Economic Times Top Stories

• NFRA flags audit deficiencies at PwC, KPMG, EY, BDO affiliate firms; cites independence breaches and weak audit scrutiny
• I-T depart litigation success rate falls to 12% at HCs; panel flags mechanical appeals, seeks expert litigation committee
• NFRA, ICAI mull mechanism to boost regulatory coordination
• Par panel recommends 'paradigm shift' in I-T dept's litigation mechanism; suggests setting up expert panel
• Parliamentary panel urges NFRA to conduct sectoral studies, frame industry specific audit guidance
• Impact of Gulf war: Input costs make electronics, cars & more goods expensive
• India on Gas: Need a Strong Push for a Self-Reliant India
• Antrix-Devas case setback: Dutch SC upholds $111 million award
• Crude above $100 raises risks for inflation, rupee and India Inc margins

Economic Times

• Oil shock crushes refiners’ margins, threatens growth as crude nears $137
• Adani Enterprises' resolution plan for Jaiprakash Associates gets NCLT nod
• Maruti Suzuki India gets Rs 5,786 crore tax notice
• Can oil hit $200? How the worst-case scenario could hurt D-Street and Indian economy
• Infosys, Wipro, Coforge, other IT stocks drop up to 6% to fresh record lows: Here’s why
• Rs 70,000 crore at stake! Can Iran war spell trouble for mega IPO plans of Jio, Flipkart, Zepto, others?
• India's oil supply gets naval shield near Hormuz amid Gulf conflict
• RBI's likely to raise liquidity to keep 'short' rates in check
• SEBI forms working group to review rules for mutual fund distributors
• India has tax buffer to avoid retail fuel price hike up to $110 a barrel: Report

CA Club India

• Raghav Chadha Proposes Optional Joint Income Tax Filing for Married Couples in Parliament
• GST Portal Requires Confirmation of "Tax Liability Breakup" in GSTR-3B from Feb 2026
• Maharashtra Allows PAN-Based Profession Tax Payment Amid MahaGST Portal Issues
• Over 50 Lakh ITRs Revised After Tax Department Flags Bogus Deduction Claims, Refunds Drop by Rs 2000 Crore
• Rs 1.77 Crore GST Evasion Case: Police Arrest Two for Creating Fake Companies
• Income Tax Refund Delays Rise Sharply, Finance Panel Raises Concern Over 27 Lakh Pending Cases
• GSTN Issues Advisory on Pre-Deposit Payment While Filing Appeals Before First Appellate Authority
• Income Tax Department Clarifies 'Significant Transactions' Emails Sent During Advance Tax e-Campaign for AY 2026-27
• Government Amends Securities Contracts Rules to Revise Minimum Public Shareholding Norms
• Finance Ministry Reconstitutes Advisory Board Under Narcotic Drugs Law for One Year

BBC News

• Scotland's assisted dying bill rejected after emotional debate
• Zelensky calls for Trump and Starmer to meet and find common ground
• Top US counterterrorism official resigns over Iran war, urging Trump to 'reverse course'
• Total repression and air strikes bring unrelenting dread for Iranians
• Morocco awarded Africa Cup of Nations title after Senegal win overturned
• 'Explosive' meningitis outbreak unprecedented – officials
• Nigeria president begins first UK state visit in 37 years
• Ad for AI editing app which said it could 'remove anything' banned
• Prince William joins Greg James on Comic Relief tandem bike ride
• Dates confirmed for new driving test booking rules