NEWS ON AIR http://newsonair.nic.in/Default.aspx Website cell, IT Unit, NSD, All India Radio, New Broadcasting House, New Delhi, India ? 2006 All rights reserved. All India Radio AIR International News Asian stock markets end up except Singapore's Straits Times which tumbles 0.4 percent http://newsonair.nic.in/Main-News-Details.aspx?id=419685 BNE Asian stock markets today ended up except Singapore's Straits Times, which tumbled 0.4 percent. US Stock: Tech-heavy companies’ performace in Nasdaq led Wall Street rally on last trading day http://newsonair.nic.in/Main-News-Details.aspx?id=419684 BNE The tech-heavy companies’ performance in Nasdaq led to a Wall Street rally on the last trading day, after strong financial cues from tech giants. Gold prices fall Rs 130 to trade at Rs 59,775, Silver also drops to Rs 73,740/kg http://newsonair.nic.in/Main-News-Details.aspx?id=419683 BNE Gold prices today fell 130 rupees at Multi Commodity Exchange for June contracts. The precious metal was trading at around 59,775 rupees per 10 grams. Oil prices rise half a percent, Brent crude trades at 79 dollars per barrel http://newsonair.nic.in/Main-News-Details.aspx?id=419682 BNE Oil prices today rose half a percent. In intra-day trade, Brent crude was trading at around 79 dollars per barrel. Stock Market: Sensex to finish at 61,112, Nifty increases 150 points to end at 18,065 http://newsonair.nic.in/Main-News-Details.aspx?id=419680 BNE The key domestic indices today witnessed gains of more than half a percent. The BSE Sensex closed above 61,000 marks while the NSE Nifty settled above 18,000 level. Local languages and products will get a big boost in growing e-commerce marketplace in country: Piyush Goyal http://newsonair.nic.in/Main-News-Details.aspx?id=419676 BNE Commerce and Industry Minister Piyush Goyal has said that local languages and products will get a big boost in the growing e-commerce marketplace in the country. RBI releases Consultative Document on Regulation of Microfinance http://newsonair.nic.in/Main-News-Details.aspx?id=419649 BNE Reserve Bank of India has released a Consultative Document on Regulation of Microfinance. It has been released for harmonising the regulatory frameworks for various regulated lenders in the microfinance space. Sensex and Nifty log marginal gains to hit record highs; Rupee depreciates 20 paise against US currency http://newsonair.nic.in/Main-News-Details.aspx?id=419094 BNE The Sensex and the Nifty today logged marginal gains to hit record highs. The Sensex closed above the 52,500 mark while the Nifty settled above the 15,800 level. Retail inflation rises to 6.3 per cent in May this year, mainly on account of higher prices of food and energy items http://newsonair.nic.in/Main-News-Details.aspx?id=419599 BNE Retail inflation rose to 6.3 per cent in May this year, mainly on account of higher prices of food and energy items. Retail inflation for May hit a six-month high. As per the Ministry of Statistics and Programme Implementation data released today, the food inflation, increased to 5.01 per cent in Ma Asian stocks close mixed while investors wait for further catalyst and cues amid high valuations of share prices http://newsonair.nic.in/Main-News-Details.aspx?id=419615 BNE Asian stocks today closed mixed as investors are waiting for further catalyst and cues amid high valuations of share prices. Rupee weakens 20 paise to finish Rs 73.27 against US Dollar http://newsonair.nic.in/Main-News-Details.aspx?id=419613 BNE The Rupee today weakened 20 paise to finish at Rs 73.27 against US Dollar. The Dollar index, which indicates the US Dollar's strength against a basket of six other leading currencies, also fell 0.08 per cent to trade at 90.48 in intra-day trade. GST rates on Covid items slashed; Exemptions & GST reductions extended till September http://newsonair.nic.in/Main-News-Details.aspx?id=419418 BNE The GST Council has largely accepted the recommendations of the Group of Ministers constituted to look into extending the ambit of GST concessions on COVID treatment-related medical devices and drugs. KVIC issues legal notices to over 1000 private firms for misusing its brand name http://newsonair.nic.in/Main-News-Details.aspx?id=419423 BNE Khadi and Village Industries Commission, KVIC has issued legal notices to over one thousand private firms so far, for misusing its brand name and selling products under the name of Khadi. 