Economic Times Top Stories

• India Inc hails India-UK FTA as a game-changer for exports, services, and global talent mobility
• Bombay HC quashes GST demand on developer, says not taxable under ‘TDR’
• JSW Steel-BPSL SC order unprecedented, takes IBC into uncharted territory: Experts
• Big six audit firms maintain firm grip on India Inc as mandatory rotation looms
• RateGain appoints Rohan Mittal as CFO
• JK Tyre targets 50% reduction in emissions and water use by 2030 with $100 million ESG loan, says CFO Sanjeev Aggarwal
• Why TDS return filing has become tedious for companies after 6-yr revision window?
• India’s Services PMI expands to 58.7 in April as export orders rise
• Nitin Kalani to serve as new Group CFO of Dhoot Transmission Group
• Kotak to focus on value for credit card business than volume; target is affluent segment, says CFO

Economic Times

• Reliance Power raises Rs 348 cr via preferential issue of shares
• Sundaram Home Finance to raise over 6k cr in FY26
• Japan's Rakuten to invest at least $100 million in India, increase hiring, top executive says
• Travel Food Services get Sebi's approval to launch Rs 2,000-cr IPO
• Canara HSBC Life Insurance files DRHP with Sebi for IPO
• JSW MG Motors sets in motion up to $350 million fund raise from PE investors
• KKR-backed InCred is said to be in talks with advisers on Rs 4,000 crore IPO
• Urban Company set to file DRHP for Rs 2,000-crore IPO
• India's Shriram Finance mulling yen-denominated fundraise to diversify borrowing, CEO says
• Zepto founders tap Edelweiss, others for Rs 1,500 crore structured debt to boost Indian ownership

CA Club India

• CBDT Notifies New ITR-6 Form for AY 2025-26
• Income Tax Dept Targets Disposal of 2 Lakh Appeals Worth Rs 10 Lakh Crore in FY26
• Finance Ministry Brings Key Payment Law Amendments into Force from 9th May 2025
• GSTN Defers Invoice-wise Reporting Functionality in GSTR-7 Due to Technical Glitches
• CBDT Tightens Oversight on Top Advance Taxpayers to Boost FY26 Direct Tax Collection
• IT Department Recovers Rs 1,400 Crore From 63,000 Donors Linked to Dubious Political Donations
• CBIC Directs GST Officers to Ensure Timely Record Submission to CAG Audit Teams
• Finance Ministry Notifies Five NBFCs for Aadhaar-Based Authentication Under PMLA
• ICAI Welcomes Observations of the Candidates on the Question Papers of CA May 2025 Exams
• CBDT Notifies New ITR Form ITR-2 for AY 2025-26

BBC News

• What happens next between India and Pakistan? Four key questions
• Watch: The first day of the papal conclave in a minute
• WeightWatchers files for bankruptcy as fat-loss jabs boom
• Joe Biden on Trump: 'What president ever talks like that? That's not who we are'
• Israeli embassy in London was target of suspected terror plot, BBC understands
• Interest rates expected to be cut by Bank of England
• Soviet-era spacecraft likely to crash back to Earth
• Man stabbed to death in bank named as local restaurant owner
• Ex-police officers acquitted of murder charges in Tyre Nichols beating death
• 'It felt like the sky turned red', says witness to India strike in Pakistan