BUSINESS HIGHLIGHTS

New Delhi, May 29 (PTI) Following are the top business stories at 2050 hours:
    
     DEL42 BIZ-RBI-LD ANNUAL REPORT
     * India to remain fastest-growing economy, RBI's balance sheet increases to Rs 76.25 lakh crore
     Mumbai: The balance sheet of the RBI increased to Rs 76.25 lakh crore, aided by nearly 33 per cent gains in foreign exchange transactions, as of March 2025, leading to a bumper Rs 2.7 lakh crore dividend to the central government, said the central bank's annual report released on Thursday. *
    
     DEL103 BIZ-LD TRADE-INDIA US-GOYAL
     * Well on track in our bilateral trade agreement talks with US: Goyal
     New Delhi: Commerce and Industry Minister Piyush Goyal on Thursday said negotiations with the US for a bilateral trade agreement are well on track. *
    
     DCM100 BIZ-LD-DOT-TRAI-SPECTRUM-AUCTION
     * After backhaul, DoT seeks TRAI's views on pricing for 800/900/1800 MHz, other spectrum bands
     New Delhi: The government has approached telecom regulator TRAI for recommendations on reserve price and other modalities for the auction of at least nine mainstream spectrum bands, including 800 MHz, 900 MHz and 1800 MHz, that are primarily used for transmitting mobile phone voice and data signals. *

     DEL77 BIZ-WHEAT-STOCK-LIMIT
     * Govt extends stock limits on wheat till March 2026 to check hoarding, ensure food security
     New Delhi: The government has extended stock limits on wheat for traders, wholesalers, retailers and big chain retailers across the country till March next year to manage food security and prevent hoarding and unscrupulous speculation. *
    
     DEL98 BIZ-LD RUPEE
     * Rupee declines 10 paise against US dollar
     Mumbai: The rupee declined 10 paise to close at 85.48 against the US dollar on Thursday due to a strong American currency against major crosses overseas and rising global crude oil prices. *
    
     DEL63 BIZ-LD-STOCKS
     * Stock markets rebound after 2-day fall as US court blocks reciprocal tariffs; Sensex up 320 pts
     Mumbai: Benchmark stock indices Sensex and Nifty rebounded on Thursday after two days of decline, mirroring a rally in global markets as a US court blocked President Donald Trump's reciprocal tariffs. *
    
     DEL99 BIZ-ICAI-INDUSIND BANK
     * ICAI to review financial statements of IndusInd Bank
     New Delhi: The Institute of Chartered Accountants of India (ICAI) will review fraud-hit IndusInd Bank's financial statements for 2023-24 and 2024-25. *
    
     DEL56 BIZ-ECONOMY-BERY
     * Indian economy size USD 15 tn in PPP term, more than half of US economy: NITI VC Bery
     New Delhi: NITI Aayog Vice-Chairman Suman Bery on Thursday said that the size of the Indian economy in the purchasing power parity (PPP) term is already USD 15 trillion, which is more than half the size of the US economy. *
    
     DCM32 BIZ-NCLAT-VEDANTA
     * NCLAT stays order against Vedanta's power business demerger
     New Delhi: Appellate tribunal NCLAT has granted an interim stay on an order of the National Company Law Tribunal (NCLT) rejecting demerger of Vedanta's power business and its merger with resultant entity Talwandi Sabo Power Ltd (TSPL). *
    
     DEL62 BIZ-GOLD-PRICE
     * Gold declines Rs 500 to Rs 98,500/10 g; silver trades flat
     New Delhi: Gold prices declined by Rs 500 to Rs 98,500 per 10 grams in the national capital on Thursday amid weak global cues, according to the All India Sarafa Association. *

(This story has not been edited by THE WEEK and is auto-generated from PTI)