
IST to be mandatory time reference, govt asks banks, Sebi to discontinue using other systems | India News – Times of India
NEW DELHI: Ahead of making the use of Indian Standard Time (IST) as the mandatory time reference for all legal, commercial, digital and administrative activities, the govt on Wednesday asked industry, stock exchanges, Sebi, banks and those dealing with critical infrastructure to discontinue use of alternative systems such as GPS.Consumer affairs ministry Pralhad Joshi told…