India Business News: Stock Markets Hit Record Highs, Rupee Rebounds - Business Standard

New Delhi, Dec 28 (PTI) Following are the top business stories at 2050 hours:


DEL42 BIZ-LD STOCKS

**** Markets hit fresh lifetime highs; Sensex gains 370 points

Mumbai: Equity benchmark indices Sensex and Nifty advanced further to settle at record highs for the second straight session on Thursday, buoyed by lower crude prices in international markets and fresh foreign fund inflows amid largely positive global cues. ****


DEL58 BIZ-LD RUPEE

**** Rupee rebounds 14 paise to 83.20 against US dollar

Mumbai: The rupee rebounded after two straight days of fall to settle 14 paise higher at 83.20 against the US dollar on Thursday, amid a weak American currency overseas and a rally in domestic equity markets. ****


DEL40 BIZ-RBI-FSR-DAS

**** RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das

Mumbai: Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major economies in the world with a rising potential growth profile, and stressed that the central bank remains committed to act early and decisively to prevent any build-up of risks. ****



DEL50 BIZ-PULSES-IMPORTS

**** Govt says no restrictions on tur, urad dal imports till March 2025
New Delhi: The government on Thursday said there will be no restrictions on import of tur and urad dal till March 2025 as part of efforts to boost domestic supply and keep prices under control. ****



DEL49 BIZ-RBI-BIG BANKS

**** SBI, HDFC Bank, ICICI Bank remain systemically important banks: RBI

Mumbai: The Reserve Bank on Thursday said SBI, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) or institutions which are 'too big to fail'. ****


DCM67 BIZ-LD LIC-DEBT DATA

**** LIC in active discussion with RBI for access to debt data via CRILC: Mohanty

Mumbai: State-owned insurer LIC is 'in active discussion' with the Reserve Bank and confident of getting access to the central bank's debt database CRILC, its chairman Siddhartha Mohanty on Thursday said and rued that despite being the largest debt investor it has no access to the debt data platform. ****


DEL46 BIZ-STOCKS-WEALTH

**** Bull run: Investors' wealth climbs Rs 12.80 lakh cr in five days

New Delhi: With the equity markets rallying for the fifth day running, investors' wealth climbed Rs 12.80 lakh crore, amid prevailing bullish sentiments due to optimism over the country's macroeconomic fundamentals and fresh foreign fund inflows. ****


DEL35 BIZ-GOLD-PRICE

**** Gold glitter on global cues, jumps Rs 450

New Delhi: Gold prices surged Rs 450 to Rs 64,300 per 10 grams in the national capital on Thursday amid strong global cues, according to HDFC Securities.