India's Economy Grows 7.6%, Stock Markets Up - Business Highlights

New Delhi, Nov 30 (PTI) Following are the top business stories at 2100 hours:



DEL90 BIZ-2NDLD ECONOMY

Indian economy tops expectations, grows by 7.6% in Q2

New Delhi: India retained the tag of the world's fastest-growing major economy, with its GDP expanding by a faster-than-expected rate of 7.6 per cent in the July-September quarter on booster shots from government spending and manufacturing.


DEL74 BIZ-LD INFRA-GROWTH

Key infra industries growth up at 12.1 pc in October; 4 sectors log double-digit expansion

New Delhi: The output of eight key infrastructure sectors jumped by 12.1 per cent in October 2023 against 0.7 per cent expansion in the year-ago period on account of a sharp uptick in production of coal, steel, cement and electricity, according to the official data released on Thursday.



DEL93 BIZ-LD RUPEE

Rupee falls 5 paise to settle at 83.37 against US dollar

Mumbai: The rupee on Thursday snapped a two-day rising streak to settle 5 paise lower at 83.37 against the US dollar amid strengthening American currency overseas and rising crude oil prices.



DEL56 BIZ-LD-STOCKS

Stock markets edge up in volatile trade on derivatives expiry, rise for 3rd day

Mumbai: Benchmark equity indices Sensex and Nifty eked out gains on Thursday to extend the winning run for a third straight day in a highly volatile trade amid the scheduled monthly derivatives expiry and muted trend in the US markets.


DEL71 BIZ-BSE-MCAP

Market valuation of BSE-listed firms remain above USD 4 trillion mark for second consecutive day
New Delhi: The combined market valuation of all listed companies on the leading stock exchange BSE remained above the USD 4 trillion-mark for the second straight day on Thursday amid an overall optimistic trend in equities.


DEL64 BIZ-STOCKS-LD TATA TECH

Tata Tech makes bumper stock market debut; shares settle with huge premium of nearly 163 pc

New Delhi: Shares of Tata Technologies, an arm of Tata Motors, made a dream stock market debut on Thursday and ended with a huge premium of nearly 163 per cent, against the issue price of Rs 500.


DEL81 BIZ-LD FISCAL DEFICIT

Fiscal deficit touches 45 pc of full-year target in October
New Delhi: The government's fiscal deficit at the end of October stood at Rs 8.03 lakh crore or 45 per cent of the full-year budget estimate, according to data released by the Controller General of Accounts (CGA) on Thursday.


DEL50 BIZ-GOLD-PRICE

Gold declines Rs 300 to Rs 63,200/10 gms

New Delhi: Gold retreated from its all-time high in the national capital on Thursday, declining by Rs 300 to Rs 63,200 per 10 grams, according to HDFC Securities.