Economic Times Top Stories

• ICAI proposes sustainability assurance framework to bring audit like rigour to ESG disclosures
• MCA brings Social Stock Exchange instruments under CSR ambit, permits 10% allocation
• At Big 4 firms, AI is starting to reshape the tax profession
• Corporate India posts 25% profit surge in Q4 FY26, but rising costs squeeze margins
• I-T department to move Supreme Court against HC relief in public trust row
• AI bubble debate gets real as chip stocks rally
• Govt amends CSR norms; provides more leeway for companies
• India’s Emerging Businesses Thrive on Rising Consumption
• Supreme Court upholds retrospective GST on online gaming; experts warn of Rs 1 lakh crore ‘balance sheet event’
• Greenwashing in ESG reporting in India : with impunity and without accountability

Economic Times

• India's April industrial output grows 4.9% in first print of new data series
• India's gross GST collections ease to Rs 1.94 lakh crore in May from April record as growth slows to 3.2%
• MCA brings Social Stock Exchange instruments under CSR ambit, permits 10% allocation
• ICAI proposes sustainability assurance framework to bring audit like rigour to ESG disclosures
• Reliance Jio Infocomm CFO Rajneesh Jain launches book 'Quiet Excellence' in New Delhi
• I-T department to move Supreme Court against HC relief in public trust row
• At Big 4 firms, AI is starting to reshape the tax profession
• CAIT seeks further GST simplification, says monthly collections have risen sevenfold since rollout
• Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import bill
• Commercial LPG Cylinder price hiked by Rs 42 in Delhi, new rates effective from today: Sources

CA Club India

• Income Tax Department Releases Updated Common Offline Utility for ITR-1, ITR-2 and ITR-4 for AY 2026-27
• Centre Revises Central Excise Duty Rates on Petroleum Products from June 1, 2026
• ICAI Releases Revised Code of Ethics 2026
• MCA Expands CSR Framework to Include Zero Coupon Zero Principal Instruments on Social Stock Exchange
• Ministry of Finance Introduces Common Landing Portal for Unclaimed Financial Assets
• CBDT Clarifies Form 61 Filing Process for Transactions With Notified Jurisdictional Areas Under IT Act, 2025
• Form 52 Mandatory for APA Holders Under Income Tax Act, 2025
• ITR-2 Excel Utility and Online Filing Now Available for AY 2026-27
• Finance Ministry Permits Selected Financial Firms to Perform Aadhaar Authentication Under PMLA
• Finance Ministry Revises March 2026 Notification Under Actuaries Act, 2006

BBC News

• US says it struck Iranian radar sites as Iran targets American forces in Kuwait
• Satellite images suggest Iran's strikes are more precise and extensive than US acknowledged
• UK wins court case over collapsed Rwanda asylum deal
• France seized sanctioned Russian oil tanker with UK help, Macron says
• 'Don't be too kind': Maternity staff used offensive terms to refer to pregnant women
• Former England captain and manager Kevin Keegan reveals stage four cancer diagnosis
• Girl, 13, dies in hospital after river rescue
• Former first minister calls for joint Holyrood and Westminster inquiry into Murrell crimes
• Abusive passengers could be blacklisted from all airlines under new proposal
• Six people stabbed after Arsenal victory parade