

At the board level, there is confluence of talent. Undoubtedly, we need people of different backgrounds, and their financial literacy is unlikely to be of a similar level. However, collectively, the board must define boundaries within which management is supposed to operate.
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The Institute of Directors (IOD), India hosted its Global Webinar on June 11, 2026, convened under the theme: Financial Acumen in the Boardroom for Good Corporate Governance.
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Health insurance literacy in India is facing a significant challenge. It is not merely a rural issue. It is an urban issue, a professional issue, and perhaps most importantly, a women's issue. Until we recognise the problem clearly, we risk designing solutions for the wrong diagnosis.
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What I found when I arrived was this: there was a very simplified Board framework at SBIML with only one Committee viz ECOD (Executive Committee of Directors). No Audit Committee. No Nomination and Remuneration Committee. No Risk Management Committee.
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Today's CFO is expected to be a strategist, storyteller, risk manager, technology champion, and a business partner. In The CFO Playbook, Mr. Sambasivan G. offers a practical roadmap for navigating this expanded mandate with clarity and purpose.
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To address these concerns, SEBI plans to issue comprehensive guidelines on the ethical and responsible deployment of AI by regulated entities. The framework will draw upon international best practices, including the International Organization of Securities Commissions (IOSCO) AI supervisory toolkit.
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India and the United Kingdom have resolved last-minute differences over steel import duties and announced July 15, 2026, as the implementation date for their landmark Free Trade Agreement (FTA). Alongside the trade pact, a social security agreement will also come into force, exempting Indian and British workers from making dual social security contributions while working in the other country.
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The Institute of Directors (IOD), Bengaluru Region, successfully organised its Regional Conclave on 13 June 2026 at Hotel Royal Orchid, Bengaluru, bringing together directors, industry leaders, governance professionals, entrepreneurs, and business executives for a day of insightful discussions on corporate governance, board accountability, financial oversight, and start-up leadership.
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The financial awareness expected of company directors is one aspect of a broader perception needed to ensure the future success of entities on whose boards they serve.
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The emergence of Artificial Intelligence (AI), digital transformation, data-driven decision-making, and increasingly complex global markets has fundamentally altered the financial landscape in which boards operate. In the emerging age of AI, financial oversight extends beyond reviewing balance sheets and profit-and-loss statements.
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Institute of Directors (IOD) is an apex national association of Corporate Directors under the India's 'Societies Registration Act XXI of 1860'. Currently it is associated with over 30,000 senior executives from Govt, PSU and Private organizations of India and abroad.
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