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 Indian pharma exports grow at 18% to 24.44 billion dollars in FY 21 http://newsonair.nic.in/Main-News-Details.aspx?id=414538 BNE India's pharma exports jumped over 18 percent to 24.4 billion dollars during the last financial year in comparison to the 2020 fiscal year. DoT gets Rs 2,307 cr from Jio, Airtel by assigning some spectrum immediately http://newsonair.nic.in/Main-News-Details.aspx?id=414419 BNE Department of Telecom on Friday successfully completed the assignment of frequencies to successful bidders of the Spectrum Auction, 2021. Gold prices gain Rs 215; Silver climbs Rs 250 http://newsonair.nic.in/Main-News-Details.aspx?id=414391 BNE Gold prices on Friday climbed in sync with the price gains in international bullion markets. Oil edges up to fresh 4-week highs as demand outlook improves http://newsonair.nic.in/Main-News-Details.aspx?id=414390 BNE Oil prices on Friday edged up to fresh four-week highs on positive U.S. economic data as Brent prices climbed to trade beyond 67 dollars per barrel mark. Rupee strengthens 57 paise to settle at Rs 74.36 against dollar http://newsonair.nic.in/Main-News-Details.aspx?id=414387 BNE The rupee, at the foreign exchange market, today strengthened 57 paise to settle at 74 rupees and 36 paise against the US dollar. S&P 500, Dow hit record highs http://newsonair.nic.in/Main-News-Details.aspx?id=414379 BNE The S&P 500 and the Dow hit record highs on Thursday as easing inflation concerns boosted investor sentiment. Sensex, Nifty close with modest gains http://newsonair.nic.in/Main-News-Details.aspx?id=413577 BNE The Sensex and the Nifty today closed with modest gains. The domestic stocks rose amid the gains in global equity markets as investors sentiment boosted after the many big companies world-wide posted good profit for the quarter ended last month. Rupee strengthens 57 paise to Rs 74.36 against US dollar http://newsonair.nic.in/Main-News-Details.aspx?id=414043 BNE The rupee, at the foreign exchange market, strengthened 57 paise to 74 rupees and 36 paise against the US dollar in the afternoon deals. India's merchandise exports rise 60.3 percent at 34.5 billion dollars in March http://newsonair.nic.in/Main-News-Details.aspx?id=414328 BNE India's merchandise exports rose 60.3 percent at 34.5 billion dollars in March as compared to the same month last year, while country's imports jumped 54 percent to 48.4 billion dollars, Ministry of Commerce & Industry data showed. Wipro reports nearly 28% growth in its consolidated net profit at Rs 2,972.3 cr in March quarter http://newsonair.nic.in/Main-News-Details.aspx?id=414301 BNE IT major, Wipro today reported nearly a 28 percent growth in its consolidated net profit at 2,972.3 crore rupees in the March quarter, in comparison to the same quarter last year. Key Asian stock markets end trading mixed http://newsonair.nic.in/Main-News-Details.aspx?id=414230 BNE Key Asian stock markets ended mixed today tracking weakness in Chinese stocks as recent upbeat economic data raised fears of monetary policy tightening, while the dollar index struggled near one-month lows. Oil prices remain close to one-month high http://newsonair.nic.in/Main-News-Details.aspx?id=414231 BNE Crude oil prices eased today but remained close to a one-month high driven by more positive demand forecasts from the International Energy Agency and OPEC as major economies recover from the pandemic. Gold prices gain Rs 247; Silver climbs Rs 412 http://newsonair.nic.in/Main-News-Details.aspx?id=414076 BNE Gold prices today gained 247 rupees per ten grams at Multi Commodity Exchange for June contracts. Wholesale Inflation rate rises above seven percent http://newsonair.nic.in/Main-News-Details.aspx?id=414282 BNE Wholesale Inflation rate in the country zoomed above 7 per cent driven by an increase in prices of fuel, food and manufactured goods. FM N Sitharaman, President World Bank Group David Malpass meet through virtual mode http://newsonair.nic.in/Main-News-Details.aspx?id=414152 BNE Finance Minister Nirmala Sitharaman and President World Bank Group David Malpass met through virtual mode today. Oil prices edge higher on tensions in West Asia http://newsonair.nic.in/Main-News-Details.aspx?id=414075 BNE Oil prices today edged higher on tensions in West Asia after the Yemen-based Houthi movement said it fired missiles on Saudi oil sites. Revenue Collection for last fiscal outshines all estimates to affirm India's robust growth trajectory http://newsonair.nic.in/Main-News-Details.aspx?id=414128 