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 FM Nirmala Sitharaman reviews performance and preparedness of PSBs in wake of current global financial scenario https://newsonair.gov.in/Main-News-Details.aspx?id=458185 BNE Finance Minister Nirmala Sitharaman today chaired a meeting to review the performance and preparedness of the Public Sector Banks (PSBs). MoS for Commerce Anupriya Patel says, exporters should focus on innovation to keep country's exports on growth trajectory https://newsonair.gov.in/Main-News-Details.aspx?id=458202 BNE Minister of State for Commerce Anupriya Patel said today that exporters should invest in Research and development and focus on innovation to keep the country's exports on a growth trajectory. Sensex declines 398 points to end around 57,527 https://newsonair.gov.in/Main-News-Details.aspx?id=456940 BNE Key domestic benchmark indices closed with losses of more than half a per cent. Wall Street closes higher after US Treasury Secretary Janet Yellen’s reassurance to keep Americans' deposit safe https://newsonair.gov.in/Main-News-Details.aspx?id=458139 BNE Wall Street closed higher on Thursday, following the reassurances given by U.S. Treasury Secretary Janet Yellen to take measures to keep the Americans' deposit safe. Gold prices up by Rs 113 at Multi Commodity Exchange for April contracts https://newsonair.gov.in/Main-News-Details.aspx?id=458138 BNE Gold prices on Friday rose by 113 rupees at Multi Commodity Exchange for April contracts. Asian markets end in red; European markets also lower in intra-day trade https://newsonair.gov.in/Main-News-Details.aspx?id=458135 BNE Asian markets ended in red on Friday. Hong Kong's Hang Seng reduced by 0.7 per cent, China's Shanghai Composite declined 0.6 per cent and South Korea's Kospi slipped 0.4 per cent. Asian stocks end mixed https://newsonair.gov.in/Main-News-Details.aspx?id=457942 BNE Asian stocks ended mixed on Thursday. Hong Kong's Hang Seng surged 2.3 percent, China's Shanghai Composite gained 0.6 percent and South Korea's Kospi appreciated 0.3 per cent. Over 1 crore PNG connections have been provided by CGD entities till 31th January 2023 https://newsonair.gov.in/Main-News-Details.aspx?id=458050 BNE The Centre today said the use of Piped Natural Gas (PNG) has been increasing in the country. More than one crore PNG connections have been provided by the City Gas Distribution (CGD) entities till 31th January this year. US Market: Dow Jones Industrial Average gains 1%, S&P 500 rises 1.3% https://newsonair.gov.in/Main-News-Details.aspx?id=458005 BNE Wall Street closed sharply higher yesterday as widespread fears over liquidity in the banking sector abated and market participants eyed the Federal Reserve, which is expected to conclude its two-day policy meeting later today with a 25 basis-point hike to its policy rate. Oil prices edge lower following fresh indications of weak demand https://newsonair.gov.in/Main-News-Details.aspx?id=457843 BNE Oil prices today edged lower following fresh indications of weak demand, and as the market awaited a crucial interest rate decision by the U.S. Federal Reserve. Gold prices rise marginally at Multi Commodity Exchange for April contracts https://newsonair.gov.in/Main-News-Details.aspx?id=457847 BNE Gold prices today rose marginally at Multi Commodity Exchange for April contracts. US stocks jump as Credit Suisse deal eases worries https://newsonair.gov.in/Main-News-Details.aspx?id=457945 BNE U.S. stocks jumped on Monday after a deal to rescue Credit Suisse and central bank efforts to bolster confidence in the financial system relieved investors. Indian financial sector remains stable despite crisis in US banking system, says RBI Governor https://newsonair.gov.in/Main-News-Details.aspx?id=457681 BNE Amid the ongoing crises in the US banking system after the fall of Silicon Valley Bank, RBI Governor Shaktikanta Das has assured that India’s financial sector remains stable. Cabinet approves listing of IREDA on Stock Exchanges https://newsonair.gov.in/Main-News-Details.aspx?id=457679 BNE Union Government on Friday approved for listing of the Indian Renewable Energy Development Agency (IREDA) on the Stock Exchanges. SVB Financial Group seeks bankruptcy protection for reorganisation https://newsonair.gov.in/Main-News-Details.aspx?id=457667 BNE SVB Financial Group on Friday said that it has filed for a court-supervised reorganization for bankruptcy protection under the United States Bankruptcy Code, to