Economic Times Top Stories

• SEBI’s revised Related Party Transaction norms: What CFOs and Audit Committees must know to stay compliant
• India’s CXO hiring rises 9.5% in FY25, shift to performance-led leadership: Survey
• GST rate rejig likely: Relief for tractors, ACs, and term insurance on the cards
• Labour force participation falls to 54.2% in June, Rural women most affected
• States flag loss of fiscal autonomy under GST, raise concerns over revenue flexibility
• Indian real estate activity drops by 39% in Q2 with 17 deals at USD 1.3 bn
• Mid East Portfolio Management appoints Poonam Shah as CFO
• Supreme Court relief for IndiGo & SpiceJet: No retrospective IGST on reimported aircraft parts
• India’s retail inflation slips to 2.10% in June, Lowest in over 6 years
• Explainer: How ICAI plans to regulate Indian CA firms’ global ties, what’s changing, and why it matters

Economic Times

• Parliamentary panel on Income Tax Bill adopts report, makes 285 suggestions
• Indian fund managers line up long-short equity funds for wealthy
• India's electronics boom offsets slump in traditional exports: GTRI
• Tariff-tinged US inflation boosts dollar, set to weigh on rupee
• Instamart profitability still a long way away, AOV ramp-up key to improve performance: Elara
• Mid-year ecommerce sales spike sets the stage for cracking festive season
• Zepto Cafe scales down amid sourcing, staffing hurdles
• OpenAI’s former CTO Mira Murati’s startup Thinking Machines raises $2 billion led by a16z
• Piyush Goyal engages with deeptech startups to boost funding, infra, global market access
• RBI's commitment to keep sufficient liquidity will facilitate rate cut transmission: Fitch

CA Club India

• GST Officers Leaking Return Data to Rivals for Money, Alleges Gujarat CA Group
• CBDT Reports Income Tax Refund Time Slashed to 17 Days in 2024 from 93 Days in 2013
• GST Department May Probe 29 Celebrities for Endorsing Illegal Betting App Promotions
• Two Brothers Arrested in Ludhiana for Cricket Betting and Fake GST Firms
• CBDT Notifies Tax Exemption for District Legal Services Authorities in Haryana
• UPI Data Leads to GST Crackdown: Karnataka Govt Issues Notices to 14,000 Traders
• Income Tax Department Cracks Down on Fake Deductions: Rs 1045 Crore Claims Withdrawn
• JandK Government Makes GST-Linked Bank Accounts Mandatory for Contractor Payments
• Shipping Ministry Pushes for Tax Parity to Support Domestic-Flagged Vessels
• GSTN Clarifies Table 12A Issue in GSTR-1 for B2C Transactions

BBC News

• Ex-defence secretary says he makes 'no apology' for Afghan injunction
• Co-op boss confirms all 6.5 million members had data stolen in cyber-attack
• Trump says US attorney general should release any 'credible' information on Epstein
• Physician associates should not diagnose patients, says review
• Southern Water issues hosepipe ban for 1m people
• Man who murdered British backpacker Peter Falconio dies
• Kew Gardens' Palm House to close for five years for net zero makeover
• Twenty killed in crowd surge at Gaza aid site, GHF aid group says
• Trip drink ad banned over claim it makes you calm
• John Torode sacked as MasterChef host after racist language allegation upheld