Top headlines: CBDT, CBIC merger on cards, China dominates power sector

The government aims to cost cuts, scientists warns Covid-19 could be airborne and India's IT sector is forced to lay off employees.Here is more on headlines on Monday. 

Govt's cost-cutting drive: Proposal to merge CBDT, CBIC back on the table

As part of the government’s efforts to contain the costs of operations amid increasing revenue loss, the proposal to merge the direct and indirect tax boards is back on the table, with a massive downsizing of the cadre at all levels. These could include a freeze on hiring for the Indian Revenue Service (IRS), changes in retirement rules, merging