NEWS ON AIR https://newsonair.gov.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 Key domestic share indices trading almost flat in afternoon trade https://newsonair.gov.in/Main-News-Details.aspx?id=467958 BNE The Key domestic share indices were trading almost flat in the afternoon trade. The BSE Sensex was up 44 points up to trade at 66,053. US stocks ends marginally lower yesterday https://newsonair.gov.in/Main-News-Details.aspx?id=468180 BNE In volatile trade, US stocks ended marginally lower yesterday. The major stocks fell amid a stormy week during which benchmark Treasury yields hit 16-year highs and investors digested the Federal Reserve's hawkish outlook revisions. Foreign investors pump around 1.5 lakh crore rupees into the Indian capital markets https://newsonair.gov.in/Main-News-Details.aspx?id=468237 BNE Foreign investors have pumped around 1.5 lakh crore rupees into the Indian capital markets this year so far even as the Foreign Portfolio investors (FPIs) pulled more than 10 thousand crore rupees from the market this month so far amid concern about interest rate hikes by global central banks. Centre sells 18.09 Lakh MT of wheat under Open Market Sale Scheme (Domestic) https://newsonair.gov.in/Main-News-Details.aspx?id=468177 BNE Centre has sold 18.09 Lakh Metric Tonnes of wheat in 13 e-auctions under Open Market Sale Scheme (Domestic). SEBI provides flexibility to large corporates in raising funds through issuance of debt securities https://newsonair.gov.in/Main-News-Details.aspx?id=468171 BNE The Securities and Exchange Board of India (SEBI) has decided to provide flexibility to large corporates in raising funds through issuance of debt securities for incremental financing needs. JP Morgan Chase and Company to add Indian government bonds to market bond index https://newsonair.gov.in/Main-News-Details.aspx?id=468168 BNE JP Morgan Chase and Company (JPM) has confirmed that it will add Indian government bonds to its benchmark emerging markets bond index starting from 28th June 2024. RBI proposes changes in instructions dealing wilful defaulters https://newsonair.gov.in/Main-News-Details.aspx?id=468146 BNE Reserve Bank of India has proposed changes in the instructions dealing wilful defaulters. In a press release, the RBI said, wilful defaulters must be defined as someone who has an outstanding amount of 25 lakh rupees and above and those who refuse to repay their loans despite having the capacity to Asian stocks ended in 'RED' as South Korea's Kospi indices slumped 1.7 percent https://newsonair.gov.in/Main-News-Details.aspx?id=467821 BNE Asian stocks ended in RED as South Korea's Kospi indices slumped 1.7 percent, Japan's Nikkei-225 declined 1.3 percent, Hong Kong's Hang Seng index and Singapore's Straits Times both fell 1.2 percent, and China's Shanghai Composite index slipped 0.7 percent. Gold price falls Rs 544, to trade at Rs 58,861/ ten grams https://newsonair.gov.in/Main-News-Details.aspx?id=468057 BNE Gold was trading down today at Multi Commodity Exchange for October contracts. The precious fell 544 rupees, to trade at 58,861 rupees per ten grams. Crude oil prices slip to 92 per barrel as Fed pauses on hikes again https://newsonair.gov.in/Main-News-Details.aspx?id=467816 BNE Crude oil prices slip to 92 per barrel as Fed pauses on hikes again. The US Fed held interest rates steady today while indicating one more hike before the end of 2023 and fewer rate cuts in the next year. U.S. stock index futures decline as Treasury yields jump after Fed hints hike https://newsonair.gov.in/Main-News-Details.aspx?id=468116 BNE U.S. stock index futures declined as growth stocks took a hit from a jump in Treasury yields after the Federal Reserve held interest rates steady while hinting at another hike this year. Wall Street ended lower as U.S. Fed convened for much-anticipated two-day monetary policy meeting https://newsonair.gov.in/Main-News-Details.aspx?id=467822 BNE Wall Street ended lower yesterday amid risk-off sentiment weighing as the U.S. Federal Reserve convened for its much-anticipated two-day monetary policy meeting. Rupee closes at 83.07 against US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=468055 BNE The Rupee, hovering near a record low, is expected to remain under pressure amid focus on crude oil prices and the U.S. Federal Reserve's policy decision. Direct Tax collections register over 23.5 % growth in current financial year so far https://newsonair.gov.in/Main-News-Details.aspx?id=467989 BNE India's direct tax collection recorded over eight lakh 