Centre may tweak special window borrowing terms for GST compensation

Wednesday, Sep 16, 2020 –Govt source: May offer more than 970 bln rupees via GST special window–May agree to a lower nominal growth to peg GST losses –Assumed nominal growth of 10% for FY21 to peg GST losses –States want tweak in formula used to peg GST rollout losses –May extend repayment period under GST special window  By Adrija Chatterjee […]

Cogencis Poll: India 2020-21 cotton crop seen at 38 mln bales, up 4%

Wednesday, Sep 16, 2020 By Kavita Desai MUMBAI – India’s cotton output in the 2020-21 (Oct-Sep) marketing year is seen at 38.0 mln bales (1 bale = 170 kg), according to a Cogencis poll of 13 prominent players in the cotton value chain. At 38.0 mln bales, the output in 2020-21 would be around 4% higher than the […]

SEBI Watch: Consultative approach on multi-cap issue desirable

Wednesday, Sep 16, 2020 By Chiranjivi Chakraborty The Securities and Exchange Board of India’s diktat on the investment limit in multi-cap schemes is an odd instance of the regulator flexing its muscles to make the industry remain true to its word. The regulator said that its circular on Friday that outlined the investment limits for a multi-cap scheme […]

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