Economic Times Top Stories

• NFRA sounds alarm on Ind AS 36: why impairment testing is emerging as audit’s biggest risk
• Cavinkare eyes pan-India push with new product launches and variants, says CFO Ananda Shalini
• NFRA readies sweeping audit reset, sends 40 global aligned standards for rollout
• Reforming Insolvency Profession: opportunity missed by IBC Amendment Bill
• Rupee breaches 91-Mark amid foreign outflows, Experts say volatility to continue till January
• How will Mexico's 50% tariffs impact India?
• RBL Bank CFO Buvanesh Tharashankar resigns
• JioStar appoints G R Arun Kumar as CFO
• ICAI bats for division of audit onus; signals truce with NFRA after a year

Economic Times

• ICICI Bank gets Rs 237.90 crore GST demand from CGST Mumbai
• Reliance Consumer Products acquires majority stake in Tamil Nadu’s Udhaiyams
• IndiGo under CCI radar after widespread flight disruptions
• Novartis bets big on India, builds its largest global R&D hub outside Switzerland
• PM Modi pitches CEPA as turning point for India-Oman trade at Muscat business summit
• This Indian semiconductor stock's world-beating 55,000% rally raises AI bubble fears
• How AI will reshape banking and finance in 2026: Risk, credit and fraud detection
• Sebi tweaks MF, IPO rules, skips conflict of interest changes
• Tatas bet big on iPhone, infuse Rs 1,500 crore more in electronics business
• NFRA sounds alarm on Ind AS 36: why impairment testing is emerging as audit’s biggest risk

CA Club India

• No New GoM on GST Revenue Losses Yet, Says FM Sitharaman
• GST Rate on Apparel Rationalised; 18% Tax for Garments Above Rs 2500
• GST Fraud: Four Arrested for Rs 37.87 Crore Tax Evasion Using Fake Firms
• GST Automation Playing Key Role in Tackling Tax Evasion: Finance Ministry
• Fake GST Registrations Led to Rs 31,000 Crore Tax Evasion, Govt Tells Lok Sabha
• ICAI Releases Updated UDIN Portal Manual: New Features for GST, Tax Audit and Certificates
• Income Tax Department Warns Taxpayers Against Fake Refund Messages and Scam Links
• Over 7.28 Crore MSMEs Registered on Udyam Portal as Govt Pushes Ease of Doing Business
• CBDT Reassigns Jurisdiction of Income Tax Appeals for Search and Survey Cases
• DGGI Arrests Tax Consultant and Trader in Rs 30 Crore Bogus GST ITC Racket

BBC News

• Democrats release latest batch of Epstein photos as justice department deadline looms
• Zelensky gives stark warning as EU leaders decide on Russia's frozen assets
• Golfer Rory McIlroy wins BBC Sports Personality of the Year
• UK names Christian Turner as ambassador to US, replacing Peter Mandelson
• Will pre-Christmas interest rate cut be enough to boost UK economy next year?
• HR exec in viral Coldplay clip speaks of abuse, threats and trying to find a new job
• What the latest flu figures tell us about the spread of the virus
• Children hurt in Manchester Arena bombing to get £20m in payouts
• Kennedy Center to be renamed Trump-Kennedy Center, White House says
• Unacceptable waits for adult gender clinic appointments, review says