65 thousand crore rupees (till mid september of this financial years) which is 23.51 percent higher than the corresponding period of last year. Gross Direct Tax collections registered Rs 9.87 lakh crore for FY 2023-24 https://newsonair.gov.in/Main-News-Details.aspx?id=467966 BNE The Gross Direct Tax collections have witnessed robust growth of 18.29 percent so far in this financial year with over nine lakh 87 thousand crore rupees. RBI says any reversion to OPS from NPS by States would be fiscally unsustainable https://newsonair.gov.in/Main-News-Details.aspx?id=467971 BNE Reserve Bank of India has said that any reversion to the Old Pension Scheme (OPS) from the New Pension Scheme (NPS) by the States would be fiscally unsustainable, though it may result in an immediate fall in their pension outgo. Officers of Investigation Wing of CGST Palghar Commissionerate, Mumbai Zone bust a fake invoice racket https://newsonair.gov.in/Main-News-Details.aspx?id=467918 BNE The officers of Investigation Wing of CGST Palghar Commissionerate, Mumbai Zone have busted a fake invoice racket. Rupee closes at 83.18 against US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=467820 BNE In the forex market, the rupee today closed at 83 rupees and 18 paise against the US dollar. Gold price rise Rs 240, trade at Rs 58,830/ 10 gram https://newsonair.gov.in/Main-News-Details.aspx?id=467818 BNE Gold was trading up today at Multi Commodity Exchange for October contracts. The precious was up 240 rupees at 58,830 rupees per 10 grams. Gold is down by Rs 108 at 58,485 rupees per 10 gram, silver trades at Rs 70,630/kg https://newsonair.gov.in/Main-News-Details.aspx?id=467366 BNE Gold was trading down today at Multi Commodity Exchange for October contracts. Asian stock markets end in green https://newsonair.gov.in/Main-News-Details.aspx?id=467571 BNE Asian stock markets today ended in the green. South Korea's Kospi advanced one and a half percent and Japan's Nikkei-225 traded 1.4 percent up. Rupee closes at 83.04 against US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=467252 BNE In the forex market, the rupee today closed at 83 rupees and four paise against the US dollar. Wall Street closed mixed after underlying inflation remained slow https://newsonair.gov.in/Main-News-Details.aspx?id=467753 BNE Wall Street closed mixed yesterday after data showed underlying inflation remained on its slow and downward trajectory. Stock Market: Sensex to trade at 67,411, Nifty at 20,065 https://newsonair.gov.in/Main-News-Details.aspx?id=467394 BNE The key domestic share indices were trading almost flat in the afternoon trade. Wall Street ends lower as Oracle tumbles on weak forecast https://newsonair.gov.in/Main-News-Details.aspx?id=467622 BNE Wall Street stocks ended lower as Oracle shares tumbled more than 13 per cent after a weak forecast and surging oil prices deepened worries about persistent price pressures ahead of crucial inflation readings this week. Crude prices trade above 85 dollars per barrel in recent weeks https://newsonair.gov.in/Main-News-Details.aspx?id=467085 BNE Supply cuts by oil-producing countries to keep crude prices elevated. India is the largest export partner of Bangladesh, says Government https://newsonair.gov.in/Main-News-Details.aspx?id=467669 BNE The Government today said that India is the largest export partner of Bangladesh; more so than Japan and China. Speaking at exploring new trade routes, India's North East to the Bay of Bengal via Bangladesh Transit Agreement in Agartala, joint secretary (Bangladesh and Myanmar) in the ministry o RBI asks financial institutions to release all movable/ immovable property documents within 30 days of full repayment of loan https://newsonair.gov.in/Main-News-Details.aspx?id=467667 BNE Reserve Bank of India has asked all the financial institutions to release all movable/immovable property documents within 30 days upon receiving full repayment and closure of personal loan accounts. Index of Industrial production jumps to five month high by 5.7% in July 2023 https://newsonair.gov.in/Main-News-Details.aspx?id=467626 BNE The index of industrial production jumped to five month high. As per the Ministry of Statistics and Programme Implementation data, IIP grew by 5.7 percent in July this year as compared to 3.7 percent in June 2023. It was 2.2 percent in July 2022. Retail inflation based on CPI slips to 6.83% in August 2023 https://newsonair.gov.in/Main-News-Details.aspx?id=467627 BNE Retail inflation, based on Consumer Price Index (CPI), slipped to 6.83 percent