New Delhi, May 23 (PTI) Following are the top business stories at 2135 hours:
DEL80 BIZ-RBI-2NDLD DIVIDEND
*RBI to give record dividend of Rs 2.69 lakh crore to govt
Mumbai: The Reserve Bank on Friday announced a record Rs 2.69 lakh crore dividend to the government for FY25, 27.4 per cent higher than 2023-24, helping the exchequer to tide over challenges posed by US tariffs and increased spending on defence due to the conflict with Pakistan. *
DEL83 AVI-AIRSPACE BAN-PAK
*India extends airspace ban for Pak airlines till Jun 23
New Delhi: India on Friday extended the closure of its airspace for flights operated by Pakistan airlines by another month till June 23, according to sources.
DEL70 AVI-DGCA-3RDLD INDIGO FLIGHT
IndiGo Srinagar flight crew's request to enter Pak airspace to avoid turbulence was rejected: DGCA
New Delhi: Aviation watchdog DGCA on Friday said the crew of the IndiGo flight from the national capital to Srinagar on Wednesday had sought permission to enter Pakistan airspace to avoid turbulence but the request was rejected.
DEL73 BIZ-LD ALL INDOPAK
India to make strong case with FATF to put Pakistan back in "grey list", block World Bank funds
New Delhi: India will highlight Pakistan's persistent support for terrorism and its funnelling of multilateral funds for arms procurement to build a strong case for reinstating Islamabad on the global money laundering and terror financing watchdog's 'grey list', and block funding from the World Bank. *
DEL26 BIZ-RELIANCE-NORTHEAST
*Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani
New Delhi: Oil-to-telecom conglomerate Reliance Industries Ltd will invest Rs 75,000 crore in North Eastern states in setting up 350 biogas plants, expanding its telecom services, retail footprint, and clean energy projects, chairman Mukesh Ambani said on Friday. *
DEL27 BIZ-ADANI-NORTHEAST
*Adani Group to double investment in North East to invest Rs 1 lakh cr: Gautam Adani
New Delhi: Billionaire Gautam Adani on Friday committed to investing an additional Rs 50,000 crore over the next 10 years in green energy, road construction and creating digital infrastructure in the North Eastern states as his conglomerate looks to expand its presence in the east. *
DEL39 BIZ-VEDANTA-NORTHEAST
*Vedanta commits Rs 30k cr investment in Northeast in oil & gas, critical minerals and other sectors
New Delhi: Vedanta Group on Friday said it will invest Rs 30,000 crore in the Northeast in fields of oil and gas, critical minerals, refining facilities, power, optical fibre, system integration, renewable energy, transmission sectors and data centres. *
DEL42 BIZ-LD GOYAL-US-TRADE
*Goyal meets US commerce secretary for 2nd time in a week to discuss proposed trade pact
New Delhi: Commerce and Industry Minister Piyush Goyal on Friday met US Commerce Secretary Howard Lutnick in Washington, their second meeting within a week, to discuss the proposed bilateral trade agreement currently under negotiation between the two countries. *
DEL54 BIZ-LD STOCKS
* Markets rebound nearly 1 pc; Sensex surges over 760 pts as FMCG, IT shares gain
Mumbai: Equity benchmark indices Sensex and Nifty rebounded sharply by nearly 1 per cent on Friday, propelled by buying in market heavyweights Reliance Industries, HDFC Bank and ITC. *
DEL52 BIZ-GOLD-PRICE
* Gold rises Rs 100 to Rs 98,750/10 g amid firm global trends
New Delhi: Gold prices rose Rs 100 to Rs 98,750 per 10 grams in the national capital on Friday amid firm global cues, according to the All India Sarafa Association. *
DEL91 BIZ-LD RUPEE
* Rupee snaps 3-day losing streak, gains 50 paise to settle at 85.45/USD
Mumbai: The rupee snapped its three-day losing streak and settled for the day higher by 50 paise at 85.45 against the US dollar on Friday, on a sharp fall in the dollar index and surge in domestic equities, amid rise in risk appetite for riskier assets. *
BUSINESS HIGHLIGHTS
PTI
Updated: May 23, 2025 21:39 IST
(This story has not been edited by THE WEEK and is auto-generated from PTI)
