Political drama casts shadow on bourses
Political concerns returned to prominence on the stock markets after a long time. After the recovery in the last two days, the bellweather Sensex made a dramatic turnaround, closing sharply down by about 74 pts on the BSE on Friday in the wake of fresh selling, triggered by fears of uncertainty on the political front.



J&K Bank ‘manages’ to get RBI’s insurance nod
Even as the RBI is holding back its permission to public sector aspirants for their entry into the insurance sector, it has given the green signal to a second private sector bank, J&K Bank, for entry into the insurance sector.



IDBI plunges into film funding, unveils norms
Move over underworld, it’s time to institutionalise film financing. In a bid to curb the influence of the underworld in the Rs 6,000-crore film industry, the IDBI has finally decided to take a plunge into film financing.



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