Essential Commodities Act amendment double-edged sword, says economist

Kolkata: Parliament passed the Essential Commodities (Amendment) Bill, 2020, which seeks to remove cereals, pulses, oilseeds, edible oils, onion and potatoes from the list of essential commodities. The bill, which replaces an ordinance promulgated in June, is aimed at eliminating fears of private investors of excessive regulatory interference in their...

Sensex closed down 66 points

We have seen weakness in the stock market for the third consecutive day. The domestic stock market started with strong momentum amid mixed global cues, but later the market was weak. The selling in Pharma and PSU bank shares was more. The Nifty closed below 11150 in business. At the...