BUSINESS HIGHLIGHTS

pti-preview-theweek

New Delhi, Dec 24 (PTI) Following are the top business stories at 2230 hours:
    
     DEL68 BIZ-GST-POPCORN
     * Popcorn sold in movie theatres to attract 5 pc GST
     New Delhi: Popcorn, in loose form, sold in movie theatres will continue to attract GST at a 5 per cent rate, same as in restaurants, government sources said. *


     DEL71 BIZ-NFRA-LD ZEE AUDITORS
     * NFRA penalises Deloitte Haskins & Sells LLP, 2 auditors for lapses in ZEEL
     New Delhi: The National Financial Reporting Authority (NFRA) has imposed a fine of Rs 2 crore on Deloitte Haskins & Sells LLP as well as penalties on two chartered accountants for lapses in the auditing of Zee Entertainment Enterprises Ltd during the 2018-19 and 2019-20 financial years. *

    
     DEL56 BIZ-RBI-LD ECONOMY
     * Economy recovering from slowdown witnessed in Q2, says RBI bulletin
     Mumbai: The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday. *

    
     DEL37 BIZ-LD STOCKS
     * Sensex, Nifty settle almost flat in highly volatile trade; metal, power stocks drag
     Mumbai: Benchmark equity indices Sensex and Nifty ended on a flat note in a volatile trade on Tuesday, as investors preferred to stay on the sidelines awaiting further triggers amid persistent foreign fund outflows. *


     DEL58 BIZ-LD RUPEE
     * Rupee falls 4 paise to close at fresh record low of 85.15 against US dollar
     Mumbai: The rupee extended the slide for the second straight session and depreciated 4 paise to settle at a fresh all-time low of 85.15 against the US dollar on Tuesday, dragged by a strong greenback against major crosses overseas and subdued domestic equities. *

    
    
     DEL9 BIZ-YEAR-AUTO
     * Automotive to sustainable mobility, EVs and beyond: Auto industry's journey for 2025
     New Delhi: Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. *

    
     DEL46 BIZ-GOLD-PRICE
     * Gold falls Rs 100 to Rs 78,600 per 10 gm; silver jumps Rs 500
     New Delhi: Gold price slipped Rs 100 to Rs 78,600 per 10 grams in the national capital on Tuesday, according to the All India Sarafa Association. *

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