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General Ledger Data Security: Best Practices Explained

How organisations can secure access to sensitive data in the general ledger As finance systems become increasingly digital and centralised, controlling who can see and modify accounting data has become a critical governance challenge. In modern enterprise environments, the general...

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Broadridge Upgrades Platform With New General Ledger

Broadridge upgrades investment platform with integrated general ledger and redesigned interface New York / London: Broadridge Financial Solutions has announced major enhancements to its multi-asset portfolio and trade order management platform, introducing fully integrated general ledger functionality alongside a redesigned...

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Cupid Share Price, Tourism Finance Plunge on Jan 2

Cupid shares hit 20% lower circuit; Tourism Finance also plunges on January 2 Mumbai: Shares of Cupid Limited and Tourism Finance Corporation of India witnessed sharp sell-offs on January 2, with both stocks locking in a 20 per cent lower...

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GST Cuts to Lift Credit Growth; System Lending to Rise

GST cuts expected to lift credit growth; system lending seen rising through FY27 New Delhi: Cuts in goods and services tax rates are expected to provide a fresh boost to credit growth in India, with system-wide lending projected to expand...

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J&K Orders Transfers and Additional Charge for Finance Officers

J&K government orders transfers and additional charge for 17 finance officers Jammu: The Jammu and Kashmir government has ordered transfers, postings and additional charge arrangements involving 17 senior finance officials, including Director Finance, District Treasury Officers, Chief Accounts Officers and...

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Manipal Finance Shares Under Watch After Trendline Break

Investors watch Manipal Finance Corporation for potential rebound after sharp selloff Mumbai: Shares of Manipal Finance Corporation Limited are drawing renewed attention from market participants after a steep selloff triggered a decisive break below key technical levels. The decline has...

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What Changed in Indian Finance in 2025 - And What Didn’t

India’s financial system in 2025 evolved through steady consolidation rather than headline-grabbing disruption. Across payments, lending and trade finance, the year was marked by deeper integration of digital infrastructure, greater regulatory stability and a growing reliance on data-driven decision-making. Yet...

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Two US Cybersecurity Experts Plead Guilty in Ransomware Collaboration Case

Two well-known cybersecurity professionals in the United States have admitted to working with a notorious ransomware group, a case that has sent shockwaves through the global cyber-security community. The US Department of Justice confirmed that Ryan Goldberg, 40, from Georgia,...

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UP Cyber Fraud: Retired Man Held Under ‘Digital Arrest’ for 25 Days, ₹90 Lakh Lost

A deeply unsettling case of cyber fraud has emerged from Uttar Pradesh, highlighting how fear and prolonged psychological pressure are being weaponised against senior citizens. In Lucknow, cyber criminals extorted nearly ₹90 lakh from a retired government officer by keeping...

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Finance Ministry Clears 100% FDI in Insurance Sector

Finance Ministry notifies rules allowing 100% FDI in insurance sector New Delhi: The Finance Ministry has notified amended rules permitting up to 100 per cent foreign direct investment in Indian insurance companies, formally aligning regulations with the higher investment cap...

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Hyderabad Cyber Police Warn Youth Against Money Mule Job Scams

Hyderabad Cyber Police have issued a strong public warning as cases of “money mule” recruitment scams surge across Telangana, trapping jobseekers into unknowingly laundering criminal proceeds and exposing them to serious legal consequences. According to police data, more than 2,000...

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Jaipur Cyber Police Bust Phone Hacking Racket, Two Arrested in Card Fraud Case

Jaipur Cyber Police have cracked down on a highly organised mobile hacking racket that exploited malicious links to steal debit and credit card details, funding a spree of luxury gadget purchases through quick-commerce platforms. Two alleged masterminds - Amol Chopra...

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Mumbai Cyber Cell Busts Fake RTO Challan APK Scam, Surat Businessman Arrested

Mumbai Cyber Police have arrested a Surat-based businessman accused of running a sophisticated fake RTO challan scam that preyed on motorists’ fear of penalties and licence suspension. The operation, carried out in late December, exposed how transport-themed malware is emerging...

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New GST Mechanism to Boost States’ Revenue from Feb 1

New GST mechanism for tobacco and pan masala to raise States’ revenue from February 1 New Delhi: A new GST mechanism for cigarettes, tobacco products and pan masala will come into effect from February 1, a move that government sources...

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Business Law Round-Up: Key Tax & Court Rulings

Business law daily round-up: key tax and enforcement rulings on January 1, 2026 New Delhi: Courts across the country delivered a series of significant rulings on tax, compliance and enforcement matters, underlining the judiciary’s continued scrutiny of financial misconduct, procedural...

