Business highlights

Following are the top business stories at 1930 hours:

DEL24 BIZ-RUPEE-CLOSE

Rupee advances 14 paise to 68.44 against USD on Fed rate cut signals Mumbai: The rupee darted up 14 paise to finish at 68.44 against the US dollar Thursday after dovish comments by US Federal Reserve chair Jerome Powell boosted emerging market currencies.

DEL17 BIZ-LD STOCKS

Sensex soars 266 pts as dovish Fed lifts global equities Mumbai:The BSE Sensex reversed recent losses to end 266 points higher Thursday, largely in line with global markets which rallied after US Federal Reserve Chair Jerome Powell bolstered expectations of a rate cut.

DEL10 BIZ-BULLION-CLOSE

Gold prices zoom Rs 930 on firm global cues New Delhi: Gold prices Thursday zoomed Rs 930 to Rs 35,800 per 10 gram in the national capital tracking positive overseas trend after US Federal Reserve Chairman Jerome Powell hinted at a rate cut soon that prompted investors to move towards safe-haven assets like the yellow metal.

DCM27 BIZ-RBI-HOUSING AFFORDABILITY

Housing affordability worsened over past 4 years: RBI survey Mumbai: A Reserve Bank survey Thursday showed that housing affordability has worsened in four years with Mumbai being the least affordable.

DEL29 BIZ-US-TRADE

India, US officials to meet Friday to discuss trade issues New Delhi: Senior officials from India and the US would meet here Friday to discuss various trade and economic issues and strengthen bilateral relations, a top official said.

DCM12 BIZ-RSQ-HACKING

25 websites of Central Ministries, state governments hacked between Jan-May 2019: Prasad New Delhi: About 25 websites of Central Ministries and state governments were hacked in the first five months of 2019, Parliament was informed Thursday.

DCM13 BIZ-RINFRA-LENDERS

RInfra lenders sign pact for debt resolution New Delhi: Anil Ambani-led Reliance Group firm Reliance Infrastructure said Thursday its lenders have signed an inter-creditor agreement (ICA) for the resolution of debt.