Economic Times Top Stories

• Wholesale inflation slips into negative territory for the second time in 2025 at -0.58%
• GSTAT’s first anti-profiteering ruling expands probe scope, rejects cost-based defences; hospitality, retail on notice
• IBC Amendment 2025: Faster resolutions or more roadblocks?
• India Inc’s GST 2.0 Wishlist: Simpler Slabs, Easier Compliance, Fairer Rules
• Exclusive: ICMAI likely to urge MCA for amendments to Cost and Works Accountants Act after non-inclusion in tax audits; to meet on Aug 24
• IBC 2025: What’s in the bill, how it tackles delays, why capacity will decide gains
• Retail frenzy fizzles: Only 32% of new-age IPOs deliver long-term gains, says study
• India’s CPI Inflation falls to 7-Year Low of 1.55%
• Sebi’s new norms on related party transactions may prove counterproductive, say experts
• ICAI expands mandatory audit quality maturity model to more firms from April 2026

Economic Times

• Retail frenzy fizzles: Only 32% of new-age IPOs deliver long-term gains, says study
• India’s first AI unicorn Fractal files papers for Rs 4,900 crore IPO
• Five companies get Sebi approval for IPOs
• PSBs told to setup one portal for startup lending
• Ahead of IPO, NSDL raises Rs 1,201 crore from anchor investors
• PhysicsWallah, 6 other cos get Sebi's nod to launch IPOs
• India's IPO market set to soar with Rs 2.58 lakh crore offerings in pipeline
• Milky Mist files DRHP for Rs 2,035crore IPO
• IREDA plans to raise Rs 2,500-3,000 cr through QIP this fiscal
• Corporate loan growth slows as firms prefer capital markets over banks

CA Club India

• PG in Bengaluru Faces Backlash Over 12% GST on Online Rent Payments
• Finance Ministry Issues Corrigendum to IT Bill, Clarifies Interest on Advance Tax Short-Payment
• Net Direct Tax Collections Drop 3.95% YoY to Rs 6.64 Lakh Crore as of August 11
• New Income Tax Bill 2025 Simplifies Tax Law Without Changing Rates: FM Nirmala Sitharaman
• Revised Income Tax Bill Empowers Authorities to Access Digital Assets During Search Operations
• Income Tax Bill 2025: Full Tax Exemption on Commuted Pension for All Eligible Pensioners
• Rajya Sabha Passes New Income Tax Bill 2025 by Voice Vote to Replace Six-Decade-Old Act
• Karnataka GST Evasion Cases Soar Five-Fold in FY25, Highest in Three Years
• Income Tax Bill 2025: Refunds for Belated Returns, House Property Deduction Clarified
• DGGI Issues Takedown Notice to Google Over 6 Online Gaming Sites for GST Evasion

BBC News

• Crunch time in Alaska: Trump set to meet Putin in push for Ukraine peace
• Left out of Alaska talks, exhausted Ukrainians fear an unjust peace
• Bowen: Netanyahu is presiding over a divided Israel - the fault lines are now chasms
• Data centres to be expanded across UK as concerns mount
• Government turns to TikTokers to advise on cosmetic surgery abroad
• Why did boys outperform girls at top A-level grades?
• Teenager's death after hospital failings is ruled unlawful
• King says VJ Day heroes will 'never be forgotten'
• Teenager arrested after death of 13-year-old girl in Huddersfield
• Cost of weight-loss drug Mounjaro could rise significantly

Yahoo News