Top Business News: Onion Prices, SpiceJet, Rupee, Sensex & More

New Delhi, Dec 11 (PTI) Following are the top business stories at 2130 hours:



DCM 77 BIZ-ONION

Govt assures onion farmers there won't be export ban impact; will buy 2 lakh tonne for buffer stock

New Delhi: Amid onion farmers' protest in Maharasthra against ban on exports, the Centre on Monday said it will procure about 2 Lakh Tonne (LT) of the kharif crop for its buffer stock from all mandis to protect their interest.






DCM87 BIZ-LDALL SPICEJET

SpiceJet board adjourns meeting; to discuss funding plans on Tuesday

New Delhi: Crisis-hit SpiceJet's board of directors will continue to discuss fundraising plans on Tuesday after it could only partially complete the agenda items on Monday.



DCM85 BIZ-STATE INFRA-RBI REPORT

States should look at asset sales in infra sector to bolster revenues: RBI Report

Mumbai: States' finances improved in FY23, and there is a need to look at asset monetisation to help garner non-tax revenues, a Reserve Bank report said on Monday.



DCM84 BIZ-GPAI-LD VAISHNAW

GPAI: India to strive for 'declaration document' on approach to AI opportunities, risk mitigation

New Delhi: India will strive for consensus-based "declaration document" on the approach to AI opportunities and risk mitigation during the Global Partnership on Artificial Intelligence (GPAI) Summit, which will be inaugurated by the PM on Tuesday and entail multi-stakeholder deliberations around this new frontier of technology.



DEL110 BIZ-LD RUPEE

Rupee gains 3 paise against US dollar

Mumbai: The rupee appreciated 3 paise to 83.37 against the American dollar on Monday as investors stayed on the sidelines ahead of the US Federal Reserve meeting on interest rates.



DEL 84 BIZ-LD STOCKS

Sensex scales 70k-peak, Nifty closes just shy of 21k on gains in metal, IT shares

Mumbai: Equity benchmark Sensex breached a new milestone of 70,000 points before closing 102 points higher, while Nifty settled just shy of the 21,000 mark on Monday, driven by gains in banking, IT and metal shares.


DEL75 BIZ-WEF-INDIA

Union ministers Vaishnaw, Irani, Puri, 2 CMs likely to attend WEF Davos meet

New Delhi: Union ministers Ashwini Vaishnaw, Smriti Irani and Hardeep Singh Puri as well as Maharashtra Chief Minister Eknath Shinde and Karnataka Chief Minister Siddaramaiah are likely to visit the snow-laden picturesque Swiss resort town Davos next month for the World Economic Forum's Annual Meeting.



PAR 7 RS-LPG-UJJWALA

Cooking gas LPG rates for Ujjwala consumers cheapest in India compared to neighbouring nations: Govt

New Delhi: The price of domestic cooking gas LPG at Rs 603 for a 14.2 kilogramme cylinder for beneficiaries under Pradhan Mantri Ujjwala Yojana (PMUY) is the cheapest in India when compared to rates in neighbouring countries, Petroleum Minister Hardeep Singh Puri said in the Rajya Sabha on Monday.



DEL 69 BIZ-GOLD-PRICE

Gold tumbles Rs 900; silver declines Rs 200

New Delhi: Gold price tumbled Rs 900 to Rs 61,300 per 10 grams in the national capital on Monday amid weak cues in global markets, according to HDFC Securities.



DCM41 BIZ-ADANI-PROFIT

Adani group EBITDA jumps 47% to record Rs 43k cr in H1

New Delhi: Adani Group on Monday said pre-tax profit or EBITDA of its portfolio companies that span from apples to airports jumped 47 per cent in the first half of the current fiscal year to Rs 43,688 crore on growth across businesses.