in August this year. According to the Ministry of Statistics and Programme Implementation data released today, rural areas saw a slightly higher inflation rate at 7.02 percent compared to urban areas at 6.59 percent. G20 Summit: Nifty hits 20,000 mark first time ever https://newsonair.gov.in/Main-News-Details.aspx?id=467593 BNE National Stock Exchange's (NSE) benchmark index, Nifty 50, hit the 20,000 mark for the first time today, on the following day of the G20 Summit. Bharat 6G Alliance and Next G Alliance sign MoU to explore collaboration opportunities https://newsonair.gov.in/Main-News-Details.aspx?id=467511 BNE A Memorandum of Understanding (MoU) to explore collaboration opportunities on 6G wireless technologies in India and other parts of the world was signed between Bharat 6G Alliance and Next G Alliance, an initiative of the Alliance for Telecommunications Industry Solutions (ATIS). RBI decides to discontinue Incremental Cash Reserve Ratio in a phased manner https://newsonair.gov.in/Main-News-Details.aspx?id=467470 BNE RBI has decided to discontinue Incremental Cash Reserve Ratio which was put in place to absorb surplus liquidity following the withdrawal of 2,000 rupees currency notes, in a phased manner beginning tomorrow. Sensex gains 385 points, Nifty to settle at 19,727 https://newsonair.gov.in/Main-News-Details.aspx?id=465074 BNE The key domestic share indices witnessed gains of more than half a percent on 7th Sep 2023. US share indices close lower; Nasdaq Composite index falls 0.1% https://newsonair.gov.in/Main-News-Details.aspx?id=467365 BNE The US share indices closed lower yesterday. Asian stock markets today close mixed; London's FTSE-100 falls 0.7% https://newsonair.gov.in/Main-News-Details.aspx?id=467087 BNE Asian stock markets today closed mixed. Japan's Nikkei-225 appreciated 0.6 percent and China's Shanghai Composite index added 0.1 percent. Railways records freight loading of 126 MT for August 2023 https://newsonair.gov.in/Main-News-Details.aspx?id=467156 BNE Indian Railways has achieved freight loading of over 634 million tonnes between April and August this year which is over 13 million tonnes more than the corresponding period last year. Total value of ₹2000 banknotes received back from circulation is ₹3.32 lakh cr up to August 31, 2023: RBI https://newsonair.gov.in/Main-News-Details.aspx?id=467090 BNE Reserve Bank of India (RBI) has said that the total value of ₹2000 banknotes received back from circulation is ₹3.32 lakh crore up to August 31, 2023. Wall Street ended mixed, as shares of Sales force climbed following upbeat forecast https://newsonair.gov.in/Main-News-Details.aspx?id=467086 BNE On Wall Street yesterday, key indices ended mixed, after US inflation data matched estimates, underscoring expectations the Federal Reserve could pause its monetary tightening, while shares of Sales force climbed following an up upbeat forecast. Gold falls Rs 100, to trade at Rs 60,150/ten grams https://newsonair.gov.in/Main-News-Details.aspx?id=467084 BNE Gold fell 100 rupees, to 60,150 rupees per ten grams at Delhi's bullion markets, today, amid weak global cues. Silver lost 400 rupees, to 77,100 rupees per kilo. GST revenue rises 11% to Rs 1.59 lakh cr in August https://newsonair.gov.in/Main-News-Details.aspx?id=467083 BNE The gross GST revenue collected in August is 1,59,069 crore rupees. This includes CGST of 28,328 crores, SGST of 35,794 crores, and IGST of 83,251 crores. India's GDP growth rises to 7.8 percent in April to June quarter https://newsonair.gov.in/Main-News-Details.aspx?id=467020 BNE India's Gross Domestic Product (GDP) registered a growth of 7.8 percent in the April-June quarter of the current fiscal (2023-2024), compared to a growth of 6.1 percent in the previous January-March quarter of fiscal 2022-23. Wall Street indexes end sharply higher after drop in monthly job openings https://newsonair.gov.in/Main-News-Details.aspx?id=466842 BNE On Wall Street, key indexes ended sharply higher yesterday (29 August 2023), lifted by Tesla, Nvidia and other mega-cap growth stocks after a drop in monthly job openings cemented expectations of a pause in interest rate hikes by the US Federal Reserve. Asian markets end little changed https://newsonair.gov.in/Main-News-Details.aspx?id=466843 BNE Asian stocks today witnessed gains. Hong Kong's Hang Seng index climbed 1.9 percent and China's Shanghai Composite index surged 1.2 percent. Gold jumps Rs 300 to Rs 60,100 per ten grams at Delhi's bullion market https://newsonair.gov.in/Main-News-Details.aspx?id=466840 