US President Donald Trump on Friday said he was not under pressure to strike a trade bargain with China ahead of next year's elections."I'm not looking for a partial deal. I'm looking for a complete deal," Trump told reporters during a joint news conference with Australian Prime Minister Scott Morrison. "I don't think I need it before the election."

Chinese President Xi Jinping on Friday condemned weekend strikes on Saudi Arabian oil facilities, state media reported, with tensions in the Gulf region soaring after Washington blamed the attacks on Iran.Xi made the comments during phone talks with Saudi Arabia's King Salman, and called "on relevant parties to refrain from from taking any actions that may escalate tensions in the region", Xinhua added.

Rate on hotel room tariffs above Rs 7,500 cut to 18%, says FM Nirmala Sitharaman.

GST council meeting concludes, steps taken to boost tourism.

Finance Minister Nirmala Sitharaman after meeting of 37th GST Council meeting in Goa: There will be zero GST on jewellery exports.

Finance Minister Nirmala Sitharaman after meeting of 37th GST Council meeting in Goa: GST rate on slide fasteners has been reduced from 18% to 12%, marine fuel 18% to 5%, 12% to 5% on wet grinders consisting of stone as a grinder, & 5% to nil on dried tamarind.

The GST council approved the proposal for outdoor catering and reduced it to 5 percent without the input tax credit.

Ravi Dahiya beats Reza Atrinagharchi of Iran to clinch bronze in men's freestyle 57 kg.

GST rate cut on hotel tariffs have been approved, said reports. The breakdown is as follows: Rs 7,500 & Above- 18 percent, Below Rs 7,500- 12 percent, upto Rs 1,000- Nil. The current rate was 28 percent on Rs 7,500.

A very strong comeback by Bajrang Punia to come back from 0-6 down to beat Mongolian wrestler 8-7 to win Bronze medal (65 kg) at the World Championships.

Load More

In the middle of the economic slowdown, while the GST Council meets today, it is expected that the tax council is likely to ignore the demand of major sectors asking for tax relief and will only make minor tweaks. According to reports, GST Council at its 37th meeting in Goa will consider states’ demand for extending the GST cess on select products like automobiles and tobacco beyond 2022 in view of the bleak revenue collection trends.

The health of former union finance minister P Chidambaram, who is lodged in Tihar Jail, is rapidly deteriorating, said his counsel on Thursday. Bharatiya Janata Party (BJP) on Thursday removed its Mehrauli district president, Azad Singh for allegedly slapping his wife Sarita Chaudhary, former South Delhi mayor at party's Delhi office.

At the Cultural Day Programme organised by the Pakistani side in Orenburg -- where a joint military drill of Shanghai Cooperation Organisation (SCO) nations is underway -- contingent of all participating countries were invited except those from India.

Keep an eye on this space for all the latest news and updates throughout the day.