Delhi L-G okays 11 officials suspension for lapses in excise policy: Report

Lieutenant Governor V K Saxena has approved the suspension of 11 officials over “serious lapses” in the implementation of the Excise Policy 2021-22, sources said on Saturday. The suspended officials include then Delhi excise commissioner Arava Gopi Krishna and deputy excise commissioner Anand Kumar Tiwari, they said. Krishna, a 2012 batch … Read more

Cabinet okays rail link to three religious places in Gujarat, Rajasthan

The Cabinet Committee on Economic Affairs has approved the construction of the 116.65-km Taranga Hill-Ambaji-Abu Road rail line at an estimated cost of Rs 2,798.16 crore, Union Minister Anurag Thakur said Wednesday. To be built by the Ministry of Railways, the project will link two states and three religious … Read more

GST Council okays mandatory registration waiver for small online retailers

In a move aimed at boosting the unorganised sector, the Goods and Services Tax ( GST) Council has agreed to waive mandatory registration for small online sellers. The changes in the law will come into force on January 1, 2023. The move will benefit approximately 120,000 small traders, officials … Read more

Delhi okays induction of 1,500 low-floor e-buses in public transport fleet

The Delhi government on Friday approved the induction of 1,500 low-floor electric buses in its public transportation fleet, an official statement said. The Delhi Transport Corporation (DTC) also decided to allocate 10 sites to various agencies for setting up Electric Vehicle (EV) charging stations and battery awapping stations under Delhi … Read more

Equitas Holding | Equitas Bank : RBI okays merger between Equitas Holding and Equitas Bank

RBI said that EHL should divest its shareholding in its subsidiary Equitas Technologies P Ltd prior to the merger while the bank should bring Equitas Development Initiatives Trust and Equitas Healthcare Foundation under its ambit. The regulator also said that investors which will be acquiring or holding 5% or more shareholding in the bank after … Read more

DCGI okays emergency use of Zydus’ two-jab Covid-19 vaccine for 12 yrs-plus

The Drug Controller General of India (DCGI) has authorised emergency use (EUA) for Zydus Lifesciences Ltd’s novel Covid-19 vaccine, ZyCoV-D as a two-dose vaccine, the company announced on Tuesday. With this approval, the vaccine will now be administered on day 0 and day 28. Earlier, the vaccine was approved in … Read more