India markets open in 6 hours 46 minutes

    -243.62 (-0.51%)
  • Nifty 50

    -63.05 (-0.44%)
  • Dow

    +316.01 (+0.93%)
  • Nasdaq

    +163.95 (+1.19%)

    -111,916.50 (-2.63%)
  • CMC Crypto 200

    +5.88 (+0.47%)
  • Hang Seng

    -513.81 (-1.76%)
  • Nikkei

    -591.83 (-2.03%)

    -0.0087 (-0.01%)

    -0.0423 (-0.04%)

    -0.0010 (-0.00%)

    -0.0003 (-0.02%)

    +0.0220 (+0.04%)

Business highlights

·3-min read

New Delhi, Apr 6 (PTI) Following are the top business stories at 1915 hours: DEL55 BIZ-LD STOCKS Markets eke out slim gains in choppy trade; RBI policy eyed Mumbai:The Sensex and Nifty ended marginally higher on Tuesday after see-saw trade amid concerns over the economic impact of the second wave of coronavirus infections and localised lockdowns in some states.

DEL61 BIZ-LD-RUPEE Rupee drops by 12 paise to 73.42 on COVID worries Mumbai: The rupee pared its initial gains to close down by 12 paise at 73.42 against the US currency on Tuesday amid concerns that rising COVID-19 cases and subsequent lockdowns in some states may hurt the economic recovery.

DCM6 BIZ-FINMIN-FPI FPIs invest Rs 2.74 lakh cr in equity markets during FY'21 New Delhi:The Finance Ministry on Tuesday said India witnessed strong Foreign Portfolio Investment (FPI) inflows into the equity markets to the tune of Rs 2,74,034 crore during 2020-21, despite the outbreak of COVID-19.

DCM20 BIZ-IEX SPOT POWER PRICE Average spot power price jumps 65pc to Rs 4.06/unit at IEX New Delhi: Average spot power price rose by 65 per cent to Rs 4.06 per unit in March compared to the year-ago month at Indian Energy Exchange (IEX) mainly due to increase in demand on account of rise in temperature and revival of economic activities.

DCM24 BIZ- LD SEBI-CMD ROLE Work towards splitting roles of chairperson, MD/CEO before Apr 2022 deadline: Sebi to listed cos New Delhi: Capital markets regulator Sebi on Tuesday asked listed companies to work towards splitting the roles of chairman and managing director before the April 2022 deadline, as the new directive is not aimed at weakening the position of promoters.

DCM27 BIZ-MCKINSEY-JOBS India should have done more to protect jobs: McKinsey official Mumbai: India should have done more to protect jobs during the pandemic, a senior official from a global consultancy firm said on Tuesday.

DCM28 BIZ-INDIA-SAUDI-OIL India to buy one-third less oil from Saudi Arabia New Delhi: Indian refiners will buy less oil from Saudi Arabia next month as they snap up supplies outside of the Middle East as part of diversification drive amid weakening domestic fuel demand on the resurgence of COVID-19.

DCM49 BIZ-LD JIO-AIRTEL-SPECTRUM Jio inks pact with Airtel to buy some spectrum in 800 MHz band; deal valued at Rs 1,497 cr New Delhi: Reliance Jio has signed an agreement with Bharti Airtel to acquire a portion of spectrum in 800 MHz band for Andhra Pradesh, Delhi and Mumbai circles at an aggregate value of Rs 1,497 crore -- marking the first such deal between the two telecom giants.

DCM52 BIZ-TELECOM-AGR DoT files affidavit before Supreme Court on AGR payments New Delhi: The Department of Telecom has filed an affidavit before the Supreme Court on the status of statutory dues paid by telecom operators, a government official said on Tuesday.

DCM21 BIZ-GOLD-PRICE Gold climbs Rs 83 tracking global trends New Delhi: Gold prices in the national capital rose by Rs 83 to Rs 45,049 per 10 gram on Tuesday following a rally in international precious metal prices, according to HDFC Securities. PTI SHW SHW