Following are the business news highlights till 2000 hrs today:
DEL25 PAR-LD GRATUITY BILL
New Delhi: Parliament today passed Payment of Gratuity (Amendment) Bill 2017 paving the way for doubling the limit of tax free gratuity to Rs 20 lakh and empowering the government to fix the ceiling of the retirement benefit through an executive order.
DEL23 BIZ-LD STOCKS
Mumbai: The benchmark BSE Sensex fell by 130 points today due to profit booking in realty, capital goods, teck, auto and banking stocks due to renewed global trade war fears and losses in European markets.
DEL21 BIZ-FACEBOOK-LOG IN
New Delhi: Amid global uproar over data breach from its platform, social networking giant Facebook is tweaking its usage policy for third party apps, including login process, to ensure that they have only limited access to user information.
DEL41 BIZ-RSQ-PNB-LOUS
New Delhi: Scam-hit Punjab National Bank had issued as many as 41,178 Letters of Undertaking (LoUs) since 2011, of which 1,590 were given to Nirav Modi, Mehul Choksi and their associates, the finance ministry has said.
DEL37 BIZ-RSQ-JAITLEY-NOTE BAN
New Delhi: Finance Minister Arun Jaitley has said that demonetisation of high value currency notes in November 2016 "succeeded" in unearthing black money and preventing corruption.
DEL31 BIZ-RUPEE-CLOSE
Mumbai: The rupee today rose by 10 paise to close at 65.11 against the US currency on foreign fund inflows amid the Federal Reserve sticking to its outlook of three rate hikes this year.
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