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Govt reluctant to extend GST aid to states beyond June 2022

This leaves the states with no option other than to rely on a near comprehensive revision of the goods and services tax (GST) rates and possible pick-up in economic growth to soften the looming revenue shock.

Vaccine alliance: Serum to pick 15% stake in Biocon Biologics

The two biotech companies have joined hands to leverage each other's complementary strengths and resources in biologics and vaccines to tap opportunities in the global healthcare market and address issues around vaccine inequity.

Covid-19 vaccine: Serum Institute scales up Covishield production, to supply 200 million doses from October

The country has administered 700 million doses of the Covishield vaccine from January till date.

Asset Management Companies (AMCs): Strong possibility of EPS upgrades in FY22

We maintain BUY on UTI AMC and ADD on NAM while we downgrade HDFC AMC from Add to HOLD.

Hindalco Industries rating - Buy: Rally in aluminum prices boosts outlook

HNDL also started 0.5-mtpa Utkal alumina refinery in July and has plans to replace the higher cost alumina from an older facility; however, it is possible it might sell this alumina in external market if prices remain elevated.

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States told to set up district electricity committees to monitor power schemes

Analyst Corner - Auto PLI scheme: NEVs remain the centrepiece

Law does not permit any relief to Mistrys once their case on oppression failed

Record 2.22 crore Covid-19 vaccines administered in a day

PAN-Aadhaar linking deadline extended! If not linked by this date, your PAN may become inoperative

GST Council: No cheer on petrol and diesel front; Swiggy, Zomato-like services to come under GST

Digital Life Certificate submission by pensioners to start from October 1, 2021 – Check details

Bad Bank to solve Rs 2 lakh crore bad loans, take NPAs off banks’ books; here’s how it will work

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