Bureau of Indian Standards

Delhi’s 2021-22 excise policy led to Rs 2,000 crore revenue loss: CAG report

The Delhi government’s excise policy for 2021-22 caused a revenue loss of over Rs 2,000 crore, according to a Comptroller and Auditor General (CAG) report tabled in the Delhi Assembly on Tuesday. The report, titled “Performance Audit on Regulation and Supply of Liquor in Delhi,” examines the functioning of the Delhi Excise Department over four years, from 2017-18 to 2020-21, with a specific focus on the 2021-22 excise policy. The policy was later withdrawn by the Aam Aadmi Party (AAP) go...

December 4, 2024 7:22 PM

Nepal’s Industry Minister Bhandari meets India’s Piyush Goyal to attract Indian investment

Nepal's Minister for Industry, Commerce, and Supplies, Damodar Bhandari, met India’s Minister for Commerce and Industry, Piyush Goyal, in New Delhi on Monday to discuss matters of bilateral trade and investment. During the meeting, Minister Bhandari urged Goyal to address the challenges posed by the Bureau of Indian Standards (BIS) requirements imposed on Nepali exports such as cement, plywood, and shoes. The two ministers also held positive discussions on amending the Treaty of Transit to f...