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A wave of demands for payment of GST on intra-company transactions has opened up a new front between corporates and the government. A dent to the ease-of-doing-business ranking is the likely first casualty.

Fiscal discipline holds on paper, but the number is propped up by higher borrowing and revenue sources that are far from stable.
As the private lender reeled from serial scandals, Hinduja insisted he was merely a shareholder. Board-level links, conflicts of interest and regulatory blind spots suggest otherwise.
Beyond marginal savings for consumers, the promises held out by the GST cuts are a tall order. Maybe even delusional.