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Business highlights

Dec 26, 2019, 18:14 IST
PTI
New Delhi, Dec 26 () Following are the top business stories at 1812 hours: DCM22 BIZ-DOT-LD NEW5GSPECTRUM DoT to seek Trai's views on new 5G spectrum; wants sale of additional bands in 2020 New Delhi: The Department of Telecom will soon seek sector regulator Trai's recommendations on pricing and other modalities for coveted 5G bands of 24.75-27.25 GHz, and wants to put this new spectrum up for auction sometime next year, sources said.

DEL39 BIZ-LD STOCKS Sensex extends losing streak, tanks 297 pts on F&O expiry Mumbai: Benchmark indices nursed losses for the third straight session on Thursday, led by selling in market heavyweights Reliance Industries and HDFC Bank amid expiry of December derivatives contracts.

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DEL43 BIZ-RUPEE-CLOSE Rupee loses 4 paise to end at 71.31 vs US dollar Mumbai: The rupee pared its early gains and settled lower by 4 paise at 71.31 against the US currency on Thursday amid heavy selling in domestic equities and steady rise in crude oil prices. DEL37 BIZ-PMVVY Aadhaar made mandatory for PMVVY pension scheme New Delhi: The government has made Aadhaar mandatory for subscribers of the Pradhan Mantri Vaya Vandana Yojana (PMVVY), a pension scheme for senior citizens. DCM8 BIZ-YEAR-RENEWABLES India set to cross 100GW renewable energy capacity mark in 2020 New Delhi: India is all set to cross the 100GW renewable energy capacity mark in 2020 and can make rapid strides towards the ambitious 175GW clean energy target by 2022 provided the government keeps a close eye on key issues and deals with those well in time. DCM10 BIZ-YEAR-COAL Govt plans big push to pvt coal mining, underground coal gasification, CBM New Delhi: The government is planning to give a big push to private sector mining of coal, underground coal gasification and coal bed methane as it spent most of 2019 laying ground for diversification of the coal sector.

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