BUSINESS HIGHLIGHTS

New Delhi, May 6 (PTI) Following are the top business stories at 2045 hours:

     DEL62 BIZ-FTA-EXPLAINER
     * India's free trade agreements, an explainer
     New Delhi: India finalised a free trade agreement with the UK, its 16th so far as the country aimed at boosting bilateral trade and investments. *
    
     FGN56 UK-INDIA-TRADE DEAL
     India, UK clinch 'landmark' Free Trade Agreement
     London: India and the UK on Tuesday confirmed the completion of a "landmark" multi-billion-pound trade deal, which locks in reductions on 90 per cent of tariff lines and is expected to add 4.8 billion pounds annually to the British economy by 2040. *

     DEL63 BIZ-INDIA-UK-SOCIAL SECURITY
     * India, UK conclude social security agreement
     New Delhi: India and the UK on Tuesday announced the conclusion of negotiations for a social security pact, which would help avoid double contribution to social security funds by Indian professionals working for a limited period in Britain. *

     DEL13 BIZ-PMI-SERVICES
     * India's services sector growth improves slightly in April on new order inflows
     New Delhi: India's service sector activity accelerated slightly in April largely driven by a quicker increase in new order inflows, which also underpinned a faster expansion in employment, a monthly survey said on Tuesday. *

     DEL27 BIZ-LD CASHLESS TREATMENT
     * Govt notifies cashless treatment scheme for road accident victims nationwide
     New Delhi: Road accident victims all over India will be entitled for cashless treatment of up to Rs 1.5 lakh for the first seven days at designated hospitals, said a notification issued by the Ministry of Road Transport and Highways (MoRTH) issued on Tuesday. *

     DCM11 BIZ-MOODY'S-INDIA
     * Moody's cuts India's GDP growth forecast to 6.3 pc in 2025 on US trade uncertainty
     New Delhi: Moody's Ratings on Tuesday cut India's GDP growth projections for 2025 to 6.3 per cent, from 6.5 per cent, saying economies globally will see a slowdown on account of heightened US policy uncertainty and trade restrictions. *

     DEL44 BIZ-LD-STOCKS
     * Sensex falls 155 pts as investors turn cautious amid India-Pak tensions
     Mumbai: Benchmark indices Sensex and Nifty ended lower in a range-bound trade on Tuesday due to profit booking, mainly in banking and oil shares, and investors staying on the sideline amid escalating tensions between India and Pakistan. *

     DEL83 BIZ-LD RUPEE
     * Rupee falls 5 paise to close at 84.35 against US dollar
     Mumbai: The rupee settled for the day 5 paise lower at 84.35 against the US dollar on Tuesday, amid growing uncertainty and a cautious recalibration of risk appetite. *

     DEL10 BIZ-GOVT-GENSOL PROBE
     * Corp affairs ministry orders probe against Gensol Engineering, BluSmart
     New Delhi: The corporate affairs ministry has ordered a probe into the affairs of crisis-hit Gensol Engineering and BluSmart Mobility for alleged violations of companies law, according to officials. *

     DCM80 BIZ-RESULTS-LD BOB
     * BoB Q4 profit up 5 pc to Rs 5,415 cr as margins decline; stock tanks 10 pc
     Mumbai: Bank of Baroda on Tuesday reported 5.59 per cent increase in March quarter consolidated net profit at Rs 5,415 crore, restricted by a decline in net interest margin. *

     DCM82 BIZ-RESULTS-LD-PAYTM
     * Paytm Q4 loss narrows to Rs 545 cr on lower employee cost
     New Delhi: Fintech firm One97 Communications, owner of the Paytm brand, has reported narrowing of consolidated loss to Rs 545 crore for the fourth quarter ended March 31, 2025, following a reduction in payment processing charges and employee benefits. *

     DEL47 BIZ-GOLD-PRICE
     * Gold surges Rs 2,400 to Rs 99,750/10 gm ahead of US Fed Reserve meeting
     New Delhi: Gold prices surged Rs 2,400 to Rs 99,750 per 10 grams in the national capital on Tuesday due to persistent buying by jewellers and stocks, according to the All India Sarafa Association. **

(This story has not been edited by THE WEEK and is auto-generated from PTI)