New Delhi, Feb 28 () Following are the top business stories at 1837 hours:
DEL68 BIZ-GROWTHIndia's GDP growth slips to 4.7 pc in December quarterNew Delhi: India's economic growth slowed to 4.7 per cent in October-December 2019, according to official data released on Friday.
DEL70 BIZ-FISCAL DEFICITFiscal deficit touches 128.5 pc of budget estimate at Jan-end: Govt dataNew Delhi: India's fiscal deficit touched 128.5 per cent of the whole year budget target at January-end, said the Controller General of Accounts (CGA) on Friday.
DEL60 BIZ-LD STOCKSCorona carnage: Sensex crashes 1,448 pts; Rs 5.45 lakh cr investor wealth wiped offMumbai: The Sensex logged its second-biggest one-day fall in history on Friday as concerns over the rapidly-spreading coronavirus triggered a manic global sell-off.
DEL57 BIZ-INFRA-GROWTHCore sector grows by 2.2 pc in Jan as power generation picks upNew Delhi: Eight core industries recorded a 2.2 per cent growth in January helped by expansion in the production of coal, refinery products and electricity, official data released on Friday showed.DCM21 BIZ- LD INVESTOR WEALTHInvestors become poorer by Rs 5 lakh cr as equity markets fallNew Delhi: Investor wealth tumbled by more than Rs 5 lakh crore on Friday as equity markets crashed tracking global equity selloff amid rising uncertainty over the economic impact of coronavirus outbreak.DCM14 BIZ-TELECOM-AGRAGR woes: No decision on relief to telcos at DCC meetNew Delhi: The crucial meeting of Digital Communications Commission (DCC) on Friday could not arrive at a decision on relief to the distressed telecom sector and more details are required for reconciliation of AGR data, sources said.
DEL66 BIZ-RUPEE-CLOSERupee dives 60 paise to 72.21 against US dollarMumbai: The Indian rupee plunged by 60 paise to settle at 72.21 (provisional) against the US dollar on Friday, tracking heavy sell-offs in domestic equities and sustained foreign fund outflows.
DCM12 BIZ-IOCReady for BS-VI supply, prices to go up marginally from Apr 1: IOCMumbai: National oil marketer Indian Oil Corporation (IOC) on Friday said it is ready to supply low emission BS-VI fuels from April 1 and that there will be a marginal increase in retail prices.DCM7 BIZ-STOCKS-STATSMarket selloff: 1,767 stocks turn red, 274 defy trend on BSENew Delhi: More than 1,700 BSE-listed stocks, mostly from the mid-cap and small-cap space, witnessed heavy selloff on Friday, as equity markets crashed amid rising fears of the coronavirus outbreak turning into a pandemic.
BOM12 BIZ-FOREX-RESERVESForex reserves up by USD 29 mn to record USD 476.12 bnMumbai: India's foreign exchange reserves inched up by USD 29 million to a fresh lifetime high of USD 476.122 billion in the week to February 21, aided by an increase in the value of gold holdings, Reserve Bank data showed on Friday.
DCM19 BIZ-PMFBYGovt not to change farmers' share of premium under PMFBYNew Delhi: The government is not going to change farmers' share of premium on crops insured under the Pradhan Mantri Fasal Bhima Yojana (PMFBY), a senior agriculture ministry official said on Friday.
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