The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.
Struggling Mumbai Indians will be hoping their batters get their act together and shoulder responsibility when they take on an inspired Royal Challengers Bengaluru in the Indian Premier League match in Mumbai on Monday.
Images from English Premier League matches played on Sunday.
Images from Sunday's action in the Premier League.
The government should provide home loan up to 25 lakh at a lower interest rate of 5 per cent to the people of the middle class, a prominent realtors' body appealed to the government against the backdrop of soaring home prices. G Hari Babu, president of the National Real Estate Development Council (Naredco), in an online interaction with Business Standard, said that the middle class in India accounts for roughly 30 per cent of the total population and is dependent on rental accommodation.
A summary of Thursday's Europa League quarter-finals second-leg.
618 companies were part of the billion dollar club when the markets reached all-time highs on September 26, 2024. That number has fallen to 500 following a $1 trillion wipeout in India's market capitalisation amid relentless selling by FPIs.
The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.
Asim Munir and his brand of short-sighted army officers give no inkling of paying heed, changing course or learning lessons from the past, observes Rana Banerji, who headed the Pakistan desk at RA&W.
Bharatiya Janata Party on Thursday issued a three-line whip to all of its Lok Sabha MPs asking them to be present in the House for the passing of the Union Budget 2025-26.
In a continued push to spiritual tourism, there will be a focus on destinations related to the life and times of Lord Buddha.
A bench of Justices B R Gavai and Augustine George Masih observed it was pained to say that some of the observations made in the high court order depicted total insensitiveness and an inhuman approach.
With 12 games remaining Manchester City are in fourth place with 44 points, just five ahead of 10th-placed Fulham.
Images from the English Premier League matches played on Saturday.
Marcus Rashford and Joshua Zirkzee bagged two goals apiece as Manchester United thumped Everton 4-0 on Sunday in new manager Ruben Amorim's first Premier League match at Old Trafford.
IMAGES from the English Premier League matches played on Wednesday
Images from the English Premier League matches played on Saturday.
Kingsley Coman came back to haunt Paris St Germain again as he earned Bayern Munich a 1-0 win in their Champions League last-16 first leg in Paris on Tuesday.
Mitch Owen blasted the Big Bash League's equal-fastest hundred on Monday to deliver Hobart Hurricanes their first T20 title
The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand, though the sliding rupee continues to be a concern. As the retail inflation has remained within the Reserve Bank's comfort zone (less than 6 per cent) for most of the year, the central bank can take rate action to boost growth hit by sluggish consumption, opined experts.
A summary of Sunday's action in the Premier League.
India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.
A little bit of "needling" from Mohammad Siraj, Royal Challengers Bangalore's best bowler, spurred Phil Salt to play a match-winning innings for Delhi Capitals at the Ferozshah Kotla.
Countries like Qatar, and Saudi Arabia are also in the running for the 2036 Games hosting rights and it would take a significant effort from India to upstage their bids.
Continuing the downward trend, retail inflation fell to a five-month low of 4.31 per cent in January, mainly due to a decline in the prices of vegetables, eggs, and pulses. The Consumer Price Index-based retail inflation was 5.22 per cent in December and 5.1 per cent in January 2024. The previous low inflation was in August 2024 at 3.65 per cent.
IMAGES from the Premier League matches played on Sunday
Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets, notes Krishna Ella.
The Reserve Bank of India's (RBI's) record surplus transfer to the government has raised hopes among bond traders that the government might reduce its gross borrowing for the current financial year (2024-25/FY25) by up to Rs 1 trillion. The RBI approved a dividend of Rs 2.11 trillion for the central government for 2023-24, marking an increase of roughly 141 per cent from 2022-23 (FY23). In addition, the contingency risk buffer has been raised to 6.5 per cent from the previous 6 per cent.
'Virat plans to move to London with his children and wife, Anushka Sharma.'
State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.
India's demographic advantage and diverse economic landscape position it uniquely to benefit from AI, the Economic Survey for 2024-25 tabled in the Parliament on Friday afternoon asserted. However, achieving these benefits requires significant investments in education and workforce skilling, supported by enabling, insuring, and stewarding institutions, the state of the economy report tabled by Finance Minister Nirmala Sitharaman said.
Manchester United's Alejandro Garnacho scored with a magical overhead kick in the third minute to send the visitors on their way to a 3-0 victory over an Everton team already reeling in their first Premier League game after being docked 10 points.
IMAGES from EPL matches played on Thursday.
A surprise late night call from India captain Rohit Sharma alerted Shreyas Iyer about replacing Virat Kohli in Thursday's first ODI against England.
Rishabh Pant has been nominated for the prestigious Laureus World Comeback of the Year Award.
Gross GST collections grew 8.5 per cent to over Rs 1.82 lakh crore in November on account of increased sales spurred by the festive season.
Images from the English Premier League matches played on Sunday
One source, who recently spoke with the Prime Minister, said Trudeau understands the importance of making an announcement ahead of the caucus meeting to avoid the belief that he was ousted by his MPs.
The Budget assumes significance as it comes on the back of lower-than-expected growth numbers during the second quarter and geopolitical uncertainty.
The result saw Spurs slip to eighth in the table.
