New Delhi, Nov 16 (PTI) Following are the top business stories at 1946 hours: DEL39 BIZ-PM-LD CAG Will find solutions only when we recognise problems: PM on audit New Delhi: Exhorting auditors to adopt strong and scientific auditing practices, Prime Minister Narendra Modi said that audit is an important tool for value addition which helps in recognising problems and finding solutions.
DEL76 BIZ-RBI DAS-CRYPTO CURRENCIES Far deeper issues with cryptocurrencies, says RBI Governor Mumbai: For the second time in a week, RBI Governor Shaktikanta Das on Tuesday expressed his concerns over cryptocurrencies, saying there are “far deeper issues” involved in virtual currencies that could pose a threat to the country’s economic and financial stability.
DEL63 BIZ-LD-STOCKS Sensex, Nifty tumble on losses in RIL, ICICI Mumbai: Benchmark stock indices Sensex and Nifty tumbled on Tuesday due to heavy selling in Reliance Industries, ICICI Bank and SBI amid a mixed trend in global markets.
DEL67 BIZ-LD-RUPEE Rupee pares losses to close up by 9 paise at 74.37 Mumbai: The rupee pared initial losses to settle 9 paise higher at 74.37 against the US currency on Tuesday despite a lacklustre trend in the domestic equity market.
DEL78 BIZ-LD RBI-DAS Das wants banks to be investment-ready as recovery gathers momentum Mumbai: Reserve Bank Governor Shaktikanta Das on Tuesday asked banks to be investment-ready when the private Capex cycle picks up, as the pandemic-battered economy is on a strong recovery path that will demand huge investments to sustain in the long run.
DEL79 BIZ-GOLD-PRICE Gold prices rise by Rs 94 on global trends New Delhi: Gold prices rose by Rs 94 to Rs 48,388 per 10 gram in spot markets here on Tuesday on the back of positive global cues, according to HDFC Securities.
DCM51 BIZ-BYJUS-EMPLOYEES Byju’s introduces period leaves for staff, trainees New Delhi: Edtech major Byju’s on Tuesday said it has updated its employee leave policy wherein staff and trainees will be able to work in a flexible manner, including availing period and child care leaves.
DCM11 BIZ-EDIBLE OIL Edible oils import up 63 pc to Rs 1.17 lakh crore in 2020-21 New Delhi: India’s import of edible oil remained almost flat at 131.3 lakh tonnes during the 2020-21 marketing year ending October, but in value terms inwards shipments rose 63 per cent to Rs 1.17 lakh crore, according to industry data.
DCM35 BIZ-IOB-PROFIT IOB lowers yearly profit to Rs 646 cr on asset classification divergence New Delhi: State-owned Indian Overseas Bank (IOB) on Tuesday revised downwards its net profit to Rs 646 crore for 2020-21 after reporting a divergence in asset classification and provisioning for bad loans.
DCM37 BIZ-RBI-CIRCULARS Reserve Bank withdraws over 100 redundant circulars Mumbai: The Reserve Bank on Tuesday withdrew more than 100 redundant circulars following recommendations made by the Regulations Review Authority. PTI SHW SHW
