
Morning Digest | Centre drafting response to SC concerns on Adani stock meltdown, says Nirmala Sitharaman; Net Direct Tax kitty grows by 18.4% so far this year, and more
The Hindu
Here’s a select list of stories to read before you start your day
All institutions, including judiciary, have been subjugated to the ruling party: PDP chief Mehbooba Mufti
Former Jammu and Kashmir Chief Minister Mehbooba Mufti said on Friday that there was a time when the Emergency was seen as one of the darkest periods of Indian democracy but even then, the “judiciary had the guts to unseat the Prime Minister” of the time but “today it cannot unseat even an MLA of the ruling party”. Ms. Mufti, the chief of the People’s Democratic Party (PDP), said in an interview with The Hindu that all institutions, including the media, were subjugated to the ruling party.
Net Direct Tax kitty grows by 18.4% so far this year
India’s Gross Direct Tax collections had risen 24.1% to touch ₹15.67 lakh crore by Friday, with personal Income Tax collections rising 29.6%, much faster than corporate income tax inflows which are up 19.3% so far this year. Net of refunds, total tax collections are ₹12.98 lakh crore, 18.4% higher than a year ago, and constitute 91.4% of the Budget targets for 2022-23 and 78.65% of the revised estimates.
Indian found dead under rubbles in quake-hit Turkey’s Malatya
The mortal remains of the lone Indian missing after last Monday’s earthquake in Turkey have been found, the Embassy of India in Ankara has announced. The announcement coincided with the news that both Turkey and Syria had asked for additional supply of medicines and medical equipment.
Centre drafting response to SC concerns on Adani stock meltdown, says Nirmala Sitharaman

Can RBI’s proposal to waive foreclosure charges help micro and small industries? | Explained Premium
RBI proposes to waive foreclosure charges and prepayment penalties on loans for MSEs, aiming for easy financing.