seek buyers for its assets. Gold prices rise by Rs. 365 at Multi Commodity Exchange for April contracts https://newsonair.gov.in/Main-News-Details.aspx?id=457662 BNE Gold rose 365 rupees at Multi Commodity Exchange today for April contracts. The precious metal was trading at around 58,370 rupees per 10 gram. Oil prices witness fall to its weakest since last December https://newsonair.gov.in/Main-News-Details.aspx?id=457661 BNE Oil prices witnessed a fall to its weakest since last December. In intra-day trade, Brent crude was trading at around 74 dollars and 85 cents per barrel. Crude oil regains a bit of ground as Credit Suisse secures lifeline https://newsonair.gov.in/Main-News-Details.aspx?id=457586 BNE Oil prices regained some ground on Thursday after falling to 15-month lows in the previous session as markets calmed somewhat after Credit Suisse announcement of borrowing as much as 53.7 billion dollars and seek to repurchase debt. Country’s power generation capacity from solar increased 197 percent in last 5 years https://newsonair.gov.in/Main-News-Details.aspx?id=457565 BNE Country’s power generation capacity from solar has increased 197 percent in the last five years. The solar capacity of the country has increased from 21,651 megawatt to 64,380 megawatt in the last five years. RBI and Central Bank of UAE sign MoU to promote innovation in financial products and services https://newsonair.gov.in/Main-News-Details.aspx?id=457553 BNE The Reserve Bank of India (RBI) and the Central Bank of the UAE sign MoU to promote innovation in financial products and services The Reserve Bank of India and the Central Bank of the United Arab Emirates signed a Memorandum of Understanding in Abu Dhabi on Wednesday to promote innovation in financi BIS grants 1,097 licences to domestic toy manufacturing units of which over 96% licences granted to MSMEs https://newsonair.gov.in/Main-News-Details.aspx?id=457530 BNE Bureau of Indian Standards, BIS has granted 1,097 licences to domestic toy manufacturing units of which over 96 percent licences were granted to Micro, Small and Medium Enterprises. Wholesale inflation falls to two-year low of 3.85% in February https://newsonair.gov.in/Main-News-Details.aspx?id=457407 BNE Wholesale Price-based Inflation (WPI) for February 2023 eased to two year low of 3.85 percent against 4.73 percent recorded in preceding month. Asian shares end with losses amid fear of financial crises and negative cues form US markets https://newsonair.gov.in/Main-News-Details.aspx?id=457429 BNE Asian shares on Tuesday ended with losses amid fear of financial crises and negative cues form US markets. South Korea’s KOSPI plunged 2.6 percent, Hong Kong’s Hang Seng declined 2.3 percent and Japan's NIKKEI-225 fell 2.2 percent. Gold prices rise by Rs. 635 at Multi Commodity Exchange for April contracts https://newsonair.gov.in/Main-News-Details.aspx?id=457342 BNE Gold prices today rose by 635 rupees at Multi Commodity Exchange for April contracts. The precious metal was trading at around 56785 rupees per 10 gram. Oil prices fall for 5th consecutive session https://newsonair.gov.in/Main-News-Details.aspx?id=457337 BNE Oil prices fell today for the fifth consecutive session as the collapse of Silicon Valley Bank in the United States raised fears of a fresh financial crisis, but a recovery in Chinese demand provided support. Asian market ends mixed; Hong Kong's Hang Seng gains 1.9% https://newsonair.gov.in/Main-News-Details.aspx?id=457336 BNE Asian market ended mixed today as the US government stepped in with a series of emergency measures to shore up confidence in the banking system following the failure of Silicon Valley Bank. Foreign investors pump over RS 6,300 crore into Indian capital markets in March, so far https://newsonair.gov.in/Main-News-Details.aspx?id=457279 BNE Foreign investors pumped more than RS 6,300 crore into the Indian capital markets this month, so far. Foreign Portfolio investors (FPIs) invested Rs 13,540 crore in the equities market and Rs 1185 crore in the Hybrid market. Gold price rise by Rs. 155 rupees at Multi Commodity Exchange for April contracts https://newsonair.gov.in/Main-News-Details.aspx?id=457180 BNE Gold price today rose by 155 rupees at Multi Commodity Exchange for April contracts. Forex market: Domestic Unit closes at Rs. 82.02 against US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=457174 BNE In the forex market, the rupee today appreciated four paise against the US