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BusinessToday.In
October 11, 2020
Talking about the borrowing options, the source said that the majority of states would opt for the first option. So even if there is a voting, the first option is most likely to win


PTI
October 10, 2020
Mistry said housing and real estate sector is the biggest employer in the economy after agriculture, and that 80 per cent of the workforce in the sector require minimal skills


BusinessToday.In
October 7, 2020
Balbir was feeling tired since the night of October 5. He had a mild fever, body ache, and throat pain. Thereafter, Balbir's samples were taken to a hospital and yesterday his test came positive


Niti Kiran
October 6, 2020
States have been increasingly resorting to market borrowings to meet their funding requirements in face of declining revenues due to the nationwide lockdown


Dipak Mondal
October 5, 2020
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


Dipak Mondal
October 5, 2020
Thomas Isaac said compensation gap can only be discussed when Centre adheres to no bifurcation of revenue shortfall for compensation and no linking of compensation to borrowing limits of states


BusinessToday.In
October 5, 2020
GST Council meet: Finance Minister Nirmala Sitharaman on Monday said that this year's collection of Rs 20,000 crore as compensation cess will be disbursed to states tonight


BusinessToday.In
October 5, 2020
Opposition-ruled states are expected to come up with a third alternative option but NDA-ruled states may ask Centre to fast-track borrowing process to tide over financial losses incurred due to COVID-19


PTI
October 4, 2020
Opposition-ruled states are likely to object to the Centre's borrowing options and demand alternative mechanism for funding GST compensation deficit during GST Council meet on October 5


PTI
October 4, 2020
In the current fiscal, the states are staring at a staggering Rs 2.35 lakh crore Goods and Services Tax (GST) revenue shortfall


BusinessToday.In
New Delhi, September 25, 2020
Five states allowed to borrow Rs 9,913 crore on meeting reform targets; Samsung expands online-only smartphone range in India to win over festive shoppers; Reliance Jio partners with 22 foreign airlines for inflight internet connectivity. Watch this and more news on News Blast.Also Read: Route Mobile share rises 34% in three days, here's why


Rashi Bisaria
New Delhi, September 25, 2020
Five states allowed to borrow Rs 9,913 crore on meeting reform targets Centre has allowed five states to raise additional funds to the tune of Rs 9,913 crore through open market borrowings (OMB). The Department of Expenditure has allowed Andhra Pradesh, Telangana, Goa, Karnataka and Tripura to procure financial resources after they \"successfully met the reform condition of implementation of One Nation One Ration Card System,\" Ministry of Finance said in a statement on Thursday. Harley D...


BusinessToday.In
September 24, 2020
Out of these five states, Andhra Pradesh has been allowed to borrow Rs 2,525 crore, Telangana Rs 2,508 crore, Karnataka Rs 4,509 crore, Goa Rs 223 crore, and Tripura Rs 148 crore


Dipak Mondal
September 20, 2020
Finance Ministry sources said that the GST Council with full presence of states and UTs needs, as per the GST Act, only 20 states to pass any resolution, in case voting is required on any issue


BusinessToday.In
September 19, 2020
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


Team BT
New Delhi, September 17, 2020
BT's panel of experts on how to fire up the four engines of the economy - and where to find the money


Nirbhay Kumar
September 16, 2020
Industry body Federation of Indian Micro, Small and Medium Enterprises (FISME) has demanded that banks should not charge interest for the lockdown period


BusinessToday.In
September 16, 2020
Large diversified players with strong delivery track record are expected to manage better; small-to-mid-sized developers will face a sharp 200 per cent rise in funding gap this fiscal


Ankita Chakravarti
New Delhi, September 15, 2020
The Cupertino giant is expected to unveil some of the Apple Watch Series 6, a new range of iPads, an affordable smartwatch, and more at the event.


Prasanna Mohanty
September 14, 2020
Not only India's relief packages are grossly inadequate it is not even spending enough to revive demand in the crisis-hit economy; what is needed is clear: more fiscal spending, not \"keeping the power dry\" for future stimulus or unrealistic claim of a V-shaped recovery


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