new delhi sep 25 following are the top business stories till 2030 hours tuesday del27 bizjaitleyld banks new delhi finance minister arun jaitley tuesday asked public sector banks psbs to take effective action in cases of fraud and wilful loan defaults as he exuded confidence of achieving sustained economic growth rate of 8 per cent del24 bizld stocks mumbai market benchmark sensex tuesday bounced back by 347 points to end its fiveday losing streak helped by a recovery in banking pharma and fmcg stocks del45 bizjaitleyrajan new delhi finance minister arun jaitley tuesday hit out at former rbi governor raghuram rajan for predicting that the next banking crisis would be triggered by msme lending saying postmortem is easier than taking action when it was required dcm48 bizcabinetsugar new delhi sep 25 the cabinet is likely to consider wednesday the rs 4500 crore package for the cashstarved sugar sector which includes doubling production assistance to growers and transport subsidy for export up to 5 million tonnes in the next marketing season starting october sources said del38 bizrupee close mumbai the rupee tuesday weakened further by 6 paise to close at 7269 to the us dollar on sustained demand for the american currency amid soaring crude prices dcm45 bizirantrade new delhi the finance ministry and the rbi will work out a mechanism to ensure that india and iran trade does not get disrupted following the decision of the us to impose sanctions on the import of iranian crude oil a top government official said tuesday dcm39 bizstocksnbfc new delhi shares of housing finance and nbfc companies continued to remain weak tuesday falling as much as 235 per cent led by dhfl on fears of liquidity crisis dcm37 bizgstn new delhi the union cabinet is likely to consider wednesday the proposal to convert gst network gstn into a governmentowned company dcm31 biztelecomfdi new delhi the foreign direct investment fdi in the telecom sector rose to usd 62 billion in the last fiscal a near fivefold increase from usd 13 billion in 201516 union telecom minister manoj sinha said tuesday dcm54 biztradeduties new delhi india will impose duties on imports within the norms of the world trade organisation wto to protect domestic industry and boost the economy the commerce ministry said tuesday mkj mkj