financial advisory firm

A 27,000-Strong Workforce In The State Handles Taxation, Audits, Payroll And Bookkeeping For Clients Across Four Continents, Generating Approximately Rs 9,000cr Annually At Rates Up To 70% Cheaper Than What Is Charged By The US, The Industry’s Biggest Market

Indian equities experienced significant volatility as geopolitical tensions impacted markets, leading to a weaker rupee and investor caution. While fear drives knee-jerk reactions, the core design of Systematic Investment Plans (SIPs) is built to navigate these phases, turning market swings into a potential long-term advantage for disciplined investors.

Jeff Bezos' AI lab, Project Prometheus, is reportedly in talks to lease a significant office space in London's King's Cross. This move, following substantial funding, highlights the UK's growing appeal as a hub for AI companies like OpenAI and Anthropic, which are also expanding their London footprints.

A year after a devastating terror attack claimed 26 lives in Pahalgam, the valley grapples with lingering fear and a fractured tourism economy. India responded with Operation Sindoor, a cross-border military action, and extensive diplomatic efforts. While security has been bolstered, the region's recovery remains fragile, with businesses and residents still navigating the profound impact of the violence.

Every week TOI+ subscribers send in legal questions and our panel of leading experts offer well-considered, practical, and actionable opinion on every query. From property disputes to inheritance matters, divorce queries to income tax issues, My Lawyer connects you directly with experts you can trust

US agencies have issued a stark warning about escalating cyberattacks from Iran-linked hackers targeting critical infrastructure like water and energy. These sophisticated attacks aim to disrupt operations and cause financial losses by exploiting vulnerabilities in industrial control systems. Companies are urged to immediately review security measures to prevent further compromise.

Even as it is confident of India’s ability to come out of the fresh global uncertainty, RBI has flagged five risks due to the US-Iran war that could negatively impact the economy.

Kash Patel, a close Trump confidant, is now the FBI Director in Trump's second term. His career as a federal prosecutor and national security official, coupled with his staunch Trump support, has made him a polarizing figure. Patel's net worth is estimated at $5 million, with significant earnings from consulting, media, and stock awards.

KPMG UK is cutting nearly 600 roles in its audit division and around 120 in advisory, citing tougher market conditions and unusually low staff turnover. The proposed redundancies, potentially affecting up to 440 audit staff, aim to right-size operations. This move highlights broader cost-cutting pressures across professional services firms.

KPMG's UK audit division is preparing to cut up to 440 jobs, primarily targeting qualified assistant managers. The firm cites a "low attrition" rate, leading to a "bloated" middle tier that needs "right-sizing" to match current market demand. This move reflects a broader trend in the consulting sector, where firms are prioritizing efficiency and AI adoption.

Nashik police arrested self-proclaimed godman Ashok Kharat in March 2026 on charges of repeated sexual assault, exploitation, and financial wrongdoing. A cascade of FIRs followed, with over 100 calls reporting various offenses, revealing a widespread alleged exploitation racket. The investigation expanded to include financial crimes and a political storm erupted, leading to resignations and calls for accountability.

The US SEC has issued a stark warning to investors, urging caution against relying on group chat advice for investment decisions, as these platforms are often breeding grounds for scams. Fraudsters impersonate experts, use AI for fake endorsements, and lure victims with fabricated profits, demanding fees for withdrawals.

US financial and tech firms are enhancing security and reducing office presence in the Middle East following Iran's threats to target economic centers linked to America. Companies like Citigroup, Standard Chartered, and Google have implemented precautionary measures, including mandatory work-from-home policies for staff in the region due to heightened security concerns.

Jeffrey Epstein's vast wealth remains a puzzle. His financial career involved secretive deals and powerful connections. He earned millions from a few billionaire clients, including Les Wexner and Leon Black. Epstein also benefited from tax breaks in the US Virgin Islands. His empire eventually collapsed amid legal troubles. Investigations continue to uncover the full story of his fortune

Global conflicts, from the Middle East to Ukraine, are directly impacting Indian households. Expect higher grocery bills due to rising LPG, cooking oil, and pulse prices. Commuting costs are increasing with fuel surcharges on flights. Even education abroad and consumer electronics are becoming more expensive, while stock market losses affect savings. The ripple effects are undeniable.

India continues to be the largest recipient of remittances in the world. India’s share in the world remittances stood at 14% in 2024. What does the current US-Iran war and the Middle East conflict mean for remittance flows to India? What is the dependence, macro importance?