With most states on board to raise revenue so that they do not have to depend on Centre for compensation, the GST Council at its meeting next month is likely to consider a proposal to do away with the 5 per cent slab by moving some goods of mass consumption to 3 per cent and the remaining to 8 per cent categories, sources said. Currently, GST is a four-tier structure of 5, 12, 18 and 28 per cent. Besides, gold and gold jewellery attract 3 per cent tax. In addition, there is an exempt list of items like unbranded and unpacked food items which do not attract the levy.
India might have lost to Pakistan in the summit clash of men's hockey in the 12th South Asian Games but captain Mandeep Antil on Saturday sought to take the positives from the performance of his players, saying they have done well given the inexperience of the team. With the country's top players taking part in the ongoing Hockey India League, India fielded an inexperienced team mostly consisting of junior players and they failed to click as a unit in the SAG. India settled for the silver medal after losing twice to arch-rivals Pakistan, including in the final 0-1 in Guwahati on Friday night. India had just two senior players who had played some international matches in Antil himself and veteran Gurbaj Singh. Even Antil has played just 20-odd international matches while Gurbaj has donned India colours in more than 200 games. Pakistan had at least six players who played in the London Olympics. Antil said he was disappointed to have lost to Pakistan in the final, which he felt was a close match. "Any loss to Pakistan at any level is a disappointment. We wanted to win the gold but we could not do it. We played better (than the group match which also India lost 1-2) and it was a close match but we lost again," Antil told PTI.
The world number one had arrived in Tokyo aiming to become the first man to win all four majors and an Olympic gold medal in the same calendar year. But that quest came to an end after he was beaten by fifth-ranked German Alexander Zverev in Friday's semi-final.
India's Nishad Kumar won the silver medal in men's high jump T46 event at the Tokyo Paralympics on Sunday.
The 21-year-old from Haryana then landed a flurry of punches in the third round as the last three minutes were closely-fought between the two. But Nitu defended tightly and looked in control to emerge victorious.
The Meerut-based Vihan shot 73 in the final after topping the qualification earlier in the day. The gold went to 34-year-old South Korean Hyunwoo Shin and bronze to 42-year-old from Qatar, Hamad Ali Al Marri.
Images from Tuesday's action in the Premier League
A summary of sports events and sports persons, who made news on Tuesday
Satwik-Chirag dished out a gritty performance to outwit the local favourites a
The Serbian's 1-6, 6-3, 6-1 defeat also ended his dream of winning an Olympic singles gold medal, the only major honour missing from his long list of accolades.
The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said on Monday. The CBI has booked Mehul Choksi, his company Gitanjali Gems and valuers Surajmal Lallu Bhai and Co, Narendra Jhaveri, Pradip C Shah and Shrenik Shah, they said. The central agency has acted on a complaint from Industrial Finance Corporation of India (IFCI) Ltd alleging that Choksi had approached it in 2016 seeking Rs 25 crore working capital loan for which he had pledged shares and gold and diamond jewellery.
Swiss great Roger Federer insists he will end his career this week with no regrets even though his record of 20 Grand Slam titles was overhauled by Rafael Nadal and Novak Djokovic.
Both the teams registered identical 3-0 victories in their respective matches.
'The entire idea behind the serial bomb blasts was to strike fear in the minds of Indians.' 'I don't think the blasts were targeted to derail the Indian economy; the idea behind the blasts was retribution.'
Renowned athletics coach O M Nambiar, who nurtured Indian athletics great P T Usha, passed away in Kozhikode on Thursday due to age-related illness. He was 89.
Documents like sellers' ID, receipts, residence proof will be required. Also, be ready to lose 10-15%.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Having played just one tournament since mid-September due to various injuries and a recent bout of flu, Serena Williams is now itching to get back into competition with the Rio Olympics among her top priorities for the year.
The BSE benchmark Sensex plummeted about 383 points to close at 57,300-level on Tuesday, tracking massive selloffs in global markets. After sinking about 1,300 points in early deals, the Sensex staged a sharp recovery but still ended 382.91 points or 0.66 per cent lower at 57,300.68. The NSE Nifty too reclaimed part of its early losses before closing 114.45 points or 0.67 per cent lower at 17,092.20. On the Sensex chart, Tata Steel, TCS and SBI fell the most, losing as much as 3.64 per cent. Of the 30 Sensex constituents, 20 closed in the red. "Escalations in Ukraine tensions with Russia recognising two pro-Russian rebel regions have aggravated the crisis. "The economic consequences are already visible in higher crude and gold prices," VK Vijayakumar, chief investment strategist at Geojit Financial Services, said.
Overwhelmed by emotion after leading India to its first Olympics hockey medal in 41 years, skipper Manpreet Singh dedicated the historic triumph to the country's doctors and health-care workers who have worked tirelessly to save lives during the COVID-19 pandemic.
Sania Mirza remained confident of winning a medal for India in the mixed doubles after losing in the first round of the women's doubles alongside inexperienced teammate Prathana Thombare.
Australia's Ariarne Titmus drew first blood in her Olympic showdown with American Katie Ledecky on Monday after her brilliantly timed swim secured a famous victory in the 400m freestyle at the Tokyo Games.
Vinesh shocked in final of Medved event in Belarus
Saketh Myneni got himself in line for two gold medals by reaching the finals of both men's doubles and mixed doubles events even as other Indian tennis players, including Sania Mirza, clinched three bronze at the Asian Games in Incheon on Sunday.
Home favourite Su Yiming of China made his Olympic debut on Sunday and received a standing ovation in return.
Novak Djokovic eased into the last four with a commanding performance over Japan's Kei Nishikori but world number two Daniil Medvedev bowed out of the men's singles at the Tokyo Olympics.
India's boxer Nikhat Zareen stunned two-time World champion Nazym Kyzaibay of Kazakhstan to enter the women's 51kg semi-finals at the Bosphorus Boxing Tournament in Istanbul, on Friday.
Indian cricket fraternity has also come out in support of the young pacer who had dropped a crucial catch in the 18th over of the match.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
Kiren Rijiju, the Union Minister for Youth Affairs and Sports led the tributes for the champion pugilist.
Norway's Birk Ruud claimed the first men's freeski Big Air Olympic gold
The Indian women's boxing team won one gold, three silver and six bronze medals at the Asian Championship in Dubai, ensuring that all 10 weight categories featured an Indian medallist.
For the second straight year, the gems and jewellery industry is set for almost a washout of business on Akshaya Tritiya as only about 10 per cent of pre-Covid sales of 2019 are expected on Friday amid the raging pandemic sapping footfalls and purchasing power of people.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India, who are also without three key players in Lalremsiami, Salima Tete and Sharmila Devi from the historic fourth-place finish in the Tokyo Olympics, had won the first match 2-1 on Friday. That win was the first against the Netherlands in over a decade.
Family members and friends of paddler Bhavina Patel broke into the traditional 'garba' dance, burst firecrackers and smeared each other with 'gulal' at her native Sundhiya village in Gujarat's Mehsana district to celebrate her historic silver medal at the Paralympic Games.
"In the second set, I was on the slower side. I was trying to make rallies happen but the points went very quickly," she added.
It is not the job of regulators to ensure that users make profits. It is not the job of regulators to prevent people from making losses. It is not the job of regulators to prevent people from doing stupid things, argues Ajay Shah.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances