Parliament on Wednesday passed amendments to the Insolvency and Bankruptcy Code (IBC) aimed at expediting resolution of stressed companies and reducing case backlogs, with Finance Minister Nirmala Sitharaman underlining that the objective is to revive firms rather than liquidate them, according to PTI.The Rajya Sabha cleared the Insolvency and Bankruptcy Code (Amendment) Bill, 2026 by…

MUMBAI: Sebi is pushing ahead with bond market reforms with plans for bond tokenisation pilots and a new regulatory framework for debt brokers, as it seeks to deepen corporate debt markets beyond their current narrow base of issues and investors. The regulator is looking at easing disclosure norms for debt-only issues.Noting that financing for business…

The Middle East crisis continues to choke energy supplies across the world and push crude prices higher, swinging around $100 per barrel mark. However, even though input costs for energy continue to rise, fuel prices remain unchanged in India, pushing state-run oil marketing companies under mounting losses.Losses are estimated at around Rs 18 per litre…