3 major US stocks fall marginally ahead of key inflation data this week http://newsonair.nic.in/Main-News-Details.aspx?id=419342 BNE The three major US stocks fell marginally yesterday ahead of key inflation data this week. A recent rally on Wall Street driven by strong earnings in May and growing expectations of economic recovery, appeared to have paused this week as investors awaited more cues on U.S. monetary policy. Major Asia-Pacific equity indices close with gains http://newsonair.nic.in/Main-News-Details.aspx?id=419336 BNE The major Asia-Pacific equity indices today closed with gains. Investors positioned themselves ahead of the release of a U.S. consumer inflation report for May. Crude oil prices gain amid hope of rise in fuel demand summers http://newsonair.nic.in/Main-News-Details.aspx?id=419332 BNE Crude oil prices gained amid hope of rise in fuel demand summers. Oil prices are near a 52-week high. Brent rose to trade above USD 72 a barrel while WTI bounced back above the USD 70 per barrel mark. India’s agriculture exports registers increase of 17.34% in 2020-21 http://newsonair.nic.in/Main-News-Details.aspx?id=419312 BNE India has registered tremendous growth in agriculture exports during the last financial year. DRDO proposes to offer ToT of 2-DG to Indian Pharma industries for production http://newsonair.nic.in/Main-News-Details.aspx?id=419217 BNE The Defence Research and Development Organisation (DRDO) has proposed to offer Transfer of Technology (ToT) of 2-DG to Indian Pharmaceutical industries for production. Dow and S&P 500 end with losses staying within 1 percentage point of their record closing highs http://newsonair.nic.in/Main-News-Details.aspx?id=419176 BNE The Dow and the S&P 500 ended with losses yesterday, however, both stocks remained within one percentage point of their record closing highs. Asian stocks pare early gains to close with losses http://newsonair.nic.in/Main-News-Details.aspx?id=419175 BNE Asian stocks today pared early gains to close with losses. Traders remained cautious ahead of U.S. inflation data and a European monetary policy meeting this week. Rupee weakens 8 paise to finish at Rs 72.89 against US Dollar http://newsonair.nic.in/Main-News-Details.aspx?id=419158 BNE The Rupee today weakened eight paise to finish at Rs 72.89 against the US Dollar. The dollar index, which indicates the US Dollar's strength against a basket of six other leading currencies, appreciated 0.16 per cent to trade at 90.10 in intra-day trade. Sensex and Nifty rise to post fresh record highs, while Rupee appreciates slightly against US Dollar http://newsonair.nic.in/Main-News-Details.aspx?id=419064 BNE At the domestic stock markets, the Sensex and the Nifty rose to post fresh record highs, today; while the Rupee appreciated slightly against the US Dollar. Gold falls Rs 152, while silver drops Rs 540 in Delhi's bullion market http://newsonair.nic.in/Main-News-Details.aspx?id=419062 BNE Gold fell Rs 152, to Rs 48,107 per ten grams at Delhi's bullion market today on weak global cues. Asian markets end mostly higher on Chinese trade data amid caution before US inflation readings due later this week http://newsonair.nic.in/Main-News-Details.aspx?id=419061 BNE Asian markets ended mostly higher today, on Chinese trade data amid caution before US inflation readings due later this week. Foreign investors pump in nearly Rs. 8,000 crore into India equity markets http://newsonair.nic.in/Main-News-Details.aspx?id=418983 BNE After net withdrawals in the past two months, foreign investors pumped in nearly Rs. 8,000 crore into the India equity markets in just four session of June. Procurement of paddy, wheat sets new records; farmers paid MSP payments over Rs 2.33 lakh Cr http://newsonair.nic.in/Main-News-Details.aspx?id=418919 BNE Paddy and wheat procurement from the farmers at Minimum Support Price (MSP) has set new records. G7 nations reach landmark deal, to back global corporation tax of at least 15% http://newsonair.nic.in/Main-News-Details.aspx?id=418932 BNE The Group of Seven, a group of the world's richest nations reached a landmark deal today to close cross-border tax loopholes used by some of the world's biggest companies. GST collected in May 2021 is over Rs 1.02 lakh Cr; 65% higher than corresponding month last year http://newsonair.nic.in/Main-News-Details.aspx?id=418909 BNE The gross Goods and Services Tax, GST revenue collected in the month of May this year is over one lakh two thousand crore rupees. FM Nirmala Sitharaman reviews progress made under PM Garib Kalyan Package Insurance Scheme http://newsonair.nic.in/Main-News-Details.aspx?id=418907 BNE Finance Minister Nirmala Sitharaman today met the heads of insurance companies through video conferencing and reviewed the progress made under the Pradhan Mantri Garib Kalyan Package Insurance Scheme for Health