IST to be mandatory time reference, govt asks banks, Sebi to discontinue using other systems | India News – Times of India

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…

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One Nation, One time: Govt drafts rules for mandatory adoption of Indian Standard Time | India News – The Times of India

One Nation, One time: Govt drafts rules for mandatory adoption of Indian Standard Time | India News – The Times of India

In a push to standardize timekeeping practices nationwide, the government has introduced the Legal Metrology (Indian Standard Time) Rules, 2024, which mandates Indian Standard Time (IST) as the exclusive time reference across all official and commercial platforms. The draft, released by the consumer affairs ministry, is open for public feedback until February 14.IST to be…

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