BNE Revenue Collection for the last fiscal has outshined all estimates to affirm India's robust growth trajectory. RTGS services won’t be available for 14 hours on April 18 due to technical upgrade, says RBI http://newsonair.nic.in/Main-News-Details.aspx?id=414079 BNE The Real-Time Gross Settlement (RTGS) service will not be available for 14 hours on Sunday due to technical upgrade. RBI has said the service will not be available from midnight to 2 PM. Govt committed to uplift MSME sector, says Nitin Gadkari http://newsonair.nic.in/Main-News-Details.aspx?id=414039 BNE Micro, Small and Medium Enterprises Minister Nitin Gadkari has said that the government is committed for the uplift of MSME sector in the country. Rupee falls 131 paise to 74.75 against US dollar http://newsonair.nic.in/Main-News-Details.aspx?id=413739 BNE The rupee, in the business week ended yesterday, witnessed a big fall of 131 paise against the US dollar to 74 rupees and 75 paise per dollar. S&P 500 and Dow close at record highs http://newsonair.nic.in/Main-News-Details.aspx?id=413929 BNE The S&P 500 and the Dow rose yesterday to close at record highs, posting a third straight weekly rise. The gains in the US stocks came mainly due to rise in growth stocks. The indices logged gains ahead of quarterly earnings season next week. Nirmala Sitharaman participates in 103rd Meeting of World Bank Development Committee Plenary http://newsonair.nic.in/Main-News-Details.aspx?id=413908 BNE Union Minister for Finance Nirmala Sitharaman participated in the 103rd Meeting of the Development Committee Plenary of World Bank through video conferencing. Oil prices hold steady as investors weigh rising supplies, demand outlook http://newsonair.nic.in/Main-News-Details.aspx?id=413650 BNE Oil prices today fell as investors weighed rising supplies from major producers and the impact on fuel demand from the COVID-19 pandemic. Gold prices fall 250 rupees per 10 gram at Multi Commodity Exchange for April contracts http://newsonair.nic.in/Main-News-Details.aspx?id=413813 BNE Gold prices on Friday fell 250 rupees per 10 gram at Multi Commodity Exchange for April contracts. Gold futures were trading around 46,585 rupees per ten gram. Asian stocks fall after reports of rise in inflation in China http://newsonair.nic.in/Main-News-Details.aspx?id=413888 BNE Most Asian equity markets fell after reports of rise in inflation in China that could prompt authorities to act to cool the inflation. Direct Tax collections for last financial year go up by 5 pct to Rs 9.45 lakh crore http://newsonair.nic.in/Main-News-Details.aspx?id=413871 BNE Direct Tax collections for the last financial year show growth of almost five per cent despite the challenges posed by the Covid-19 pandemic. FM Nirmala Sitharaman attends Plenary Meeting of IMF & Financial Committee of IMF http://newsonair.nic.in/Main-News-Details.aspx?id=413834 BNE Finance Minister Nirmala Sitharaman today attended the Plenary Meeting of the International Monetary and Financial Committee of the International Monetary Fund, IMF through video conferencing. Most Asian stocks traded in narrow range & ended mixed http://newsonair.nic.in/Main-News-Details.aspx?id=413809 BNE Most Asian stocks today traded in a narrow range and ended mixed. S&P 500, Dow close with marginal gains http://newsonair.nic.in/Main-News-Details.aspx?id=413801 BNE The S&P 500 and the Dow closed with marginal gains with support of financial stocks. Pradhan Mantri Mudra Yojana completes six years; loans worth Rs 15 lakh cr sanctioned so far http://newsonair.nic.in/Main-News-Details.aspx?id=413796 BNE Pradhan Mantri MUDRA Yojana has completed six years. It is a scheme under which loans of upto 10 Lakh rupees are provided to the non-corporate, non-farm, small and micro enterprises. Money kept in various cash wallets can be withdrawn from ATM and PoS terminals soon, says RBI http://newsonair.nic.in/Main-News-Details.aspx?id=413766 BNE Soon money kept in various cash wallets can be withdrawn from ATM and Point of Sale terminals. The Reserve Bank of India today announced this decision after a meeting of the Monetary Policy Committee's Meeting. Detailed instructions will be issued separately. Dow Jones Industrial Average falls 0.3 per cent, S&P 500 and Nasdaq Composite index fall marginally http://newsonair.nic.in/Main-News-Details.aspx?id=413765 BNE The three major US stocks fell yesterday but stayed near closing record highs posted in consecutive sessions, as investors weighed more strong U.S. economic