New Delhi, Jan 10 (PTI) Following are the top business stories at 1925 hours: DCM21 BIZ-CURRENCY-CIRCULATION Currency in circulation rises Rs 3.23 lakh cr in first nine months of FY21 Mumbai: The Currency in Circulation (CiC) grew by around 13 per cent in the first nine months of the current fiscal as people preferred holding on to cash as a precautionary measure amid the uncertainty caused due to the COVID-19 pandemic.
DEL35 BIZ-BIRD FLU Bird flu confirmed in 7 states; test results of Delhi, Maharashtra samples awaited New Delhi: The Centre on Sunday said bird flu outbreak has been confirmed in seven states -- Kerala, Rajasthan, Madhya Pradesh, Himachal Pradesh, Haryana, Gujarat and Uttar Pradesh, while test results are still awaited for Delhi and Maharashtra samples.
DCM29 BIZ-GADKARI-CARTEL Big steel, cement firms operating as a cartel; need to place regulator: Gadkari Mumbai: Big players in the steel and cement industry are indulging in cartelisation to jack-up prices, Union Road Transport Minister Nitin Gadkari has said, pitching to place a regulator for the sectors.
DCM22 BIZ-EXPORTS Exports show signs of revival, up 16.22 pc during Jan 1-7: Official New Delhi: The country's exports grew 16.22 per cent year-on-year to USD 6.21 billion in the first week of January, mainly driven by healthy growth in pharmaceuticals, and engineering sectors, reflecting signs of revival, an official said on Sunday.
DCM19 BIZ-FINMIN-RBI RBI raises concerns over zero-coupon bond for PSB recapitalisation New Delhi: The Reserve Bank of India (RBI) has expressed some concerns over zero-coupon bonds for the recapitalisation of public sector banks (PSBs) and discussion is on between the central bank and Finance Ministry to find a solution, according to sources.
DCM28 BIZ-GST-FAKE INVOICES GST authorities arrest 215 persons in fake invoice cases, recover over Rs 700 cr in 2 mths New Delhi: The Directorate General of GST Intelligence (DGGI) and the CGST Commissionerates have recovered more than Rs 700 crore and arrested 215 persons in the last two months in cases related to fake GST invoices that were used to illegally avail or pass on input tax credit (ITC).
DCM10 BIZ-WEF-DAVOS-INDIA Tomar, Gadkari, Irani to participate in online Davos Agenda summit New Delhi/Geneva: Several union ministers including Narendra Singh Tomar, Nitin Gadkari, Smriti Irani, Piyush Goyal and Dharmendra Pradhan along with top business leaders such as Mukesh Ambani and Anand Mahindra will participate in a five-day online Davos Agenda summit of the World Economic Forum this month.
DCM26 BIZ-FMCG-PRICE HIKE FMCG cos look to hike prices to offset inflationary pressure on raw material inputs New Delhi: Consumers may have to shell out more money for their daily use products as FMCG firms, which are facing inflationary pressure on their key raw material inputs, are considering marginal hike on their products price to offset it.
DCM1 BIZ-MARKET OUTLOOK Macro data, corporate earnings, global trends to drive mkt this week: Analysts New Delhi: Domestic equity market will keenly follow in the coming week macroeconomic data announcements and quarterly earnings of companies on the domestic front and also take cues from global trends, analysts said.
DCM23 BIZ-FPI-INFLOWS FPIs invest Rs 5,156 cr in Indian equities in Jan so far New Delhi: Foreign portfolio investors (FPIs) have pumped Rs 5,156 crore into Indian capital markets in the first six trading sessions this year amid expectations of strong third-quarter earnings and a reformist budget. PTI RVK