BUSINESS HIGHLIGHTS

New Delhi, Jun 12 (PTI) Following are the top business stories at 2030 hours:

     DEL70 PLANECRASH-LD AAIB
     * AAIB to probe Air India plane crash
     New Delhi: Aircraft Accident Investigation Bureau (AAIB) will probe the Air India plane crash at the Ahmedabad airport on Thursday, according to an official. *

     DEL34 PLANECRASH-MAYDAY-CALL
     * Air India pilot gave Mayday call to Ahmedabad ATC before crash, says DGCA
     Ahmedabad: Soon after the takeoff, the pilot of ill-fated Air India aircraft gave a Mayday call to the Ahmedabad air traffic controller. *

     DEL27 PLANE CRASH-CHANDRASEKARAN
     * Plane crash: Providing all necessary support to emergency response teams, says Chandrasekaran
     New Delhi: Air India Chairman N Chandrasekaran on Thursday said the airlines is doing everything to assist the emergency response teams at the plane crash site and will provide all necessary support to those impacted by the mishap. *

     DEL93 BIZ-LD INFLATION
     * Retail inflation falls to 6-yr low of 2.82 pc in May on cooling food prices
     New Delhi: Retail inflation dipped to an over six-year low of 2.82 per cent in May due to subdued food prices, remaining below the RBI's median target of 4 per cent for the fourth consecutive month, according to government data released on Thursday. *

     FES23 BIZ-GOYAL-EXPORTS
     * India's goods, services exports may cross USD 900 bn this yr: Goyal
     Stockholm: India's goods and services exports during 2025-26 are expected to cross USD 900 billion despite the global economic uncertainties, Commerce and Industry Minister Piyush Goyal has said. *

     DEL64 BIZ-LD-STOCKS
     * Sensex, Nifty tumble 1 pc on weak global trends, geopolitical tensions
     Mumbai: Benchmark Sensex tanked 823 points on Thursday following a selloff in oil & gas, power and capital goods shares in tandem with weak global market trends amid growing tensions in the Middle East. *

     DEL111 BIZ-LD RUPEE
     * Rupee ends almost flat against US dollar
     Mumbai: The rupee rose 1 paisa to close to 85.52 against the US dollar on Thursday due to a weak dollar against major currencies overseas. *

     DCM22 BIZ-FINMIN-UPI
     * No MDR will be charged on UPI transactions: FinMin
     New Delhi: The finance ministry has said no Merchant Discount Rate (MDR) will be levied on transactions through Unified Payments Interface platforms. *

     DEL86 BIZ-AGRI-PROCUREMENT
     * Govt approves procurement of 54,166 tonnes moong, 50,750 tonnes groundnut under PSS
     New Delhi: The government has approved procurement of 54,166 tonnes of moong from Haryana, Gujarat and Uttar Pradesh at a minimum support price (MSP), along with the procurement of 50,750 tonnes of groundnut from Uttar Pradesh. *

     DEL76 BIZ-STOCKS-WEALTH
     * Investors' wealth erodes by Rs 5.98 lakh cr as mkts tumble
     New Delhi: Investors' wealth eroded by Rs 5.98 lakh crore on Thursday, tracking weak trends in equities where the BSE Sensex tumbled 1 per cent. *

     DEL58 BIZ-GOLD-PRICE
     * Gold jumps Rs 850 to Rs 99,340/10 g; silver slips Rs 100
     New Delhi: Gold prices jumped Rs 850 to Rs 99,340 per 10 grams in the national capital on Thursday amid a rise in precious metal prices 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)