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Monday, November 4, 2024
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

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.