News digest: Road ministry's budget allocation, Amazon's loss, and more

From Ashok Lavasa's concerns over GST proceeds to Bhushan Steel's potential way out of insolvency, BS brings you up to speed with latest news

Bharatmala: Finance Ministry explores cut in road ministry's budget allocation

At a time when Union Road Minister Nitin Gadkari has spelt out an ambitious plan to execute highways projects, including Bharatmala, at an estimated cost of Rs 7 lakh crore, the finance ministry is mulling over a reduction in its budgetary allocation. Read more

War with Flipkart drives up Amazon's international losses

Seattle-based online retail giant Amazon’s international losses soared to $936 million in the three months that ended September on account of its bullish investments in India to overtake rival Flipkart. Read more