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Sensex tumbles 461 points to close at 25,603

In the domestic stock markets, the Sensex tumbled below the 26,000-mark, amid a global market slide, today, while the rupee weakened modestly against the dollar. Giving up small initial gains, the Sensex at the Bombay Stock Exchange finally closed with a big loss of 461 points, or 1.8 percent, at...


Government taking steps to deal with mounting bad loans: Arun Jaitley

Finance Minister Arun Jaitley said the Joint Parliamentary Standing Committee has cleared the Bankruptcy and Insolvency Code and is likely to be discussed in the current Budget Session of Parliament. Addressing the second meeting of the Consultative Committee on Non Performing Assets , NPA...


Personal ornaments beyond limit should not be treated as excluded assets: Panel on Bankruptcy code

A Joint Committee of Parliament has observed that personal ornaments beyond a prescribed limit should not be treated as excluded assets. The Committee on Insolvency and Bankruptcy Code 2015 in its report submitted to Parliament today also said that any person adjudged as an undischarged in...


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