Supreme Court Ruling on Royalties vs. Taxes: The Supreme Court of India has ruled that royalties paid by mining operators under the Mines and Minerals (Development and Regulation) Act are not considered taxes. This landmark decision will have significant implications for the taxation and legal framework concerning mineral rights in India, particularly under the GST regime【9†source】

2. GAIL and Petron’s Bio-Ethylene Plant: GAIL (India) Limited and Petron Scientech Inc have signed an MoU to explore the development of a 500 Kilo Tonne per Annum (KTA) bio-ethylene plant in India. This partnership could mark a major step forward in sustainable energy production in the country【10†source】

3.RBI Updates E-Mandate Framework: The Reserve Bank of India has expanded its e-mandate framework to include auto-replenishment for FASTag and National Common Mobility Card (NCMC). This update aims to streamline the process by eliminating the need for pre-debit notifications for these transactions, which could impact millions of daily commuters