data against nervousness about upcoming quarterly earnings reports. RBI decides to publish Financial Inclusion Index http://newsonair.nic.in/Main-News-Details.aspx?id=413764 BNE The Reserve Bank of India has decided to publish the Financial Inclusion Index. SBI Chairman Dinesh Kara says, RBI'S policy statement leaves clear imprint on growth http://newsonair.nic.in/Main-News-Details.aspx?id=413762 BNE SBI Chairman Dinesh Kara said that the RBI'S policy statement leaves a clear imprint on growth. He said, The RBI policy statement is a clear commitment to assuage uncertainties in the market through guaranteed, continued liquidity support and explicit guidance to navigate through the current COV RBI keeps repo rate and reverse repo rate unchanged; retains GDP growth projection at 10.5 per cent for Fiscal Year 2021-22 http://newsonair.nic.in/Main-News-Details.aspx?id=413702 BNE Reserve Bank of India Governor Shaktikanta Das today said that the monetary policy committee voted unanimously to leave the repo rate and reverse repo rate unchanged at 4 and 3.3.5 per cent, respectively. Gold prices rise Rs 280 per 10 gram at Multi Commodity Exchange for April contracts http://newsonair.nic.in/Main-News-Details.aspx?id=413651 BNE Gold prices today rose Rs 280 per 10 gram at Multi Commodity Exchange for April contracts. Asian shares trade mixed with majority of Asian stocks pulling back from 3-week high dragged by Chinese stocks http://newsonair.nic.in/Main-News-Details.aspx?id=413722 BNE Asian shares today traded mixed. Majority of Asian stocks pulled back from a three-week high dragged by Chinese stocks. IMF upgrades its growth projection for India to 12.5 per cent for FY 2021-22 http://newsonair.nic.in/Main-News-Details.aspx?id=413670 BNE The International Monetary Fund (IMF) has upgraded its growth projection for India to 12.5 per cent for the Financial Year 2021-22. FPIs invest Rs 2.74 lakh cr in equity markets during FY 21 http://newsonair.nic.in/Main-News-Details.aspx?id=413640 BNE Strong Foreign Portfolio Investment inflows into the Indian equity markets worth over 2 lakh 74 thousand crore rupees took place in the last financial year. Gold prices fall Rs 90 per 10 gram at Multi Commodity Exchange for April contracts http://newsonair.nic.in/Main-News-Details.aspx?id=413592 BNE Gold prices today fell Rs 90 per 10 gram at Multi Commodity Exchange for April contracts. Spices Board India under Ministry of Commerce and Industry and UNDP India’s Accelerator Lab sign MoU http://newsonair.nic.in/Main-News-Details.aspx?id=413590 BNE Spices Board India under Ministry of Commerce and Industry and UNDP India’s Accelerator Lab today signed a MoU with the aim to build a blockchain based traceability interface for Indian spices to enhance transparency in supply chain and trade. Oil prices fall more than two and half per cent amid rising supply from OPECcountries http://newsonair.nic.in/Main-News-Details.aspx?id=413589 BNE Oil prices today fell more than two and half per cent amid rising supply from OPECcountries. Higher Iranian output also impacted the crude prices. Rupee appreciates marginally by 2 paise to Rs 73.30 paise against US dollar http://newsonair.nic.in/Main-News-Details.aspx?id=413588 BNE The rupee, at the foreign exchange market, today appreciated marginally by two paise to Rs 73.30 paise against the US dollar. Asian stock markets climb following last business session of US equity indices with Wall Street stocks hitting record high http://newsonair.nic.in/Main-News-Details.aspx?id=413587 BNE Asian stock markets today climbed following the last business session of the US equity indices in which the Wall Street stocks hit a record high on optimism the spread of Coronavirus vaccines might allow global business to return to normal. Banks sanction more than Rs 25,500 cr to over one lakh fourteen thousand accounts under Stand-Up India Scheme in 5 years http://newsonair.nic.in/Main-News-Details.aspx?id=413576 BNE More than 25,586 crore Rupees were sanctioned to over 1,14,322 accounts by the Banks under Stand-Up India Scheme in 5 years. Government brings ordinance for pre-packaged insolvency resolution of MSMEs under Insolvency and Bankruptcy Code http://newsonair.nic.in/Main-News-Details.aspx?id=413571 BNE The government has introduced an ordinance for a pre-packaged insolvency resolution process for pandemic-hit micro, small and medium enterprises (MSMEs), which will be completed within 120 days. Govt allows further operational flexibility in filing of GST returns