Economic Times Top Stories

• NFRA stands firm on SA 600 revision despite ICAI concerns; consultation paper issued
• ICAI launches AQMM 2.0 to elevate audit standards for listed entities, banks, and insurance firms
• Jindal Stainless CFO Anurag Mantri sees robust growth for Indian corporates, driven by domestic consumption and quality exports
• Gaming, BFSI top GST evading sectors as DGGI detects Rs 2 lakh crore evasion
• Former Finance Secretary SC Garg urges bold reforms and STEPS investment to hit $5 trillion economy by 2027
• Deloitte reports record revenue of $67.2 billion for FY24, a 3.1% jump
• As M&A scene hots up, India Inc strengthens in-house legal teams
• Byju’s obligated to repay $1.2 billion with interest, says US lenders
• India Inc wants staff to be ‘fit’ enough for hikes
• Real money gaming sector tops GST evasion list

Economic Times

• Softbank-backed Swiggy said to eye India IPO filing this week
• Hexaware files DRHP for Rs 9,950-crore IPO
• September IPO Frenzy: Dalal Street set for biggest listing line-up in 14 years as stocks sizzle
• SME IPOs see manic rise in retail interest
• Corporate revenue growth slows to 5-7% in June quarter, lowest in 15 quarters: Crisil
• India Inc feels the pinch! Earnings downgrades in Q1 highest since June ’20
• India Inc profit shrinks 3% in Q1, worst qtr since pandemic
• JSW Cement files DRHP for Rs 4,000 crore IPO
• NITI Aayog to lay out roadmap for deepening of corporate bond market
• DIIs close in on FIIs in high-stakes battle

CA Club India

• Income Tax Department Raises Threshold for Filing Appeals in Tribunals and Courts
• CBDT Issues SOP for Handling Internal Audit Objections
• FM Sitharaman Hints at GST Rate Rationalisation to Simplify Tax Structure
• GSTN Releases Draft Manual on Invoice Management System
• GSTN Issues Advisory On Re-opening of Reporting ITC Reversal Opening Balance
• ICAI to Host Multipurpose Empanelment Form (MEF) for the year 2024-25
• FM Sitharaman Confirms No Tax Rate Reductions for Old Tax Regime
• Banking Liquidity Set to Decline Amid Advance Tax and GST Outflows This Week
• GST Council Forms GoM to Review Tax Rates on Health and Life Insurance Premiums
• GST Evasion Doubles to Rs 2.01 Lakh Crore in FY24; Mumbai Leads in Detection

BBC News

• Walkie-talkie explosions spark fresh day of chaos in Lebanon
• Keir Starmer's top aide Sue Gray paid more than the PM
• US interest rates cut by 0.5% in first drop in four years
• No holds barred in new film on Prince Andrew scandal
• Train drivers accept pay deal to end two years of strike action
• No charge for woman who spread fake name after Southport attack
• UK soldier buried in Netherlands 80 years after death
• Union criticises 'censorship' after play cancelled
• X working again in Brazil as Elon Musk finds way around ban
• Jeremy Bowen: Tactical triumph for Israel, but Hezbollah won't be deterred

Yahoo News

• Boeing furloughs thousands as it hunkers down for extended strike
• Emily Gold, Cheerleader Featured on ‘America’s Got Talent,’ Dies by Suicide at 17
• This is Utah’s richest city, study says — and it’s not Park City
• 11-Year-Old Arrested After Mass School Shooting Threat: Sheriff
• Apple users already fed up with iOS 18 for being a cheater’s paradise, and ‘making them want to throw up’
• He bought a cruise ship on Craigslist and spent over $1 million restoring it. Then his dream sank
• Cisco's second layoff of 2024 affects thousands of employees
• A Data Scientist Resigned From Twitter and Blasted Elon Musk Directly to His Face
• Treasurer of Massachusetts town fired amid investigation into stolen money, officials say
• Many women are blindsided by perimenopause. 5 facts everyone should know about this time of life.