dollar. Oil falls for a 4th session today heading for its biggest weekly loss in 5 weeks https://newsonair.gov.in/Main-News-Details.aspx?id=457175 BNE Oil fell for a fourth session today, heading for its biggest weekly loss in five week US Market: Wall Street's three major stock indices close lower, with bank stocks creating biggest drag https://newsonair.gov.in/Main-News-Details.aspx?id=457173 BNE Wall Street's three major stock indices closed lower yesterday, with bank stocks creating the biggest drag. Asian & European stocks fall after sell-off in US Bank shares https://newsonair.gov.in/Main-News-Details.aspx?id=457171 BNE Asian and European stocks fell today after sell-off in US Bank shares. Time for Indian products to be the best in quality in the world: Piyush Goyal https://newsonair.gov.in/Main-News-Details.aspx?id=457128 BNE The Union Minister for Commerce and Industry Piyush Goyal exhorted the industry to bring proposals for joint research projects, come up with new innovations and capture new markets. Gold price rises marginally by Rs 89 at Multi Commodity Exchange for April contracts https://newsonair.gov.in/Main-News-Details.aspx?id=457118 BNE Gold price on Thursday rose marginally by 89 rupees at Multi Commodity Exchange for April contracts. The precious metal was trading at around 55,000 rupees per 10 gram. Govt says trade in crypto currency to be covered under India's money laundering laws https://newsonair.gov.in/Main-News-Details.aspx?id=457077 BNE The government has said that Prevention of Money Laundering Act, 2002 will apply to trade in cryptocurrencies or virtual assets. Centre directs NAFED, NCCF for immediate intervention in market for purchase of red onion in wake of reports of falling prices of onion https://newsonair.gov.in/Main-News-Details.aspx?id=457037 BNE Centre has directed National Agricultural Cooperative Marketing Federation of India Limited (NAFED) and National Consumers Cooperative Federation of India Limited (NCCF) for immediate intervention in the market for purchase of red onion in the wake of reports of falling prices of onion. BSE & UN Women India launches a new programme, 'FinEMPOWER', at Bombay Stock Exchange https://newsonair.gov.in/Main-News-Details.aspx?id=456953 BNE BSE and UN Women India launched a new programme, 'FinEMPOWER', at the Bombay Stock Exchange (BSE) today. Asian markets end mostly higher; South Korea's Kospi index advances 1.2% https://newsonair.gov.in/Main-News-Details.aspx?id=456944 BNE Asian markets ended mostly higher. So, Japan's Nikkei-225 index climbed 1.1 per cent; Hong Kong's Hang Seng index edged up 0.2 per cent; South Korea's Kospi index advanced 1.2 per cent and Singapore's Straits Times index rose 0.4 per cent, But China's Shanghai Composite index she Foreign investors pump more than Rs 9,400 crore into the Indian capital markets in March, so far https://newsonair.gov.in/Main-News-Details.aspx?id=456905 BNE Foreign investors pumped more than Rs 9,400 crore into the Indian capital markets this month, so far. Foreign Portfolio investors (FPIs) invested Rs 8,939 crore in the equities market, Rs 380 crore in the debt market and Rs 156 crore in the Voluntary Retention Route of the debt market. Piyush Goyal expresses confidence that India's merchandise and services exports would touch 750 billion dollar this year https://newsonair.gov.in/Main-News-Details.aspx?id=456861 BNE Commerce and Industry Piyush Goyal on Saturday expressed confidence that the country's merchandise and services exports would touch 750 billion dollar this year. US share markets log gains amid volatile week https://newsonair.gov.in/Main-News-Details.aspx?id=456840 BNE The US share markets logged gains on Friday amid volatile week. Gold price rise marginally by Rs 75 at Multi Commodity Exchange for April contracts https://newsonair.gov.in/Main-News-Details.aspx?id=456797 BNE Gold price today rose marginally by Rs 75 at Multi Commodity Exchange for April contracts. Government assures, there is no evidence of heat stress on wheat crop in major growing states https://newsonair.gov.in/Main-News-Details.aspx?id=456758 BNE The Government has said that the condition of wheat crop in the major growing states is normal and there is no heat stress on the crop as of now. Domestic share markets close with robust gains of more than one and a half percent https://newsonair.gov.in/Main-News-Details.aspx?id=456776 BNE Domestic share markets today closed with strong gains of more than