Economic Times Top Stories

• NFRA flags non-compliance with SA 260 and SA 265 in auditor communication with boards and audit committees
• Union Budget 2026: Consolidated laws and simplified KYC key to reform impact, says former NFRA head
• Listing of mahavitaran- 8 steps to avoid a Maha-disaster
• CFOs bet on AI to drive productivity as tech spending outlook brightens
• Zurich Kotak General Insurance CFO sees commercial insurance driving growth over next 12–24 months, targets scale with profitability
• NFRA flags high fraud risk in revenue recognition; auditors urged to strengthen assertion-level checks
• India probe finds Tata Steel, JSW Steel, SAIL breached antitrust law, regulatory order shows
• Budget Series: What Do Leaders Expect from Budget 2026?
• CaratLane names Jigar Vyas as CFO
• India mulls tax exemption for sovereign wealth funds’ equity gains amid heavy foreign outflows

Economic Times

• BHEL, ABB, L&T plunge up to 14% after report says govt may scrap curbs on Chinese companies
• Sensex tumbles 1,600 points in 4 days, Rs 7 lakh crore erased: Trump tariffs, 5 other reasons behind market sell-off
• Budget 2026: Rising defence and infrastructure needs likely to test India’s fiscal targets
• Finance Ministry plans to scrap curbs on Chinese firms bidding for government contracts, sources say
• NFRA flags non-compliance with SA 260 and SA 265 in auditor communication with boards and audit committees
• Auto component sector to gain from strong order pipeline, demand recovery post GST cut: Report
• Export-heavy stocks bleed on Trump's 500% tariff signal; Gokaldas, Avanti crack up to 12%
• Rupee recovers after fresh RBI intervention, follow-through uncertain
• Indian top IT firms set for another tepid quarter on weak US demand, client spending
• Sebi alleges Bank of America breached rules in 2024 stock deal, document shows

CA Club India

• Govt Opens Tax Portal APIs: Large Taxpayers May Shift to Automated Compliance
• ITAT Mumbai Rejects Unexplained Cash Allegation in Pune Property Sale, Dismisses Revenue Appeal
• CBDT Notifies Two Authorities for Income Tax Exemption Under Section 10(46A) With Effect From AY 2024-25
• CBDT Grants Tax-Exempt Status to UAE-Regulated Pension Fund Under Section 10(23FE)
• GST Evasion Case: Four Arrested for Rs 1464 Crore Fake Invoice Transactions
• Year End Review 2025: Ministry of Parliamentary Affairs Highlights Key Legislative Milestones
• Union Budget 2026-27: Industry Bodies Seek Targeted Credit Relief for MSMEs
• CBDT Chairman Asks Income Tax Department to Gear Up for New Direct Tax Law from 1st April 2026
• Budget 2026 May Address Section 87A Rebate Loss for Small Investors with Capital Gains
• Income Tax Changes Ahead? Budget 2026 May Push New Tax Regime Further

BBC News

• Storm Goretti brings 99mph winds and snow as 65,000 properties lose power
• Minnesota officials say FBI blocked their access to ICE shooting probe
• Two starkly opposed Americas laid bare by deadly ICE shooting
• Jeremy Bowen: Trump risks pushing world back to age of empires
• Pupils left shivering during exams as PFI contract ends with school repairs unfinished
• Abandoned baby Elsa to be adopted and regularly see two siblings
• Huge anti-government protests in Tehran and other Iranian cities, videos show
• Two wounded in shooting involving federal agents in Portland
• Long waits for disability benefit claims unacceptable, MPs say
• Homeless men refused entry to Manchester hotel in sub-zero temperatures