Economic Times Top Stories

• SEBI clears path for promoter-group cousin to serve as independent director, clarifies LODR eligibility norms
• M3M targets Rs 28,000 crore in sales by FY27, plans to deliver one crore Sq Ft annually, Director Finance Wahaal says
• 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

Economic Times

• SEBI clears path for promoter-group cousin to serve as independent director, clarifies LODR eligibility norms
• RBI to conduct Rs 50,000 cr 2-day variable rate repo auction on Jun 3
• Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee
• At 22 pc, Haryana GST collection growth rate in May highest in country: State govt
• Court grants bail to CA accused in GST fraud case lodged in 2020
• ED arrests 4 promoters in Rs 2,004-crore homebuyer fraud case involving over 19,000 buyers
• SBI Chairman, Apple India MD among 29 members appointed to Board of Trade
• IT firms spend big on acquisitions as AI hits growth
• IndusInd Bank faces fresh whistleblower allegations
• RBI reviews expected credit loss rules amid concerns over impact on SME credit costs

CA Club India

• Supreme Court Holds Casino Winnings Payouts Do Not Reduce GST Liability
• CBDT Notifies Infrastructure Sub-Sectors as Eligible Businesses Under Income Tax Act, 2025
• Form No. 27 Under IT Act 2025: CBDT Issues FAQs on Asset Attribution After Firm Reconstitution
• ICAI President Unveils Major MSME, Sustainability and Digital Transformation Initiatives in June 2026 Message
• GST Collections Rise 3.2% to Rs 1.94 Lakh Crore in May 2026
• 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

BBC News

• Key moments of police bodycam footage
• Three quarters of workers not on track for 'moderate' pension income, report suggests
• US and Iran launch new strikes, as Kuwait says airport hit by Iranian drones
• Police sent personal details to the wrong person, says alleged Al Fayed victim
• The 18 creatures in the running to be on the new banknotes
• More heatwaves likely as warmer-than-normal summer forecast
• Shell pumped oil through Nigeria pipeline for years despite pollution evidence, documents show
• Trump administration drops $1.8bn 'compensation fund'
• Seven killed after drone hits bus in Russia-controlled part of Ukraine
• Peabo Bryson, R&B singer behind Beauty and the Beast, dies aged 75