Business Standard's opinion pages this week focused on GST Council, Gyanvapi mosque case, wheat export ban, among other things.

BS Views of the week: GST Council, Gyanvapi mosque, wheat export, and more

Logistic firm Delhivery Ltd and Ecom Express have sought Competition Commission of India's approval for their Rs 1,400-crore deal.
Under the deal announced on April 5, Delhivery will acquire a controlling stake in Ecom Express for a cash consideration of Rs 1,400 crore.
While Delhivery is a listed integrated logistics player, Ecom Express provides logistics solutions to the Indian e-commerce industry.
According to the notice submitted to the regulator, the relevant products and geographic markets can be left open, given that the proposed deal will not lead to any change in the competitive dynamics, let alone cause any appreciable adverse effect on competition, in any market in India.
Against the backdrop of potential business overlaps, the notice has mentioned that with respect to horizontal overlaps, the markets for provision of express parcel delivery services in India, and for provision of warehousing and supply chain services in India can be considered as relevant ones.
In ter

Mergers and acquisitions beyond a certain threshold mandatorily require the approval from CCI, which keeps a tab on anti-competitive practices and promotes fair competition in the market place

On a consolidated basis, the bank's net profit grew 15.7 per cent to Rs 13,502 in Q4FY25 from Rs 11,672 crore in Q4FY24

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Eleven people, including three children, were killed after a four-storey building collapsed in north-east Delhi's Shakti Vihar in the early hours of Saturday. The incident also left 11 persons injured.
A CCTV camera installed at a nearby building captured the moment the building came down crashing, showing a thick cloud of dust filling the narrow ally.
Teams from the National Disaster Response Force (NDRF), Delhi Fire Services, police along with locals carried out the rescue operation for more than 12 hours at the site of the 20-year-old building in the Mustafabad area that collapsed around 3 am on Saturday.
Officials said the area being highly congested made the rescue efforts all the more challenging.
According to police, there were 22 people inside the building at the time of the incident, most of them families.
The owner of the building, Tehseen (60), and six members of his family were among the 11 deceased, officials said. They have been identified as Tehseen's son Nazeem (30

According to police, there were 22 people inside the building at the time of the incident, most of them families

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The Mumbai Metropolitan Region Development Authority (MMRDA) on Friday presented a Rs 40,187 crore-budget for the megapolis.
Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement. The revenues have been estimated at Rs 36,939 crore, and the body chaired by Deputy Chief Minister Eknath Shinde will be borrowing Rs 22,000 crore.
This will result in a budget deficit of Rs 3,249 crore, which the body plans to bridge through land sales, issuance of bonds, financial assistance from the government, and loans from financial institutions, the statement said.
The ongoing metro line projects have been earmarked Rs 10,969 crore of expenditure in the new fiscal, which is a fourth of the overall expenditure..
Over Rs 5,697 crore have been allotted for multiple tunnel projects which are going across the megapolis, with Rs 2,684 crore earmarked for the four-lane road running under the Sanjay Gandhi National 

Infrastructure spends across projects have been pegged at Rs 35,151 crore or 87 per cent of the overall expenditure, as per an official statement

The Rajya Sabha on Thursday returned the Finance Bill 2025 to the Lok Sabha, along with 35 government amendments, including one that abolishes a 6 per cent digital tax on online advertisements, thus completing the 2025-26 budgetary exercise that started on February 1.
The House also returned the Appropriation Bill (3) with a voice vote.
Earlier in the day, Finance Minister Nirmala Sitharaman had moved the two bills in the House.
The Lok Sabha had passed the Finance Bill on March 25 and passed the Appropriation Bill on March 21.
Replying to the debate later in the evening, she said the tendency of the finance ministry would be to exercise caution and not let go of revenues.
"But, here we wanted to use this opportunity to show our respect for Indian taxpayer. We have moved towards setting Rs 12 lakh as threshold up to which no one will have to pay any tax," Sitharaman said.
The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 lakh crore, an increase of 7.4 per cent ov

The Union Budget 2025-26 envisages a total expenditure of Rs 50.65 trillion, an increase of 7.4 per cent over the current fiscal

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BS Views of the week: GST Council, Gyanvapi mosque, wheat export, and more

Business Standard's opinion pages this week focused on GST Council, Gyanvapi mosque case, wheat export ban, among other things.

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