BUSINESS HIGHLIGHTS

New Delhi, Jul 1 (PTI) Following are the top business stories at 2030 hours:

     DEL60 BIZ-GST-LD COLLECTION
     * Gross GST collections rise 6.2 pc to over Rs 1.84 lakh cr in Jun
     New Delhi: Gross GST collections increased by 6.2 per cent to over Rs 1.84 lakh crore in June but slipped below the Rs 2 lakh crore mark recorded in the previous two months. *

     DEL53 BIZ-INDIA-US-TRADE PACT
     * Talks on India-US trade pact enter sixth day in Washington
     New Delhi: Hectic negotiations between India and the US will enter the sixth day on Tuesday in Washington, with the talks reaching a crucial stage and New Delhi demanding greater market access for its labour-intensive goods, an official said. *

     DEL16 BIZ-ATF-PRICE-HIKE
     * ATF price hiked by steep 7.5%, commercial LPG rate cut by Rs 58.5
     New Delhi: The price of jet fuel (ATF) was sharply increased by 7.5 per cent on Tuesday, while the cost of LPG used in commercial establishments was reduced by Rs 58.50 per cylinder, reflecting shifts in international benchmark rates. *

     DCM78 BIZ-PMI-MANUFACTURING
     * India's mfg sector growth hits 14-month high in June on expansion in employment, output
     New Delhi: India's manufacturing sector growth rose to a 14-month high of 58.4 in June marked by improved trends in output and new orders, alongside a record upturn in employment, a monthly survey said on Tuesday. *

     DEL43 BIZ-LD-STOCKS
     * Stock markets close higher on buying in Reliance, HDFC Bank
     Mumbai: Benchmark stock indices Sensex and Nifty closed higher in a range-bound trade on Tuesday, helped by gains in index heavyweight Reliance Industries and HDFC Bank. *

     DEL72 BIZ-LD RUPEE
     * Rupee rises 17 paise to close at 85.59 against US dollar
     Mumbai: Rupee appreciated 17 paise to close at 85.59 against the US dollar on Tuesday, supported by weakness of the American currency in the overseas market and a positive tone in the domestic equities amid rise in risk appetite. *

     DCM110 BIZ-JSW PAINTS-LD AKZO NOBEL
     * JSW to fund Rs 13k-cr Akzo Nobel India deal via mix of promoter capital infusion, debts
     Mumbai: JSW Paints will fund its Rs 13,000-crore deal to acquire Akzo Nobel India Ltd (ANIL) through a mix of fund infusion of promoters, debts and PE funds, said its Managing Director Parth Jindal on Tuesday. *

     DCM96 BIZ-LD AUTO SALES
     * Maruti, Hyundai see double-digit fall in June sales amid demand slowdown
     New Delhi: Automakers Maruti Suzuki and Hyundai Motor India reported a double-digit drop in vehicle dispatches in June amid a demand slowdown in the domestic market. *

     DEL39 BIZ-GOLD-PRICE
     * Gold snaps 7-day losing streak; rallies Rs 1,200 to Rs 98,670/10 g
     New Delhi: Cutting short the seven-day losing streak, gold prices rebounded by Rs 1,200 to Rs 98,670 per 10 grams in the national capital on Tuesday due to fresh buying by stockists in line with strong global trends, according to the All India Sarafa Association. *

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