BUSINESS HIGHLIGHTS

New Delhi, Nov 18 (PTI) Following are the top business stories at 2030 hours:

     DEL65 BIZ-LD FM-SBI
     * Stressful interest rates may impact growth aspirations, banks need to make loans affordable: FM
     Mumbai: Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. *

     DCM50 BIZ-TAX-LD COLLECTION
     * Govt to exceed FY25 direct tax collection target: CBDT chief
     New Delhi: The government will exceed the Rs 22.07 lakh crore direct tax collection target set for the current fiscal, Central Board of Direct Taxes (CBDT) chairman Ravi Agarwal said on Monday. *

     DEL52 BIZ-LD-STOCKS
     * Sensex drops 241 pts, Nifty falls for 7th day on selling in IT, oil shares
     Mumbai: Benchmark Sensex declined by 241 points while broader Nifty fell for the seventh session in a row on Monday following a sell-off in IT and oil shares amid unabated foreign fund outflows and weak leads from the US markets. *

     DEL81 BIZ-LD RUPEE
     * Rupee recovers from all-time low to settle 4 paise higher at 84.42 against US dollar
     Mumbai: The rupee recovered from its all-time low level and settled with a gain of 4 paise at 84.42 against the US dollar on Monday, aided by a reduction in foreign funds' selling activity and a retreating American currency. *

     DCM83 BIZ-NCLT-SPICEJET
     * Two more insolvency pleas against SpiceJet, NCLT issues notice over Sabarmati Aviation plea
     New Delhi: Two more insolvency petitions were filed by Sabarmati Aviation and JetAir 17 against budget carrier Spicejet at the National Company Law Tribunal (NCLT) on Monday. *

     DEL51 BIZ-RBI-LD BANK BOARDS
     * Proactively monitor portfolios, address potential risks: RBI Guv to bank boards
     Mumbai: RBI Governor Shaktikanta Das on Monday asked bank boards to strengthen internal governance framework to curb unethical practices, such as mis-selling of products or opening of accounts without proper KYC verification. *

     DEL59 BIZ-GOLD-PRICE
     * Gold, silver rebound on ongoing wedding season buying, global cues
     New Delhi: Gold and silver prices rebounded on Monday in the national capital mainly on the back of ongoing wedding season buying by jewellers and retailers as well as strong global trend, according to the All India Sarafa Association. *

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