Following are the business news highlights as on 1945 hours

Following are the business news highlights as on 1945 hours

ZCZC
PRI COM ECO ESPL
.NEWDEL DCM90
BUSINESS-HIGHLIGHTS
Following are the business news highlights as on 1945 hours
today:
Bhubaneswar: Rejecting apprehensions that the Indian economy would suffer due to demonetisation, Finance Minister Arun Jaitley today termed as “game changers” the pulling out of high-value old notes as well as Goods and Services Tax, which is proposed to be rolled out from April 1. (CAL 4) Mumbai: After four days of gains, markets succumbed to profit-booking today, with benchmark Sensex slipping 93 points to finish at 26,559, pressured by sustained foreign capital outflows amid mixed macro indicators. (DEL 51) Mumbai: Extending gains for the third straight day, the rupee today ended at one-week high of 68.34 against the resurgent dollar following robust macro-economic data even as crude prices jumped after the historic OPEC deal.(DEL 67) New Delhi: Seeking to quell apprehensions based on rumours, the government today said there is no limit on legitimate holding of gold and jewellery, including from inheritance, and there would be no seizure of bullion up to a certain limit even if that does not seem to match income. (DEL 83)
Mumbai: Nearly 90 per cent of the 2 lakh ATMs deployed across the country have been re-calibrated to dispense the new 500 and 2,000 rupee notes, says a key maker of the machines even as millions of people continue to face acute cash shortages in the aftermath of demonetisation last month.(BOM 11)
New Delhi: Public Accounts Committee (PAC) today decided to call RBI Governor and top Finance Ministry officials next month to review the economic situation following the demonetisation of high value notes.(DEL 27) New Delhi: Maruti Suzuki India, Toyota and Renault posted double digit sales growth in November even as companies like Mahindra, Ford and Honda saw sales drop as walk-ins at dealerships declined on account of demonetisation of high value currency.(DCM 80)
New Delhi: Branded gold coins may become cheaper after the government scrapped 1 per cent excise duty on them. (DEL87) PTI ADI
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