Get the latest business news from India, including updates on deepfakes, stock markets, rupee, current account deficit, Adani Group, and gold prices.
Photograph: Beawiharta/Reuters
New Delhi, Dec 26 (PTI) Following are the top business stories at 2120 hours:
DEL77 BIZ-DEEPFAKE-LD ADVISORY
Deepfake crackdown: Govt issues advisory to social media platforms to abide by IT rules
New Delhi: Amid growing concerns over deepfakes, the government has directed all platforms to comply with IT rules, as companies have been mandated to inform users in clear terms about prohibited content, and cautioned that violations will attract legal consequences.
DEL43 BIZ-LD-STOCKS
Stock markets rally for 3rd day on firm trend in Asian equities, buying in HDFC Bank
Mumbai: Stock markets closed with gains on Tuesday, extending the winning run to the third day on the trot after buying in HDFC Bank and Reliance Industries.
DEL76 BIZ-LD-RUPEE
Rupee falls 3 paise to settle at 83.19 against US dollar
Mumbai: The rupee slipped 3 paise to settle at 83.19 against the US dollar on Tuesday amid a strong American currency and outflow of foreign funds.
DEL59 BIZ-RBI-LD CAD
India's CAD declines sharply to 1 pc of GDP in July-Sep quarter: RBI
Mumbai: India's current account deficit declined sharply to 1 per cent of the GDP or USD 8.3 billion in the second quarter of this financial year, mainly due to lower merchandise trade deficit and growth in services exports, according to a RBI data released on Tuesday.
DEL40 BIZ-LD ADANI
Adani family to invest Rs 9,350 cr in green energy arm
New Delhi: Billionaire Gautam Adani and his family will inject Rs 9,350 crore into the conglomerate's green energy arm to equip it to achieve the 45 GW target by 2030 and to meet debt payment obligations, according to a company filing.
DCM92 BIZ-RBI-FOREX
RBI proposes to introduce new category of money changers
Mumbai: The Reserve Bank on Tuesday proposed to introduce a new category of money changers who may conduct business through an agency model by becoming Forex Correspondents (FxCs) of Authorised Dealers.
DEL38 BIZ-GOLD-PRICE
Gold climbs Rs 250; silver rallies Rs 350
New Delhi: Gold prices climbed Rs 250 to Rs 63,750 per 10 grams in the national capital on Tuesday in line with a firm trend in global markets, according to HDFC Securities.
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