The Indian Institute of Technology (IIT) Madras has ranked 1st among the centrally funded technical institutes in the Centre's Atal Ranking of Institutions on Innovation Achievements (ARIIA) 2021.
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.