New Delhi, May 30 (PTI) Following are the top business stories at 2035 hours:
DEL113 BIZ-2NDLD GDP
* Uptick in Q4 helps clock 6.5 pc GDP growth in FY25; India world's 5th largest economy
New Delhi: Indian economy expanded at a faster pace than expected in the last quarter of the 2024-25 fiscal, helping clock a 6.5 per cent growth rate in the year that elevated its size to USD 3.9 trillion and held promise of crossing world's fourth-largest economy Japan in FY26. *
DEL116 BIZ-2NDLD FISCAL DEFICIT
* Centre manages to meet 4.8 pc fiscal deficit for FY25
New Delhi: The central government managed to meet the fiscal deficit target of 4.8 per cent of the GDP for 2024-25, according to the provisional data released by the Controller General of Accounts on Friday. *
DEL109 AVI-DGCA-INDIGO
* DGCA extends IndiGo's damp leasing of two Turkish Airlines' wide-body planes by 3 months till Aug 31
New Delhi: Aviation regulator DGCA on Friday granted a three-month extension to IndiGo on damp leasing two Boeing 777 planes from Turkish Airlines to avoid sudden flight disruptions that will cause inconvenience to passengers, according to sources. *
DEL118 BIZ-FM-LD ECONOMY
* India sustaining growth momentum, fastest growing eco for 4 years: Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Friday said India is sustaining its GDP growth momentum as the fastest-growing economy for the fourth year in a row, aided by manufacturing, services and farm sectors. *
DEL76 BIZ-LD-STOCKS
* Sensex declines 182 pts on losses in IT, metal shares, sluggish Asian peers
Mumbai: Stock markets closed lower in a range-bound trade on Friday following losses in IT shares and sluggish trends in Asian markets due to trade uncertainty after a US appeals court temporarily reinstated reciprocal tariffs. *
DEL114 BIZ-LD RUPEE
* Rupee falls 7 paise against US dollar
Mumbai: The rupee pared its initial gains to settle 7 paise lower at 85.55 against the US dollar on Friday, as volatility in domestic equities and recovering global crude prices pressured the local currency. *
DEL85 BIZ-FOREX
* Forex reserves jump USD 6.992 bln to USD 692.721 bln
Mumbai: India's forex reserves jumped by USD 6.992 billion to USD 692.721 billion during the week ended May 23, the RBI said on Friday. *
DEL78 BIZ-GOLD-PRICE
* Gold rises Rs 100 to Rs 98,600/10 g; silver stays flat
New Delhi: Gold prices rose Rs 100 to Rs 98,600 per 10 grams in the national capital on Friday due to a pick-up demand by the jewellers and retailers, according to the All India Sarafa Association. *