India Business News: Rupee Hits All-Time Low, Gold Falls - Dec 13

New Delhi, Dec 13 (PTI) Following are the top business stories at 2135 hours:



DEL 57 AVI-INDIGO-AYODHYA AIRPORT

IndiGo to operate inaugural flight to Ayodhya airport on Dec 30

New Delhi: IndiGo on Wednesday said it will operate the inaugural flight from the national capital to Ayodhya airport on December 30 and the commercial services will commence from January 6.


DEL 56 LSQ-LD EVS

No proposal to provide duty concession on import of EVs: Govt

New Delhi: The government on Wednesday said it is not considering any proposal to provide duty concessions and exemption from local value addition for import of electric vehicles into the country.



PAR23 LS-FM-TAX BILL

FM introduces bill to give immediate effect to customs, excise duty proposals in Budget

New Delhi: The government on Wednesday introduced a bill in Parliament, which seeks to give immediate effect to the changes in customs and excise duties announced in the Budget.


DEL 45 BIZ-ECONOMY-RAJAN

Infra spending, good performance by large economies push sharp uptick in GDP in H1FY24: Rajan

New Delhi: Former RBI governor Raghuram Rajan has attributed the sharp uptick in GDP in the first half of the current fiscal to infrastructure spending and good performance by large economies of the world but added India has to do a lot of catching up and the USD 5 trillion economy goal for 2025 is nearly impossible.



PAR 20 LS-FM-GST BILL

Sitharaman introduces GST bill to raise age limit of president, members of appellate tribunals

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday introduced a bill in the Lok Sabha to raise the age limit for president and members of GST appellate tribunals.



DEL81 BIZ-LD RUPEE

Rupee falls 3 paise to revisit all-time low of 83.40 against US dollar

Mumbai: The rupee depreciated 3 paise to revisit all-time closing low of 83.40 against the US dollar on Wednesday amid a strong American currency overseas.



DEL39 BIZ-GOLD-PRICE

Gold falls Rs 80; silver tumbles Rs 700

New Delhi: Gold prices slipped Rs 80 to Rs 61,820 per 10 grams in the national capital on Wednesday amid weak global cues, according to HDFC Securities.


DEL 50 BIZ-LD STOCKS

Stock markets settle marginally higher on late buying; L&T, Reliance advance

Mumbai: Benchmark equity indices Sensex and Nifty eked out marginal gains on Wednesday following late buying in capital goods, auto and utility stocks as investors adopted a cautious approach ahead of the US Fed interest rate decision.





DCM 21 BIZ-GRANULES-USFDA

Granules India gets USFDA nod for generic pantoprazole sodium tablets

New Delhi: Granules India Ltd on Wednesday said it has received approval from the US health regulator for its generic pantoprazole sodium delayed-release tablets used in the short-term treatment of erosive esophagitis associated with gastroesophageal reflux disease.



DCM 89 BIZ-SAT-JIO

SAT quashes Sebi's Rs 7 lakh fine against RIL's subsidiary

New Delhi: The Securities Appellate Tribunal (SAT) on Wednesday quashed a Sebi order imposing a penalty of Rs 7 lakh on Jio Financial Services Ltd in case of alleged manipulation in certain trades in long-dated Nifty options in 2017.