News digest: IL&FS crisis, NSE-MCX merger, Statue of Unity, and more

After the meeting, no government official commented on anything even as Urjit Patel and his colleagues left North Block through a different exit point

FinMin, RBI divided on NBFC liquidity situation

Differences between the government and the Reserve Bank of India (RBI) were again evident in a meeting of the Financial Stability and Development Council (FSDC) on Tuesday, when they disagreed on the liquidity situation in non-banking financial companies (NBFCs) and the need for a separate payments regulator. Read more
 
Ola may relaunch grocery delivery biz early next year
 
Ola is working furiously behind the scenes to relaunch its grocery vertical by early next year, according to three people with knowledge of the company’s operations. The ride-hailing firm’s