http://newsonair.nic.in/Main-News-Details.aspx?id=413492 BNE Government has allowed further flexibility to tax filers operating under the Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme of GST. India's exports rise 58.23 pc to 34 billion dollars in March http://newsonair.nic.in/Main-News-Details.aspx?id=413454 BNE India’s merchandise exports in March 2021 increased an impressive 58.23 percent to 34 billion dollars as compared to 21.49 billion dollars in March last year. India pitches for easing cuts in crude oil production http://newsonair.nic.in/Main-News-Details.aspx?id=413418 BNE India on Friday pressed for easing cuts in crude oil production saying high oil prices are hurting the consumption-led recovery of several countries. GST revenue collection hits new record of over Rs 1.23 lakh crore in March 2021 http://newsonair.nic.in/Main-News-Details.aspx?id=413311 BNE GST Revenue collection for March 2021 has set a new record with highest ever collection of 1 lakh 23 thousand 902 crore rupees. The GST revenue collected in the last month is 27 per cent higher than that collected in March last year. Over 7 crore E-way bills generated in March; highest in a month during last three years http://newsonair.nic.in/Main-News-Details.aspx?id=413340 BNE E-way bill system under Goods and Service Tax has achieved a new milestone in the last month. More than seven crores e-way bills have been generated in the previous month which is the highest number of bills generated in any month during the last three years’ journey of e-way billing system. CBDT notifies Income Tax Return Forms for Assessment Year 2021-22 http://newsonair.nic.in/Main-News-Details.aspx?id=413354 BNE The Central Board of Direct Taxes has notified Income Tax Return Forms for the Assessment Year 2021-22. BSE StAR MF processes over 9.38 crore transactions in FY 2020-21 http://newsonair.nic.in/Main-News-Details.aspx?id=413342 BNE In spite of a tumultuous fiscal, BSE StAR MF processed over 9.38 crore transactions amounting to Rs. 3,33,095 cr in the financial year 2020-21. RBI extends timeline for processing of recurring online transactions by 6 months http://newsonair.nic.in/Main-News-Details.aspx?id=413296 BNE Reserve Bank of India has extended the timeline by six months for banks and other financial institutions to migrate to the new framework for processing the recurring online transactions. Oil prices rise on optimism about US and European economic recoveries http://newsonair.nic.in/Main-News-Details.aspx?id=413085 BNE Oil prices rose on optimism about U.S and European economic recoveries and hopes that OPEC and its allies will keep production curbs in place considering surging Covid-19 cases worldwide. Gold prices gain 60 rupees per 10 gram at Multi Commodity Exchange for April contracts http://newsonair.nic.in/Main-News-Details.aspx?id=413142 BNE Gold prices on Thursday gained 60 rupees per 10 gram at Multi Commodity Exchange for April contracts. Gold futures were trading around 44,700 rupees per ten gram. Rupee weakens 33 paise to Rs 73.44 against dollar http://newsonair.nic.in/Main-News-Details.aspx?id=413223 BNE The rupee, at the foreign exchange market, today weakened 33 paise to 73 rupees and 44 paise against the US dollar. Asian stocks climb as investors taken cues from strong economic data from China and Japan http://newsonair.nic.in/Main-News-Details.aspx?id=413332 BNE Asia Pacific stocks today climbed as investors taken cues from strong economic data from China and Japan as well as from a new U.S. infrastructure plan. CBDT issues pending refunds of over Rs 2,62,000 crore in last financial year http://newsonair.nic.in/Main-News-Details.aspx?id=413331 BNE Central Board of Direct Taxes, CBDT has issued pending refunds of more than two lakh 62 thousand crore rupees in the last financial year. NTPC to issue tender to procure vehicles which run on hydrogen fuel http://newsonair.nic.in/Main-News-Details.aspx?id=413328 BNE Government is focusing on alternative fuels like hydrogen cell to reduce dependence on fossil fuels. Indian Railways earns over Rs 1,17,000 crore from freight loading in 2020-21 http://newsonair.nic.in/Main-News-Details.aspx?id=413327 BNE Indian Railways has earned more than one lakh 17 thousand crore rupees from freight loading in 2020-21. Railways Ministry said, despite the Covid challenges, it is three per cent higher than the last year’s earning from freight. Rs 11,830 crore released to States under the scheme “Special Assistance to States for Capital