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Saturday, April 11, 2026
TopicKPMG

Topic: KPMG

Indian banks will take a Rs 38,000 crore hit if Dewan Housing is declared a fraud

RBI requires banks to provision fully for their entire exposure over four quarters if they decide a loan account involves fraud.

Plan to rescue Dewan Housing seems entirely fictional, like a Bollywood fantasy

The only reason Dewan Housing rescue is even being attempted is to delay — as long as possible — the collapse of a large NBFC.

KPMG report pegs highway ministry’s annual revenue deficit at Rs 1.36 lakh crore

The KPMG report says such a high revenue deficit could hit Modi govt’s target of building 60,000 km of highways.

79% of Indian firms say cyber security among top 5 business risks: KPMG report

Malware is the most common type of cyber-attack, with 73% of the firms considering it a menace followed by phishing (43%).

On Camera

What can be expected from the ongoing talks in Islamabad? Odds of resolution remain slim

The initial ceasefire functioned less as a resolution and more as a pause—an opportunity for both sides to recalibrate, while claiming victory.

India bond yields rise as RBI moves to drain liquidity, lift overnight rates

New Delhi: India’s sovereign bond yields rose after the central bank announced its first step this year to drain cash from the banking system,...

Army promotes Col Purohit, acquitted in 2008 Malegaon blast case, to Brigadier; to not retire yet

This means he will serve Indian Army for a minimum of another 2 years as Brigadier, unless he picks up the next rank of Major General.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.