Business Highlights: Sensex Hits Record High, Rupee Falls - Dec 19

New Delhi, Dec 19 (PTI) Following are the top business stories at 2040 hours:


PAR34 LS-2NDLD-TAX-BILLS

Lok Sabha passes bill to cap age of GSTAT Prez, members; provisionally effect Budget duty changes

New Delhi: The Lok Sabha on Tuesday passed two bills -- one seeks to cap the age limit for GSTAT President and members while the other for provisionally effecting the changes in customs and excise duties announced in the Budget.


DEL58 BIZ-LD-STOCKS

Sensex, Nifty hit new record highs on firm global trends, buying in FMCG, oil shares

Mumbai: Benchmark equity indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday before closing with gains on the back of buying in FMCG and oil shares and positive global cues.


DEL52 BIZ-RUPEE-CLOSE

Rupee falls 9 paise to close at 83.19 against US dollar

Mumbai: The rupee declined by 9 paise to settle at 83.19 (provisional) against the US dollar on Tuesday due to dollar buying by importers amid lingering worries over oil supplies through the Red Sea route.


DEL56 BIZ-RBI-AIF

RBI tightens norms to check evergreening of loans by lenders through AIFs
Mumbai: In a move to curb "evergreening" of loans, the Reserve Bank on Tuesday barred banks and NBFCs from investing in any scheme of Alternative Investment Funds (AIFs) having investment in companies that have taken loan from the lenders concerned in the past 12 months.



PAR30 LS-FM-ONLINE GAMING

Valuation rules for GST on online gaming platforms effective prospectively: FM

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday said the valuation rules for levying 28 per cent GST on entry-level bets on online gaming platforms are effective prospectively.


DCM9 BIZ-SPICEJET-GO FIRST

SpiceJet says interested in buying bankrupt Go First

New Delhi: SpiceJet on Tuesday said it has expressed interest to acquire Go First and plans to submit its offer after carrying out due diligence of the bankrupt carrier.


DEL54 BIZ-GOLD-PRICE

Gold rises Rs 50, silver slumps Rs 250

New Delhi: Gold edged higher by Rs 50 to Rs 62,800 per 10 grams in the national capital on Tuesday amid gains in the precious metal prices internationally, according to HDFC Securities.