Workers fighting COVID-19. RBI keeps key rates unchanged in its bi-monthly monetary policy http://newsonair.nic.in/Main-News-Details.aspx?id=418806 BNE The Reserve Bank Of India today kept interest rates unchanged in its monetary policy declared as expected. Sensex and Nifty end marginally down amid negative cues from global equity markets http://newsonair.nic.in/Main-News-Details.aspx?id=418436 BNE The Sensex and the Nifty today ended marginally down amid negative cues from the global equity markets. The Rupee depreciated nine paise against the US currency and global oil prices extended gains to trade above USD 71 per barrel. Most Asian stocks fall dragged by technology sector except China’s Shanghai Composite index http://newsonair.nic.in/Main-News-Details.aspx?id=418833 BNE Most Asian stocks today fell dragged by the technology sector except China’s Shanghai Composite index which rose marginally by 0.2 per cent. Asian shares trade mixed and settle below recent 3-month highs http://newsonair.nic.in/Main-News-Details.aspx?id=418772 BNE Asian shares today traded mixed and settled below recent three-month highs. Investors weighed inflation concerns ahead of key U.S. economic data while oil prices rose to near one and half year highs. India’s merchandise exports witness steep rise of over 67 % in May 2021 http://newsonair.nic.in/Main-News-Details.aspx?id=418675 BNE India’s merchandise exports in the last month recorded a steep rise of over 67 per cent compared to the corresponding period last year. Brent crude prices trade around USD 71.10 per barrel http://newsonair.nic.in/Main-News-Details.aspx?id=418460 BNE Oil rose today, supported by an OPEC decision to stick to its plan to restore supply to the market gradually and by the slow pace of nuclear talks between Iran and the United States. Gold prices gain Rs 80 amid Rupee weakening even as prices fall in international bullion markets http://newsonair.nic.in/Main-News-Details.aspx?id=418431 BNE Gold prices today gained Rs 80 amid Rupee weakening even as gold prices fell in the international bullion markets. At Multi Commodity Exchange, gold was trading at Rs 49,075 per 10 gram. 3 major US stocks trade in narrow range and end almost flat http://newsonair.nic.in/Main-News-Details.aspx?id=418622 BNE The three major US stocks traded in a narrow range and ended almost flat yesterday. The Dow rose witnessed marginal gains while S&P 500 and the Nasdaq closed with marginal loss ahead of a week packed with major data that is expected to shed more light on the path of inflation. Asian shares trade mixed; European shares marginally up in intra day trade http://newsonair.nic.in/Main-News-Details.aspx?id=418620 BNE Asian shares today traded mixed. However, remained near three month highs as data showing higher U.S. manufacturing activity in May boosted investors sentiment. Domestic vaccine production being steadily ramped up in the country http://newsonair.nic.in/Main-News-Details.aspx?id=418606 BNE With the aim of vaccinating the entire eligible population at the earliest, domestic vaccine production is being steadily ramped up in the country with help from the Centre. Govt imposes restrictions on the export of Amphotericin-B injections http://newsonair.nic.in/Main-News-Details.aspx?id=418593 BNE The government has imposed restrictions on the export of Amphotericin-B injections. Government issues Operational guidelines for PLI scheme for Pharma http://newsonair.nic.in/Main-News-Details.aspx?id=418573 BNE The Union Government has issued Operational guidelines for Production Linked Incentive Scheme of Pharmaceuticals. Piyush Goyal calls for adding more participants in GeM, public procurement portal http://newsonair.nic.in/Main-News-Details.aspx?id=418547 BNE Minister for Commerce and Industry Piyush Goyal today called upon Government e-Marketplace (GeM) to expand its scope and include more participants in GeM portal for public procurement of products and services. 