BUSINESS HIGHLIGHTS

pti-preview-theweek

New Delhi, Jul 8 (PTI) Following are the top business stories at 2025 hours:

     DEL46 BIZ-X ACCOUNT-GOVT
     * Govt denies making any fresh demand for blockage of global wire agency's X account
     New Delhi: The government on Tuesday said it has not made any fresh requests to block access to certain X accounts in the country and that it had proactively got blockage of a prominent international wire agency lifted. *


     DEL9 BIZ-INDIA-US-TRADE-EXPORTERS
     * US extends suspension of reciprocal tariffs to Aug 1; relief to Indian exporters
     New Delhi: The US has extended the suspension of its April 2 reciprocal tariffs until August 1, a move which provides relief to Indian exporters and additional time for New Delhi and Washington to resolve pending issues to finalise an interim trade deal. *


     DEL45 BIZ-STRIKE-BMS
     * BMS not to participate in General Strike on Wednesday
     New Delhi: RSS-aligned Bharatiya Mazdoor Sangh (BMS) on Tuesday said it will not participate in the nationwide general strike called on July 9 by a forum of 10 central trade unions and their associate federations. *


     DEL23 BIZ-JANE STREET-BUCH
     * Buch says Jane St probe started during her stint, denies regulatory failure
     Mumbai: Former Sebi chairperson Madhabi Puri Buch on Tuesday said the capital markets regulator was seized of the Jane Street matter since April 2024, and termed attempts to imply regulatory failure as "unfortunate". *


     DEL26 BIZ-LD-STOCKS
     * Sensex advances 270 pts on fag-end buying in banking stocks, gains in Asian peers
     Mumbai: Benchmark BSE Sensex closed higher by 270 points on Tuesday, helped by late-day buying in banking and select IT shares as well as positive trends in the Asian markets. *


     DEL49 BIZ-LD RUPEE
     * Rupee rises 21 paise to close at 85.73 against US dollar
     Mumbai: The rupee rose 21 paise to close at 85.73 against the US dollar on Tuesday on the back of a decline in global crude oil prices and a weaker greenback against major rivals. *


     DEL11 BIZ-FATF-TERROR FINANCING
     * E-comm platforms, online payments services being abused for terror financing: FATF
     New Delhi: Global terror financing watchdog FATF on Tuesday cited the February 2019 Pulwama terror attack, which killed 40 CRPF personnel, and the 2022 Gorakhnath Temple incident to say that e-commerce platforms and online payment services are being misused for terror financing. *


     DCM28 BIZ-EV SALES-FADA
     * EV sales in India rise 28.6 pc to 1,80,238 in June: FADA
     Mumbai: Electric vehicle (EV) sales in India rose 28.60 per cent to 1,80,238 units in June over the period year-ago, driven by massive jump in e-passenger vehicle volumes, Federation of Automobile Dealers' Association (FADA) said in a statement on Tuesday. *


     DEL27 BIZ-GOLD-PRICE
     * Gold climbs Rs 550 to Rs 99,120/10 g; silver remains flat
     New Delhi: Gold prices climbed Rs 550 to Rs 99,120 per 10 grams in the national capital on Tuesday due to fresh buying by stockists, according to the All India Sarafa Association. *

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