Sensex rises 489 points on Fed’s rate cut hint; Nifty ends above 11,800
The Indian benchmark indices rallied on Thursday following dovish statements by the Federal Reserve. The US central bank left interest rates unchanged on Wednesday, but indicated it would not hesitate to cut rates to boost the economy, amid growing uncertainties. Read more here
NCLT sets 90-day deadline for Jet Airways bankruptcy resolution
The National Company Law Tribunal (NCLT) on Thursday admitted the insolvency petition moved by State Bank of India (SBI) — under section 7 of the Insolvency and Bankruptcy Code (IBC) — against