Expenditure” http://newsonair.nic.in/Main-News-Details.aspx?id=413317 BNE Finance Ministry has released an amount of 11 thousand 830 crore rupees to States under the scheme - Special Assistance to States for Capital Expenditure. UPI records over Rs 5 lakh crore worth transactions in March http://newsonair.nic.in/Main-News-Details.aspx?id=413314 BNE Digital Transactions through UPI in the country crossed another milestone last month recording transaction value of 5 lakh 4 thousand crore rupees. Sensex closes above 50,000, Nifty at 14,867 http://newsonair.nic.in/Main-News-Details.aspx?id=413136 BNE The Sensex and the Nifty on Thursday logged gains of more than one percent. The Sensex at Bombay Stock Exchange closed above 50,000 mark amid strong gains in the global equity markets. Finance Ministry releases Rs 45,000 crore as additional devolution to States in FY 2020-21 http://newsonair.nic.in/Main-News-Details.aspx?id=413312 BNE Finance Ministry has released 45 thousand crore rupees as additional devolution to States in Financial Year 2020-21. This is an increase of 8.2 per cent over Revised Estimates 2020-21. World Bank says India’s GDP to grow from 7.5 to 12.5 per cent during current fiscal http://newsonair.nic.in/Main-News-Details.aspx?id=413278 BNE World Bank has raised Indian GDP growth prediction for 2021-22 fiscal to 10.1 percent from 5.4 percent projected in January. Changes in income tax rules to come into force from Thursday http://newsonair.nic.in/Main-News-Details.aspx?id=413247 BNE Union Finance Minister Nirmala Sitharaman had announced some changes in the income tax rules, presenting Union Budget 2021-22, which are set to come into force from tomorrow. Asian stocks decline logging first monthly loss since last October http://newsonair.nic.in/Main-News-Details.aspx?id=413230 BNE Asian stocks today declined logging their first monthly loss since last October. Japan's NIKKEI-225 plunged 0.9 per cent, Singapore's Straits Times fell 0.8 per cent and Hong Kong's Hang Seng declined 0.7 per cent. RBI lowers base rate by 15 basis points at 7.81 % http://newsonair.nic.in/Main-News-Details.aspx?id=413207 BNE Various loans offered by Non-Banking Finance Companies (NBFC) and Micro Finance institutes (MFI) are expected to be cheaper from Tomorrow. Asian markets end higher today http://newsonair.nic.in/Main-News-Details.aspx?id=413138 BNE Asian markets ended higher today, as investors remained focused on the global vaccination program and shook off worries about a hedge fund default in the US that hit international banking stocks overnight. Key indices ended mixed yesterday http://newsonair.nic.in/Main-News-Details.aspx?id=413133 BNE On Wall Street, key indices ended mixed yesterday. With the S&P 500 closing nearly flat, Banking shares fell amid warnings of potential losses from a hedge fund's default on margin calls, while optimism over the economy limited the day's declines. Govt receives multiple EoI for privatisation of Neelachal Ispat Nigam Ltd http://newsonair.nic.in/Main-News-Details.aspx?id=413083 BNE Government has received multiple expressions of interest for privatisation of Neelachal Ispat Nigam Ltd (NINL). European stocks trade mixed and in narrow range due to new lockdowns and slow vaccination programme http://newsonair.nic.in/Main-News-Details.aspx?id=413084 BNE European stocks today traded mixed and in a narrow range as new lockdowns in the continent and a slower-than-expected vaccination programme dented the economic outlook for Europe. Asian equity markets climb on optimism that vaccines might allow business and travel to return to normal http://newsonair.nic.in/Main-News-Details.aspx?id=412898 BNE Asian equity markets climbed on optimism that vaccines might allow business and travel to return to normal. Ministry of Commerce chalks out four-point plan to deal with situation arising from blockage of Suez Canal http://newsonair.nic.in/Main-News-Details.aspx?id=412916 BNE Ministry of Commerce and Industry has said that a four-point plan has been chalked out to deal with the situation arising from the blockage of Suez Canal. Sensex, Nifty witness fall during week ended on Friday http://newsonair.nic.in/Main-News-Details.aspx?id=412532 BNE The Sensex and the Nifty fell during the week ended on Friday. The key domestic stocks declined more than one and half a percent, during the week, amid negative cues from the global markets. US stocks rise yesterday as investors bought stocks likely to do well in recovery http://newsonair.nic.in/Main-News-Details.aspx?id=412902 BNE US stocks rose