Implement norms for statutory auditors in next fiscal
The Finance Industry Development Council (FIDC) has urged the Reserve Bank of India (RBI) to implement the new norms regarding appointment of statutory auditors by banks and NBFCs in the next financial year.
| 29 April 2021 4:29 AM GMT
MUMBAI: The Finance Industry Development Council (FIDC) has urged the Reserve Bank of India (RBI) to implement the new norms regarding appointment of statutory auditors by banks and NBFCs in the next financial year.
The guidelines for appointment of Statutory Central Auditors and Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including Housing Finance Companies) which were released on Tuesday would become applicable from the current financial year (2021-22).
India s GDP may grow at 11% in FY22
The Indian economy is likely to grow at 11 per cent in the current financial year, said the Asian Development Bank (ADB).
| 29 April 2021 4:41 AM GMT
NEW DELHI: The Indian economy is likely to grow at 11 per cent in the current financial year, said the Asian Development Bank (ADB).
In its report, Asian Development Outlook (ADO) 2021 , the ADB also noted that the recent surge in COVID-19 cases may put this recovery at risk. India s economy, meanwhile, is expected to grow 11.0 per cent in fiscal year (FY) 2021, which ends on 31 March 2022, amid a strong vaccine drive. However, the recent surge in COVID-19 cases may put this recovery at risk, it said. India s GDP is expected to expand 7.0 per cent in the next financial year. This year, South Asia s GDP growth is expected to rebound to 9.5 per cent, following a 6.0 per cent contraction in 2020, before moderating to 6.6 per cent in the next year.
Kangana Ranaut trolled for comparing herself to SRK
Bollywood actress Kangana Ranaut completed 15 years in Bollywood on Wednesday. However, she was trolled when she drew comparisons with superstar Shah Rukh Khan
| 29 April 2021 7:02 AM GMT
Bollywood actress Kangana Ranaut completed 15 years in Bollywood on Wednesday. However, she was trolled when she drew comparisons with superstar Shah Rukh Khan. Kangana, who made her Bollywood debut in 2006 with AnuragBasu s Gangster , tagged herself and Shah Rukh as the biggest success stories ever on Twitter.
What drew flak from netizens was her assertion that while SRK was from Delhi, convent educated and his parents were involved in films , she came from a remote village in Himachal Pradesh, did not know a single word of English and had no education .
Divyangjans demand release of funds in pension scheme, staged protest in Guwahati
The Divyangjans who have been deprived of the ‘Deendayal Divyangjan Pension Scheme’ staged a protest in front of the Directorate of Social Welfare here on Wednesday.
STAFF REPORTER
GUWAHATI: The Divyangjans who have been deprived of the Deendayal Divyangjan Pension Scheme staged a protest in front of the Directorate of Social Welfare here on Wednesday.
The protest was staged under the banner of the Pratibandhi Suraksha Sangstha, Assam (PSSA). We have to protest regularly to get the funds sought by the Social Welfare department for the payment of pension to persons with disabilities. Under the Deendayal Divyangjan Pension Scheme, disabled persons are paid Rs 1,000 as monthly pension. However, the beneficiaries have not received the amount from October 2020 to March 21 due to the negligence of the Social Welfare Department, said PSSA secretary Nripen Malakar.
CORRESPONDENTS
DHEKIAJULI/MANGALDAI/JAMUGURIHAT: A strong earthquake rocked Assam on Wednesday with its epicenter near Dhekiajuli. The peak of a small hillock at the picturesque Bhairabkunda on the triangular border of Assam, Arunachal Pradesh and Bhutan partially collapsed. The field at Nangli Sar on River Brahmaputra under Mangaldai Police Station bore deep and long cracks.
Altogether seven back-to-back earthquakes of 6.7 magnitude on the Richter scale jolted Dhekiajuli at 7:51 am on Wednesday. It caused large-scale damage to hundreds of buildings, both residential and market complexes in the Dhekiajuli area. Following this, tremors of magnitude 4.7, 4, and two 3.6 magnitudes at 8.03 am, 8.13 am, 8.25 am, 8.44 am and at 4.30 pm respectively were felt. The quake hit at a shallow depth of 10 km beneath the epicenter near Dhekiajuli in Sonitpur.