one and a half percent. Asian shares rise after Wall Street reverses losses https://newsonair.gov.in/Main-News-Details.aspx?id=456782 BNE Asian shares rose today after Wall Street reversed losses on signals of a measured policy tightening approach from the U.S. Federal Reserve. Oil prices hold steady registering a weekly gain https://newsonair.gov.in/Main-News-Details.aspx?id=456781 BNE Oil prices held steady today, poised to register a weekly gain. This comes amid renewed optimism as China's demand recovery overrode recession worries over growing U.S. crude inventories and tightening monetary policy in Europe. US stocks rally as Treasury yields pull back from earlier highs https://newsonair.gov.in/Main-News-Details.aspx?id=456780 BNE U.S. stocks rallied yesterday as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favoured path of interest rate hikes for the central bank. Rupee appreciates 63 paise against US currency https://newsonair.gov.in/Main-News-Details.aspx?id=456779 BNE In the forex market, the rupee today appreciated 63 paise against the US currency. The domestic unit closed at Rs 81.97 against the US dollar. Over 1 crore farmers benefitted with ongoing paddy procurement https://newsonair.gov.in/Main-News-Details.aspx?id=456765 BNE Over one crore farmers have benefited from the ongoing paddy procurement for the Kharif Marketing Season 2022-23. Gold price rises marginally by Rs 70 at Multi Commodity Exchange for April contracts https://newsonair.gov.in/Main-News-Details.aspx?id=456395 BNE Gold price on Thursday rose marginally by 70 rupees at Multi Commodity Exchange for April contracts. The precious metal was trading at around 55,900 rupees per 10 gram. Global stock markets decline amid pullback in Chinese stocks and higher US bond yields https://newsonair.gov.in/Main-News-Details.aspx?id=456716 BNE Global stock markets on Thursday declined amid a pullback in Chinese stocks and higher US bond yields. Domestic share markets close with losses of more than half a per cent https://newsonair.gov.in/Main-News-Details.aspx?id=456129 BNE Domestic share markets on Thursday closed with losses of more than half a per cent. SEBI gives nod to NSE to launch the rupee-denominated Nymex WTI crude oil and natural gas futures contracts https://newsonair.gov.in/Main-News-Details.aspx?id=456703 BNE Indian market regulator, the Securities and Exchange Board of India (SEBI) has given a nod to the National Stock Exchange (NSE) to launch the rupee-denominated Nymex WTI crude oil and natural gas. FCI sells 5.40 lakh metric tonnes of wheat in 4th e-auction https://newsonair.gov.in/Main-News-Details.aspx?id=456684 BNE A total of 5 lakh 40 thousand metric tonne wheat has been sold to 1049 bidders in 23 States in the 4th e-auction by the Food Corporation of India on Wednesday. Coal production rises 15% during April-February 2022-23 https://newsonair.gov.in/Main-News-Details.aspx?id=456667 BNE Coal production in the county has increased by over 15 per cent to 784.41 million tonnes during the last fiscal year as compared to 681.5 million tonnes produced during the same period of the fiscal year of 2022. GST collections rise 12 per cent to Rs 1.49 lakh-crore in February https://newsonair.gov.in/Main-News-Details.aspx?id=456659 BNE Over 1.49 lakh crore rupees gross Goods and Service, Tax revenue was collected in February. Key Asian markets ends mixed today; South Korea’s KOSPI advances 0.4% https://newsonair.gov.in/Main-News-Details.aspx?id=456549 BNE Key Asian markets ended mixed today. Japan's NIKKEI-225 gained 0.1 per cent, South Korea’s KOSPI advanced 0.4 percent, China’s Shanghai Composite rose 0.7 per cent ahead of upcoming economic data to be released tomorrow. Oil prices rise, Russia halts exports to Poland via a key pipeline https://newsonair.gov.in/Main-News-Details.aspx?id=456397 BNE Oil prices rose today as Russia halted exports to Poland via a key pipeline. The rise comes ahead of a hefty supply cut announced for March, but a stronger dollar and fears of recession capped gains. USD 523.8 million worth of onions exported from April to December 2022 https://newsonair.gov.in/Main-News-Details.aspx?id=456498 BNE India has exported onion worth 523.8 million US dollars in between April and December last year. It also registered a 16.3 per cent increase in exports as compared to the year 2021 during the same period. Wide acceptance in G20 FMCBG meeting that Crypto Assets are major risks to financial stability, says RBI