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Top headlines: Two options for GST compensation; Covid to hit IT employees

From Centre giving options to states for GST compensation to GMR planning to list airport business, here are top business headlines this morning

Nirmala Sitharaman
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Finance Minister Nirmala Sitharaman during the last tranche of her Covid-19 relief measures| Photo: PIB

BS Web Team New Delhi
Unlock BFSI 2.0: Banks' extreme risk aversion self-defeating, says RBI Governor Das

Banks must shed their extreme risk aversion and focus more on risk management and the quality of decision making to remain resilient in a challenging financial environment, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday in his keynote address at the virtual Business Standard conclave Unlock BFSI 2.0. Read More

Centre gives states two options to meet GST compensation cess shortfall

The Centre on Thursday offered two options to states to compensate them amid inadequate cess collections under the goods and services tax