13 % more wheat procured during current Rabi Marketing Season: Govt http://newsonair.nic.in/Main-News-Details.aspx?id=418471 BNE Government has said that 13 per cent more wheat has been procured during current Rabi Marketing Season in comparison to corresponding period last year. EPFO allows its members to avail second non-refundable COVID-19 advance http://newsonair.nic.in/Main-News-Details.aspx?id=418429 BNE With a view to support its subscribers during the second wave of COVID-19 pandemic, Employees Provident Fund Organisation, EPFO has now allowed its members to avail second non-refundable COVID-19 advance. India's GDP grows 1.6% in Jan-Mar, contracts 7.3% in 2020-21 http://newsonair.nic.in/Main-News-Details.aspx?id=418461 BNE The country's gross domestic product grew at 1.6 percent in the January to March quarter of the last fiscal year, showed government data today. Asian markets end mixed http://newsonair.nic.in/Main-News-Details.aspx?id=418432 BNE Asian markets ended mixed today. So, China's Shamghai Composite index rose 0.4 percent; Hong Kong's Hang Seng index gained 0.1 percent and South Korea's Kospi index moved up 0.5 percent. World economy will expand by 5.8% this year: OECD http://newsonair.nic.in/Main-News-Details.aspx?id=418430 BNE The Organisation for Economic Co-operation and Development has raised its 2021 global GDP growth forecast but warned that "too many headwinds persist" as not enough Covid vaccines are reaching emerging economies, making the world vulnerable to variants. Public sector banks announces various support measures, loan products to mitigate impact of Covid pandemic http://newsonair.nic.in/Main-News-Details.aspx?id=418360 BNE Public sector banks in India today announced various support measures and launch of new loan products to mitigate the impact of Covid pandemic. Centre expands scope of Emergency Credit Line Guarantee Scheme to aid MSME sector amid disruption caused by 2nd wave of COVID-19 http://newsonair.nic.in/Main-News-Details.aspx?id=418344 BNE The Centre today further expanded the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) amid the economic disruption caused by the second wave of COVID-19 pandemic to aid Micro, Small and Medium Enterprises (MSMEs) sector. Export of non-basmati rice witnesses 146% growth in 2020-21 http://newsonair.nic.in/Main-News-Details.aspx?id=418295 BNE The export of non-basmati rice has witnessed an impressive growth of 146 per cent during 2020-21. Employment opportunities for Khadi artisans helped them amidst Covid-19 lockdown http://newsonair.nic.in/Main-News-Details.aspx?id=418281 BNE Ample employment opportunities for Khadi artisans have helped them fight the financial distress amidst Covid-19 pandemic induced lockdown. RBI imposes monetary penalty of Rs 10 crore on HDFC Bank for violation of provisions under various sections of Banking Regulation Act http://newsonair.nic.in/Main-News-Details.aspx?id=418221 BNE The Reserve Bank of India (RBI) today imposed a monetary penalty of Rs 10 crore on HDFC Bank for violation of provisions under various sections of the Banking Regulation Act. Sensex gains 0.6 per cent amid positive global cues; Nifty rises 0.64 per cent http://newsonair.nic.in/Main-News-Details.aspx?id=417811 BNE The Sensex today gained 0.6 per cent amid positive global cues. The Sensex at Bombay Stock Exchange climbed 308 points to close at 51,423. The Nifty at the National Stock Exchange also added 98 points, or 0.64 per cent, to settle at 15,436. Rupee appreciates 15 paise to finish at Rs 72.44 against US Dollar http://newsonair.nic.in/Main-News-Details.aspx?id=418186 BNE The Rupee today appreciated 15 paise to finish at Rs 72.44 against the US Dollar. The Dollar index, which indicates the US Dollar's strength against a basket of six other leading currencies, was up 0.25 per cent to trade at 90.19 in intra-day trade. Zydus Cadila introduces new feature in packaging of its critical drugs http://newsonair.nic.in/Main-News-Details.aspx?id=418170 BNE Zydus Cadila announced that it has introduced a new feature in the packaging of its critical drugs to help patients ensure that the product is not fake or counterfeited. Wheat procurement in Rabi Marketing Season continuing smoothly in procuring States, UTs http://newsonair.nic.in/Main-News-Details.aspx?id=418132 BNE The government has said that the procurement of Wheat in ongoing Rabi Marketing Season, 2021-22 is continuing smoothly in the procuring States and UTs. Oil prices dip on concerns about possible return of Iranian supply http://newsonair.nic.in/Main-News-Details.aspx?id=418102 BNE Oil prices today dipped as concern about demand in India and the potential for a rise in Iranian supplies offset optimism over the U.S. and European summer driving season. Asian stocks closed mixed http://newsonair.nic.in/Main-News-Details.aspx?id=418098 BNE Asian stocks today closed mixed amid weaker-than-expected Chinese factory indicators and concerns about Beijing. NTPC under Power Ministry playing significant role in dealing with Covid-19 pandemic http://newsonair.nic.in/Main-News-Details.aspx?id=418081 BNE National Thermal Power Corporation, NTPC is playing a significant role in dealing with Covid-19 pandemic. Wardha-based Genetik Lifesciences produces Amphotericin B injection for black