The business wrap: Supreme Court bans sale of BS-III vehicles from April 1, and 6 other top stories
In other headlines: An Aadhaar agency was blacklisted for posting cricketer MS Dhoni's data on Twitter, and the Lok Sabha started debating four GST Bills.
A look at the headlines in this sector right now:
- Cars with BS-III emission norms can’t be sold or registered starting April 1, says Supreme Court: The top court said the health of millions of people was more important than commercial interests.
- Aadhaar agency blacklisted for 10 years after it posted MS Dhoni’s data on Twitter, says UIDAI chief: The former Indian cricket team captain’s wife, Sakshi, had brought the violation to Union Minister Ravi Shankar Prasad’s notice.
- Lok Sabha starts debating four GST Bills: Finance Minister Arun Jaitley, who tabled the legislations in the Lower House, hopes to have them passed in this session of Parliament.
- Using Bitcoins can attract action under anti-money laundering law, says Centre: Virtual currencies have not been authorised by any monetary authority, MoS Finance Arjun Ram Meghwal said.
- Hyderabad-based firm can continue to use Monsanto’s Bt cotton technology, rules Delhi High Court: The judge held that Monsanto’s termination of its contract with Nuziveedu Seeds was illegal and directed it to cut the royalty payable as per Indian laws.
- Scottish Parliament votes for new independence referendum as UK triggers Brexit: First Minister Nicola Sturgeon will write to the British government seeking powers to hold an independence vote in 2019, around the time the UK will leave EU.
- Markets end on a high ahead of March derivatives contract expiry date: Sensex jumped 122 points on Wednesday while Nifty closed 43 points higher.