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UAE President Launches Community-Managed Virtual Authority, Redefining People-Led Governance

New initiative empowers skilled citizens as Year of Community concludes As the UAE’s Year of Community comes to a close, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has unveiled a landmark governance initiative that places citizens directly at...

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ICAI Inducts 17,800 New Chartered Accountants Nationwide

17,800 newly qualified chartered accountants inducted as ICAI holds nationwide convocation New Delhi: The Institute of Chartered Accountants of India conducted its convocation ceremony across 15 locations on Monday, formally inducting 17,800 newly qualified professionals into the chartered accountancy profession....

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Arif Patel Announces Strategic Partnership in Dubai With UK-Based Preston Trading

Alliance positions Dubai as a global trading hub for expanded Middle East operations Dubai | January 2, 2026 Entrepreneur Arif Patel has announced a strategic partnership in Dubai with UK-based international trading firm Preston Trading, marking a significant step in...

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UAE Borrowers Brace for Slower Rate Cuts in 2026 as US Fed Turns Cautious

UAE Borrowers Brace for Slower Rate Cuts in 2026 as US Fed Turns Cautious

Cheaper loans may take time as global uncertainty tempers expectations Dubai | January 2, 2026 For UAE residents hoping that 2026 would bring quick relief on mortgages and loans, the outlook is turning more cautious. Signals from the United States...

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Remit or Hold? Asian Currencies Stay Weak as 2026 Begins in the UAE

Indian rupee, Pakistani rupee and Philippine peso hover near multi-year lows, giving expats a stronger remittance window Dubai | January 2, 2026 For thousands of UAE expatriates, the start of 2026 has brought a familiar question back into focus: Should...

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Buying Gold in Dubai This Week? Prices Rise as 2026 Trading Begins on a Cautious Note

Dubai’s gold market has opened 2026 on a firmer footing, with prices edging higher as global trading resumed after the year-end holidays. While early gains have offered some relief to buyers, market watchers say volatility remains firmly in play. As...

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UAE VAT Rule Change: What Scrap Metal Buyers and Sellers Must Know from 2026

Dubai:If your business buys or sells scrap metal in the UAE, a major VAT rule change is approaching. From January 14, 2026, the government will overhaul how Value Added Tax is applied to scrap metal transactions between VAT-registered companies, shifting...

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New UAE Sugar Tax: Sweetened Drinks Need Certificates or Face Higher Excise

New UAE Sugar Tax: Sweetened Drinks Need Certificates or Face Higher Excise

Dubai:From January 1, 2026, companies dealing in sweetened beverages across the UAE will face a clear choice: certify their products’ sugar content or pay the highest possible excise tax. The Federal Tax Authority (FTA) confirmed that producers, importers and stockpilers...

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UAE Tax Fees Updated: Paper Certificates Scrapped, New Charges Introduced

Dubai:From January 1, 2026, businesses registered with the UAE’s Federal Tax Authority (FTA) will no longer need to pay for paper-based tax registration certificates. The authority has confirmed that all registrants will now receive free electronic certificates, marking another step...

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Dubai Revises Parking Tariffs Across 17 Key Areas in 2025

Dubai:Dubai wrapped up 2025 with a broad overhaul of public parking charges across 17 major areas, as Parkin - the emirate’s largest paid parking operator - completed the rollout of new and revised tariffs aimed at easing congestion and improving...

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UAE Announces Petrol and Diesel Prices for January 2026

Dubai:The UAE’s Fuel Price Committee on Wednesday announced revised petrol and diesel prices for January 2026, offering motorists some relief at the start of the new year as global oil rates eased. Under the new pricing, Super 98 petrol will...

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Thailand Targets Scam Hubs in Cambodia, Escalates Fight Against Cross-Border Cyber Fraud

BANGKOK:Thailand has launched coordinated actions against locations inside Cambodia that it says function as hubs for transnational cyber scam operations, marking a sharper regional response to a fraud industry that has operated for years along porous borders. Thai officials stressed...

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‘Twisted Transfers’: When Conservation Wins Collided With Corruption in Odisha (2025)

BHUBANESWAR:2025 will be remembered as a year of sharp contrasts for Odisha’s Forest, Environment and Climate Change department. On the ground, conservation teams delivered rare success stories - from thriving gharial breeding to record-breaking Olive Ridley turtle nesting. Behind the...

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One Bank Account, 16 Firms: How a ₹500-Crore GST Scam Unravelled in UP

What initially appeared to be routine GST filings soon turned into one of Uttar Pradesh’s largest tax fraud investigations. The state Special Task Force (STF) has uncovered a sprawling racket in which 16 different firms were operated through a single...

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When Evidence Vanishes: How a Ranchi NDPS Case Collapsed Over ‘Rats’

In early 2022, the Jharkhand Police believed they had intercepted a major narcotics operation. Nearly 200 kilograms of ganja was allegedly seized from a vehicle on a national highway near Ranchi, leading to the arrest of a young man under...

