New Delhi, Jun 20 (PTI) Following are the top business stories at 2135 hours:
DEL56 BIZ-INFRA
* Eight core sectors' growth slows down to 0.7 pc in May
New Delhi: India's eight core sectors' growth slowed down to 0.7 per cent, lowest in nine months, in May 2025 against 6.9 per cent in the same month last year, according to the latest government data released on Friday. *
DEL83 AVI-LDALL-AIR INDIA
* Air India cancels 8 flights; bookings decline by up to 20 pc
Mumbai: Air India on Friday cancelled eight flights, including four on international routes, due to operational reasons even as the impact of the Ahmedabad plane crash last week is becoming manifest on its overall bookings dropping nearly 20 per cent. *
DCM73 BIZ-FM-GST
* Make GST registration easier using technology, risk-based parameters: FM to CBIC
New Delhi: Finance Minister Nirmala Sitharaman on Friday asked CBIC to make the GST registration easier, seamless, and more transparent for taxpayers, using technology and risk-based parameters. *
DEL73 BIZ-LD RBI-MPC-MINUTES
* MPC minutes: RBI Guv expects rate cut front-loading to support growth amid global tension
Mumbai: RBI Governor Sanjay Malhotra said front-loading of monetary policy rate action would give a clear signal and some certainty to the economic agents that the central bank is supportive of growth amid global tensions, MPC meeting minutes released on Friday said. *
DCM31 BIZ-SUN TV
* Sun TV Network defends promoter Kalanithi, says all legal obligations met
New Delhi: A day after reports emerged of former Union minister Dayanidhi Maran accusing his brother of "fraudulent practices" and "misgovernance", the elder sibling Kalanithi-run Sun TV on Friday said the division between the promoter family done 22 years back was in compliance with all legal obligations. *
DEL60 BIZ-PLANECRASH-CHANDRASEKARAN-LD TATA MOTORS
* At Tata Motors' AGM, Chandrasekaran pays homage to Air India plane crash victims
New Delhi: Tata Motors Chairman N Chandrasekaran on Friday led the management and the company's shareholders in paying homage to the victims of the Air India plane crash by observing a one-minute silence at the company's 80th annual general meeting (AGM) here. *
DEL68 BIZ-IRAN-ISRAEL-LD INDIA TRADE
* Govt meets stakeholders to assess impact of Iran-Israel conflict on trade; monitoring situation
New Delhi: The commerce ministry on Friday held consultations with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the Iran-Israel conflict on India's overseas trade, an official said. *
DCM68 BIZ-LILAVATITRUST-HDFC
* Lilavati Trust files Rs 1,000 cr defamation suit against HDFC Bank CEO
Mumbai: Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) on Friday said it has filed a Rs 1,000 crore civil defamation lawsuit against HDFC Bank MD & CEO Sashidhar Jagdishan, over a series of malicious, and false statements made against the Trust and its permanent trustee, Prashant Mehta. *
DEL53 BIZ-LD STOCKS
* Markets snap 3-day losing run; Sensex jumps 1,000 pts as financial, telecom shares gain
Mumbai: Equity benchmark indices Sensex and Nifty rebounded sharply by over 1 per cent on Friday after sliding for the past three sessions, propelled by bargain hunting in financial, telecom and tech stocks amid a correction in global crude prices. *
DEL54 BIZ-RBI-FOREX
* India's forex reserves rise USD 2.29 bn to USD 698.95 bn
Mumbai: India's forex reserves rose USD 2.294 billion to USD 698.95 billion for the week ended June 13, the RBI said on Friday. *
DEL79 BIZ-LD RUPEE
* Rupee recovers from two-month low level; settles 18 paise higher at 86.55 against US dollar
Mumbai: The rupee snapped its three-day losing streak and settled with a gain of 18 paise at 86.55 against the US dollar on Friday, buoyed by a massive inflow of foreign capital, retreating crude oil prices and a weakening greenback. *
DEL61 BIZ-GOLD-PRICE
* Gold declines Rs 600 to Rs 99,960/10 g; silver plunges Rs 2,000/kg
New Delhi: Gold prices slipped below the Rs 1 lakh-mark, falling Rs 600 to Rs 99,960 per 10 grams in the national capital on Friday due to selling by jewellers and stockists in line with weak global cues, according to the All India Sarafa Association. *