The finance minister's letter to states comes four days after the GST Council meeting failed to reach a consensus on the stalemate over the Centre's proposal of states borrowing against future GST collections to make up for the shortfall

Suresh Angadi succumbed to coronavirus after being hospitalised for a week

The Congress has been critical of the Modi government's foreign policy, alleging that ties with neighbours have been weakened

Farm bills row: This change in farming sector is the need of the present hour and our government has brought this reform for farmers, said PM Modi

Contrary to Centre's claims, a parallel private market for farm produce and negation of states' regulatory power are aimed at helping private businesses at the cost of farmers. The last thing distressed farmers need is exposure to unregulated market forces

Companies with not less than 300 workers will soon be allowed to hire and fire workers without seeking prior nod from the government

Chidambaram said farm bills do not contain a clause that final price a farmer will get from private purchaser should not be less than MSP; bills undermine only regulated market available to farmers without creating thousands of alternative markets, he adds

Nirmala Sitharaman says GST compensation will have to be paid from compensation cess kitty only; states are staring at GST revenue shortfall of around Rs 2.35 lakh crore, of which Rs 97,000 crore is believed to on account of GST compensation

Farm bills 2020: PM Modi said that the government is committed to help farmers get the right prices through Minimum Support Price amid massive protests over the three bills that were passed in the Lok Sabha on Thursday

Former Finance Minister P Chidambaram said that the \"grave flaw\" in the ordinances passed in Lok Sabha is that they don't specify that the price which the farmer gets shall not be less than the MSP

If the states are forced to borrow, the axe will inevitably fall on capital expenditure by the states which have already suffered a cut, he said

In the current fiscal, the compensation requirement of states has been estimated at Rs 3 trillion, of which Rs 65,000 crore would be funded from the revenues garnered by the levy of cess

Yesterday, SBI proposed a voluntary retirement scheme under which the bank said about 30,190 employees are eligible. SBI has an existing workforce of around 2.50 lakh

While most countries are in different stages of trials with regard to their potential COVID-19 vaccine candidates, Russia is all set to roll out its newly developed vaccine Sputnik V for civilian use this week; Delhi Metro has resumed services in three stages from Sept. 7 after a hiatus of over five months due to the Covid-19 pandemic, but stations in containment zones would remain closed; Banks may restructure loans of more than Rs 10 lakh crore largely attributed to 5-6 critical sectors, including aviation, commercial real estate and hospitality, that have been severely hit by the COVID-19 outbreak Watch this and more news on News Blast.Also Read: Vodafone Idea share rises 10% after board clears plan to raise Rs 25,000 crore

Delhi Metro to resume in 3 stages, stations in containment zones to remain shutDelhi Metro is set to resume services in three stages from Sept. 7 after a hiatus of over five months due to the Covid-19 pandemic, but stations in containment zones would remain closed, DMRC said. Officials of the urban transporter also cautioned that \"trains may not stop at some of the stations\" if social distancing norms are not adhered to by the passengers.Transfer cash to poor, give free food, borrow more ...

Education ministers of all states, vice-chancellors of state universities among other senior officials would also be attending the Governors' Conference

Airtel claims that the Airtel Xstream Android 4K TV Box will offer 550 TV channels from the Airtel Xstream app that includes over 10,000 movies & shows aggregated across 7 OTT apps and 5 studios into one seamless experience

COVID-19 vaccine's phase II trials will be conducted on 380 volunteers, who will be screened for four days after receiving the vaccine shots

Former finance minister P Chidambaram says the government should also increase spending on infrastructural projects and start massive public works programmes to boost economic activity

PM Modi made it clear that the lives of 1.3 billion people must be saved. He said Jaan hai to Jahan Hai as public health was at the top of his mind, the BJP chief said