Economic Times Top Stories

• Any tax change will only fuel FPI exodus, not stop it, former finance secretary SC Garg warns
• Indian economy if rupee hits 100
• Too costly to trade India? Experts say FPIs face higher tax, compliance burden
• AI-driven finance transformation may shrink junior roles even as CFO role expands: Survey
• AI deployment across finance functions nearly doubles over the past year: Survey
• How falling rupee has cushioned India IT sector amid AI disruption
• West Asia war pushed organised plywood players to gain market share, says Greenply CFO
• RBI tightens scrutiny of overseas investments as outflows surge to $27 billion in FY26
• Rupee seen testing record lows; bonds to extend fall on Iran war jitters
• Big audit firms deploy AI tools to strengthen audit quality amid regulatory heat

Economic Times

• Trump says any Iran deal will involve 'no cash', differ from Obama-era agreement
• Diesel, petrol price hike: Fuel rates increased for fourth time since Iran war began
• India can’t escape global oil shock; fuel prices hurting economy, says former BPCL exec
• Lenders urge RBI for hedging support framework to revive overseas borrowing
• RBI ready to do 'whatever is required' to curb rupee volatility: Sanjay Malhotra
• SEBI reviewing PMS framework; consultations on MF gifting, donations underway
• Udaan in talks to raise $50-60 million from existing backers Lightspeed, M&G: sources
• India’s desi gaming startups tap culture and storytelling to break China’s grip on toy and board game market
• ICAI to set up advanced forensic lab for small, medium practitioners
• Jane Street may take Singapore route to sort out India tax row

CA Club India

• CBDT Clarifies Form 50 for Advance Pricing Agreement Under Income Tax Act 2025
• FM Sitharaman Reviews GIFT City Progress at High-Level Meeting
• Finance Ministry Allows 7 Financial Entities to Use Aadhaar Authentication Under PMLA
• Ministry of Finance Amends HSNS Cess Rules 2026: Rule 35 Sees Major Procedural Changes
• GSTN Announces Major Enhancements in e-Way Bill Portal: Mandatory Ship-To GSTIN and EWB Closure Feature
• New Income Tax Act 2025 More Taxpayer-Friendly, Simpler to Understand: Chief Commissioner
• ICAI Plans Major CA Curriculum Revamp With AI, ESG And Data Analytics Subjects
• Finance Ministry Issues Corrigendum to Customs Notification 14/2026: Key Changes Explained
• Centre Dismisses Claims of Temple Gold Monetisation Scheme Across India
• GSTN Introduces Annexure-B Offline Utility for ITC Refund Applications

BBC News

• Starmer 'appalled' by case of boys spared jail after raping teenage girls
• Trump tells US negotiators 'not to rush' into deal with Iran
• UK braces for hottest May day on record as 30C heat continues
• How Saudi Arabia's spending spree reached the end of the line
• RAF jet carrying defence secretary has signal jammed near Russian border
• She was told to marry in a country which bans girls' education. So she got in a taxi and fled
• Olivia Dean brings the curtain down on Radio 1's Big Weekend with 'magic' set
• Education secretary to ask competition watchdog to review hidden childcare costs
• Ebola outbreak poses massive challenges, warns senior charity official
• Large-scale Russian attack on Ukraine leaves four dead and dozens injured