Sebi chief Tuhin Kanta Pandey urged financial sector stakeholders to prioritize professional conscience over mere technical compliance, emphasizing that ethical substance, not just rules, prevents corporate failures. He highlighted that areas like valuations and ESG disclosures require judgment, making technical compliance insufficient and underscoring the crucial role of chartered accountants as custodians of trust.
India's hospitality sector is attracting significant, low-profile investment, with approximately $2 billion flowing into operational hotel properties. Investors, including institutions and family offices, are prioritizing early cash flows and reduced risk, leading to a seller's market for quality assets. Recent deals span diverse locations and hotel sizes, highlighting a robust trend in the industry.
About 50 residents of a community outside Chiles capital spent Saturday trying their best to power an entirely human-operated chatbot that could answer questions and make silly pictures on command.
A Chicago Sky minority partner is suing principal owner Michael Alter, alleging he violated his fiduciary duty to investors by misallocating and misrepresenting franchise value for his own benefit.
Bangladesh Jamaat-e-Islami Ameer Shafiqur Rahman faced backlash for stating women cannot lead his party, equating modernity for women with prostitution. He later claimed his X account was hacked after deleting the controversial post. Rahman cited biological differences and cultural barriers for the party's lack of female parliamentary candidates.
Asked about the strategic priorities in the US, he added: "Not only the US, but we have interest in selling innovative medicines globally... for emerging markets we are looking at tuck-ins or smaller acquisitions which we can look at integrating with our existing business to get scale in the emerging markets." Shanghvi added.
Commerce Minister Piyush Goyal is confident the 2026-27 Union Budget will be a good one. Finance Minister Nirmala Sitharaman will present her ninth budget on February 1. The budget aims to sustain growth and maintain fiscal discipline. It will address global trade frictions and domestic economic pressures. This budget presentation is a historic first for India.
India's trade pact with the European Union is set to significantly boost exports. The agreement, expected this year, will grant 99 percent of Indian goods duty-free access to Europe. This move is projected to double India's exports to the EU within five years. Businesses are encouraged to expand and capitalize on this opportunity.