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The Six Biggest Financial Scams Affecting Indians Today

India’s rapid digitisation - from instant payments and app-based investing to online lending and social media -has reshaped everyday financial behaviour. It has also reshaped crime. Investigators, bankers and cyber-forensics experts say today’s most damaging scams rely less on breaking...

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Cyber Fraud Surge in Indore Exposes Growing Threat of ‘Digital Arrest’ Scams

Indore, one of India’s fastest-growing cities, saw a sharp spike in cybercrime during 2025, with fraudsters cheating thousands of residents of more than ₹100 crore, according to official police data. While improved investigation methods helped authorities recover nearly 17% of...

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Meta Sued Over Alleged Failure to Curb Scams and Protect Children on Its Platforms

For most users, platforms like Facebook and Instagram are part of daily life - a place to connect, shop, discover content, and, increasingly, run businesses. That’s why a new lawsuit against Meta Platforms has struck a nerve far beyond the...

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ESET Flags First AI-Powered Ransomware That Adapts to Each Victim System

ESET Warns of First AI-Powered Ransomware That Learns From Each Victim Cybersecurity researchers have identified a new form of ransomware that behaves less like traditional malware and more like a learning system. Instead of relying on fixed instructions, this threat...

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Silver Fox Malware Campaign Uses Tax-Themed Phishing to Target India

Silver Fox Uses Tax-Themed Phishing to Push ValleyRAT Malware Into India A quietly expanding cyber campaign is showing how easily everyday digital habits - searching for software, opening tax-related emails, or downloading routine installers - can be turned into attack...

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ICB Annual Bookkeeping Survey 2024 Highlights Global Shift

ICB Annual Bookkeeping Survey 2024: A Clear Picture of Where the Industry Is Headed Bookkeeping rarely draws attention when everything is working as it should. Payments are recorded, payroll runs on time, and reports quietly land in inboxes. But behind...

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ICB Annual Bookkeeping Survey 2024 Highlights Key Industry Shifts

Bookkeeping rarely makes headlines-but when the profession pauses to reflect on itself, the insights can be surprisingly powerful. The Institute of Certified Bookkeepers (ICB) has released its Annual Bookkeeping Survey Report 2024, offering a clear and grounded look at how...

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Accounting Trends for 2025: How the Finance Profession Is Evolving

Accounting Trends for 2025: What’s Shaping the Future of Finance Accounting has quietly entered a new phase. What once revolved around ledgers, compliance deadlines, and manual checks is now deeply influenced by technology, data, and shifting client expectations. As 2025...

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Rethinking Financial Operations in a Business-First Economy

When bookkeeping works, nobody talks about it. Numbers match, reports land on time, and leadership moves on to bigger conversations. But the moment something slips-an error here, a delay there-the impact is felt across the business. Decisions slow down. Trust...

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QuickBooks Named Best AI-Powered Bookkeeping Platform for 2025

Expert Consumers has recognised QuickBooks as the best AI-powered bookkeeping solution of 2025, highlighting its advanced automation, intelligent agents and real-time financial insights that are reshaping how businesses manage their finances. According to the 2025 feature review published by ExpertConsumers.org,...

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AI, Advisory and Cloud Tech Reshape Global Accounting Firms in 2025: Wolters Kluwer Report

Wolters Kluwer Tax and Accounting has released its 2025 Future Ready Accountant report, offering a detailed look at how the global tax and accounting profession is undergoing a deep strategic transformation. Based on insights from over 2,700 professionals worldwide, the...

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FTA Warns UAE Firms to File Corporate Tax Returns on Time

FTA urges UAE companies to file corporate tax returns on time Dubai: The Federal Tax Authority has reminded businesses across the UAE to file corporate tax returns and settle any tax due within the prescribed deadlines, warning that late submissions...

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UAE Corporate Tax Sees Record Compliance: FTA

640,000 firms now under UAE corporate tax as FTA reports record compliance Dubai: More than 640,000 businesses are now registered under the UAE’s corporate tax regime, with record levels of compliance reported by the Federal Tax Authority. The FTA said...

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ED Grills Malayalam Actor Jayasurya in Save Box Investment Scam Probe

As enforcement agencies step up scrutiny of online investment platforms across India, familiar warning signs are once again coming into focus - celebrity endorsements, promises of high returns and investors left chasing answers. In Kochi this week, that pattern brought...

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Bahrain Plans Fuel Hikes, Tariffs and Corporate Tax

Bahrain targets revenue boost with fuel hikes, tariffs and corporate tax plan Dubai: Bahrain has announced a wide-ranging set of fiscal reforms aimed at strengthening public finances, marking one of the most significant adjustments under the kingdom’s ongoing economic reform...

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