New Delhi, Jun 27 (PTI) Following are the top business stories at 2118 hours:
DEL92 BIZ-LD INDIA-BANGLADESH-IMPORT
* India bans imports of certain jute, other items from Bangladesh through land routes
New Delhi: India on Friday banned imports of certain jute products and woven fabrics from Bangladesh through all land routes amid strained relations between the two countries. *
DEL89 BIZ-DEBT-INDIA-RBI
* India's foreign debt jumps 10 pc to USD 736.3 bn; external debt-to-GDP also rises
Mumbai: India's external debt increased by 10 per cent to USD 736.3 billion at the end of March 2025 compared to USD 668.8 billion in the year-ago period, the Reserve Bank said on Friday. *
DCM74 BIZ-FM-BANKS
* FM nudges PSU banks to raise credit growth, maintain profitability
New Delhi: Finance Minister Nirmala Sitharaman on Friday asked public sector banks (PSBs) to take advantage of Reserve Bank's jumbo 50 basis points rate cut to increase lending toward productive sectors of the economy. *
DEL82 BIZ-FINMIN-OIL PRICES
* Oil prices have receded, but too soon to sound 'all clear': FinMin
New Delhi: The higher oil prices triggered by a brief Israel-Iran war have come down, but it is too soon to sound the "all clear" for the rest of the year, said a finance ministry report on Friday. *
DEL75 BIZ-RBI-LD CURRENT ACCOUNT
* India posts current account surplus of USD 13.5 bn in Q4FY25: RBI data
Mumbai: India posted a current account surplus of USD 13.5 billion or 1.3 per cent of GDP in March quarter 2024-25 as compared with USD 4.6 billion in the year-ago period mainly on account of surge in services exports and higher remittances, according to RBI data released on Friday. *
DEL29 BIZ-2NDLD JSW-AKZO NOBEL
* JSW Paints to acquire Akzo Nobel India in Rs 12,915-cr deal, to become 4th largest player
New Delhi: Sajjan Jindal's JSW Paints on Friday announced acquisition of Dutch paint maker Akzo Nobel's India unit in a Rs 12,915-crore deal to become the fourth-largest player in the paint industry in the country. *
DEL47 BIZ-LD STOCKS
* Markets extend winning run to 4th day on fresh foreign fund inflows; Sensex gains 300 pts
Mumbai: Equity benchmark indices Sensex and Nifty advanced for the fourth straight session on Friday, supported by buying in blue-chips ICICI Bank and Reliance Industries amid fresh foreign fund inflows. *
DEL53 BIZ-STOCKS-WEALTH
* Investors' wealth surges by Rs 12.26 lakh cr in 4 days of market rally
New Delhi: Equity investors became richer by Rs 12.26 lakh crore as stock markets surged for the fourth day in a row on Friday amid de-escalation in geopolitical tensions and softening crude oil prices in international markets. *
DEL34 BIZ-TOLL-NHAI APP
* Motorists will soon be able to know highway route attracting least toll amount
New Delhi: NHAI's Rajmargyatra app will have a new feature from next month to inform motorists about the route attracting least amount of toll between two destinations, a senior government official has said. *
DEL88 BIZ-LD RUPEE
* Rupee rises 22 paise to close at 85.50 against US dollar
Mumbai: The rupee rose 22 paise to close at 85.50 against the greenback on Friday on the back of sustained inflow of foreign funds and firm domestic equity markets. *
BOM12 BIZ-FOREX
* Forex reserves decline by USD 1 bn to USD 697.93 bn
Mumbai: India's forex reserves dropped by USD 1.01 billion to USD 697.93 billion for the week ended June 20, the Reserve Bank of India said on Friday. *
DEL59 BIZ-GOLD-PRICE
* Gold plunges Rs 930 to Rs 97,670/10 g amid easing off Israel-Iran tensions
New Delhi: Gold prices plunged Rs 930 to Rs 97,670 per 10 grams in the national capital on Friday as traders rushed to selling amid easing off Middle East tensions and favourable reports about a trade deal between the US and China. *
BUSINESS HIGHLIGHTS
PTI
Updated: June 27, 2025 21:22 IST
(This story has not been edited by THE WEEK and is auto-generated from PTI)
