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Rolls-Royce, the global power systems company specialising in aerospace and defence engines, has announced the opening of its newly expanded Global Capability and Innovation Centre in Bengaluru.

The regulatory review cell (RRC), which will come into effect from October 1, has been constituted within the Department of Regulation.

The South Central Railway (SCR) has introduced biometric attendance for ticket checking staff at six Travelling Ticket Examiner (TTE) lobbies in SCR Zone.

The Udyam Assist Platform, which helps small merchants sign up for a registration number to avail of government benefits, will be integrated with the PhonePe app itself, the company said.

Sports Authority of India’s (SAI) National Centre Of Sports Science Reseearch (NCSSR) And Indian Institue Of technology Delhi (IIT Delhi) have partnered to enhance collaboration in sports, sciences, advanced technology and indegenous innovation.

The South Central Railway (SCR) has introduced biometric attendance for ticket checking staff at six Travelling Ticket Examiner (TTE) lobbies in SCR Zone.

Amazon has completed the acquisition of Axio (formerly Capital Float), one of India’s leading digital lending and checkout finance providers, after securing regulatory approval from the Reserve Bank of India (RBI).

The GST Council has reduced the tax on solar and wind energy equipment to 5% from 12%, while increasing the rate on coal and lignite to 18% from 5%. This move aims to boost the green energy sector by lowering project costs and encouraging wider adoption. Experts believe this could reduce solar power costs by 10-15% and stimulate domestic manufacturing.

Amidst high tariffs imposed by the US, the government has formed a committee to address tax and export clearance issues faced by manufacturing units. The committee, comprising representatives from various ministries and industry bodies, will examine existing tax structures and procedures, identify sector-specific challenges, and recommend global best practices to enhance export competitiveness.

Detailing the initiative, ED I&P, Railways Ministry, Dileep Kumar said that the implementation of this system is a testament to Indian Railways’ commitment to improving efficiency and transparency.