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.
Oxfam India released the report titled 'Inequality Kills', which reveals that the COVID-19 pandemic has heightened economic inequalities across the world. The wealth of the world's 10 richest men doubled since the pandemic began.
The Indian conglomerate Tata Group emerged as the most valuable brand from India and also in South Asia. It is the only brand from the country in the top 100. Global Rank - 78; Brand value - US$23.9 billion.
EXAMIANS