BNE Gold jumped 300 rupees, to 60,100 rupees per ten grams at Delhi's bullion market, on Wednesday(30 August 2023), amid strong global cues. Oil prices rise more than half a percent https://newsonair.gov.in/Main-News-Details.aspx?id=466841 BNE Oil prices today rose more than half a percent. In intra-day trade, Brent crude was trading at 85 dollars per barrel. Rupee closes at 82.70 against US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=466838 BNE In the forex market, the rupee closed at 82 rupees and 70 paise against the US dollar. FM Sitharaman addresses B20 Summit of Business leaders in New Delhi; Says, govt's priority is to check inflation https://newsonair.gov.in/Main-News-Details.aspx?id=466691 BNE Finance Minister Nirmala Sitharaman said that India has showcased an accelerated pace of economic reforms in the last nine years. Rice sowing area stood at over 384 lakh hectares https://newsonair.gov.in/Main-News-Details.aspx?id=466699 BNE The sowing area of rice and coarse cereals have increased under Kharif crops this year as compared to last year. India's Rising Prosperity: An In-Depth Discussion on Akashvani https://newsonair.gov.in/Main-News-Details.aspx?id=466634 BNE In a recent episode of Akashvani's program "Spotlight," the spotlight was on India's remarkable progress towards equitable and collective prosperity. Gold prices today declined 50 rupees at Multi Commodity Exchange for October contracts https://newsonair.gov.in/Main-News-Details.aspx?id=466529 BNE Gold prices today declined 50 rupees at Multi Commodity Exchange for October contracts. Asian stock markets gained today https://newsonair.gov.in/Main-News-Details.aspx?id=466475 BNE Asian stock markets gained today after blockbuster results from tech giant Nvidia boosted Wall Street, while a retreat in government bond yields eased pressure on borrowing costs, further boosting sentiment. U.S. stocks closed higher yesterday, Tech giant Nvidia jumped 8% in trading after the bell https://newsonair.gov.in/Main-News-Details.aspx?id=466629 BNE U.S. stocks closed higher yesterday, as tech giant Nvidia jumped 8 percent in trading after the bell, hitting an all-time high. Forex market: Rupee closes at 82.58 against US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=466477 BNE In the forex market, the rupee closed at 82 rupees and 58 paise against the US dollar. Global stocks extend comeback rally, US benchmark Treasury yields touches a 16-year high https://newsonair.gov.in/Main-News-Details.aspx?id=466528 BNE Global stocks today extended their comeback rally. The US benchmark Treasury yields touched a 16-year high on concerns those interest rates could stay higher for longer and the safe-haven dollar nudged lower from recent 10-week highs. Three major US share indices jumped as investors were optimistic amid gains in technology-related stocks gaining https://newsonair.gov.in/Main-News-Details.aspx?id=466527 BNE The three major US share indices jumped as investors were optimistic amid gains in technology-related stocks gaining. The Nasdaq ended more than one and a half percent higher yesterday. G20 Summit Shines Spotlight on India's Digital Prowess and Global Leadership https://newsonair.gov.in/Main-News-Details.aspx?id=466484 BNE In a dynamic discussion on Akashvani's Spotlight program, economic analyst Sushma Ramachandran and anchor Lalima Aneja Dang delved into the significance and key priorities of the G20 Meeting on the Digital Economy, highlighting India's burgeoning digital prowess and global leadership. Gold prices rise by three rupees, trades at Rs 58,378/ 10 gram https://newsonair.gov.in/Main-News-Details.aspx?id=466483 BNE Gold prices today rose by three rupees at Multi Commodity Exchange for October contracts. The precious metal was trading at 58,378 rupees per 10 grams. Oil prices rise as global supply is tightening with lower exports from Saudi Arabia and Russia https://newsonair.gov.in/Main-News-Details.aspx?id=466482 BNE Oil prices rose today as global supply is tightening with lower exports from Saudi Arabia and Russia. EPFO adds 17.89 lakh net members in June this year https://newsonair.gov.in/Main-News-Details.aspx?id=466455 BNE The EPFO has added 17 lakh and 89 thousand members on net basis in June this year. As per the Labour Ministry data, month to month comparison of the payroll data shows an increasing trend in the enrollment with adding up of 9.71 per cent net members over previous month of May 2023. Foreign Investors pump in over Rs 13,000 cr into Indian capital markets so far in Aug