Economic Times Top Stories

• Exclusive: ICAI proposes majority-control rule for multidisciplinary partnership firms
• ECL framework can be misused for smoothing profits, warns Ashok Haldia on governance risks in banks
• Audit watchdog NFRA rolls out model strategy to fix audit planning flaws and raise accountability standards
• Exclusive: Govt reviews procurement norms to help build ‘Desi Big Four’ in audit and consulting
• Hitachi Payments eyes $1 bn revenue, betting on global expansion, AI, and new product lines, says CFO
• India’s manufacturing PMI jumps to 59.2 in October, fastest expansion in five years
• Anil Ambani's Reliance in ED storm; more than 40 properties worth ₹3,000 crore attached
• Trump tariffs trigger 37.5% drop in Indian exports, alarm bells ring across key sectors
• GST revenue in FY26 to exceed budget estimates, says SBI Research
• India plans to triple rare earth magnet incentive outlay to over ₹7,000 crore

Economic Times

• Toyota, Honda turn India into car production hub in pivot away from China
• Microsoft to offer in-country Copilot data processing in India by 2025-end
• Adani Energy to supply 60 MW green energy to RSWM's textile plants
• India's RBL Bank says Emirates NBD to launch open offer on December 12
• India's solar manufacturing capacity set to exceed 125 GW, raising overcapacity concerns
• Fitch revises outlook on Adani Ports, Adani Energy to stable
• Logistics startup Porter lays off 300-350 employees
• PSU banks post 9% rise in profit to record ₹49,456 crore in Q2
• India emerges as OpenAI’s second-largest market: CTO Srinivas Narayanan
• NSE IPO: Exchange sets aside Rs 1,300 crore to settle Sebi cases as market listing draws closer

CA Club India

• 20 States Report Dip in GST Collections in October Amid Transition to GST 2.0 Rate Structure
• FM Sitharaman Announces Next-Gen Customs Reforms, Reaffirms Fiscal Discipline and Growth Vision
• CBIC Clarifies GST Registration Requirement for Importers Storing Goods in Warehouses Outside Their Home State
• CBDT Grants Income Tax Exemption to Karnataka Housing Board Under Section 10(46A)
• Income Tax Department Withdraws Long-Pending Rs 8500 Crore Transfer Pricing Case Against Vodafone India
• CAT Cuttack Imposes Rs 20,000 Cost on CBIC Officer for Non-Compliance in Suspension Case
• ICAI Presents Pre-Budget Suggestions for Union Budget 2026-27
• Income Tax Department Warns Taxpayers Against Fake Messages and Phishing Scams
• CBI Books CGST Assistant Commissioner in Jaipur for Rs 2.54 Crore Disproportionate Assets
• Finance Ministry Invites Industry Suggestions for Union Budget 2026-27 on Direct and Indirect Taxes

BBC News

• Crime fixer caught by BBC offering to erase £60K fines on migrant workers
• Watch: BBC reporter confronts man at centre of illegal worker network
• Police hunt for two men mistakenly released from prison
• Inside Gaza, BBC sees total devastation after two years of war
• Patients left in limbo - how the NHS is closing the door on ADHD cases
• William announces Earthshot Prize 2025 winners in Rio
• Mexico president to seek charges after being groped on street
• 'It was fight or flight': Man drove car at train stabbings suspect after attack
• Interest rates expected to be held as Budget looms
• 'Vibe coding' named word of the year by Collins Dictionary