yesterday as investors bought stocks likely to do well in the recovery. Labor Department data showing decline in number of Americans claimed unemployment also boosted sentiment. Rupee strengthens 11 paise at foreign exchange market http://newsonair.nic.in/Main-News-Details.aspx?id=412543 BNE The rupee, at the foreign exchange market, strengthened 11 paise to Rs 72.52 against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, remained flat at 92.85. Oil prices rise two per cent http://newsonair.nic.in/Main-News-Details.aspx?id=412644 BNE Oil prices today rose two percent rebounding on concerns that it could take weeks to dislodge a giant container ship blocking the Suez Canal, which would squeeze supplies of crude and refined products. Gold prices fall Rs 110 per 10 gram at Multi Commodity Exchange for April contracts http://newsonair.nic.in/Main-News-Details.aspx?id=412535 BNE Gold prices today fell Rs 110 per 10 gram at Multi Commodity Exchange for April contracts. Gold futures was around Rs 44,580 per ten gram. Silver futures also declined Rs 30 to trade around Rs 64,840 per kilogram for May contracts. RBI announces special measures for annual closing of govt accounts for current financial year http://newsonair.nic.in/Main-News-Details.aspx?id=412856 BNE Reserve Bank of India has announced special measures for annual closing of government accounts for the current financial year. A special clearing will be conducted for collection of government cheques on 31st March 2021. RBI Guv Shaktikanta Das says, India to become Asia’s top financial technology hub http://newsonair.nic.in/Main-News-Details.aspx?id=412781 BNE Reserve Bank Governor Shaktikanta Das today reiterated that, Bank is fully committed to use all policy tools to secure a robust recovery of the economy from the debilitating effects of the pandemic. Asian shares plunge as coronavirus lockdowns in Europe http://newsonair.nic.in/Main-News-Details.aspx?id=412744 BNE Asian shares today plunged as coronavirus lockdowns in Europe and potential U.S. tax hikes hit investors' risk appetite. Japan's NIKKEI-225 and Hong Kong's Hang Seng, both tumbled more than two percent. Fitch Ratings revises India's growth estimate to 12.8% for next fiscal http://newsonair.nic.in/Main-News-Details.aspx?id=412682 BNE American credit rating agency Fitch has revised India's GDP growth estimate to 12.8% for next fiscal from the previous 11% on the back of a stronger carryover effect, a looser fiscal stance, and better virus containment. Asian markets end mostly lower http://newsonair.nic.in/Main-News-Details.aspx?id=412569 BNE Asian markets ended mostly lower today. So Japan's Nikkei-225 index fell 0.6 percent; China's Shanghai Composite index dropped 0.9 percent; Hong Kong's Hang Seng index declined 1.3 percent and South Korea's Kospi index slipped 1 percent. But Singapore's Straits Times index ended Bamboo industry in India will be worth Rs. 25 to 30 thousand crore: Nitin Gadkari http://newsonair.nic.in/Main-News-Details.aspx?id=412628 BNE MSME Minister Nitin Gadkari expressed hope that with integrated efforts from all stakeholders, bamboo industry in India will be worth 25 to 30 thousand crore rupees. Central PSU Power Grid Corporation of India Limited established e-Tendering Portal-PRANIT http://newsonair.nic.in/Main-News-Details.aspx?id=412623 BNE Power Grid Corporation of India Limited, a central PSU, has established an e-Tendering Portal-PRANIT. This will lead to less paperwork, ease of operation and make the tendering process more transparent. Over 23 lakh loans sanctioned to beneficiaries under PM SVANidhi scheme http://newsonair.nic.in/Main-News-Details.aspx?id=412594 BNE Government has said that more than 23 lakh loans have been sanctioned to the beneficiaries under the Pradhan Mantri Street Vendors, Atma Nirbhar Nidhi Scheme - PM SVANidhi. India supplies two Mobile Harbour Cranes each weighing 100 tons to Iran http://newsonair.nic.in/Main-News-Details.aspx?id=412581 BNE India supplied two Mobile Harbour Cranes (MHCs) each weighing 100 tons to Iran yesterday. In a tweet, Indian Embassy in Iran said it is part of India's continued commitment towards development of phase-I of Shahid Beheshti port in Chabahar. More than 57,000 lakh rupees disbursed under Atal Pension Yojana till February this year http://newsonair.nic.in/Main-News-Details.aspx?id=412579 BNE Government has said that more than 57 thousand lakh rupees have been disbursed under Atal Pension Yojana till February this year. Oil prices remain steady amid drop in