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Monday, February 23, 2026
TopicAudit firms

Topic: audit firms

After IL&FS crisis, India considering ceiling on audit firms to break Big Four monopoly

Shruti Srivastava -
The proposed crackdown by India’s corporate affairs ministry mirrors similar action being planned in the UK.

Turmoil in India’s audit sector as ‘lapses’ lead to crackdown on Big 4

Remya Nair -
With more cases of fraud and financial mismanagement coming to the fore over the last few years, audit firms have increasingly come under scrutiny.

On Camera

YourTurn

Opinion

Nick Jonas wearing a mangalsutra is validation for many Indians. He’s our favourite jiju

Stela Dey -
Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.

Patel’s 1950 letter to Nehru: Find no legal power to deal with Press or men like Syama Prasad

Everyone’s ‘damaged’ in modern dating. Love will soon be called a mental illness

Economy

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

Vrinda Tulsian -
On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

Defence

Suspected brake failure leads to Tejas accident after landing, airframe likely to be written off

Snehesh Alex Philip -
The IAF, so far, remains mum on this accident which has led to grounding of the fleet for safety checks.

National Interest

No country is ever fully sovereign. Cold War era taught India its real meaning

Shekhar Gupta -
India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.

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