| ETCFO Newsletter | Thursday, August 28, 2025 |
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Daily Newsletter
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Top Stories
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The government has amended Indian Accounting Standard (Ind AS) 1 on Presentation of Financial Statements, mandating that from FY26 loans must be recla...
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Segment-wise, small cars, three-wheelers, and commercial vehicles are expected to gain the most, while large SUVs and luxury cars are likely to stay i...
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Ashok Leyland's CFO, KM Balaji, anticipates that the proposed GST rationalization, particularly a reduction from 28% to 18% for commercial vehicles, w...
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Seasoned finance expert Robin Banerjee has called for a simplified, transparent and trust-based GST 2.0, warning that while fraud must be punished, ho...
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The finance ministry urges larger businesses to absorb tariff shocks to protect smaller entities, acknowledging potential challenges from US tariffs d...
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India is considering easing restrictions on Foreign Direct Investment from China. This move comes amid warming relations between the two nations. Niti...
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Industry chambers highlight India's economic resilience amid global challenges. They advocate for trade diversification and MSME promotion. Focus is o...
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Reserve Bank of India will meet with industry leaders to discuss the impact of US tariffs. The consultation is planned for September. It will assess h...
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This framework aims to ensure fairness, robustness, and explainability in AI systems, requiring traceable logic and unbiased outcomes. While upfront c...
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Policy & Macro
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The US government plans to reform the H-1B visa and green card system. Commerce Secretary Howard Lutnick calls the current H1-B visa system a scam. Th...
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India's increased Russian oil imports, saving billions, now face disruption due to new U.S. tariffs, potentially slashing exports and impacting jobs. ...
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Amidst Trump's claims of massive oil reserves, the US envoy in Pakistan highlighted American companies' strong interest in the nation's oil and gas se...
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Governance, Risk & Compliance
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Varshney observed that some companies make high valuations and then their prices go down after listing.
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Business & Fund raising
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Despite being net sellers in the secondary market, foreign portfolio investors are significantly increasing their investments in Indian IPOs, with a t...
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Finance & Banking
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The branch inauguration was done in presence of Arvind Kumar, Director General, Software Technology Parks of India (STPI), and PNB MD & CEO Ashok Chan...
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Tax
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The All India Digital Cable Federation (AIDCF) has urged the government to lower the GST on cable TV services from 18% to 5%, citing financial strain ...
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Industry
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The Indian Beverage Association urges the finance ministry for a sugar-based taxation system, aligning with global standards, ahead of a crucial GST C...
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Corporate
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Adani Group's Vizhinjam International Seaport has achieved a major milestone. The port handled over 1 million TEUs in nine months. Kerala's Minister f...
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Tata Consultancy Services is expanding its presence in Bengaluru. The company has leased 1.4 million sq ft of office space at 360 Business Park. The l...
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