BUSINESS HIGHLIGHTS

pti-preview-theweek

New Delhi, Jun 10 (PTI) Following are the top business stories at 2035 hours:

     FGN94 BIZ-WORLD-BANK-INDIA
     * World Bank retains India's FY26 growth at 6.3 pc amid global uncertainties
     Washington: World Bank on Tuesday pegged India's economic growth projection at a lower level of 6.3 per cent for 2025-26 due to pressure on exports emanating from global uncertainties, though the country will remain the fastest growing major global economy. *


     FGN113 BIZ-INDIA-EU-FTA
     * We are 'really very near' to concluding FTA with EU: Goyal
     Bern: Commerce and Industry Minister Piyush Goyal on Tuesday said India and the 27-nation EU bloc are "really very near" to concluding talks for the proposed free trade agreement, with only a few issues left to be resolved. *

    
     DEL37 BIZ-LD-STOCKS
     * Sensex snaps 4-day rally, Nifty ends unchanged in volatile trade
     Mumbai: Benchmark BSE Sensex closed lower by 53 points in a volatile trade on Tuesday, snapping its four-day winning run due to profit-taking in banking and energy shares. *


     DEL63 BIZ-LD RUPEE
     * Rupee settles 9 paise higher at 85.57 against US dollar
     Mumbai: The Indian rupee rose 9 paise to close at 85.57 against the US dollar on the back of strong foreign capital inflows. *

    
     DEL54 BIZ-FM-FSDC
     * FM asks regulators to expedite refund on unclaimed deposits, streamline KYC
     Mumbai: Finance Minister Nirmala Sitharaman on Tuesday asked regulators and departments to expedite the refund of unclaimed deposits to rightful owners and streamline the KYC process. *


     DEL32 BIZ-CHATGPT-OUTAGE
     * ChatGPT faces global outage; India, US most affected
     New Delhi: OpenAI's AI chatbot ChatGPT experienced a major global outage on Tuesday, leaving thousands of users unable to access the service across multiple continents, with India and the United States reporting the highest number of disruptions. *


     DCM77 BIZ-LD RELIANCE-DIEHL
     * Reliance Infra enters strategic pact with Germany's Diehl for guided munition system
     New Delhi: Anil Ambani's Reliance Defence Ltd on Tuesday announced a strategic cooperation agreement with German arms manufacturer Diehl Defence for production of next-generation terminall guided munitions (artillery shells). *


     DCM50 BIZ-LD EQUITY MF
     * Inflow into equity MFs hits 13-month low at Rs 19,000 cr in May
     New Delhi: Inflow in equity mutual funds slumped to its lowest level in 13 months to Rs 19,013 crore in May, with large-cap, mid-cap and small-cap funds experiencing lowered inflows, primarily triggered by profit booking by investors. *


     DEL33 BIZ-GOLD-PRICE
     * Gold slips Rs 110 to Rs 97,670/10 g; silver plunges Rs 1,000 to Rs 1.07 lakh/kg
     New Delhi: Gold prices slipped Rs 110 to Rs 97,670 per 10 grams in the national capital on Tuesday due to persistent selling by jewellers and stockists, according to the All India Sarafa Association. *

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