Economic Times Top Stories

• War clouds on India's growth
• Flipkart group CFO Sriram Venkataraman quits amid ecommerce company's IPO plans
• NFRA flags independence gaps, revenue audit failures, and disclosure lapses at MSKA; firm defends compliance, cites ‘professional judgement’
• Iran-US war: How India Inc CFOs are hedging their bets amid global turmoil
• Tax disputes need accountability, swift resolution, say experts
• NFRA flags audit deficiencies at PwC, KPMG, EY, BDO affiliate firms; cites independence breaches and weak audit scrutiny
• I-T depart litigation success rate falls to 12% at HCs; panel flags mechanical appeals, seeks expert litigation committee
• NFRA, ICAI mull mechanism to boost regulatory coordination
• Par panel recommends 'paradigm shift' in I-T dept's litigation mechanism; suggests setting up expert panel

Economic Times

• NITI Aayog proposes National Job Skilling Policy to strengthen India's skilling ecosystem
• SBI gets Rs 63,375 crore tax demand for AY24, to challenge order
• Mega IPO Wave: SBI Funds and Manipal Hospitals ready DRHP filings
• US STOCKS-Wall St futures slip as Iran war rages on, investors dial down rate cut bets
• FPIs pull out Rs 89,916 crore in record 15-day sell-off, Nifty slides 10%
• AI disruption could displace 300 million jobs globally over the next decade
• Flipkart group CFO Sriram Venkataraman quits amid ecommerce company's IPO plans
• India notifies Income Tax Rules, 2026: What's in it
• Indian rupee crosses 93 against US dollar for 1st time
• Iran, Israel War: The world is on its way to a 'doomsday' gas crisis scenario

CA Club India

• Finance Ministry Revises Monetary Threshold in FEMA Enforcement Cases: Key Changes Notified
• Net Direct Tax Collections Rise 7.19% to Rs 22.8 Lakh Crore in FY26
• Finance Ministry Clarifies No Legal Definition of HNIs Under Income Tax Act
• ICAI Releases CA Final May 2026 Indirect Tax Laws Guidelines
• ICAI Releases GST Study Guidelines for CA Intermediate May 2026 Exams
• Major GST Reform: Goa Holds Property Owners Accountable for Event Taxes
• RBI Launches DLA Directory, Tightens Norms Against Illegal Loan Apps
• Banks Asked to Adopt Sign Language and AI for Hearing-Impaired Customers
• CBDT Corrects Income Tax Amendment Rules 2026 Name via Corrigendum
• Major GST Judgments 2026: No Tax on Member Welfare, Big Relief on ITC Claims

BBC News

• Iranian man arrested trying to enter Faslane nuclear base
• Civil case against Gerry Adams over IRA bombings withdrawn
• Norway's crown princess breaks silence on Epstein links: 'I was manipulated and deceived'
• Typical energy bill forecast to rise by £332 a year in July
• Officer reportedly leaks location of French aircraft carrier with Strava run
• Lily Allen's West End Girl portrait goes on show at National Portrait Gallery
• Watch: Greg James completes Comic Relief challenge, raising more than £4m
• Farage pauses Cameo account for security reasons, says Reform UK
• Sir John Curtice: Why Labour's Brexit focus has shifted from Leavers to Remainers
• Tenerife hit by snow as Storm Therese brings wind and rain to Canary Islands