Economic Times Top Stories

• West Asia war pushed organised plywood players to gain market share, says Greenply CFO
• How falling rupee has cushioned India IT sector amid AI disruption
• 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

• 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
• Delhi govt slashes VAT on aviation turbine fuel from 25% to 7%
• Maharashtra announces 6-month reduction in VAT on aviation fuel; airfares likely to stabilise
• Current account deficit to widen to 2.3 pc of GDP in FY27 from 0.9 pc in FY26: Report
• NITI backs 5% GST slab for R&D procurement
• Reliance in talks with Chinese battery behemoth CATL & others for big battery system parts
• Adani Enterprises resolves US Treasury sanctions case with $275 mln settlement after 'proactive' disclosure, cooperation

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

• Married at First Sight rape allegations 'serious', says government
• New High Street crime unit to target gangs fronting shops after BBC investigation
• Wrongly jailed Malkinson tells BBC: 'I've been cheated, very badly cheated'
• Trump says he called off new Iran attack at request of Gulf states
• Chris Mason: Inside the shadow contest to be our next prime minister
• Selling children to survive: Afghan fathers forced to make impossible choices
• Is there a late spring heatwave on the way?
• Teen suspects fatally shoot three in suspected hate crime at San Diego mosque
• 'Untouchable' teen motorbike thieves mocking victims on TikTok
• Ex-British soldier imprisoned by Russia says he feels abandoned in occupied Ukraine