Top 10 biz headlines: Stock market bloodbath, FMCG slowdown and more

From indices hitting 6-month low to IMF poser on India's tax revenue estimate, here are the top business headlines for Friday

IMF raises doubts about India's tax revenue estimates, GDP growth target

The International Monetary Fund (IMF) has posed questions for policymakers in India over steep tax revenue collection estimates for 2019-20 and the bottlenecks in the goods and services tax (GST) regime.

Working on the country’s annual economic surveillance or assessment report, the Washington-based multilateral institution has asked India to explain how it is confident of meeting its revenue estimates for the year. Read more

Indices hit 6-month low as stimulus hope fades

The equity markets fell sharply on Thursday, with the broader market indices closing at