The Goods and Services Tax (GST) Council, in its 46th meeting, decided to defer the proposed hike in tax rate for the textiles sector to 12 per cent from 5 per cent, which was to be implemented from January 1.
Organization of the Petroleum Exporting Countries (OPEC) has appointed Kuwaiti oil executive Haitham Al Ghais as its new secretary-general, as oil demand continues to improve amid a mild recovery from the coronavirus pandemic.
An agreement was exchanged in which India is extending a $190-million line of credit to Mauritius for the Metro Express Project and other infrastructure projects.
EXAMIANS