The GST Council decided to defer the increase in the rate for textiles to 12% from 5%. It has referred the matter to a panel of Ministers, to review Rate Rationalisation.
Reliance Retail, the retail arm of Reliance Industries Limited, has acquired a 25.8% stake in the online delivery platform Dunzo by investing $200 million (around Rs. 1,488 crores).
The Indian Olympic Association (IOA) has appointed its senior vice-president Rakesh Anand as Chef de Mission for the Birmingham 2022 Commonwealth Games.
Former Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as Vice President of the multilateral funding institution Asian Infrastructure Investment Bank (AIIB) for three years.
EXAMIANS