Latest Institute of Chartered Accountants of India News & Updates

Mumbai, April 21 (IANS) HDFC Life Insurance Company has reappointed Vibha Padalkar as its Managing Director and Chief Executive Officer for another five-year term, according to a regulatory filing submitted to stock exchanges on Tuesday. The decision was approved by the company’s Board of Directors at its meeting, following a recommendation from the Nomination and Remuneration Committee.Padalkar’s new tenure will commence on September 12, 2026, and will run for five years, subject to approva…

New Delhi, Dec 30 (IANS) Economist and former President of the Institute of Chartered Accountants of India (ICAI), Ved Jain, on Tuesday said that allowing 100 per cent foreign direct investment (FDI) in the insurance sector will prove to be a positive step for India’s economy and consumers.Speaking to IANS, Jain said that in developed countries, FDI in insurance has not created problems; instead, it has increased competition and improved services.“With 100 per cent foreign investment, compet…

New Delhi, Dec 23 (IANS) The India-New Zealand Free Trade Agreement (FTA) will give investors more confidence as both the countries access each other’s market to gain across the spectrum, Ved Jain, economist and former president of the Institute of Chartered Accountants of India (ICAI), said on Tuesday.By securing improved market access for Indian goods, expanding opportunities in services and mobility, and deepening collaboration in agriculture, investment and emerging sectors, the Agreement …