https://newsonair.gov.in/Main-News-Details.aspx?id=466442 BNE Foreign Investors pumped in over 13,000 crore rupees into the Indian capital markets so far in August. Oil prices fall as China's economic woes results in signs of tight supply https://newsonair.gov.in/Main-News-Details.aspx?id=466333 BNE Oil prices fell today as China's economic woes results in signs of tight supply. In intra-day trade, Brent crude was trading at 83 dollars and 77 cents per barrel. Wall Street closes lower as losses in healthcare stocks outshined gains in Cisco & energy stocks https://newsonair.gov.in/Main-News-Details.aspx?id=466330 BNE Wall Street's main indexes closed lower yesterday as losses in healthcare stocks outshined the gains in Cisco and energy stocks. Rupee close at 83.10 rupees against US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=466327 BNE In the forex market, the rupee closed at 83 rupees and 10 paise against the US dollar. Don't compound penal interest on loans : RBI to Banks, NBFCs https://newsonair.gov.in/Main-News-Details.aspx?id=466314 BNE Reserve Bank issued guidelines to banks, NBFCs on levying of penal rates of interest on loans. RBI in a circular dated 18th Aug 2023 mentioned that there shall be no capitalisation of penal charges i.e. SBI plans to open 300 branches across country in current financial year https://newsonair.gov.in/Main-News-Details.aspx?id=466243 BNE State Bank of India is planning to open 300 new branches across the country in the current financial year. FM Nirmala Sitharaman meets Governor of Japan Bank for International Cooperation in New Delhi https://newsonair.gov.in/Main-News-Details.aspx?id=466237 BNE Finance Minister Nirmala Sitharaman met the Governor of Japan Bank for International Cooperation (JBIC), Hayashi Nobumitsu in New Delhi today. Gold prices decline Rs 130, trades at Rs 58,845/ 10 grams https://newsonair.gov.in/Main-News-Details.aspx?id=465820 BNE Gold prices today declined 130 rupees at Multi Commodity Exchange for October contracts. Asian stock markets ended with losses https://newsonair.gov.in/Main-News-Details.aspx?id=466216 BNE Asian stock markets today ended with losses. South Korea's Kospi tumbled 1.8 percent, Japan's Nikkei-225 plunged one and a half percent and Hong Kong's Hang Seng index declined 1.4 percent. Oil prices change as China worries against expectations of tighter supply in US https://newsonair.gov.in/Main-News-Details.aspx?id=465821 BNE Oil prices were little changed today as investors weighed worries about China's embattled economy against expectations of tighter supply in the United States. Rupee closes at 82.95 against US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=466098 BNE In the forex market, the rupee closed at 82 rupees and 95 paise against the US dollar. New Mineral Regulation Act Aims to Boost Private Investment and Self-Reliance in Mining Sector https://newsonair.gov.in/Main-News-Details.aspx?id=466200 BNE In a recent discussion on Akashvani's program "Spotlight," the spotlight was on the Mines and Minerals Development and Regulation Act 2023, a game-changing policy reform aimed at revitalizing India's mineral sector. Russia hikes interest rates to 12% after Rouble falls to its lowest value in 16 months https://newsonair.gov.in/Main-News-Details.aspx?id=466165 BNE Russia has hiked interest rates to 12 percent after the rouble fell to its lowest value in 16 months. The currency fell past 100 per dollar yesterday, prompting Russia's central bank to hold an emergency meeting. India’s overall exports in July this year estimated at 59.43 billion dollars, despite global headwinds https://newsonair.gov.in/Main-News-Details.aspx?id=466105 BNE India’s overall exports in July this year are estimated at 59.43 billion dollars, despite global headwinds. Centre to E-auction 50 Lakh MT of wheat and 25 LMT of rice to tame inflation and enhance food availability https://newsonair.gov.in/Main-News-Details.aspx?id=466063 BNE The Centre has decided to release 50 Lakh Metric Tonnes of wheat and 25 LMT of rice through E-auctions under the Open Market Sale Scheme (Domestic) or OMSS (D) scheme. Index of Industrial Production growth at 3.7 percent in June 2023 from 5.3 percent in May 2023 https://newsonair.gov.in/Main-News-Details.aspx?id=465983 BNE The index of industrial production grew by 3.7 percent in June 2023 from 5.3 percent in May this year. As per the Ministry of Statistics and Programme Implementation data released today, manufacturing sector's output grew by 3.1 percent and Mining output rose by 7.6 percent