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Business highlights

New Delhi, Jan 24 (PTI) Following are the top business stories at 1817 hours: FGN36 WEF-CLOSING WEF 2020 meeting ends with hopes for better and cleaner economy Davos: Global leaders expressed hope for better economic growth with lesser trade tensions and a safer planet with commitments to work in areas like climate change, as the 50th annual meeting of the World Economic Forum ended here on Friday.

FGN31 WEF-IMF-LD INDIA Growth slowdown in India temporary, expect momentum to improve going ahead: IMF chief Davos: IMF chief Kristalina Georgieva on Friday said growth slowdown in India appears to be temporary and she expects the momentum to improve going ahead. DEL33 BIZ-RUPEE-CLOSE Rupee falls by 7 paise to end at 71.33 against US dollar Mumbai: The rupee depreciated by 7 paise to close at 71.33 against the US dollar on Friday due to dollar demand from importers amid a correction in crude oil prices following outbreak of coronavirus in China.

DCM8 BIZ-INFOSYS Not received any Sebi request for further audit in whistleblower case: Infosys New Delhi: Infosys on Friday said it has not received any request from Sebi for conducting further investigation in the whistleblower case where top executives were accused of rigging the company's balance sheet. DEL28 BIZ-LD STOCKS Sensex, Nifty advance for 2nd day on pre-budget rally in banking stocks Mumbai: Market benchmark index BSE Sensex rose by 227 points on Friday, extending gains for a second day after a rally in banking and cement stocks on hopes of a good budget and financial results.

DCM35 BIZ-FOREX RESERVES Forex reserves touch life-time high of USD 462.16 bn Mumbai: The country's foreign exchange reserves rose USD 943 million to touch a life-time high of USD 462.16 billion in the week ended January 17, according to the latest data from the RBI.

DCM11 BIZ-SBI-STRIKE Operations may be impacted due to bank unions' two-day strike: SBI New Delhi: The country's largest lender SBI on Friday said its operations may be impacted to some extent due to the proposed two-day nationwide strike beginning January 31. PTI SHW MR MR