Economic Times Top Stories

• Waaree Energies bets on capacity ramp-up, backward integration to fuel next growth phase: CFO Abhishek Pareek
• Net direct tax collection rises 5% to Rs 23.40 lakh cr in FY26, misses revised budget target
• NFRA sets audit inspection timelines: 10-day reply, 180-day compliance; lapses public
• The Billion Who Don't Count:Why Indian Business Must Stop Chasing the Same 10Crore Consumers
• Exclusive: Govt asks ICAI to flag market access barriers in professional services despite FTAs
• RBI's ECL norms may cause up to 120 bps one-time hit for banks: Crisil
• Lenders’ Digital Mindset to Boost Small Businesses
• Gross GST collections hit record high of Rs 2.43 lakh crore in April 2026 despite US-Iran war concerns
• Castrol India bets on pricing actions, cost efficiency as crude, FX volatility persists: CFO Srinivasan
• How AI-led deflation is dragging Indian IT firms but spurring innovation

Economic Times

• Aye Finance appoints Gaurav Seth as CFO amid growth push in MSME lending
• India, US 'very close' to trade deal, need to get over last hurdle, Deputy Secretary of State Christopher Landau says
• Rare earths, PCBs among 40 sub-sectors on FDI fast track
• Cabinet approves two more semiconductor manufacturing units in Gujarat with cumulative investment of over Rs 3,900 crore
• 'AI push to bring Rs 4,100-cr revenue': Mahindra Group's Anish Shah
• Ola's full stack AI plans shrink on A-level exits, funding woes
• Oil Price Today (May 6): Crude oil falls below $110, down 6% in just two sessions. What’s behind the dip?
• Sun Pharma explores funding mix for $12 billion Organon deal
• Indian companies announce $1.1 billion investment in US, to create 1,500 jobs
• Kumar Mangalam Birla takes charge as non-executive Chairman of Vodafone Idea

CA Club India

• New Income Tax Rules for High-Value Transactions: SFT Reporting Made Mandatory
• Direct Tax Collections Rise 5.12% to Rs 23.40 Lakh Crore in FY 2025-26
• MCA Alerts Stakeholders to File LLP Form 11 for FY 2025-26 by 30th May 2026
• DFS Pushes for Tech-Driven Insurance Growth and Broader Coverage Across India
• ICAI Invites Feedback on CA May 2026 Question Papers
• ICAI Releases Draft Panel for Appointment of Statutory Auditors of Co-operative Banks for FY 2026-27
• Form 164 Under IT Act 2025: Mandatory Reporting Rules for Film, OTT and Event Producers
• RBI Gets New Deputy Governor: Rohit Jain Appointed by Centre
• ICAI Pushes Digital Audit, ISAS Standards to Strengthen Financial Governance
• New FDI Rules: Key Changes Under FEMA 2026

BBC News

• BBC traces how 10 minutes of Israeli bombing brought devastation to Lebanon
• Watch: The Lebanese neighbourhoods shattered by Israel's ten minute bombing raid
• Airlines cut 13,000 flights in May as jet fuel prices soar
• Catherine to return to overseas visits with Italy trip
• Campaigning sprint finish ahead of elections around Britain tomorrow
• Met forms team after attacks on Jewish community
• The league is the dream - but is this Arsenal's moment in Europe?
• 'I thought he was going to hit me,' OpenAI co-founder says of Musk
• Next to hike prices by up to 8% outside Europe due to Iran war costs
• Apple to pay up to $95 to some US iPhone buyers over AI lawsuit