fungus infection http://newsonair.nic.in/Main-News-Details.aspx?id=418080 BNE The Wardha-based Genetik Lifesciences has produced the Amphotericin B injection for the black fungus infection during the Covid-19 period. Zydus Cadilla seeks DCGI’s approval to undertake clinical trials for monoclonal antibodies cocktail http://newsonair.nic.in/Main-News-Details.aspx?id=418075 BNE Pharmaceutical Company Zydus Cadilla has sought Drug Controller General of India’s(DCGI) approval to undertake clinical trials for monoclonal antibodies cocktail that can neutralise Covid infection. Amazon buys James Bond owner MGM for 8.45 billion dollars http://newsonair.nic.in/Main-News-Details.aspx?id=418030 BNE Amazon.com Inc said that it is buying MGM, the fabled US movie studio home to the James Bond franchise, for 8.45 billion US Dollars. Gold prices climb over Rs 200 amid price rise in international bullion markets http://newsonair.nic.in/Main-News-Details.aspx?id=418008 BNE Gold prices on Wednesday climbed more than 200 rupees amid price rise in the international bullion markets. Wall Street’s main indexes witness marginal losses http://newsonair.nic.in/Main-News-Details.aspx?id=418007 BNE Wall Street’s main indexes witnessed marginal losses yesterday as investors continue to try and assess the trajectory of inflation Asia-Pacific stocks mixed; multiple Southeast Asian markets closed for a holiday http://newsonair.nic.in/Main-News-Details.aspx?id=418006 BNE Asia-Pacific stocks on Wednesday traded mixed with multiple markets in Southeast Asia closed for a holiday. PFRDA crosses Rs 6 lakh crore AUM http://newsonair.nic.in/Main-News-Details.aspx?id=417999 BNE The pension Assets Under Management (AUM), under Pension Fund Regulatory and Development Authority, PFRDA has crossed six lakh crore rupees. IFSCA constitutes an expert committee on Investment Funds http://newsonair.nic.in/Main-News-Details.aspx?id=417958 BNE The International Financial Services Centres Authority, IFSCA has constituted an expert committee on Investment Funds. Hallmarking of Gold Jewellery set to begin from June 15 http://newsonair.nic.in/Main-News-Details.aspx?id=417861 BNE Hallmarking of Gold Jewellery is set to begin from 15th June this year. In view of Covid, Government accepted the request of stakeholders to give jewellers some more time to get prepared for implementation and resolve issues. Key indices end with marginal gains; Rupee weakens slightly against US Dollar http://newsonair.nic.in/Main-News-Details.aspx?id=417854 BNE At the domestic stock markets, key indices ended with marginal gains today, while the Rupee weakened slightly against the US Dollar. In the international markets, Brent crude oil prices rose sharply towards USD 68 a barrel. India attracts highest ever total FDI inflow of USD 81.72 billion during last financial year http://newsonair.nic.in/Main-News-Details.aspx?id=417814 BNE India has attracted the highest ever total foreign direct investment, FDI inflow of USD 81.72 billion during the last financial year. Gold gains Rs 95 while Silver rises Rs 154 http://newsonair.nic.in/Main-News-Details.aspx?id=417810 BNE Gold gained Rs 95, to Rs 48,015 per 10 grams at Delhi's bullion market today. Silver rose Rs 154, to Rs 70,998 per kilo. NEFT service will not be available till 2 pm today http://newsonair.nic.in/Main-News-Details.aspx?id=417681 BNE Reserve Bank of India has informed that National Electronic Funds Transfer (NEFT) service will not be available till 2 pm today. Country’s Foreign exchange reserves crosses USD 590 billion mark http://newsonair.nic.in/Main-News-Details.aspx?id=417626 BNE Country’s Foreign exchange reserves crossed the USD 590 billion mark on the week ended 14th March. Shipment of 1.2 MT of fresh jackfruit exported from Tripura to London http://newsonair.nic.in/Main-News-Details.aspx?id=417575 BNE In a major step towards harnessing exports potential of agricultural and processed food products from north-eastern region, a shipment of 1.2 metric tonne of fresh jackfruit was exported from Tripura to London yesterday. Railways earns Rs. 18,542 crore from freight loading in current financial year http://newsonair.nic.in/Main-News-Details.aspx?id=417571 BNE Railways has earned Rs. 18,542 crore from freight loading in the current financial year. Govt says, 17% more Wheat procured during current Rabi Marketing Season http://newsonair.nic.in/Main-News-Details.aspx?id=417559 BNE Government today said that 17 per cent more Wheat has been procured during current Rabi Marketing Season in comparison to corresponding period last year. Asian markets end mixed