Economic Times Top Stories

• Arbitrary macro assumptions, weak LGD and ignored EAD can materially distort ECL for banks and NBFCs: NFRA
• Govt to expand trust-based tax regime, create large pool of 'trusted entities': Revenue Secretary
• India could capture $30 trillion of new value in three decades in an AI-driven world: Mukesh Ambani
• Over 60 agencies, 600 notifications to come under unified customs platform: CBIC Member
• US tariff relief, strong banks & MSME credit will support Budget growth agenda: M Nagaraju
• Experts see export competitiveness gains; India–US trade projected at $500 billion
• US to cut tariffs on India from 25% to 18% under new trade deal, says Trump
• UNION BUDGET 2026-27: The Good and Not So Good for Businesses
• CFOs call Budget 2026 balanced, laud customs reforms, but flag execution risks
• Budget 2026 throws open safe harbour gates, promises sharp fall in tax disputes for IT firms and MNCs

Economic Times

• LIC Q3 Results: Cons PAT jumps 17% YoY to Rs 12,930 crore, net premium income also up 17%
• Silver sinks 10%, sheds Rs 26,000/kg on MCX; gold slips 3%. Where are prices headed from here?
• Joint statement on India–US trade deal due in 4-5 days: Trade minister
• AI job fears trigger IT selloff; Unmesh Sharma sees opportunity for Indian IT, not doom
• Arbitrary macro assumptions, weak LGD and ignored EAD can materially distort ECL for banks and NBFCs: NFRA
• Marico to acquire majority stake in protein supplement brand Cosmix valuing it at Rs 375 crore
• India must boost capital markets so Indians grow with economy: Larry Fink, chief executive, BlackRock
• From feature to foe: Anthropic move is a trailer of AI-pocalypse
• India and Gulf Cooperation Council to ink fresh terms for FTA talks today
• Sebi to ease ‘fit and proper person’ criteria

CA Club India

• Section 536 Amendment: Past Deductions to Be Treated as Income from AY 2026-27
• TDS/TCS Guidelines to Become Binding on Tax Authorities and Deductors from April 2026
• Penalty of Rs 200 per day for Non-Reporting of Crypto Transactions From April 2026
• Clarification on 60-Day Limit for TPO Orders to Reduce Litigation
• TCS Rate Changes from AY 2026-27
• Big Change in MAT Rules: No New MAT Credit, Rate Reduced to 14% From AY 2026-27
• Penalty for Under-Reporting of Income to Be Imposed in Assessment Order From AY 2027-28
• GST Collections January 2026 Rise 6.2% YoY to Rs 1.93 Lakh Crore
• Finance Bill 2026: Key Penalties Converted into Mandatory Fees from AY 2026-27
• ICAI Special Examination June 2026 Announced for Foreign Accounting Body Members Under MRA/MoU

BBC News

• Naked images remained in Epstein files despite outcry
• Cargo ship captain jailed for six years over deadly North Sea tanker crash
• Deaths of at least 30 in UK's worst small boat disaster were avoidable, inquiry finds
• Warning of long airport queues under new EU border control system
• 36 UK infants ill after drinking contaminated baby formula
• 55,000 Ukrainian soldiers killed in war with Russia, Zelensky says
• Ban on asylum seekers using taxis for medical appointments comes into force
• 'We are ready to talk' - US news anchor joins siblings in plea to return abducted mother
• Noam Chomsky advised Epstein about 'horrible' media coverage, files show
• Watch: 'Re-traumatised daily' - Epstein survivor says US shouldn't move on from scandal