demand worries http://newsonair.nic.in/Main-News-Details.aspx?id=412544 BNE Oil prices today remained steady amid worries about a drop in demand for fuel products. Over 1.38 lakh new companies registered from April, 2020 to Feb 2021: Govt http://newsonair.nic.in/Main-News-Details.aspx?id=412542 BNE More than one lakh 38 thousand new companies have been registered from April, 2020 to February 2021. Transport Ministry advises depts, organizations to strengthen security after CERT-In alert http://newsonair.nic.in/Main-News-Details.aspx?id=412498 BNE The Road, Transport and Highways Ministry has received reports from Indian Computer Emergency Response Team - CERT-In regarding targeted intrusion activities directed towards Indian Transport sector with possible malicious intentions. NPPA brings 80 plus medicines under Price Regulation http://newsonair.nic.in/Main-News-Details.aspx?id=412394 BNE National Pharmaceutical Pricing Authority, NPPA has brought 80 plus medicines under Price Regulation. NPPA has fixed the price of 81 medicines including off-patent anti-diabetic drugs allowing due benefits of patent expiry to the patients. Govt gets Rs 747 cr from GAIL share buy back http://newsonair.nic.in/Main-News-Details.aspx?id=412360 BNE Secretary, Department of Investment and Public Asset Management (DIPAM) Tuhin Kanta Pandey has said that GAIL buyback of shares have been fully subscribed. India in process of setting up national bank for funding infrastructure investments: Sitharaman http://newsonair.nic.in/Main-News-Details.aspx?id=412353 BNE Finance Minister Nirmala Sitharaman on Friday said that India has committed budgetary resources for resilient infrastructure and it is in the process of setting up a national bank for funding infrastructure investments. Oil prices fall for 6th session in a row amid worries about demand http://newsonair.nic.in/Main-News-Details.aspx?id=412134 BNE Oil prices today fell for sixth session in a row amid worries about demand. Gold prices rise Rs. 35 per 10 gram at MCX http://newsonair.nic.in/Main-News-Details.aspx?id=412324 BNE Gold prices on Friday rose 35 rupees per 10 gram at Multi Commodity Exchange for April contracts in sync with gains in the international markets. Rupee appreciates 1 paise to Rs 72.52 against US dollar http://newsonair.nic.in/Main-News-Details.aspx?id=412305 BNE The rupee on Friday appreciated marginally by one paise to 72 rupees and 52 paise against the US dollar. Over 44,000 Startups recognized by Department for promotion of Industry and Internal trade: Som Parkash http://newsonair.nic.in/Main-News-Details.aspx?id=412320 BNE Minister of State for Commerce and Industry Som Parkash on Friday informed the Rajya Sabha that over 44 thousand Startups have been recognized by the Department for promotion of Industry and Internal trade since the launch of the initiative. Govt has taken various measures from time to time to stabilize prices of essential food items: Raosaheb Danve http://newsonair.nic.in/Main-News-Details.aspx?id=412317 BNE Government has taken various measures from time to time to stabilize prices of essential food items. Rating agency Moody's projects India's GDP to grow by 12 % this year http://newsonair.nic.in/Main-News-Details.aspx?id=412309 BNE American business and financial services company Moody's Analytics has projected India's GDP to grow by 12% in 2021. In an earlier estimate last November, it had said India’s GDP will grow at 9% in the calendar year. Paddy procurement for Kharif season 2020-21 continuing smoothly with purchase of over 690.51 LMT of paddy till now http://newsonair.nic.in/Main-News-Details.aspx?id=412271 BNE Paddy procurement for Kharif season 2020-21 is continuing smoothly in the procuring states and UTs with purchase of over 690.51 Lakh Metric Tonnes of paddy till now. Country’s economy witnessing ‘V’ shaped recovery: MoS Anurag Thakur http://newsonair.nic.in/Main-News-Details.aspx?id=412243 BNE Minister of State for Finance Anurag Thakur said, due to better planning under the leadership of Prime Minister Narendra Modi, country’s economy is witnessing a ‘V’ shaped recovery. Asian stocks rise as Fed projects rapid jump in US economic growth http://newsonair.nic.in/Main-News-Details.aspx?id=412232 BNE Asian stocks today gained as the US Federal Reserve committed to maintain accommodative monetary policy and projected a rapid jump in US economic growth this year. Gold prices rise Rs. 40 per 10 gram at MCX http://newsonair.nic.in/Main-News-Details.aspx?id=412133 BNE Gold prices today