governor https://newsonair.gov.in/Main-News-Details.aspx?id=456495 BNE In the first major ministerial engagement under G20, where, India welcomed the debate on Crypto Assets proposing regulations and a policy perspective on the use of Crypto Assets. US stocks main indexes end sharply down, post biggest weekly drop of 2023 https://newsonair.gov.in/Main-News-Details.aspx?id=456455 BNE US stocks main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday. Most Asian shares end mixed https://newsonair.gov.in/Main-News-Details.aspx?id=456394 BNE Most Asian shares on Friday ended mixed. Japan's NIKKEI-225 rose 1.3 percent and Singapore's Strait Times added half a percent. Wall Street ends higher as S&P snaps losing streak https://newsonair.gov.in/Main-News-Details.aspx?id=456387 BNE Wall Street entered positive territory on Wednesday, with the S&P 500 snapping a four-session losing streak, as investors grappled with how interest rate policy might affect the U.S. economy. Technical textile industry could become 125 billion dollar industry by 2047, says Piyush Goyal https://newsonair.gov.in/Main-News-Details.aspx?id=456378 BNE Union Minister for Textiles Piyush Goyal has said the technical textile industry could become a 125 billion dollar industry by 2047. India coal production exceeds 16% during April'22 - Jan'23 https://newsonair.gov.in/Main-News-Details.aspx?id=456376 BNE India’s domestic coal production has shown impressive growth in the past few years. It has increased from over 730 Million tonnes (MT) in 2019-20 to over 778 MT in 2021-22, achieving a growth of 6.47 percent. Asian shares end mixed https://newsonair.gov.in/Main-News-Details.aspx?id=456338 BNE Asian shares ended mixed on Thursday. Singapore's Strait Times fell 1.1 percent and Hong Kong’s Hang Seng declined 0.4 percent. Rupee appreciates 13 paise to trade at Rs 82.72 against the US dollar https://newsonair.gov.in/Main-News-Details.aspx?id=456328 BNE At the forex market, the rupee appreciated 13 paise to trade at 82 rupees and 72 paise against the US dollar in the afternoon deals. Brent crude oil prices steadies as demand hopes and supply curbs support https://newsonair.gov.in/Main-News-Details.aspx?id=456217 BNE Brent crude oil prices on Tuesday steadied after early declines supported by better than expected business activity data as well as supply curbs and hopes for a Chinese demand recovery. Gold up by Rs 185; Silver down by Rs 145 https://newsonair.gov.in/Main-News-Details.aspx?id=456210 BNE Gold price on Tuesday added 185 rupees at Multi Commodity Exchange for April contracts. The precious metal was trading at 56,030 rupees per 10 gram. Most Asian shares end mixed https://newsonair.gov.in/Main-News-Details.aspx?id=456148 BNE Most Asian shares ended mixed on Tuesday. China’s Shanghai Composite index climbed Half per cent and South Korea’s KOSPI added 0.2 per cent. FCI offers 11.72 Lakh Metric Tonnes of wheat via 620 depots in third e-auction https://newsonair.gov.in/Main-News-Details.aspx?id=456029 BNE Food Corporation of India, FCI has offered 11.72 Lakh Metric Tonnes of wheat via 620 depots in the country in the third e-auction. The 3rd e-auction will begin at 11 AM on 22nd of February. Wall Street ends sharply lower after unexpectedly strong inflation data https://newsonair.gov.in/Main-News-Details.aspx?id=455979 BNE Wall Street ended sharply lower yesterday after unexpectedly strong inflation data and a drop in weekly jobless claims added to fears that the U.S. Federal Reserve will keep raising interest rates to tame high prices. Asian shares end down as inflation data from US worried investors globally https://newsonair.gov.in/Main-News-Details.aspx?id=455978 BNE Most Asian shares today ended down except Singapore's Strait Times, as the inflation data from the US worried investors globally and fuelled the expectations of aggressive Fed rate hikes. Sensex ends with marginal gain of 44 points to close at 61,320 https://newsonair.gov.in/Main-News-Details.aspx?id=451650 BNE At the stock markets, the Sensex at the Bombay Stock Exchange ended with a marginal gain of 44 points, to close at 61,320, on Thursday. India’s overall exports during April to January estimated to exhibit positive growth of 17.33% https://newsonair.gov.in/Main-News-Details.aspx?id=455858 BNE India’s overall exports in the current financial year during April to January is estimated to exhibit a positive growth of 17.33 per cent over the same period last year. Defence