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The Modi government is elated over the steady improvement in the collection of the Goods and Service Tax. It is seen as providing a revenue cushion to government finances and as signs of an economic recovery. But, argues A K Bhattacharya, these perceptions may not be entirely justified. He explains why here
In other views:
The top edit points out that markets will have to adjust to tighter financial conditions in the coming months, which could lead to a correction in valuations. Read it here
The second edit says the production of biomedical
