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(RTTNews.com) – Indian shares look set to open largely unchanged on Wednesday as politicians trade barbs on the merits and demerits of demonetization.
While Congress leader Manmohan Singh called it an “organized loot”, Finance Minister Arun Jaitley called the note ban an ethical drive, a moral step that made corruption difficult.
Meanwhile, the Insolvency and Bankruptcy Board of India has tweaked its regulations on corporate insolvency resolution process so as to ensure that it results in a credible and viable resolution plan.
The rupee also weakened sharply to close below 65-mark aga…
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