http://newsonair.nic.in/Main-News-Details.aspx?id=417524 BNE Asian markets ended mixed today. So Japan's Nikkei-225 index rose 0.8 percent; Singapore's Strait Times index inched up 0.3 percent and Hong Kong's Hang Seng index ended with marginal gains. Sensex shoots up 976 points; Nifty ends at 15,175 http://newsonair.nic.in/Main-News-Details.aspx?id=417099 BNE At the stock markets, snapping two days of losses, the Sensex at the Bombay Stock Exchange shot up 976 points, or 2 percent, to close at 50,540, today. The Nifty at the National Stock Exchange spurted 269 points, or 1.8 percent, to end at 15,175. APEDA organizes Virtual Buyer-Seller Meet to enhance mangoes exports to South Korea http://newsonair.nic.in/Main-News-Details.aspx?id=417514 BNE In a bid to increase mangoes exports to South Korea, Agricultural and Processed Food Products Export Development Authority (APEDA) in collaboration with Indian embassy, Seoul and Indian Chamber of Commerce in Korea (ICCK), organised a Virtual Buyer-Seller Meet. Economy will have stronger and faster recovery after June: NITI Aayog Vice Chairman http://newsonair.nic.in/Main-News-Details.aspx?id=417503 BNE NITI Aayog Vice Chairman Rajeev Kumar has said, the second wave of COVID-19 will surely have unpleasant impact on the economic activity but we will still get a very positive growth rate for the first quarter. Key indices fall for 2nd day; Rupee appreciates marginally against US Dollar http://newsonair.nic.in/Main-News-Details.aspx?id=417463 BNE At the domestic stock markets, key indices fell for the second day, today; but the Rupee appreciated marginally against the US Dollar. Global crude prices fall after diplomats say progress was made towards deal to lift sanctions on Iran http://newsonair.nic.in/Main-News-Details.aspx?id=417435 BNE Global crude prices fell today after diplomats said progress was made towards a deal to lift sanctions on Iran, which could boost crude supply. US markets end lower; Treasury yields and Dollar index jumpe http://newsonair.nic.in/Main-News-Details.aspx?id=417419 BNE US markets ended lower yesterday as minutes from the last US Federal Reserve meeting showed participants agreed the US economy remained far from the central bank's goals. India following guidelines of international organizations regarding Buffalo meat: Govt http://newsonair.nic.in/Main-News-Details.aspx?id=417418 BNE Government has said India is following guidelines of international organizations and adhering to quality, food safety and environment management systems regarding Buffalo meat. Japan’s exports grow most since 2010 in April http://newsonair.nic.in/Main-News-Details.aspx?id=417407 BNE Japan’s exports grew the most since 2010 in April while capital spending perked up on surging global demand for cars and electronics. Money kept in various cash wallets can be withdrawn from ATM & PoS terminals http://newsonair.nic.in/Main-News-Details.aspx?id=417375 BNE Now Money kept in various online wallets like Amazon pay, Ola money, Mobikwik, Phone pe, Delhi Metro Card etc. can be withdrawn using an ATM or Point of Sale Terminal. Indian Oil Corporation reports net profit of Rs 8,781.3 cr for March quarter http://newsonair.nic.in/Main-News-Details.aspx?id=417311 BNE Country's biggest oil company, Indian Oil Corporation today reported a net profit of Rs. 8,781.3 crore for the March quarter. Gold prices decline on Multi Commodity Exchange http://newsonair.nic.in/Main-News-Details.aspx?id=417308 BNE Gold prices declined on the Multi Commodity Exchange today. Gold for June delivery fell 263 rupees, to 48,044 rupees per ten grams, in line with a drop in the global precious metal prices. Silver for July delivery lost 1,636 rupees, to 71,9650 rupees per kilo. Crude oil prices fall on rising COVID infections in Asia, inflation fears http://newsonair.nic.in/Main-News-Details.aspx?id=417307 BNE Crude oil prices fell for a second day on Wednesday on renewed demand concerns as coronavirus cases in Asia rise and on fears rising inflation might lead the US Federal Reserve to raise interest rates, which could limit economic growth. Most Asian markets end lower; Key indices in Europe trade lower http://newsonair.nic.in/Main-News-Details.aspx?id=417305 BNE Most key Asian markets ended lower on Wednesday. So Japan's Nikkei-225 index slumped 1.3 percent on spike of Covid cases in the country amid a scarcity of medical workers and hospital beds in Tokyo. Offer for sale of SUUTI shares in Axis Bank gets good response on day one http://newsonair.nic.in/Main-News-Details.aspx?id=417304 BNE The offer for sale of Specified Undertaking of the Unit Trust of India, SUUTI