inflation-rbi-relevant-ministries-in-constant-engagement-on-supply-side-measures-says-das-9503566/ Clipped from: https://indianexpress.com/article/business/economy/managing-inflation-rbi-relevant-ministries-in-constant-engagement-on-supply-side-measures-says-das-9503566/ “The government has been taking a number of measures. Several ministries are attending to the situation as it is emerging. Surprises are

Up to 4 nominees for bank accounts proposed as part of banking law tweaks | Business News – The Indian Express

https://indianexpress.com/article/business/economy/up-to-4-nominees-for-bank-accounts-proposed-as-part-of-banking-law-tweaks-9505443/ Clipped from: https://indianexpress.com/article/business/economy/up-to-4-nominees-for-bank-accounts-proposed-as-part-of-banking-law-tweaks-9505443/ The Banking Laws (Amendment) Bill, 2024, which was introduced by Minister of State for Finance Pankaj Chaudhary, proposes to raise the threshold

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