Economic Times Top Stories

• Price shock: How Middle East conflict has raised inflation risks, squeezed corporate margins
• ICAI reinforces mandatory forensic audit, sustainability assurance norms in revised Code of Ethics
• 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

Economic Times

• Audio book platform Kuku files confidential papers for up to Rs 3,500-cr IPO
• IIFL Finance nets $500 million in overseas bond sales
• Indian firms opt for confidential IPO route amid West Asia-led market volatility
• The great 2026 stall: IPO fundraising falls to two-year low with fears that second half could be sluggish
• India considers reducing taxes on bond investments by foreigners, reports Bloomberg News
• Zepto, Dhoot Transmission among 6 companies to secure Sebi's nod for IPO
• Companies look to shrink issue sizes to get IPOs pass through
• Sun Pharma explores funding mix for $12 billion Organon deal
• Indian companies announce $1.1 billion investment in US, to create 1,500 jobs
• India's bank credit growth accelerates to 15.9% in FY26 on strong demand across sectors: Finance Ministry

CA Club India

• ICAI Code of Ethics 2026 Recommends Digital-Only Payment of Audit Fees
• RBI Denies Reports of Gold Sale, Confirms Gold Reserves Unchanged at 880.52 Tonnes
• India Engages with US Over Proposed Section 301 Tariffs
• 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

BBC News

• New NHS drug offers ovarian cancer patients more time and better quality of life
• Israel and Lebanon agree to implement ceasefire if Hezbollah stops attacks
• US House votes to rein in Trump's war powers in rebuke over Iran
• NHS staff should be banned from wearing pro-Palestinian badges, report recommends
• MI5 warns Chinese spies are using job websites to target government staff
• What a hair loss breakthrough could mean for women like me
• Germany blames Russia for 'bitter defeat' in UN Security Council bid
• 'I left a children's home – and was embraced by love'
• Police chief apologises to Henry Nowak's family over handcuffing and arrest
• 'Apocalyptic' Tata Steel fire breaks out as people told to stay indoors

Yahoo News

• Israel to continue operations in Lebanon for now despite ceasefire, defence minister says
• 'The View' erupts after Hostin declares 'I would hold my nose' and vote for scandal-plagued Graham Platner
• US FDA to review AI-based tool to predict drug-related liver damage
• Attitudes toward same-sex marriage and transgender issues are shifting, Gallup poll shows
• Los Angeles Mayor Karen Bass silent as Kathy Griffin accuses LAPD of White nationalism
• Ebola virus can linger in body for hundreds of days, doctor warns
• A$AP Rocky Breaks His Silence On How He & Rihanna Are Doing After Shooting
• President Trump questions why Jill and Joe Biden went to a Waffle House after she feared stroke
• Microsoft reveals new quantum chip made with AI, says it will have systems by 2029
• With Trump in a holding pattern on Iran war, allies and critics worry he risks getting boxed in