Minister announces procurement of defence equipment from domestic manufacturers increased to 75% of total capital expenditure from 2023-24 https://newsonair.gov.in/Main-News-Details.aspx?id=455842 BNE Defence Minister Rajnath Singh today announced that procurement of defence equipment from domestic manufacturers have been increased to 75 percent of total capital expenditure from 2023-24. Vistara airlines resume daily flights between Mumbai-Colombo from 1st March https://newsonair.gov.in/Main-News-Details.aspx?id=455840 BNE Vistara airlines will resume daily flights between Mumbai and Colombo starting from 1st of March. IMF to meet with creditors of Sri Lanka, other debt troubled nations to plug gaps in current debt restructuring framework https://newsonair.gov.in/Main-News-Details.aspx?id=455830 BNE The International Monetary Fund(IMF) will meet with creditors of Sri Lanka and other debt troubled nations this Friday(Feb 17) to plug gaps in the current debt restructuring framework. Foodgrain production is estimated to be over 3,235 lakh tonnes in agricultural year 2022-23: Narendra Singh Tomar https://newsonair.gov.in/Main-News-Details.aspx?id=455799 BNE Agriculture and Farmers Welfare Minister Narendra Singh Tomar has said that foodgrain production is estimated to be over 3,235 lakh tonnes in the agricultural year 2022-23. India's retail inflation rises to three-month high level of 6.52 % https://newsonair.gov.in/Main-News-Details.aspx?id=455744 BNE Retail inflation, based on the consumer price index (CPI), rose to 6.52 percent in January from December's one-year low of 5.72 percent. Asian shares end down except China’s Shanghai Composite index gains 0.7 percent https://newsonair.gov.in/Main-News-Details.aspx?id=455735 BNE Asian shares ended down except China’s Shanghai Composite index gained 0.7 percent. Govt says it cognizant of emergence of technologies related to Web 3, Blockchain & taking steps to create awareness https://newsonair.gov.in/Main-News-Details.aspx?id=455720 BNE The government today said that it is cognizant of the emergence of the technologies related to Web 3 and Blockchain and has been taking steps to create awareness and the ecosystem building around Web 3. Govt says around 39 crore loans extended under Pradhan Mantri Mudra Yojana till Jan 27 https://newsonair.gov.in/Main-News-Details.aspx?id=455718 BNE The government today said that around 39 crore loans have been extended under Pradhan Mantri Mudra Yojana till 27th of last month. Direct Tax collections for 2022-23 grow 24% so far, compared to corresponding period of last year https://newsonair.gov.in/Main-News-Details.aspx?id=455638 BNE Direct Tax collections for 2022-23 are at 15.67 lakh crore rupees till now. The collections are 24.09 percent higher than gross collections for corresponding period of last year. India's industrial production index grows 4.3% in December 2022 https://newsonair.gov.in/Main-News-Details.aspx?id=455588 BNE India's Industrial Production, IIP index grew by 4.3 per cent in December 2022. As per Ministry of Statistics and Programme Implementation data, it grew by 5.4 per cent during April to December of the current fiscal. RBI directs financial institutions and NPCI to allow access to UPI to foreign nationals https://newsonair.gov.in/Main-News-Details.aspx?id=455583 BNE The Reserve Bank has directed financial institutions and National Payments Corporation of India, NPCI to allow access to Unified Payments Interface (UPI) to foreign nationals and NRIs visiting India. Asian shares end mixed on Friday https://newsonair.gov.in/Main-News-Details.aspx?id=455566 BNE Asian shares ended mixed on Friday. Japan's NIKKEI-225 rose 0.3 percent. On the other hand, Hong Kong’s Hang Seng slipped two percent. South Korea’s KOSPI fell half a percent and China’s Shanghai Composite index declined 0.3 percent. Rupee appreciates 6 paise to Rs 82.45 in afternoon deals https://newsonair.gov.in/Main-News-Details.aspx?id=455428 BNE In the forex market, the rupee appreciated 6 paise to 82 rupees and 45 paise in the afternoon deals. Union Minister Ashwini Vaishnaw launches Digital Payments Utsav in New Delhi for promotion of Digital Payments https://newsonair.gov.in/Main-News-Details.aspx?id=455507 BNE Electronics and IT Minister Ashwini Vaishnaw has launched the Digital Payments Utsav in New Delhi for the promotion of Digital Payments across the country. RBI announces pilot launch of QR Code-based Coin Vending Machine to improve the