India Business News: GST, Stocks, Rupee & More - Dec 1

New Delhi, Dec 1 (PTI) Following are the top business stories at 2100 hours:



DEL66 BIZ-LD GST-COLLECTION

GST collections jump 15 pc to Rs 1.68 lakh cr in Nov

New Delhi: GST collections jumped 15 per cent to nearly Rs 1.68 lakh crore in November on increased domestic activity and festive season buying, the finance ministry said on Friday.


DEL44 BIZ-LD-STOCKS

Nifty hits life-time high, Sensex jumps 493 points on favourable macro data

Mumbai: Key equity index Nifty hit its lifetime high while Sensex jumped 493 points to close at an 11-week high, driven by favourable macroeconomic data and continuous foreign fund inflows.



DEL52 BIZ-YOUTUBE-DEEPFAKE

Deepfake is not in our interest; co complies with all local laws: YouTube

New Delhi: Deepfake videos are not in the interest of YouTube as none of the stakeholders want to associate themselves with platforms that allow fake news or misinformation, a senior company official has said.



DEL69 BIZ-LD RUPEE

Rupee rises 4 paise against US dollar

Mumbai: The rupee appreciated 4 paise to settle at 83.33 against the US dollar on Friday, following positive cues from equity markets and strong domestic macroeconomic data.



DEL22 BIZ-RBI-RS2000 NOTES

RBI says Rs 2,000 notes totalling Rs 9,760 cr still with public

Mumbai: The Reserve Bank of India (RBI) on Friday said nearly 97.26 per cent of the Rs 2,000 bank notes have been returned to the banking system, and only about Rs 9,760 crore worth of the notes are still with the public.


DEL49 BIZ-FOREX RESERVES

India's foreign exchange reserves jump USD 2.538 bln to USD 597.935 bln
Mumbai: India's foreign exchange reserves increased USD 2.538 billion to USD 597.935 billion for the week ended November 24, the Reserve Bank said on Friday.


DEL13 BIZ-PMI-MANUFACTURING

India's manufacturing sector continues with robust performance in Nov on easing price pressures: Survey

New Delhi: India's manufacturing sector continued with its robust performance in November, mainly on the back of substantial easing in price pressures and strengthening demand from clients, a monthly survey said on Friday.


DEL42 BIZ INDIA TESLA

Will never give company-specific incentives in EV sector, govt official on Tesla's demand

New Delhi: India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country.




DCM69 BIZ-LD AUTO SALES

Festive demand, better production lead to highest-ever November PV wholesales

New Delhi: Passenger vehicle (PV) dispatches rose to the highest-ever level for November month as the companies pushed supplies to dealers to cater to the enhanced demand in the festive season.



DCM15 BIZ-LD ATF-PRICE-CUT

ATF price cut by 4.6 pc; commercial LPG rate hiked by Rs 21

New Delhi: Jet fuel or ATF price on Friday was cut by 4.6 per cent, the second reduction in a month, while commercial cooking gas (LPG) rate was hiked by Rs 21 per 19-kg cylinder in line with international benchmarks.


DEL40 BIZ-GOLD-PRICE

Gold rises Rs 100; silver jumps Rs 500

New Delhi: Gold prices rose Rs 100 to Rs 63,300 per 10 grams in the national capital on Friday amid gains in precious metal price globally, according to HDFC Securities.