BUSINESS HIGHLIGHTS
New Delhi, Jul 30 (PTI) Following are the top business stories at 2030 hours: DEL60 PM-LD INDUSTRY **** Global investors eyeing India, don't miss this 'golden chance': PM to India Inc New Delhi: Prime Minister Narendra Modi on Tuesday said India is firmly on the path to becoming the world's third-biggest economy within next five years and that global investors are eyeing it as an investment destination, as he exhorted the domestic industry to seize the golden opportunity to be part of the journey of 'Viksit Bharat'.
DEL46 RSQ-PAY COMMISSION **** Govt receives 2 representations for 8th pay panel; no proposal under consideration New Delhi: The government has received two representations for the constitution of the 8th Central Pay Commission, but no such proposal is currently under consideration, Parliament was informed on Tuesday. **** DEL95 BIZ-LD RUPEE **** Rupee ends flat at 83.73 against US dollar Mumbai: The rupee closed flat at 83.73 against the US dollar on Tuesday amid a positive trend in domestic markets ahead of the US Fed policy announcement. **** DEL57 BIZ-RBI-WILFUL DEFAULTERS **** Check for 'wilful default' in NPA accounts exceeding Rs 25 lakh: RBI to banks Mumbai: The RBI on Tuesday issued a Master Direction on the Treatment of Wilful Defaulters and Large Defaulters under which banks and NBFCs will have to examine the 'wilful default' aspect in all non-performing asset accounts with outstanding amounts of Rs 25 lakh and above. **** DEL69 BIZ-LD-STOCKS **** Sensex, Nifty rise for 3rd day on gains in Tata Motors, HDFC Bank Mumbai: Benchmark equity indices Sensex and Nifty eked out gains in volatile trade to settle at record high levels on Tuesday, extending their gaining streak to the third day on the back of buying in Tata Motors and HDFC Bank. **** DCM35 RSQ-CAPITAL GAINS **** Govt mopped up Rs 98,681 cr from taxing long term capital gains in listed equities in FY23 New Delhi: The government has garnered Rs 98,681 crore from long term capital gains tax on listed equities in 2022-23, a 15 per cent growth over the previous year, Parliament was informed on Tuesday. **** DEL86 BIZ-SEBI-BUCH **** Households losing Rs 60,000 cr a year on derivative bets: Buch Mumbai: Sebi chairperson Madhabi Puri Buch on Tuesday said households are losing up to Rs 60,000 crore a year in the problematic futures and options segment. **** DCM61 BIZ-RESULTS-LD IOC **** IOC net profit drops 81 pc in Q1 on low refining margin, fuel under-recoveries New Delhi: Indian Oil Corporation (IOC), the nation's largest oil firm, on Tuesday reported a 81 per cent drop in June quarter net profit, as refinery and marketing margins fell and the firm booked under-recovery on the sale of domestic cooking gas LPG at government-controlled rates. **** DEL83 BIZ-BSE-MCAP **** Mcap of BSE-listed firms hit new all-time high of Rs 460 lakh crore New Delhi: The market capitalisation of BSE-listed firms hit a new all-time high of Rs 460 lakh crore on Tuesday, helped by a record-breaking rally in equities. **** DEL76 BIZ-GOLD-PRICE **** Gold jumps Rs 550 to Rs 71,600 per 10 g New Delhi: Gold prices jumped by Rs 550 to Rs 71,600 per 10 grams in the national capital on Tuesday following strong demand from jewellers and firm global trends. **** PTI SGC SHW