shares in Axis Bank got good response on day one. US markets fall due to big drop in telecom stocks http://newsonair.nic.in/Main-News-Details.aspx?id=417302 BNE US markets fell on Tuesday due to big drop in telecom stocks and weak housing starts data that overshadowed better-than-expected earnings from Walmart and Home Depot. Key indices post gains over one per cent each; Rupee strengthens slightly against US Dollar http://newsonair.nic.in/Main-News-Details.aspx?id=417219 BNE At the domestic stock markets, key indices posted gains over one per cent each today, while the Rupee strengthened slightly against the US Dollar. Most Asian markets end higher; Key indices in Europe trade lower http://newsonair.nic.in/Main-News-Details.aspx?id=417140 BNE Most Asian markets ended higher, today. So, China's Shanghai Composite index gained 0.8 per cent after data showed that retail sales in China rose 17.7 per cent in April from a year earlier. Gold spot prices for June delivery gain Rs 312; Silver spot prices for July delivery rise Rs 771 http://newsonair.nic.in/Main-News-Details.aspx?id=417137 BNE Continued upward trend amid strong global cues, Gold spot prices for June delivery gained Rs 312, to Rs 47,988 per ten grams on the Multi Commodity Exchange today. Silver spot prices for July delivery rose Rs 771, to Rs 71,856 per kilo. Crude oil prices hold firm, trading in tight range as European economic reopenings offset gloom from surging COVID-19 cases http://newsonair.nic.in/Main-News-Details.aspx?id=417136 BNE Crude oil prices held firm today, trading in a tight range as European economic reopenings offset gloom from surging COVID-19 cases in Asia and underwhelming Chinese manufacturing data. Telecom major Bharti Airtel reports net profit of Rs 759.2 crore for quarter ended March 31st http://newsonair.nic.in/Main-News-Details.aspx?id=417134 BNE Telecom major Bharti Airtel today reported a net profit of Rs 759.2 crore for the quarter ended March 31st in comparison to a loss of Rs 5,237 crore in the same quarter last year. India's wholesale price inflation rises to 10.49 per cent in April compared to 7.39 per cent in March http://newsonair.nic.in/Main-News-Details.aspx?id=417131 BNE India's wholesale price inflation, or WPI, rose to 10.49 per cent in April compared to 7.39 per cent in March on account of sharp surge in oil price and global commodity prices. Rising for 2nd straight session, Rupee appreciates 7 paise against dollar http://newsonair.nic.in/Main-News-Details.aspx?id=417107 BNE Rising for the second straight session, the Rupee appreciated 7 paise today against the dollar to close at a one and a half month high of Rs 73.22 against the dollar amid positive domestic markets and weak American currency. CBIC launches Special GST Refund Disposal Drive from 15th to 31st May http://newsonair.nic.in/Main-News-Details.aspx?id=416938 BNE Central Board of Indirect Taxes and Customs (CBIC) has launched a Special GST Refund Disposal Drive from 15th May to 31st May for processing and disposal of all pending GST refund claims on priority. US markets witness surge led by technology shares, reopening trades http://newsonair.nic.in/Main-News-Details.aspx?id=416895 BNE US markets surged yesterday, led by technology shares and reopening trades. Finance Minister to chair 43rd GST Council meeting via video conferencing http://newsonair.nic.in/Main-News-Details.aspx?id=416888 BNE Finance Minister Nirmala Sitharaman will chair the 43rd GST Council meeting via video conferencing at 11 A.M. in New Delhi on 28th of this month. India’s export performance continues to be impressive in April this year http://newsonair.nic.in/Main-News-Details.aspx?id=416853 BNE India’s export performance continues to be impressive in April this year with merchandise exports accelerating by an impressive 195.72 per cent over April 2020 levels and 17.62 per cent over the April 2019 levels. India’s overall exports in last month estimated to be USD 51.79 billion, positive growth of 93.21 per cent http://newsonair.nic.in/Main-News-Details.aspx?id=416809 BNE India’s overall exports including merchandise and services in the last month are estimated to be USD 51.79 billion exhibiting a positive growth of 93.21 per cent over the same period last year. Key indices end little changed while Rupee strengthens slightly against US Dollar http://newsonair.nic.in/Main-News-Details.aspx?id=416814 BNE At the domestic stock markets, key indices ended little changed, today, while the Rupee strengthened slightly against the US Dollar. Sensex gains 42 points, Nifty loses 19 http://newsonair.nic.in/Main-News-Details.aspx?id=416440 