As India marches from one economic disaster to another, policy and planning appear to be victims of whims and fancies as and when they strike

Opposition states says Centre needs to find a common ground on the issue. They say they would move the Supreme Court in case the government put pressure on them and implement option 1

A panel under Sushil Modi will work out a plan to get the states which had received more than their share of IGST refunds to return the excess amount without burdening them too much

Centre assured that the states that they will not be denied compensation even if they don't opt for either of the two borrowing options; compensation cess of Rs 20,000 crore will be disbursed tonight

Congress seeks extension of GST compensation cess collection to 10 years; demands all borrowing to tide over COVID-19 crisis must be done by the Centre

India Stock Market Highlights Today: IndusInd Bank, followed by HDFC twins, SBI, M&M, ICICI Bank, Axis Bank, ITC and Asian Paints were among the top gainers in the Sensex pack. On the other hand, Bajaj Auto, Bajaj Finance, HUL and NTPC were among the laggards

Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long

GST Council Meeting: FM Nirmala Sitharaman said that she heard the concerns raised by state finance ministers who are worried that Centre will not be able to meet its compensation obligations to states

GST Council Meet Live Updates: The all-powerful GST Council decided to extend the tenure of National Anti-profiteering Authority (NAA) for a period of two years, whereas rate cuts for electric vehicles has been sent to fitment committee.

Key stock indices recovered from early fall today backed by buying across sectors and rose as much as 1.20% by the closing bell.While Sensex ended the days trade at 39,601, up 488 points, Nifty closed at 11,831, gaining 150 points. Sensex touched an intraday high of 39,638.64 and Nifty reached 11,843.50 as its day's high. 42 out of 50 stocks traded in the green on the Nifty and only 4 out of the 30 stocks were down on Sensex by the closing bell.Sectorally, all the indices ended in t...