for the reported peri Asian stock markets end in red; European Markets also down in intra-day trade https://newsonair.gov.in/Main-News-Details.aspx?id=465824 BNE Asian stock markets today ended in red. China's Shanghai Composite index declined two percent and Hong Kong's Hang Seng index depreciated 0.9 percent. Wall Street's main indices end in green as investors worry about U.S. economy's longer-term prospects https://newsonair.gov.in/Main-News-Details.aspx?id=465904 BNE Wall Street's main indices ended in green yesterday, due to milder-than-feared inflation data as investors worried about the U.S. economy's longer-term prospects. Forex Market: Rupee closes at 82.84 against US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=465696 BNE In the forex market, the rupee closed at 82 rupees and 84 paise against the US dollar. US benchmark stocks finished lower in broad sell-off after downgrading of several lenders by credit rating agency Moody https://newsonair.gov.in/Main-News-Details.aspx?id=465823 BNE All three major US benchmark stocks finished lower yesterday in a broad sell-off after the downgrading of several lenders by credit rating agency Moody. Gold prices fall Rs 40, trades at Rs 59,380/ 10 gram https://newsonair.gov.in/Main-News-Details.aspx?id=465701 BNE Gold prices today fell 40 rupees at Multi Commodity Exchange for October contracts. The precious metal was trading at 59,380 rupees per 10 grams. Asian stock markets traded mixed https://newsonair.gov.in/Main-News-Details.aspx?id=465699 BNE Asian stock markets today traded mixed. Japan's Nikkei-225 gained 0.4 percent and Singapore's Straits Times index rose marginally by 0.1 percent. Oil prices surge to highest levels since mid-April after Saudi Arabia and Russia pledge to extend supply cuts https://newsonair.gov.in/Main-News-Details.aspx?id=465702 BNE Oil prices on Monday (07 August 2023) surged to their highest levels since mid-April, after top producers Saudi Arabia and Russia pledged to extend supply cuts through September, further tightening supplies. Global crude oil prices rise for 6th straight week, after top producers Saudi Arabia & Russia extended supply cuts through September, adding to undersupply concerns https://newsonair.gov.in/Main-News-Details.aspx?id=465656 BNE Global crude oil prices rose for the sixth straight week, after top producers Saudi Arabia and Russia extended supply cuts through September, adding to undersupply concerns. Centre clarifies there is no ban on import of IT Hardware like tablets and laptops after obtaining valid license https://newsonair.gov.in/Main-News-Details.aspx?id=465545 BNE The Centre has clarified that there is no ban on the import of IT Hardware like tablets and laptops as such devices can be imported after obtaining a valid license by companies or traders. Oil slid further after dropping sharply from more than three-month highs in previous session https://newsonair.gov.in/Main-News-Details.aspx?id=465227 BNE Oil slid further today after dropping sharply from more than three-month highs in the previous session. Rupee closes at 82.73 against the US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=465462 BNE In the forex market, the rupee closed at 82 rupees and 73 paise against the US dollar. Asian stocks lost except China's Shanghai Composite which gains 0.6 percent https://newsonair.gov.in/Main-News-Details.aspx?id=465232 BNE Asian stocks lost except China's Shanghai Composite which gained 0.6 percent. Japan's Nikkei-225 declined 1.7 percent, Singapore's Straits Times index fell 0.6 percent, Hong Kong's Hang Seng index lost 0.5 percent and South Korea's Kospi slipped 0.4 percent. US stocks slump after Fitch's downgrade of US sovereign credit rating https://newsonair.gov.in/Main-News-Details.aspx?id=465456 BNE US stocks slumped yesterday after Fitch's downgrade of the United States' sovereign credit rating. Gold prices fall Rs 40, trades at Rs 59,088/ 10 gram https://newsonair.gov.in/Main-News-Details.aspx?id=465231 BNE Gold prices today fell a meagre 40 rupees at Multi Commodity Exchange for August contracts. The precious metal was trading at 59,088 rupees per 10 gram. Silver declined 710 rupees to trade at 72,250 rupees per kilogram for September Contracts. Finance Minister Nirmala Sitharaman says that 28 % GST increased on casinos and online gaming https://newsonair.gov.in/Main-News-Details.aspx?id=465350 BNE Finance Minister Nirmala Sitharaman today said that 28 percent GST on casinos and online gaming will be levied on face value. Three major US indices traded