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
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.
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.
The Indian Banks' Association has put out answers to customer queries to address confusion over RBI's 3-month loan moratorium.
Investors have fled emerging markets in record numbers, even though central banks and governments have piled on stimulus to counter the virus impact.
The central bank extended the time period for realization and repatriation of export proceeds and increased ways and means advances (WMA) limit.
Historically, such times have proven to be attractive for long-term equity investing opportunities, says ICICI Pru AMC’s S. Naren.
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.
China’s experience shows even after outbreaks are contained, lingering fear is likely to change consumer behaviour for longer than expected.
As India conducts world’s biggest lockdown, budget pressures will worsen on the back of a prolonged slowdown and depressed tax collections.