The Goods and Services Tax (GST) Council is expected to meet soon to review the tax regime. This could be the most significant review since the scheme was announced on July 1, 2017, eight years ago.

According to reports, a sweeping reassessment of tax rates on consumer goods, which are currently taxed at the highest slab, and compensation cess might be among the top agenda items of the forthcoming meeting.

Moving pure term insurance policies from the current 18 per cent rate to a zero-tax bracket can also be a top proposal on the council's table.

US President Donald Trump on Saturday issued 30 per cent tariffs on imports from Mexico and the European Union (EU), to renegotiate trade terms before the August 1 deadline.

The European Union will allow complete, open Market Access to the United States, Trump said in its letter posted on Truth Social, or “whatever the number you choose to raise them by, will be added on the 30 per cent that we charge.”

The Cyber Police Station of North District has busted an inter-state cyber fraud gang that cheated a Delhi woman of Rs 11 lakh by luring her with fake online “paid tasks” on Telegram.

The operation led to the arrest of five accused from Meerut and Muzaffarnagar in Uttar Pradesh.

The India A men’s hockey team continued to show good form and registered yet another important win on their tour of Europe, as they defeated France 3-2, in their third game of the tour, at the Hockey Club Oranje-Rood, in Eindhoven.

Aditya Arjun Lalge and Boby Singh Dhami scored the goals for the India A men’s hockey team.

Veteran batter Ajinkya Rahane said he still has a desire to play Tests for India, and added that he is still passionate about playing for the country in the longer format. In 85 Tests, Rahane has made 5077 runs at an average of 38.46, including hitting 12 centuries and 26 fifties.

“First of all, it's good to be here. I still want to play Test cricket, I am really passionate about playing Test cricket. At this moment, I'm enjoying my cricket. Just here for a few days, I carried my trainers, my training clothes, so that I can keep myself fit. Our domestic season is starting, so the preparation has just begun," said Rahane on Sky Sports’ broadcast during lunch break.

In a major haul of drugs, the Assam Rifles, along with other law-enforcing agencies, in different operations have seized highly addictive methamphetamine tablets and heroin valued at over Rs 113.36 crore and recovered 7,000 detonators in Mizoram, officials said on Saturday.

The security personnel arrested three persons in connection with the significant seizure during the past 24 hours.

Struggling with a left index finger injury, Rishabh Pant battled his way to making 74 before Ben Stokes ran him out with a direct hit at the stroke of lunch on Day Three of the third Test of the Anderson-Tendulkar Trophy at Lord’s on Saturday. At lunch, India are at 248/4 in 65.3 overs and trail England by 139 runs.

Though KL Rahul remains unbeaten on 98, the session could have been better if the 141-run stand between him and Pant wasn’t brought to an end in a moment of hesitation for India, which in turn gave Stokes and England something to cheer after being made to toil hard on a slow pitch.

Veteran actress Zeenat Aman was recently admitted to the ICU after suffering some sudden health complications. The team of her forthcoming web series, "Showstopper" has informed that the yesteryear diva is now stable and on the road to recovery.

Sharing the health update, "Showstopper" maker Manish Harishankar, expressed his concern for Zeenat Aman.

The food delivery market in India is likely to see 13-14 per cent growth in the coming years and a stable-state EBITDA margin of 5 per cent, according to a new report, which added that competitive intensity is moderating in quick commerce which should continue to drive stocks in the near term.

Competitive intensity in the quick commerce market seems a lot more benign than it was six months ago.

The ED’s Gurugram Zonal Office attached properties worth Rs 681.54 crore and Rs 588.57 crore in the Gurugram zone in two separate money laundering cases linked to Ramprastha Promoters and Developers and Amtek Auto, an official said on Saturday.

In the first case, the Enforcement Directorate (ED) attached immovable properties of Ramprastha Promoters for cheating homebuyers. Investigation revealed that RPDPL collected Rs 1,100 crore from more than 2,000 homebuyers but failed to deliver projects on time.