Business News: Sensex Falls, RBI Dividend Proposal, Rupee Declines

New Delhi, Jan 2 (PTI) Following are the top business stories at 2100 hours:



DEL 34 BIZ-LD-STOCKS

Sensex falls 379 pts on profit taking in bank & IT stocks, foreign fund outflows

Mumbai: Benchmark Sensex declined by 379 points on Tuesday due to profit-taking in bank, auto and IT shares after recent sharp gains and fresh foreign fund outflows.




DEL 47 BIZ-RBI-BANKS

RBI proposes banks with less than 6 pc net NPAs to declare dividends

Mumbai: The Reserve Bank on Tuesday proposed allowing banks having net non-performing assets (NPAs) ratio of less than 6 per cent to declare dividends.



DEL 65 BIZ-LD RUPEE

Rupee declines 11 paise to settle at 83.32 against US dollar

Mumbai: The rupee depreciated by 11 paise to settle at 83.32 against the US dollar on Tuesday, amid a muted trend in domestic equities and increased dollar demand from importers.



DCM 28 BIZ-SUGAR-OUTPUT

India's Oct-Dec sugar output dips 7.7 pc to 112 lakh tons: NFCSF

New Delhi: Sugar production was 7.7 per cent lower at 112 lakh tonnes in the first three months of the ongoing 2023-24 season, owing to lesser output in two key states, according to cooperative body NFCSF.


DCM 47 BIZ-MARUTI-PRODUCTION

Maruti Suzuki production falls 2.96 pc at 1,21,028 units in Dec 2023

New Delhi: Maruti Suzuki India on Tuesday reported a 2.96 per cent decline in total vehicle production at 1,21,028 units in December 2023.



DEL 29 BIZ-GOLD-PRICE

Gold jumps Rs 280; silver bounces Rs 300

New Delhi: Gold prices jumped Rs 280 to Rs 64,200 per 10 grams in the national capital on Tuesday amid strong global cues and depreciation in rupee, according to HDFC Securities.