Left Menu
Development News Edition

Business highlights

PTI | New Delhi | Updated: 16-01-2020 18:28 IST | Created: 16-01-2020 18:28 IST
Business highlights

Following are the top business stories at 1812 hours:

DCM36 BIZ-AIRTEL-AGR Disappointed with SC dismissing AGR review plea; may file curative petition: Airtel

New Delhi: With the Supreme Court dismissing its review petition on AGR dues, telecom company Bharti Airtel on Thursday said it is disappointed, and evaluating options to file a curative petition in the matter.

DCM27 BIZ-IDBI BANK-PCA IDBI to meet RBI this week; seeks to exit PCA framework

Mumbai: LIC-owned IDBI Bank, currently under prompt corrective action since May 2017, is expected to hold meeting with the RBI this week to seek removal of operational restrictions, according to sources.

DEL73 BIZ-LD RUPEE Rupee drops by 11 paise to 70.93 on dollar demand

Mumbai: The rupee fell by 11 paise to close at 70.93 against the US dollar on Thursday due to strengthening crude oil prices and dollar demand from importers.

DCM33 BIZ-AGRI-GROWTH Farm sector growth may reach 3.1% in this fiscal: NITI Aayog member

New Delhi: Farm sector growth is likely to be higher at 3.1 per cent in the current fiscal compared with 2.9 per cent in 2018-19, government think-tank NITI Aayog member Ramesh Chand said on Thursday.

DEL62 BIZ-LD STOCKS Sensex, Nifty fail to hold life highs; ticked higher at close

Mumbai: Benchmarks Sensex and Nifty on Thursday eked out gains but retreated from record highs touched in early trade as optimism over US-China trade deal short-lived after investors weighed macroeconomic issues like higher bank NPAs and a spike in retail inflation.

DCM39 BIZ-GOLD-HALLMARKING Govt notifies mandatory gold hallmarking; WGC welcomes move

New Delhi: The government has notified the mandatory hallmarking of gold jewellery and artefacts, which will come into force from January 15, 2021.

DCM26 BIZ-CUSTOMS DUTY Govt considering hike in customs duty on toys, certain paper, footwear products in Budget

New Delhi: The government may increase customs duty on several products like paper, footwear, rubber items and toys in the forthcoming Budget with a view to promote 'Make in India' and boost manufacturing growth, sources said.

DEL76 BIZ-GOYAL-AMAZON Amazon not doing favour by investing USD 1 bn: Goyal

New Delhi: A day after the world's richest person Jeff Bezos announced fresh USD 1 billion investment in India, Union Commerce and Industry Minister Piyush Goyal on Thursday said his firm Amazon was not doing a favour to the country by the investments and questioned how the online retailing major could incur such "big" losses but for its predatory pricing.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION / BLOG / INTERVIEW

China: A savior for emerging markets or a poison pill?

... ...

Future of Urban Planning: Artificial Intelligence guiding the way

Advances in emerging technologies like Artificial Intelligence and Machine Learning can help us understand our cities better and derive useful insights from real-time data collected through automated models....

Videos

Latest News

Police clamp down on Russian protests against jailing of Kremlin foe Navalny

Police detained more than 2,500 people and used force to break up rallies across Russia on Saturday as tens of thousands of protesters ignored the extreme cold and police warnings to demand the release of Kremlin critic Alexei Navalny.Naval...

Sweden prepares ban on entry from Norway over new COVID strain

Sweden plans to introduce a temporary ban on entry from Norway, it said on Saturday, due to the spread of a new mutated form of the coronavirus in the neighbouring country. Norways capital Oslo and nine nearby municipalities earlier in the ...

French COVID-19 intensive care numbers down first time in two weeks

The number of people in intensive care units with coronavirus infection in France fell by 16 to 2,896, the first fall in two weeks after having risen by about 20 per day since mid-January.The French health ministry also reported 23,924 new ...

Drugs worth Rs 25 lakh seized in Odisha

Around 250 gm of brownsugar was seized in Odishas Balasore district on Saturday,police said.Acting on a tip-off, police raised a location inJhadeswarpur area in Jaleswar town and found the drugs worthRs 25 lakh buried in the ground, a polic...

Give Feedback