India Business News: Telecom Bill, Sensex Rebounds, Rupee Falls - Dec 21

New Delhi, Dec 21 (PTI) Following are the top business stories at 2100 hours:



PAR41 RS-2NDLD TELECOM BILL

Parliament passes Telecommunications Bill to replace archaic laws, modernise regulatory framework

New Delhi: Parliament on Thursday passed the Telecommunications Bill, 2023 that aims to reform the country's century-old telecom law to make the sector investor-friendly, prioritises user protection but also extends powers to the government to intercept communications.



DEL44 BIZ-LD-STOCKS

Sensex rebounds 358 pts on buying in HDFC Bank, Reliance Industries

Mumbai: Benchmark equity indices Sensex and Nifty recovered by more than half cent on Thursday following buying in index majors HDFC Bank and Reliance Industries.



DEL98 BIZ-LD-RUPEE

Rupee falls 9 paise to settle at 83.27 against US dollar

Mumbai: The rupee fell by 9 paise to settle at 83.27 against the US dollar on Thursday as withdrawal of foreign funds amid concerns over global trade disruption through the Red Sea route dented investor sentiment.


DEL27 BIZ-INFLATION-RETAIL

Retail inflation for farm workers rises to 7.37 pc in November, 7.13 pc for rural labourers

New Delhi: Retail inflation for farm workers rose to 7.37 per cent and that for rural labourers climbed to 7.13 per cent in November, mainly due to higher prices of certain food items.



DEL72 LSQ-LD GROUNDED AIRCRAFT

Govt says 164 planes lying idle at 15 airports

New Delhi, Dec 21 (PTI) As many as 164 planes are lying idle at 15 airports in the country, the government said on Thursday.





DCM83 BIZ-NIIF-AIRPORT

NIIF plans to invest up to Rs 675 crore on upcoming greenfield int'l airport in Andhra

Mumbai: National Investment and Infrastructure Fund (NIIF) is planning to invest up to Rs 675 crore on the upcoming greenfield international airport at Bhogapuram in Andhra Pradesh, which is being developed by the GMR group.




DEL49 BIZ-GOLD PRICE

Gold slips Rs 50; silver jumps Rs 600

New Delhi: Gold on Thursday slipped Rs 50 to Rs 63,050 per 10 grams in the national capital amid bearish trade in the overseas markets, according to HDFC Securities.