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Hero MotoCorp celebrated twenty-five consecutive years of international leadership at the EICMA 2026 event in Milan. The company introduced new premium motorcycles alongside an innovation hub during the showcase.
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State Bank of India Chairman CS Setty projected credit growth between fourteen and fifteen percent during an interview following Q2 FY27 earnings. He also mentioned potential government reviews of long-term capital gains tax amid foreign portfolio investor outflows.
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Ferrari has updated its 2026 earnings outlook after reporting a third-quarter performance that topped market predictions. The manufacturer achieved a twelve percent rise in adjusted earnings before interest, taxes, depreciation, and amortization, driven by high-value vehicle sales and bespoke customization choices. Despite lower delivery numbers for the July through September period, customer demand remains exceptionally strong.
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The bilateral free trade agreement between India and New Zealand becomes effective on 20 October 2026. Businesses can utilize new tariff concessions, rules of origin, quota limits, and work visa mobility provisions. This pact opens fresh commercial and investment opportunities across both markets.
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Recent regulatory scrutiny addresses money-mule accounts, Unified Payments Interface (UPI) fraud, and victim compensation mechanisms. The framework incorporates Prevention of Money Laundering Act (PMLA) provisions, Reserve Bank of India (RBI) Know Your Customer (KYC) norms, and shared institutional liability. Time-bound victim compensation is also a core focus of the analysis.
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Lupin Limited announced the launch of its Raltegravir Tablets USP, 600 mg, in the United States market. The pharmaceutical company secured a 180-day exclusivity period for this rollout.
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Wagering on the upcoming US midterm elections has exceeded one point four eight billion dollars across platforms like Kalshi and Polymarket. This massive financial activity underscores the growing influence these sites hold over political conversations. Analysts warn that credibility risks could emerge if platform forecasts fail to match actual voting outcomes.
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Regional airline FLY91 plans to expand its fleet from six to approximately sixty aircraft over five years under CEO Manoj Chacko. The carrier aims to operate nearly 350 weekly flights this winter, prioritizing domestic expansion before considering international routes.
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Pension Fund Regulatory and Development Authority Circular 52/2026 updates National Pension System scheme names, risk-category disclosures, and Point of Presence platform display rules. Entities must complete all required system adjustments and compliance measures by 1 December 2026.
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The Insolvency and Bankruptcy Board of India suspended professional P.R. Raman for two years. The penalty stems from five compliance violations under the Corporate Insolvency Resolution Process. These lapses involve valuation failures, avoidance transaction oversights, delayed Form G, and late Expression of Interest submissions.
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The Directorate General of Foreign Trade issued Public Notice 38/2026-27 to amend Paragraph 8.04(iii) of the Handbook of Procedures 2023. Exporters must now provide regular online status updates regarding quality complaints and trade disputes. These updates are mandatory until the authorities completely dispose of the matters.
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Maharashtra has established guidelines for selecting Goods and Services Tax audits for the financial year 2023-24. The framework involves desk reviews, specific revenue-risk thresholds, central approvals, and regulated audit visits. Finance professionals must review compliance records against these new risk parameters.
Effective Not specified in the update
For professionals: Tax professionals must evaluate client records against the new revenue-risk parameters established for the financial year 2023-24. · Practitioners should track official state tax notifications for upcoming procedural updates and ensure all filings for the financial year 2023-24 are complete. · Maintain transparent documentation to help mitigate unexpected compliance intervention risks for businesses operating in Maharashtra.
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