rose Rs. 40 per 10 gram at Multi Commodity Exchange for April contracts in sync with gains in the international markets. S&P 500, Dow Jones Industrial Average end at record highs http://newsonair.nic.in/Main-News-Details.aspx?id=412227 BNE The S&P 500 and Dow Jones Industrial Average closed at record highs on Wednesday after the Fed predicted a fast economic recovery from the coronavirus pandemic and said it would maintain its interest rate at close to zero. Indian chemicals, petrochemicals industry growing to new heights: Sadananda Gowda http://newsonair.nic.in/Main-News-Details.aspx?id=412184 BNE Chemicals and Fertilizers Minister D.V. Sadananda Gowda has said that the Indian chemicals and petrochemicals industry is growing to new heights and an investment of 8 lakh crore rupees is anticipated in the sector by 2025. Doodh Duronto special trains transport 7 crore litres of milk to Delhi in current financial year http://newsonair.nic.in/Main-News-Details.aspx?id=412177 BNE Doodh Duronto special trains have transported seven crore litres of Milk to National Capital, New Delhi in the current financial year 2020-21 till Tuesday, which is highest ever transportation since its commencement. No change on concessional rate of tax on certain interest income of FPIs: Finance Ministry http://newsonair.nic.in/Main-News-Details.aspx?id=412163 BNE Finance Ministry today clarified that there is no change on concessional rate of tax on certain interest income of FPIs. I-T refunds of over Rs 2 lakh crore issued so far in FY21 http://newsonair.nic.in/Main-News-Details.aspx?id=412148 BNE The Income Tax Department today said it has issued over 2 lakh crore rupees worth refunds to more than 2.1 crore taxpayers so far this fiscal. Ethanol blending in Petrol to be increased from existing 8.5% to 20% by 2025 http://newsonair.nic.in/Main-News-Details.aspx?id=412131 BNE Ethanol blending in Petrol will be increased from existing 8.5 per cent to 20 per cent by 2025. More than 680 lakh metric tons of paddy procured during ongoing Kharif marketing season http://newsonair.nic.in/Main-News-Details.aspx?id=412120 BNE Over 680 lakh metric tonnes of paddy has been procured in the ongoing Kharif Marketing Season this year. This is an increase of around 14 per cent against the corresponding purchase last year. Offer for sale of Govt shares in TCL received huge response on 1st day of its launch http://newsonair.nic.in/Main-News-Details.aspx?id=412073 BNE The offer for sale of Government shares in TCL received huge response on the first day of its launch. The issue has been subscribed 2.19 times of its base size at a clearing price above the floor price by the non-retail investors. Oil prices fall amid stockpiling concern http://newsonair.nic.in/Main-News-Details.aspx?id=412050 BNE Oil prices today fell, extending declines for a third day amid concerns about rising stockpiles in the United States. A halt in Covid-19 vaccination in Germany and France also added worry among investors about oil demand recovery. Offer for sale equity in Tata Communications Ltd witnesses 1.36 times oversubscription http://newsonair.nic.in/Main-News-Details.aspx?id=412041 BNE The central government initiative of the offer for sale (OFS) of equity in Tata Communications Ltd (TCL) today got warm welcome by investors as it witnessed 1.36 times oversubscription. Permission to new private banks for conducting govt-related business will be given under RBI guidelines http://newsonair.nic.in/Main-News-Details.aspx?id=412058 BNE Finance Minister Nirmala Sitharaman has said that permission to new private banks for conducting government-related business will be given under the RBI guidelines. Gold price trades around Rs 44,870; Silver near Rs 67,310 http://newsonair.nic.in/Main-News-Details.aspx?id=412046 BNE Gold prices today fell 30 rupees per 10 gram at Multi Commodity Exchange for April contracts. Gold futures was at around 44,870 rupees per 10 gram. Rupee weakens seven paise to Rs 72.55 against US dollar http://newsonair.nic.in/Main-News-Details.aspx?id=412044 BNE The rupee today weakened seven paise to 72 rupees and 55 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, also depreciated 0.13 percent to 91.72. Asian stocks logged modest gains amid optimism about economic recovery http://newsonair.nic.in/Main-News-Details.aspx?id=412042 BNE Asian stocks today logged modest gains amid optimism about the economic recovery and positive cues from U.S. equity indices. A fall in the treasury yields also boosted investor sentiment.