U.S. President Donald Trump plans to call Russian President Vladimir Putin. The conversation will address unconfirmed reports of a mystery illness in Russia. This follows speculation about the health of a senior Russian official. The White House aims to clarify the situation directly with the Kremlin.
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The GST Council will consider approving a standard 17-day processing timeline for tax refunds at its upcoming meeting. The proposal aims to expedite the refund process for businesses across India. This move addresses long-standing industry concerns over delays in receiving refunds. The meeting's decision could significantly impact the cash flow of companies awaiting reimbursements.
Engineering conglomerate Larsen & Toubro has received approval to construct the main section of a plant in Jharkhand. The authorization was granted by the Jharkhand government. This development is a significant step forward for the industrial project. The plant is expected to contribute to the state's manufacturing infrastructure.
HDFC Bank announced a reduction in its Marginal Cost of Funds-based Lending Rate (MCLR). The rate cut applies to loans linked to this benchmark. This decision will make borrowing cheaper for eligible customers. The bank's move follows a period of steady interest rates in the sector. It aims to increase credit growth and make loans more affordable.
Congress leaders Rahul and Priyanka Gandhi Vadra have filed a police complaint against BJP MP Smriti Irani. The complaint, lodged in Rae Bareli, alleges that Irani made false statements about their property ownership. This legal action is a response to Irani's recent accusations against the Gandhi siblings. The conflict centers on a disputed property in the Amethi parliamentary constituency.
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