Education

ICMAI Releases Two Handbooks to Help Stakeholders Prepare for April 2027 ECL Implementation

Guides cover credit-loss assessment, loan restructuring, risk management and practical banking requirements New Delhi: The Institute of Cost Accountants of India (ICMAI) has launched two new handbooks designed to help banks, borrowers, MSMEs and finance professionals navigate the upcoming Expected Credit Loss (ECL) framework and the restructuring of stressed bank…

India

Budget 2026: ₹12.2 Lakh Crore Capex, Rare Earth Corridors and ₹10,000 Crore MSME Fund Announced

Government doubles down on infrastructure, critical minerals and MSME growth; Finance Minister Sitharaman outlines major economic roadmap New Delhi: Finance Minister Nirmala Sitharaman presented the Union Budget 2026–27 in the Lok Sabha on Sunday, marking her ninth consecutive Budget. In this year’s speech, she placed clear focus on infrastructure expansion,…