distribution of coins https://newsonair.gov.in/Main-News-Details.aspx?id=455422 BNE On 8th Feb 2023, RBI announced that QR Code-based Coin Vending Machine (QCVM) will be launched in collaboration with a few leading banks to improve the distribution of coins. RBI's decision to hike the rate was in consonance with expectations: SBI Chairman Dinesh Kara https://newsonair.gov.in/Main-News-Details.aspx?id=455444 BNE State bank of India has said that RBI's decision to hike the rate was in consonance with expectations. Crude oil rises for third day as rate hike concerns ease https://newsonair.gov.in/Main-News-Details.aspx?id=455434 BNE Global crude oil prices on 8th Feb 2023 rose for a third straight day as investor concern eased about U.S. interest rate hikes. U.S. stocks climb amid volatility https://newsonair.gov.in/Main-News-Details.aspx?id=455429 BNE U.S. stocks climbed on 7th Feb 2023 amid volatility. The three major indices rose as investors digested comments from Federal Reserve Chair Jerome Powell about how long the central bank may need to tame inflation. Gold down by Rs 10 to trade at Rs 57,250 per 10 gram https://newsonair.gov.in/Main-News-Details.aspx?id=455427 BNE On 8th Feb 2023, Gold price fell marginally by 10 rupees at Multi Commodity Exchange for April contracts. The precious metal was trading at 57,250 rupees per 10 gram. Asian shares end mixed https://newsonair.gov.in/Main-News-Details.aspx?id=455424 BNE Asian shares ended mixed on 8th Feb 2023 . South Korea’s KOSPI rose 1.3 per cent and Singapore’s Straits Times index added 0.3 per cent. RBI revises market hours of Govt securities https://newsonair.gov.in/Main-News-Details.aspx?id=455423 BNE Reserve Bank of India has revised market hours of government securities from 9:00 AM to 3:30 PM to 9:00 AM to 5:00 PM. RBI hikes repo rate by 25 Basis points to 6.5%; Projects GDP growth at 6.4% during 2023-24 fiscal https://newsonair.gov.in/Main-News-Details.aspx?id=455372 BNE The Reserve Bank of India(RBI) today increased the repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.50 per cent with immediate effect. India made IT export worth 479 billion US dollar in past 3 years: Govt https://newsonair.gov.in/Main-News-Details.aspx?id=455408 BNE The government today said that India has made an IT export worth 479 billion US dollar in the past three years. EU allocates 4 million euros in grants for fertilisers, seeds & training to most vulnerable farmers in Sri Lanka https://newsonair.gov.in/Main-News-Details.aspx?id=455395 BNE European Union(EU) has allocated 4 million euros in grants for fertilisers, seeds and training to the most vulnerable farmers in Sri Lanka. Agriculture Ministry signs MoU to develop national level digital extension platform https://newsonair.gov.in/Main-News-Details.aspx?id=455333 BNE The Ministry of Agriculture and Farmers Welfare signed an MoU in New Delhi yesterday with Digital Green under a public-private partnership framework to build a national-level digital extension platform. Around 32 crore beneficiaries enrolled under Pradhan Mantri Suraksha Bima Yojana, PMSBY till last year: Rameswar Teli https://newsonair.gov.in/Main-News-Details.aspx?id=455288 BNE Around 32 crore beneficiaries have been enrolled under the Pradhan Mantri Suraksha Bima Yojana, PMSBY till last year. Start-Ups in India grown to about 90,000 from nearly 400 in last eight years: Dr Jitendra Singh https://newsonair.gov.in/Main-News-Details.aspx?id=455270 BNE Science and Technology Minister Dr Jitendra Singh has said that the number of Start-Ups in India has grown to about 90 thousand from nearly four hundred in the last eight years. RBI says, banking sector remains resilient and stable https://newsonair.gov.in/Main-News-Details.aspx?id=455188 BNE The Reserve Bank of India (RBI) has said that as a regulator and supervisor, it maintains a constant vigil on the banking sector and on individual banks to maintain financial stability. Measures are in place to address excess volatility, says SEBI https://newsonair.gov.in/Main-News-Details.aspx?id=455221 BNE Amid the ongoing Adani stock issue, the Securities and Exchange Board of India (SEBI) on Saturday said that it was committed to ensuring an orderly and efficient functioning of the market, and that surveillance measures have been put in place to address the excessive volatility in specific individua Major US stock indices end lower amid strong jobs data https://newsonair.gov.in/Main-News-Details.aspx?id=455218 BNE