in narrow range ahead of U.S. jobs data and major companies' earnings https://newsonair.gov.in/Main-News-Details.aspx?id=465389 BNE The S&P 500 and Nasdaq closed weaker yesterday. The three major US indices traded in a narrow range, on the first day of seasonally slow August, ahead of U.S. jobs data and major companies' earnings reports later this week. National Mineral Development Corporation paving the way towards becoming 100 Million Tonnes mining company: Steel Ministry https://newsonair.gov.in/Main-News-Details.aspx?id=465379 BNE The National Mineral Development Corporation (NMDC) is paving the way towards becoming a 100 Million Tonnes (MT) mining company. India's exports increased phenomenally in recent times: Anupriya Patel https://newsonair.gov.in/Main-News-Details.aspx?id=465376 BNE India's exports, which include merchandise plus services, have increased phenomenally in recent times. In a written reply in the Lok Sabha, Minister of State for Commerce and Industry, Anupriya Patel said the government has taken many steps to improve the country's exports. More than 6 lakh villages including tribal villages covered with broadband connectivity: Devu Singh Chauhan https://newsonair.gov.in/Main-News-Details.aspx?id=465374 BNE More than 6 lakh villages, including tribal villages, are covered with broadband connectivity. In a written reply in the Lok Sabha, Minister of State for Communications, Devu Singh Chauhan said as on March 2022, around 6 lakh 384 villages are connected with broadband out of 6 lakh 44 thousand 131 vi Record number of over six crore 77 lakh Income Tax Returns filed for financial year 2023-24 https://newsonair.gov.in/Main-News-Details.aspx?id=465348 BNE A record over six crore 77 lakh Income Tax Returns, ITRs have been filed for 2023-24. The Central Board of Direct Taxes, CBDT said, the total number of ITRs filed till yesterday is 16 per cent more in comparison to the previous financial year of five crore 83 lakh. Govt envisioned partnerships, international collaborations projects to globalise country’s textiles industry: Piyush Goyal https://newsonair.gov.in/Main-News-Details.aspx?id=465371 BNE Union Minister of Textiles Piyush Goyal said the government has envisioned partnerships and international collaborations projects to globalise the country’s textiles industry. Record over 6.77 crore ITR filed for 2023-24 https://newsonair.gov.in/Main-News-Details.aspx?id=465338 BNE A record of over 6.77 crore Income Tax return, ITR have been filed for 2023-24. Almost 88 percent of Rs 2,000 banknotes have been received back from circulation: RBI https://newsonair.gov.in/Main-News-Details.aspx?id=465313 BNE The Reserve Bank of India has informed that almost 88 percent of the two thousand rupee banknotes have been received back from circulation. GST collection rises 11% to Rs 1.65 lakh crore in July https://newsonair.gov.in/Main-News-Details.aspx?id=465310 BNE The gross goods and services tax, GST, revenue collection for the last month stood at one lakh 65 thousand 105 crore rupees, which is 11 per cent higher than the same month last year. Govt has no plans to merge or disinvest public sector banks in the current financial year: Union Minister Dr. Bhagwat Karad https://newsonair.gov.in/Main-News-Details.aspx?id=465305 BNE All public sector banks in the country are in profit and the government has no plans to merge or disinvest public sector banks in the current financial year. More than 6.5 crore Income Tax Returns filed this financial year so far https://newsonair.gov.in/Main-News-Details.aspx?id=465270 BNE Income Tax Department has said that more than 6.50 crore Income Tax Returns have been filed so far. It said 36 lakh 91 thousand ITRs have been filed till 6 PM yesterday. Combined Index of Eight Core Industries increases by 8.2 % provisionally in June 2023 https://newsonair.gov.in/Main-News-Details.aspx?id=465238 BNE The combined Index of Eight Core Industries (ICI) increased by 8.2 percent provisionally in June this year as compared to the Index of June 2022. Rupee closes at 82.25 against the US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=465237 BNE In the forex market, the rupee closed at 82 rupees and 25 paise against the US dollar. Income Tax Department achieves new milestone with over six crore Income Tax Returns filed this year so far https://newsonair.gov.in/Main-News-Details.aspx?id=465206 BNE The Income Tax (IT) Department has achieved a new milestone with over six crore Income Tax Returns (ITRs) filed this year so far. Around 26 lakh 76 thousand