Rupee settles 70 paise lower at 76.34 against US dollar
In a bid to provide further relief to states amid the coronavirus outbreak, the finance ministry is planning to soon release another about Rs 34,000 crore to states as compensation for their revenue loss in the goods and services tax (GST) regime. States, so far, have been paid pending dues till November and the remaining will be cleared in phases soon, sources said. The finance ministry cleared about Rs 34,000 crore pending GST compensation for October and November in two tranches. The first tranche of Rs 19,950 crore was released…
Read More