Top headlines: Swiggy, Zomato to pay GST, Covid vax export curbs may ease

Business Standard brings you the top headlines on Saturday

Swiggy, Zomato to pay GST from Jan; expensive life-saving drugs exempted

The Goods and Services Tax (GST) Council on Friday decided to tax online food delivery operators such as Swiggy and Zomato on behalf of restaurants from January 2022.

The Council, also exempted expensive life-saving drugs from indirect tax, extended concessional rates on Covid-related drugs for three more months. Read more

Bank licence door likely to stay shut for large industrial houses

The Reserve Bank of India (RBI) may not be in favour of issuing banking licences to large industrial houses as suggested by an internal working group