BNE At the stock markets, after a solid opening, the Sensex at the Bombay Stock Exchange ended with a marginal gain of 42 points, to close at 48,733, today. Asian markets end mostly higher on reassurances from US Federal Reserve that spike in inflation was temporary http://newsonair.nic.in/Main-News-Details.aspx?id=416706 BNE Asian markets ended mostly higher, today, on reassurances from the US Federal Reserve that a spike in inflation was temporary. So Japan's Nikkei-225 index climbed 2.3 per cent. Govt gives relaxation in procurement rules for containment of COVID-19 pandemic http://newsonair.nic.in/Main-News-Details.aspx?id=416793 BNE The government has given relaxation in procurement rules for containment of the COVID-19 pandemic. Life sciences company at Wardha started Remdesivir injection production http://newsonair.nic.in/Main-News-Details.aspx?id=416770 BNE In Maharashtra, a lifesciences company at Wardha has started production of Remdesivir injection. Wheat procurement going on smoothly, Punjab, Haryana Farmers received payments through DBT http://newsonair.nic.in/Main-News-Details.aspx?id=416759 BNE During Rabi Marketing Season 2021-22, Mission One Nation, One MSP, One DBT has been given a firm shape as for the first time, farmers of Punjab and Haryana have started receiving payments directly into their bank accounts against sale of their Wheat crop. 36.19 lakh farmers benefitted from ongoing Rabi Marketing Season procurement operations with MSP value of Rs 69,912 crore http://newsonair.nic.in/Main-News-Details.aspx?id=416745 BNE The government has said that nearly 36 lakh 19 thousand farmers have been benefitted from the ongoing Rabi Marketing Season procurement operations with MSP value of 69 thousand 912 crore rupees. FM hands over possession to home buyers as Centre's SWAMIH completes its first residential project http://newsonair.nic.in/Main-News-Details.aspx?id=416734 BNE Finance Minister Nirmala Sitharaman on Thursday handed over possession to home buyers virtually as the Centre's Special Window for Affordable and Mid-Income Housing (SWAMIH) completes its first residential project. Central government in consultation with Reserve Bank of India, decides to issue Sovereign Gold Bonds http://newsonair.nic.in/Main-News-Details.aspx?id=416664 BNE The Central Government in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in six tranches from this month to September 2021. Key indices lose 1 per cent each, while Rupee weakens slightly against US dollar http://newsonair.nic.in/Main-News-Details.aspx?id=416652 BNE At the domestic stock markets, falling for the second straight day, key indices lost one per cent each today, while the Rupee weakened slightly against the US dollar. Asian markets end mostly lower, as investors fear a potential spike in inflation http://newsonair.nic.in/Main-News-Details.aspx?id=416535 BNE Asian markets ended mostly lower, as investors were concerned over a potential spike in inflation, while rising COVID-19 cases and curbs in other parts of the region further dampened sentiment. Key indices rise for 4th straight session and Rupee appreciates for 3rd straight day against US dollar http://newsonair.nic.in/Main-News-Details.aspx?id=416472 BNE At the domestic stock markets, key indices rose for the fourth straight session and the Rupee appreciated for the third straight day against the US dollar today. Various NGOs, social organisations soon could list on social stock exchanges & raise funds like corporates http://newsonair.nic.in/Main-News-Details.aspx?id=416317 BNE Various NGOs and other social organisations in India, soon could list on social stock exchanges and raise funds like as corporates. Govt procures 49% more Wheat during current Rabi Season compared to corresponding period last year http://newsonair.nic.in/Main-News-Details.aspx?id=416214 BNE Government has procured 49 per cent more Wheat during the ongoing Rabi Season compared to the corresponding period last year. CBIC restores facility for trade, provides option to submit undertaking in lieu of bond upto 30th June http://newsonair.nic.in/Main-News-Details.aspx?id=416237 BNE The Central Board of Indirect Taxes and Customs (CBIC) has restored the facility for trade by providing option to submit an undertaking in lieu of bond upto 30th June. Govt relaxed provisions of Income-tax Act http://newsonair.nic.in/Main-News-Details.aspx?id=416211 BNE In view of COVID-19, the government has relaxed the provisions of Income-tax Act. Now, all hospitals, nursing units, dispensaries and COVID care centres will be able to accept cash over two lakh rupees from the patients.