Economic Times Top Stories

• Chandrasekaran's Exit: Succession Planning and the Board's Responsibility
• MCA tightens Ind AS accounting rules, revises financial instrument classification and disclosure norms
• RK Forgings targets Rs 10,000 crore revenue by FY30, eyes 15-20% volume growth: CFO
• Only 22 Women CFOs, 9 CEOs Among Top 500 Listed Firms
• N Chandrasekaran’s five big moves: The bets and battles that defined his Tata Sons tenure
• Chandrasekaran exit marks end of transformative Tata era, CFOs flag succession challenge
• Tata Sons Chairman N Chandrasekaran to step down in February 2027
• Beyond Chandrasekaran: Will Tata Sons opt for a new chairman or split power between chairman and CEO?
• India's direct tax collections rise 23% to Rs 8.11 lakh crore as non-corporate tax drives growth
• Finance panel seeks sector-specific audit studies, faster NFRA reforms

Economic Times

• PM Modi Speech Highlights: Prime Minister sets 2047 target, pitches self-reliance and faster growth on Independence Day 2026
• Oracle layoffs August 2026: ‘6am layoff email’ may hit inboxes next month on this date as managers asked for names, after 10,000+ workers were cut in March
• SC slaps Rs 10 lakh fine on Reliance Industries for delaying NTPC gas supply suit
• Current account deficit widens to USD 6.2 bn in June: RBI data
• Amid strong forex inflows, RBI to end FCNR(B) swap facility early
• Sebi revises InvIT cash flow framework to allow adding back external debt-funded maintenance costs
• Sebi mulls settlement overhaul; plans fast-track route for cases up to Rs 10 lakh
• Parliament approves Mines & Minerals Update Bill, restricts states’ powers to tax mining
• Sebi broadens scope of online bond platforms, permits IFSCA-regulated products and tax-saving bonds
• SK Singh, Pallavi Agarwal, Vatsalaa Jha appointed as new CBDT members

CA Club India

• Key Allowances and Deductions Available to Taxpayers for Tax Year 2026-27
• CBDT Issues FAQs on Section 536 Transition Provisions Under Income Tax Act, 2025
• Tax Benefits for Senior Citizens in FY 2026-27: Deductions, TDS Relief and ITR Exemptions
• CBDT Releases Guidance Note on Crypto-Asset Reporting Obligations under Income Tax Act 2025
• Taxpayers Beware: PIB Exposes Fake Income Tax Notice Asking for Rs 6000 Payment
• NCLT Launches e-Inspection and e-Certified Copy Services to Enhance Digital Access for Stakeholders
• ITR-7 Online Utility Enabled on Income Tax Portal for AY 2026-27
• MSME Development (Amendment) Bill, 2026 Passed by Parliament
• Direct Tax Collections Jump 23% to Rs 8.11 Lakh Crore as on 10th Aug 2026
• CBDT Approves Sir Ganga Ram Trust Society for Scientific Research Tax Benefits Under IT Act, 2025

BBC News

• Rescuers search for survivors of powerful Indonesia earthquake
• Reform UK plans to overhaul welfare system to save £50bn
• Major incidents across UK putting firefighters under 'incredible pressure', fire chief says
• Ariana Grande leaves problems at home as her tour hits the UK
• Hawaii battles strong winds and rain as Hurricane Lala threat looms
• Morocco detains dozens of migrants trying to cross into Ceuta, reports say
• Hunt wins third gold as Asher-Smith makes history
• What's driving men to get penis fillers, despite the risks?
• From making friends to managing money: Students' advice for this year's freshers
• The influencers getting bitten while chasing the perfect shark shot