Of the 1198 bankrupt companies admitted for resolution, just 52 are being sold until September end. The liquidation process has started in 212 cases. There are 816 cases pending for resolution.

Chinese ecomm giant Alibaba posts sales of over $30 bn during 24-hour retail frenzyChinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during its 24-hour online retail frenzy Singles' Day, but the event's annual growth dropped to its slowest rate. Shoppers in China and across the world snapped up hot items including iPhones, furniture and milk powder starting pre-dawn, with Alibaba recording roughly $10 billion in sales in t...

The remarks come a day after former RBI Governor Raghuram Rajan blamed the indirect taxation reform for derailing India's growth story. However, Jaitley did not name Rajan.

The recent infusion from foreign portfolio investors comes following a net outflow of more than Rs 38,900 crore in October, which was the steepest withdrawal in nearly two years.

Demonetisation and GST are the two major headwinds that held back India's economic growth last year, Raghuram Rajan said, asserting that the current seven per cent growth rate is not enough for India.

\"It is a protest against failed demonetisation of Modi government where common people of the nation suffered its grave consequences,\" says the Congress.