BUSINESS HIGHLIGHTS

pti-preview-theweek

New Delhi, Jul 14 (PTI) Following are the top business stories at 2045 hours:

     DEL71 BIZ-LDALL INFLATION
     * Retail inflation eases to over 6-yr low of 2.1 pc in June on subdued food prices
     New Delhi: Retail inflation declined to over six-year low of 2.1 per cent in June, nearing the RBI's comfort zone, on account of subdued prices of food items, including vegetables, driven by widespread monsoon. *


     DEL91 AVI-DGCA-LD BOEING PLANES
     * DGCA asks airlines to check fuel switch locking system in Boeing 787, 737 planes
     Mumbai: Aviation watchdog DGCA on Monday directed airlines to inspect the fuel switch locking system in their Boeing 787 and 737 planes, two days after AAIB's preliminary report said fuel switches were cut off before the Air India plane crash that killed 260 people last month. *

    
     DEL55 AVI-PLANE CRASH REPORT-2NDLD AIR INDIA CEO
     * Air India CEO says crash probe raises more questions, premature to jump to any conclusion
     New Delhi: The preliminary report into the crash of Air India flight AI171 last month has raised more questions, the airline's CEO said as he defended the fitness of pilots and aircraft saying no mechanical or maintenance issues have been flagged in the report. *


     DEL52 BIZ-LD INDIA-US-TRADE-NITI AAYOG
     * Indian exports to US to be more competitive after tariff hike on China, other countries: Niti Aayog
     New Delhi: Indian exports to the US will become more competitive following imposition of higher tariffs by the Trump administration on countries, including China, Canada, and Mexico, NITI Aayog said in a report on Monday. *


     DEL56 BIZ-LD-STOCKS
     * Sensex, Nifty fall for 4th day on selling in IT shares, foreign fund outflows
     Mumbai: Benchmark stock indices Sensex and Nifty declined on Monday, extending the losing run to the fourth day amid selling in IT shares and foreign fund outflows. *

    
     DEL96 BIZ-LD RUPEE
     * Rupee falls 12 paise against US dollar
     Mumbai: The rupee depreciated 12 paise to close at 85.92 against the US dollar on Monday due to a rise in global crude oil prices and a strengthening greenback against major currencies overseas. *


     DEL24 BIZ-JANE STREET-SEBI
     * Jane Street deposits Rs 4,843 cr in escrow account; requests Sebi to lift curbs
     New Delhi: US-based hedge fund Jane Street, which allegedly made handsome gains through market manipulation, has deposited the mandated Rs 4,843.57 crore in an escrow account in favour of Sebi and requested it to lift certain restrictions. *


     DCM79 BIZ-INDIA-NEWZEALAND-FTA
     * India, New Zealand begin 2nd round of talks for proposed trade pact
     New Delhi: India and New Zealand on Monday started the second round of negotiations for the proposed free trade agreement, aimed at boosting two-way commerce and investments, an official said. *


     DCM77 BIZ-LD TRADE-PACTS
     * Discussions on for trade pacts with EU, US: Commerce Secy
     New Delhi: Negotiations for proposed trade agreements with the European Union (EU) and the US are going on, Commerce Secretary Sunil Barthwal said on Monday. *


     DEL66 BIZ-BULLION-PRICE
     * Silver jumps Rs 5,000 to hit fresh peak of Rs 1.15 lakh/kg
     New Delhi: Silver prices skyrocketed Rs 5,000 to hit a fresh peak of Rs 1,15,000 per kg in the national capital on Monday as investors rushed to safe-haven assets following weakness in the US Dollar amid uncertainties over US tariff threats. *

    
     DCM80 BIZ-FM-GCC
     * GCCs' contribution to Indian economy to rise to USD 200 bn by 2030: Sitharaman
     New Delhi: Finance Minister Nirmala Sitharaman on Monday said Global Capability Centres (GCC) could contribute up to USD 200 billion to the Indian economy and create additional jobs by 2030. *


     DCM63 BIZ-RESULTS-HCLTECH
     * HCLTech Q1 net profit dips 9.7 pc to Rs 3,843 cr; revenue rises 8.1 pc to Rs 30,349 cr
     New Delhi: HCLTech on Monday reported a 9.7 per cent decline in consolidated net profit for the April-June quarter of this fiscal year at Rs 3,843 crore as the IT services firm and pegged the revenue growth guidance at 3-5 per cent for FY26. *

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