The three major U.S. stock indices ended lower on Friday amid strong jobs data. The Nasdaq Composite index plunged 1.6 percent, the S&P 500 lost one percent and the Dow Jones Industrial Average declined 0.4 percent. India's coal production increased by 12.94%; touches 89.96 MT in January, 2023 https://newsonair.gov.in/Main-News-Details.aspx?id=455190 BNE India’s overall coal production increased by 12.94 per cent to 89.96 Million Tonnes from 79.65 Million Tonnes during the month of January this year as compared to same period of last year. Govt e-Marketplace achieves Gross Merchandise Value of Rs 1.5 lakh crore in current fiscal https://newsonair.gov.in/Main-News-Details.aspx?id=455121 BNE The Government e-Marketplace has achieved a Gross Merchandise Value of 1.5 lakh crore rupees in the current fiscal. Govt decides to sell wheat flour to consumers at rate of Rs 29.50 per kg https://newsonair.gov.in/Main-News-Details.aspx?id=455120 BNE The Government has decided to sell wheat flour- Atta to consumers at the rate of 29 rupees and fifty paise per kilogram at its various retail outlets from the 6th of this month. Investors welcomed Union Budget 2023-24 https://newsonair.gov.in/Main-News-Details.aspx?id=455021 BNE Investors welcomed the Union Budget 2023-24 presented by the Finance Minister Nirmala Sitharaman in the parliament today. FICCI welcomes Union Budget as balanced and progressive one that gave primacy to inclusive growth https://newsonair.gov.in/Main-News-Details.aspx?id=455017 BNE The Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed the Union Budget as balanced and progressive one that gave primacy to inclusive growth. GST collection at Rs 1.55 lakh crore in January, second highest-ever https://newsonair.gov.in/Main-News-Details.aspx?id=454997 BNE The second-highest Gross GST collection has been made in the month of January this year, breaching earlier second-highest record in October last year. Gold down by Rs 30 to trade at Rs 56,750 per 10 gram https://newsonair.gov.in/Main-News-Details.aspx?id=454617 BNE Gold price on Tuesday fell 30 rupees at Multi Commodity Exchange for February contracts. The precious metal was trading at 56,750 rupees per 10 gram. Major US stock indices decline amid fall in technology & other megacap shares https://newsonair.gov.in/Main-News-Details.aspx?id=454974 BNE Major U.S. stock indices declined on Tuesday amid fall in technology and other megacap shares. Oil prices fall as prospect of further interest rate increases https://newsonair.gov.in/Main-News-Details.aspx?id=454627 BNE Oil prices on Tuesday fell as the prospect of further interest rate increases and ample Russian crude flows outweighed demand recovery expectations from China. Asian shares end mixed https://newsonair.gov.in/Main-News-Details.aspx?id=454917 BNE Asian shares on Monday ended mixed at the start of an agenda-setting week for markets in which likely interest rate hikes in Europe and the United States. Rupee appreciates marginally by 2 paise to close at Rs 81.50 against dollar https://newsonair.gov.in/Main-News-Details.aspx?id=454914 BNE In the forex market, the rupee on Monday appreciated marginally by two paise against the US currency. The domestic unit closed at 81 rupees and 50 paise against the dollar. Aadhaar-based e-KYC witnessed growth of 18.53% in October-December quarter (Q3) https://newsonair.gov.in/Main-News-Details.aspx?id=454788 BNE Aadhaar-based e-KYC has witnessed a growth of 18.53 per cent in the October-December quarter (Q3) over the July-September quarter (Q2) of the current financial year. Khadi Fest-23 inaugurated in Mumbai; Fest to run until Feb 24 at KVIC HQs, Vile Parle https://newsonair.gov.in/Main-News-Details.aspx?id=454784 BNE The month-long Khadi Fest- 23 was inaugurated by the Chairman of the Khadi and Village Industries Commission(KVIC) Mr. Manoj Kumar in Mumbai yesterday. US economy fares better in fourth quarter than expected https://newsonair.gov.in/Main-News-Details.aspx?id=454752 BNE Wall Street ended a choppy session higher on Thursday as investors grappled with an onslaught of economic data and a string of mixed corporate earnings, all while looking forward to next week's Federal Reserve monetary policy meeting. Gold slips by Rs 141; Silver climbs Rs 44 https://newsonair.gov.in/Main-News-Details.aspx?id=454494 BNE Gold price on Friday lost 141 rupees at Multi Commodity Exchange for February contracts. The precious metal was trading at 56,821 rupees per 10 gram.