ITRs have been filed till 6.30 pm yesterday. DGCA imposes a fine of Rs. 30 lakhs on Indigo Airlines for certain systemic deficiencies in documentation pertaining to operations, training procedures & engineering procedures https://newsonair.gov.in/Main-News-Details.aspx?id=465089 BNE The Directorate General of Civil Aviation (DGCA) has imposed a fine of 30 lakh rupees on Indigo Airlines for certain systemic deficiencies in documentation pertaining to operations, training procedures, and engineering procedures. U.S. stocks end lower; Dow Jones Industrial Average falls 0.67% https://newsonair.gov.in/Main-News-Details.aspx?id=465081 BNE U.S. stocks ended lower on Thursday after news that the Bank of Japan will allow long-term interest rates to rise sent U.S. yields higher, snapping the longest winning streak for the Dow since 1987. Asian stocks rise; Japan's Nikkei-225 falls 0.4% https://newsonair.gov.in/Main-News-Details.aspx?id=465080 BNE Asian stocks rose except Japan's Nikkei-225, which fell 0.4 percent. Singapore's Straits Times index climbed 1.0 percent, South Korea's Kospi up 0.17 percent, Hong Kong's Hang Seng index gained 1.3 percent and China's Shanghai Composite rose 1.8 percent. Forex Market: Rupee closes at 82.24 against US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=465077 BNE In the forex market, the rupee closed at 82 rupees and 24 paise against the US dollar. Brent crude trades at 83.88 dollars a barrel https://newsonair.gov.in/Main-News-Details.aspx?id=465076 BNE In intra-day trade, Brent crude was trading at 83 dollars and 88 cents a barrel. Gold prices rise Rs 60, to trade at Rs 59,525/ 10 gram https://newsonair.gov.in/Main-News-Details.aspx?id=464590 BNE Gold prices today rose 60 rupees at Multi Commodity Exchange for August contracts. The precious metal was trading at 59,525 rupees per 10 grams. Asian stocks gained except China's Shanghai Composite fall 0.2 % https://newsonair.gov.in/Main-News-Details.aspx?id=465020 BNE Asian stocks gained except China's Shanghai Composite which fell 0.2 percent. Hong Kong's Hang Seng index led the rally, surging 1.4 percent, Singapore's Straits Times index rose one percent, Japan's Nikkei-225 added 0.7 percent and South Korea's Kospi gained 0.4 percent. Rupee closes at 81.95 against US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=464583 BNE In the forex market, the rupee appreciated five paise to close at 81 rupees and 95 paise against the US dollar. US stocks ended mixed after Fed raised highest interest rates in more than two decades https://newsonair.gov.in/Main-News-Details.aspx?id=464963 BNE U.S. stocks ended mixed yesterday after the Federal Reserve raised interest rates to their highest level in more than two decades. Brent crude price climbs more than half a percent, recouping losses from previous session https://newsonair.gov.in/Main-News-Details.aspx?id=464579 BNE Brent crude price climbed more than half a percent, recouping losses from the previous session. Its rise was supported by supply tightness owing to OPEC production cuts and renewed optimism on the outlook for Chinese demand and global growth. Stock Market: Sensex tumbles 440 points, Nifty to end at 19,660 https://newsonair.gov.in/Main-News-Details.aspx?id=464889 BNE Key domestic benchmark closed with losses of more than half a percent. The BSE Sensex tumbled 440 points, or 0.66 percent, to finish at 66,267. US Market: S&P 500 index rise 0.3% and Dow Jones Industrial Average added 0.1% https://newsonair.gov.in/Main-News-Details.aspx?id=464962 BNE The tech-heavy Nasdaq closed higher yesterday before earnings reports from megacap technology companies Alphabet and Microsoft. The Nasdaq Composite index gained 0.6 percent. IMF raises India's growth forecast to 6.1% for current fiscal https://newsonair.gov.in/Main-News-Details.aspx?id=464911 BNE International Monetary Fund (IMF) has raised India’s growth forecast, projecting a Gross Domestic Product (GDP) growth of 6.1 per cent in the current fiscal. Indian Pharmaceuticals Industry turnover increases from Rs 2.26 lakh cr in 2017-2018 to over Rs 3.44 lakh cr in 2021-22 https://newsonair.gov.in/Main-News-Details.aspx?id=464886 BNE The Indian Pharmaceuticals Industry turnover has increased from 2.26 lakh crore rupees in 2017-2018 to over 3.44 lakh crore rupees in 2021-22. Sensex falls 51 points; Nifty slips 11 points https://newsonair.gov.in/Main-News-Details.aspx?id=463431 BNE The Key domestic share indices today fell marginally in the afternoon trade. The BSE Sensex fell 51 points to trade at 66,333.