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Economy

Union Finance Minister Nirmala Sitharaman with Revenue Secretary Ajay Bhushan and Minister of State for Finance and Corporate Affairs Anurag Singh Thakur during a Goods and Service Tax (GST) council meeting | PTI

GST collections fall to Rs 97,597 cr in March from Rs 1.05 lakh cr in February

Of the total Rs 97,597 crore GST revenue, the central GST stood at Rs 19,183 crore, state GST at Rs 25,601 crore and integrated GST at Rs 44,508 crore
Indian Railways (representational image) | Photo: ANI

Railways has spent almost Rs 920 crore to stop Covid-19 spread amid huge losses

Health ministry is set to reimburse the railways ministry its expenditure on Covid-19-related activities, after a Union Cabinet takes a decision in this regard.

Govt likely to extend deadline for Air India bid as pandemic disrupts economy

This would be the second extension for Air India bids since the govt initiated the process of stake sale in the debt-ridden national carrier on 27 January.
A cashier examines Indian rupee banknotes at the Mayuresh Watches and Traders watch and mobile phone store in the Byculla area of Mumbai

Pay loan EMI if you can. Interest payable will increase if you don’t, banks tell borrowers

The Indian Banks' Association has put out answers to customer queries to address confusion over RBI's 3-month loan moratorium.
A buyer monitors market fluctuation (Representational Image) | PTI

These are the 5 Ps that will help determine if stock markets have bottomed out

Investors have fled emerging markets in record numbers, even though central banks and governments have piled on stimulus to counter the virus impact.
The Reserve Bank of India | Photo: Suraj Singh Bisht | ThePrint

RBI announces more measures to deal with economic fallout caused by Covid-19

The central bank extended the time period for realization and repatriation of export proceeds and increased ways and means advances (WMA) limit.
A man looks toward a screen and an electronic ticker board outside the Bombay Stock Exchange (BSE) building in Mumbai| Photo: Dhiraj Singh/Bloomberg

Stocks crash is once-in-a-decade buying chance for long-term investors: ICICI fund manager

Historically, such times have proven to be attractive for long-term equity investing opportunities, says ICICI Pru AMC’s S. Naren.
An elctronic ticker dsiplaying sensex at Bombay Stock Exchange | Photo: Dhiraj Singh | Bloomberg

Sensex plunges over 700 points, Nifty falls below 8,400

Starting the new financial year on a negative note, the 30-share BSE barometer was trading 714.74 points or 2.43 per cent lower at 28,753.75.
A market in China (representational image) | Commons

Chinese can step out now, but their online shopping lists show they don’t plan to

China’s experience shows even after outbreaks are contained, lingering fear is likely to change consumer behaviour for longer than expected.
(Photo for Representation)

India’s budget is under strain on first day of new financial year

As India conducts world’s biggest lockdown, budget pressures will worsen on the back of a prolonged slowdown and depressed tax collections.

On Camera

Arnab Goswami | YouTube screengrab

Tablighi Jamaat brought out Republic, Zee and Times Now’s fangs that Covid-19 had withdrawn

The unity of TV channels against coronavirus was too good to be true. The Tablighi Jamaat gave most of them the chance to show their true colours.
Illustration: Soham Sen | ThePrint

Is there a risk of Modi govt using Covid-19 to curb media and freedoms or is it necessary?

Surveillance is becoming a key concern during the Covid-19 crisis. The Supreme Court has also directed media to publish the official version of the developments.

Defence

Representational image | Getty Images

Coronavirus doesn’t stop Indian Army from carrying out its annual cyber security exercise

Army had earlier issued advisory claiming India's adversaries were launching coronavirus-themed campaigns to infect official or personal IT assets of defence personnel.  

Modi’s India isn’t Mao’s China. Silly forecasts assume we’ll let corona kill millions of us

There are many scary scenarios about how badly we Indians may be affected or how many killed by Covid-19. But they presume we will do nothing to influence our fates.