Economic Times Top Stories

• 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
• India missed out on AI and now its run as market darling may be over
• Doing more with less is India Inc's new mantra to beat tough times
• Crisis? Yes, but can it be an economic opportunity?
• How Iran war is impacting India Inc's supply chain and exports
• Morgan Stanley flags oil shock risk to India’s macro stability, sees FY27 growth slowing to 6.7%

Economic Times

• Economic outlook at risk of further deterioration, OECD says
• ICRA lowers India's FY27 GDP growth estimate to 6.2%
• Downside risks to economy have begun materializing as continued West Asia conflict casts shadow over India's trade outlook: Crisil
• "An economic storm is coming": Rahul Gandhi warns of massive financial shock to common people
• Serentica Renewables appoints Aashish Ghai as new CFO
• The great 2026 stall: IPO fundraising falls to two-year low with fears that second half could be sluggish
• Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levels
• Free trade pact by year-end: EU Chief
• Haryana cabinet approves scheme for recovery of outstanding dues under pre-GST tax laws
• NCLAT upholds NCLT order rejecting Paradeep Phosphates' Entry Tax exemption plea

CA Club India

• ICAI Introduces UDIN Ceiling for Tax Audit Assignments from FY 2026-27
• Form 35: New Tax Form for Offshore Banking Units Under IT Act 2025
• Centre Revises Excise Duty Rates on Petroleum Products Effective from May 16, 2026
• Form 154 Filing Mandatory for Certain Non-Domiciled Individuals Before Leaving India
• No Foreign Travel Tax Planned: PM Modi Dismisses Viral Media Report
• Form No. 124 Under New Tax Rules: What Employees Must Submit to Reduce Salary TDS
• Form 31 Under Income Tax Act 2025 Mandatory for Claiming Rent Deduction Without HRA
• Form No 27 Under IT Act 2025: Mandatory Reporting for Dissolution or Reconstitution of Firms
• GST Update 2026: Finance Ministry Revises Chandigarh Authority Members Under UTGST Rules
• Form 71 Under Income Tax Act 2025: FAQs, Filing Process, Eligibility, Due Date and Key Compliance Details

BBC News

• Surrey Police investigating child sex abuse allegations after Epstein files release
• Channel 4 contacted by police after Married at First Sight UK rape claims
• HS2 could cost up to £102.7bn and trains will be slower than first planned
• BBC confirms new Strictly Come Dancing hosts
• Southampton expelled from Championship play-offs for spying on Middlesbrough
• Key people smuggler arrested after BBC uncovered identity
• Supermarkets urged to limit food prices by government
• Father-of-eight killed in San Diego mosque shooting hailed as hero
• NS&I to begin contacting victims of lost funds scandal
• Disabled man 'rotting' on a hospital ward - despite being fit to go home