New Delhi, Nov 25 (PTI) Following are the top business stories at 2128 hours:
DEL77 BIZ-PM-LD COOPERATIVES
* Modi calls for global financial model to support cooperative sector
New Delhi: Prime Minister Narendra Modi on Monday called for the creation of a new collaborative financial model to support cooperatives globally, emphasizing their potential to drive economic growth, particularly in developing nations. *
DEL23 BIZ-S&P-INDIA
* S&P cuts India's GDP growth forecast for FY26, FY27
New Delhi: S&P Global Ratings on Monday revised down its estimate for India's economic growth in the next two financial years as high interest rate and lower fiscal impulse temper urban demand. *
DEL85 CAB-NATURAL FARMING
* Cabinet approves Rs 2,481 crore National Mission on Natural Farming
New Delhi: The government on Monday announced a national mission to promote natural farming among one crore farmers across the country with a budget outlay of Rs 2,481 crore. *
DEL87 CAB-HYDRO-PROJECTS
* Centre approves 2 hydro projects worth Rs 3,689 cr in Arunachal Pradesh
New Delhi: The Cabinet Committee on Economic Affairs (CCEA) on Monday approved two hydropower projects entailing an investment of Rs 3,689 crore in Arunachal Pradesh. *
DEL88 CAB-AIM
* Cabinet approves continuation of Atal Innovation Mission till March 2028
New Delhi: The Cabinet on Monday approved the continuation of Niti Aayog's flagship initiative Atal Innovation Mission (AIM), with an enhanced scope of work and allocated budget of Rs 2,750 crore, till March 31, 2028. *
DEL91 CAB-PAN
* Govt announces Rs 1,435 cr PAN 2.0 Project
New Delhi: The government on Monday announced the Rs 1,435 crore PAN 2.0 Project to make the permanent account number a 'common business identifier' for all digital systems of government agencies. *
DCM85 BIZ-LD ADANI-TOTAL-INVESTMENT
* France's Total halts new investment in Adani; GQG backs Adani
New Delhi: French energy giant TotalEnergies SE on Monday said it was not aware of the corruption investigation its partner Adani group's founder chairman was facing in the US and that it is pausing fresh investments in the conglomerate pending the outcome of the charges. *
DEL56 BIZ-LD STOCKS
* Sensex reclaims 80k mark; Nifty surges over 1 pc after BJP-led Mahayuti's win in Maharashtra
Mumbai: Benchmark equity indices Sensex and Nifty surged more than 1 per cent on Monday, helped by a rally in blue-chip stocks and the BJP pulling off a stunning performance in Maharashtra, winning a record number of seats to propel the party-led ruling Mahayuti alliance to a landslide victory. *
DEL86 BIZ-LD RUPEE
* Rupee rises 12 paise to close at 84.29 against US dollar
Mumbai: The rupee appreciated 12 paise to close at 84.29 against US dollar on Monday, supported by a firm trend in domestic equities amid improved investor risk appetite. *
DEL18 BIZ-CNG-PRICE-HIKE
* CNG price hiked by Rs 2 in Mumbai, other cities; election bound-Delhi spared
New Delhi: CNG price in Mumbai as well as several other cities in the country has been hiked by Rs 2 per kg but users in poll-bound Delhi have been spared for the time being, according to city gas firms. *
DEL12 BIZ-LD ADANI-INVESTORS
* Adani touts financial muscle, says can grow without external debt
New Delhi: Billionaire Gautam Adani's conglomerate on Monday showcased its cash reserves and profits that are enough to service debt obligations as well as meet growth plans as it reassured investors about business as usual despite a US bribery indictment against the founder. *
DCM59 BIZ-STOCKS-LD ADANI
* Five Adani group firms settle lower; Adani Green tanks 8 pc
New Delhi: Shares of five Adani group firms ended lower on Monday, with Adani Green Energy tumbling 8 per cent after French energy giant TotalEnergies SE said it will make no new financial contribution as part of its investments in Adani group companies till the Indian firm's founder is cleared of bribery charges. *
DEL61 BIZ-STOCKS-WEALTH
* D-Street investors richer by Rs 14.20 lakh cr in two days of mkt rally
New Delhi: Investors' wealth soared Rs 14.20 lakh crore in two days of spectacular rally in the equity market where the BSE benchmark Sensex jumped nearly 4 per cent during this time. *
DEL84 BIZ-LD GOLD-PRICE
* Gold tumbles Rs 1,000 to Rs 79,400 per 10 gm; silver plunges Rs 1,600
New Delhi: Gold prices tumbled Rs 1,000 to slip below the Rs 80,000 level in the national capital on Monday amid weak global trends, according to local marketmen. *