BUSINESS HIGHLIGHTS

pti-preview-theweek

New Delhi, May 15 (PTI) Following are the top business stories at 2015 hours:

     DEL91 BIZ-LD-TRADE
     * Exports up 9 pc to $38.49 bn in Apr; trade deficit widens to 5-month high of $26.42 bn
     New Delhi: India's exports rose by 9.03 per cent to USD 38.49 billion in April on healthy growth in sectors such as electronics and engineering goods, while the trade deficit widened to a five-month high of USD 26.42 billion. *


     DEL71 BIZ-UNEMPLOYMENT
     * First-ever monthly job data shows India's unemployment rate at 5.1 pc in April 2025
     New Delhi: The rate of unemployment in the country, measured in monthly term for the first time, stood at 5.1 per cent in April this year, showed the government data released on Thursday. *


     DEL87 BIZ-TRUMP-LD APPLE
     * Trump wants Apple to stop production of iPhones in India; co assures New Delhi plans intact
     New Delhi/Doha: US President Donald Trump on Thursday said he has asked Apple CEO Tim Cook to stop producing iPhones in India, and rather make them in the US. *


     DEL65 BIZ-LD-STOCKS
     * Stock markets rally: Sensex jumps 1,200 pts, Nifty reclaims 25K peak after 7 months
     Mumbai: Benchmark BSE Sensex soared by 1,200 points while NSE Nifty closed above the 25,000 mark for the first time in seven months on Thursday following across-the-board buying triggered by expectations of potential trade deal between India and the US. *


     DEL48 BIZ-RUPEE-CLOSE
     * Rupee slumps 18 paise to close at 85.50 against US dollar
     Mumbai: The rupee depreciated 18 paise to close at 85.50 (provisional) against the US dollar on Thursday, weighed down by demand for American dollars from importers and foreign fund outflows. *


     DEL88 BIZ-INDIA-US-TRADE-PACT
     * India-US trade agreement talks progressing well: Comm Secy
     New Delhi: The negotiations for the proposed bilateral trade agreement between India and the US are progressing well, a top government official said on Thursday. *

    
     DEL85 AVI-BCAS-LD-CELEBI
     * Aviation watchdog BCAS revokes security clearance for Turkish firm Celebi Airport Services India
     New Delhi: Aviation watchdog BCAS on Thursday revoked the security clearance for Turkish ground handling company Celebi Airport Services India Pvt Ltd in the "interest of national security". *


     DCM20 BIZ-AUTO SALES-LD SIAM
     * Passenger vehicle dispatches rise 4 pc; two-wheelers see 17 pc dip in April: SIAM
     New Delhi: Passenger vehicles dispatches from factories to company dealerships in the country increased 4 per cent year-on-year to 3,48,847 units in April, industry body SIAM said on Thursday. *


     DEL75 BIZ-STOCKS-WEALTH
     * Two days of market rally makes investors richer by Rs 9 lakh cr
     New Delhi: Investors' wealth surged Rs 9 lakh crore in two days of market rally, with the BSE benchmark Sensex climbing nearly 1.50 per cent on Thursday alone. *


     DEL47 BIZ-GOLD-PRICE
     * Gold plunges Rs 1,800 to Rs 95,050/10 gm amid weak global demand
     New Delhi: Gold prices plunged Rs 1,800 to Rs 95,050 per 10 grams in the national capital on Thursday amid a decline in precious metal rates in the overseas markets, according to the All India Sarafa Association. *

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