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Top 10 biz headlines: Full GST compensation unlikely; unemployment at 7.2%

From Centre hinting states unlikely to get full GST compensation to Amazon seekING interim stay on CCI order, here are top 10 business headlines of the day

GST
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GST

BS Web Team New Delhi
States may not get GST compensation in full, says Finance Ministry

State governments are unlikely to get the full compensation promised for shortfall in goods and services tax (GST) collection as the finance ministry says the amount will be given only through money collected from the cess imposed for this purpose. A key ministry official said states should agree to hike GST or cess rates in the Council meeting, the date for which is yet to be fixed. Read More

Amazon seeks interim stay on CCI order, cites 'irreparable loss and injury'

E-commerce giant Amazon on Monday filed