IRDAI had indicated Ind AS implementation for insurance companies in a phased manner between FY2026 to FY2028. Key challenges for companies requiring implementation related to changes in actuarial and risk models, deferment of acquisition costs, deferment of reinsurance commissions, etc. This also required Change in budgeting system to align business
In 2022, Nasdaq has welcomed 156 initial public offerings (IPOs). It has facilitated the raising of $14.8 billion in total. This year, Nasdaq listed 85 operating companies and 71 SPACs, representing an 89% win rate in the US market and extending Nasdaq’s leadership to 36 consecutive quarters. There were 29
NASA’s Orion spacecraft will launch to the Moon in a few days from the Kennedy Space Center in Florida, USA. As part of NASA’s Artemis missions, the European Service Module (ESM) built by Airbus will power Orion to and from its lunar orbit. Airbus developed the ESM as the prime
Power semiconductors are critical components in the supply and management of power, as well as
The EU’s Carbon Border Adjustment Mechanism, which is presently in its transitional phase, is also
Prime Minister Modi expressed his gratitude towards the citizens for electing the government for the
