New Delhi, Jul 16 (PTI) Following are the top business stories at 2135 hours:
DEL66 CAB-2NDLD AGRI
* Govt clears farm scheme with Rs 24k cr annual outlay for 6 yrs, to be implemented from Oct
New Delhi: The Union Cabinet on Wednesday approved 'Prime Minister Dhan-Dhaanya Krishi Yojana' with an annual outlay of Rs 24,000 crore for six years to boost crop yields in 100 districts, benefiting about 1.7 crore farmers. *
DEL54 CAB-LDALL RENEWABLES
* Green energy: Govt ups NTPC investment limit to Rs 20,000 cr, allows NLCIL to pump Rs 7,000 cr
New Delhi: In a major push towards green energy, the government on Wednesday enhanced the investment limit of state-owned NTPC to Rs 20,000 crore and also allowed public sector NLCIL to pump in Rs 7,000 crore in renewable energy projects. *
DEL57 CAB-LD-AGRI
* Cabinet clears PM Dhan-Dhaanya Krishi Yojana with Rs 24,000 cr annual outlay for 6 yrs
New Delhi: The Union Cabinet on Wednesday approved 'Prime Minister Dhan-Dhaanya Krishi Yojana' with an annual outlay of Rs 24,000 crore for six years to cover 100 districts, benefiting about 1.7 crore farmers. *
DEL87 AVI-AI PLANE CRASH-EXPERT
* Electrical malfunction could have led to fuel switch cut off before AI plane crash: Expert
New Delhi: An electrical malfunction could have led to the fuel switches moving to the cut off position without the pilots knowing about it before Air India's Boeing 787-8 plane crashed last month, aviation expert Captain (Retd) Ehsan Khalid said on Wednesday. *
DEL49 BIZ-LD-STOCKS
* Stock markets edge up amid weak global market trends, tariff-related uncertainty
Mumbai: Benchmark stock indices Sensex and Nifty closed marginally higher in a rangebound trade on Wednesday as investors stayed on the sidelines amid weak global market trends and tariff-related uncertainty. *
DEL79 BIZ-LD RUPEE
* Rupee falls 16 paise against US dollar
Mumbai: The rupee declined 16 paise against the US dollar to close at 85.92 on Wednesday, as a strengthening American currency amid uncertainties over the India-US trade pact hit investor sentiment. *
DCM49 BIZ-LD RESULTS-ITC HOTELS
* ITC Hotels Q1 net profit rises 53 pc to Rs 133.71 cr; eyes over 20,000 rooms by 2030
New Delhi: ITC Hotels Ltd on Wednesday reported a 53 per cent jump in consolidated net profit to Rs 133.71 crore in the June quarter, on the back of higher revenue. *
DCM78 BIZ-LD RESULTS-TECH MAHINDRA
* Tech Mahindra Q1 profit rises 34 pc to Rs 1,140 cr; revenue up 2.7 pc
New Delhi: IT services firm Tech Mahindra reported a nearly 34 per cent year-on-year increase in consolidated net profit to Rs 1,140.6 crore for the quarter ending June 30, 2025, on the back of growth in communications and financial services verticals. *
DEL47 BIZ-GOLD-PRICE
* Gold declines Rs 500 to Rs 98,870/10 g; silver falls Rs 1,000 to Rs 1.11 lakh/kg
New Delhi: Falling for the second straight session, gold prices depreciated Rs 500 to Rs 98,870 per 10 grams in the national capital on Wednesday due to continuous selling by stockists, according to the All India Sarafa Association. *