BUSINESS HIGHLIGHTS

New Delhi, Jun 4 (PTI) Following are the top business stories at 2030 hours:

     FGN21 BIZ-GOYAL-WTO
     * India calls for WTO action on non-tariff barriers, ensuring strong dispute resolution mechanism
     Paris: India has called for action to curb non-tariff barriers, address trade distortions caused by non-market economies, and restore a strong dispute settlement mechanism at the WTO, Commerce and Industry Minister Piyush Goyal said on Wednesday. *

     DEL36 BIZ-ADB-PAKISTAN
     * India vehemently opposed ADB's loan Pakistan as it could be misused: Govt sources
     New Delhi: India had vehemently opposed ADB's decision to grant USD 800 million loan to Pakistan saying the fund could be misused for increasing expenditure on its military, government sources said. *

     DEL10 BIZ-PMI-SERVICES
     * Indian services growth broadly steadied in May amid healthy demand conditions
     New Delhi: The Indian services growth broadly steadied in May and was underpinned by healthy demand conditions, new client wins and greater staffing capacity, a monthly report said on Wednesday. *

     DEL44 BIZ-LD STOCKS
     * Stock markets rebound after 3-day fall; Sensex recovers 260 points
     Mumbai: Indian benchmark equity indices Sensex and Nifty snapped the three-day losing streak and settled in the positive territory on Wednesday, mirroring a rally in global markets and supported by buying in blue-chips Reliance Industries and HDFC Bank. *

     DEL68 BIZ-LD RUPEE
     * Rupee falls 26 paise to close at 85.87 against US dollar
     Mumbai: The rupee depreciated for the second consecutive session and settled for the day lower by 26 paise at 85.87 against the US dollar on Wednesday, largely driven by strong dollar demand from importers. *
    
     DCM96 BIZ-NCLAT-BLUSMART
     * NCLAT declines relief to Gensol entities on asset freeze, asks BluSmart and Matrix to approach NCLT
     New Delhi: Insolvency appellate tribunal NCLAT on Wednesday declined to stay the NCLT order directing to freeze assets of Gensol, its promoters, and related entities. *

     DCM28 BIZ-FDI
     * No changes in FDI policy for countries sharing land border with India: Sources
     New Delhi: The government has not made any amendments to the foreign direct investment (FDI) policy for countries sharing land border with India, sources said on Wednesday. *

     DEL48 BIZ-GOLD-PRICE
     * Gold climbs Rs 260 to Rs 99,260/10 g; silver rallies Rs 1,900
     New Delhi: Gold prices climbed Rs 260 to Rs 99,260 per 10 grams in the national capital on Wednesday amid strong cues in the global markets, according to the All India Sarafa Association. *

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