Business highlights

Business highlights

New Delhi, Nov 21 (PTI) Following are the top business stories at 2120 hours: DEL100 BIZ-LD RUPEE Rupee rises 10 paise against US dollar Mumbai: The rupee recovered from its all-time low to settle 10 paise higher at 83.28 against the US dollar on Tuesday, tracking the weakness of the American currency in the overseas market and positive domestic equities.

DEL77 BIZ-FDI FDI equity inflows dip 24 pc to USD 20.48 bn in Apr-Sep 2023 New Delhi: Foreign direct investment (FDI) equity inflows in India declined 24 per cent to USD 20.48 billion in April-September 2023, dragged by lower inflows in computer hardware and software, telecom, auto and pharma, according to government data.

DEL73 BIZ-ONEWEB-INSPACE Eutelsat OneWeb 1st pvt satcom firm to get regulatory nod for commercial satellite broadband New Delhi: Bharti Group-backed OneWeb India has received the necessary authorisations from Indian space regulator IN-SPACe to launch Eutelsat OneWeb’s commercial satellite broadband services in India.

DEL65 BIZ-LD-STOCKS Stock markets recover from 2-day decline on firm global cues, easing rate hike worries Mumbai: Benchmark stock indices Sensex and Nifty rebounded on Tuesday after two days of decline following buying in select metal and banking shares and a bullish trend in the US markets on easing rate hike worries.

DEL81 BIZ-GST-FAKE FIRMS GST officers bust syndicate of 48 fake firms availing fraudulent ITC of over Rs 199 cr; 3 arrested New Delhi: GST officers have busted a syndicate of 48 fake firms which availed fraudulent input tax credit (ITC) of over Rs 199 crore and have arrested three people in this regard, the finance ministry said on Tuesday.

DCM84 BIZ-FINMIN-REPORT FY24 to end with strong growth performance, macroeconomic stability: Finmin report New Delhi: The current financial year should conclude as projected with a strong growth performance and macroeconomic stability as more than half of this fiscal has witnessed positive developments in the economy, a finance ministry report said on Tuesday.

DCM57 BIZ-TRAI-SPAM CALLS Trai DND app to be compatible with all Android phones by March: Trai secretary New Delhi: The Telecom Regulatory Authority of India (Trai) is fixing bugs in its do not disturb app, which helps mobile subscribers report pesky calls and text messages immediately, a senior official of the regulatory body said on Tuesday.

DCM51 BIZ-IDBI BANK-ASSET VALUER Govt cancels bid for appointing asset valuer for IDBI Bank, fresh RFP to be issued New Delhi: The government on Tuesday cancelled the bid process for the appointment of an asset valuer for strategic sale-bound IDBI Bank on low bidder interest. DEL60 BIZ-GOLD-PRICE Gold climbs Rs 380; silver advances Rs 100 New Delhi: Gold prices climbed Rs 380 to Rs 62,150 per 10 grams in the national capital on Tuesday amid strong global cues, according to HDFC Securities. PTI TRB TRB

Disclaimer: This story is auto-generated feed.

PSU Watch