Economic Times Top Stories

• Exclusive: NFRA board approves key amendments to Ind AS 109; proposal to be sent to MCA
• Air India crash report: From fuel control shutoff in a second to pilots' MAYDAY call, check key findings
• Centre extends tax exemption to sovereign wealth funds & pension funds for 5 years
• The rise of private credit
• ICAI set to lift advertising ban for CAs; experts call for wider reforms to build Indian accounting giants
• Income Tax department mulls probe into Jane Street after SEBI allegations of market manipulation
• India Inc remains Optimistic on Jobs and Capex Despite Profit, R&D Worries
• GST Council meet delay raises concerns over policy clarity, compliance challenges, say experts
• Federal Bank elevates CFO V. Venkateswaran as Executive Director
• Mankind Pharma’s focus on debt reduction, select in-licensing, not big-ticket M&As, says CFO Ashutosh Dhawan

Economic Times

• IIFL Home Finance gets funding from Asian Infrastructure Investment Bank
• The rise of private credit
• ICICI Prudential AMC files IPO papers with Sebi
• Adani Enterprises to Raise Rs 1,000 crore via NCDs
• Corporate profits in India grew nearly 3x faster than GDP between FY20-25: Report
• Standard Chartered faces $2.7 bn lawsuit linked to 1MDB scandal
• Adani Enterprises to sell bonds with 2-5 year maturity, aims to raise Rs 1,000 crore: Report
• Hero Motors refiles papers for IPO, raises issue size to Rs 1,200 crore
• Rs 72 lakh crore stock market boom flashes valuation warning. Where's the smart money going?
• Bank credit growth slows across segments; risks of further deceleration, says RBI FSR

CA Club India

• Audit Timeline Extended for FY 2021-22 Under WBGST Act
• PAN, Aadhaar Misuse Triggers GST Notices: Rs 145 Crore Fraud Hits Rural Victims
• CBDT Extends Tax Exemption Timeline for Sovereign Wealth and Pension Funds Till March 31, 2030
• DGGI Busts Rs 266 Crore GST Fraud Involving Six Shell Companies
• ICAI Reconstitutes Expert Panel to Address Statutory Audit Queries pertaining to Auditing Aspects
• Income Tax Department Releases Excel Utilities for ITR-2 and ITR-3 for AY 2025-26
• GST Fake Invoicing Scam Worth Rs 10.76 Crore Exposed in Rae Bareli
• CBDT Collects Rs 20,000 Crore in Q1 FY2025, Doubles Previous Year's Recovery
• GSTAT Launches Comprehensive User Manual for Online Filing of Appeals and Applications
• ICAI Invites Chapter-Wise Feedback on CA Study Material for Foundation, Intermediate and Final Courses

BBC News

• Why cockpit audio deepens the mystery of Air India crash
• BBC faces dilemma over new series of MasterChef
• Men charged after women die following care home crash
• 'They were just kids': Mother mourns sons killed in Israeli strike while waiting for aid
• Faisal Islam: We are heading for significant tax rises
• What we know so far about Air India crash investigation
• Fuel to engines cut off before Air India crash, preliminary report says
• Who are the victims of the Air India plane crash?
• Inside King Charles's fiery gathering that shone a light on his beliefs
• Med Sea heatwave might feel nice for holiday swimming, but there's a catch