NEWS ON AIR http://newsonair.nic.in/Default.aspx Website cell, IT Unit, NSD, All India Radio, New Broadcasting House, New Delhi, India ? 2006 All rights reserved. All India Radio AIR International News RBI puts into circulation Rs 50 banknotes signed by Governor Shaktikanta Das http://newsonair.nic.in/Main-News-Details.aspx?id=362354 BNE The Reserve Bank of India has put into circulation 50 rupees denomination banknotes signed by its Governor Shaktikanta Das. Sensex soars 370 points; Nifty ends at 11,787 http://newsonair.nic.in/Main-News-Details.aspx?id=362110 BNE The Sensex and Nifty Tuesday logged robust gains to hit record highs. FPIs remain bullish on Indian markets, pour in Rs 11096 cr in April so far http://newsonair.nic.in/Main-News-Details.aspx?id=362230 BNE Foreign investors have pumped in a net sum of 11,096 crore rupees into the Indian capital markets in April so far, driven by global and domestic factors. Retail inflation inches up to 2.86% in March http://newsonair.nic.in/Main-News-Details.aspx?id=362168 BNE Retail inflation saw a marginal rise of 2.86 per cent in March this year on account of increase in prices of food articles and fuel. Rupee weakens 25 paise to 69.18 against dollar http://newsonair.nic.in/Main-News-Details.aspx?id=362162 BNE The rupee today weakened 25 paise to around 69 rupees and 18 paise against the US dollar. Govt retains interest rate for General Provident Fund at 8% http://newsonair.nic.in/Main-News-Details.aspx?id=362064 BNE The government has retained the interest rate for General Provident Fund (GPF), Contributory Provident Fund and other related schemes at 8 per cent for the first quarter of current financial year. Finance Ministry extends last date for filing final sales return for March till April 13 http://newsonair.nic.in/Main-News-Details.aspx?id=362088 BNE Finance Ministry has extended last date for filing final sales return for March till April 13. Sensex slumps 354 points to end at 38,585 http://newsonair.nic.in/Main-News-Details.aspx?id=361857 BNE Benchmark indices ended lower tracking negative global cues after IMF cut global growth estimate to 3.3 per cent for this year, amid doubts over US-China trade talks and Brexit outcome. SBI cuts interest rates on home loans http://newsonair.nic.in/Main-News-Details.aspx?id=362052 BNE The State Bank of India has re-priced home loans up to Rs 30 lakh by 10 basis points. RBI issues norms for banks to set up currency chests http://newsonair.nic.in/Main-News-Details.aspx?id=362031 BNE Reserve Bank of India(RBI) has come out with guidelines for banks to set up new currency chests, which include minimum area of 1,500 square feet for strong room. Senior US Treasury official David Malpass selected as President of World Bank http://newsonair.nic.in/Main-News-Details.aspx?id=361878 BNE Senior US Treasury official David Malpass has been selected as President of the World Bank. Rupee appreciates by 12 paise against US dollar http://newsonair.nic.in/Main-News-Details.aspx?id=361828 BNE The rupee today appreciated by 12 paise to 69.05 against the US dollar in opening trade driven by the weakening of the greenback in overseas markets and higher opening in domestic equities. CBDT rejects report which claims spike in number of I-T stop filers after demonetization http://newsonair.nic.in/Main-News-Details.aspx?id=361823 BNE Central Board of Direct Taxes (CBDT) has rejected media report which claimed that there had been a spike in the number of income tax stop filers in the year of demonetization. RBI tweaks LCR norms to boost liquidity http://newsonair.nic.in/Main-News-Details.aspx?id=361809 BNE In a bid to further improve the cash position of banks, RBI has tweaked liquidity coverage ratio (LCR) norms to provide an additional 2 per cent window to lenders. Sensex loses 192 points to close at 38,685 http://newsonair.nic.in/Main-News-Details.aspx?id=361807 BNE At the stock markets, key indices ended lower for the second straight day today while the rupee posted sharp losses against the dollar. Country's exports will cross 331 billion dollar mark in 2018-19: Prabhu http://newsonair.nic.in/Main-News-Details.aspx?id=361764 BNE India's exports are expected to reach 32.4 billion dollars in March, the highest in any month so far, on account of healthy growth in sectors such as pharmaceuticals. India likely to grow at 7.2% in current fiscal year: ADB http://newsonair.nic.in/Main-News-Details.aspx?id=361767 BNE Asian Development Bank, ADB, says India's growth is set to pick up. In its report released today, ADB said India is expected to grow at 7.2 per cent in the current fiscal on strengthening consumption. Sensex closes at 38,877; Nifty drops to 11,644 http://newsonair.nic.in/Main-News-Details.aspx?id=361762 BNE At the stock markets, the Sensex at the Bombay Stock Exchange lost 180 points, or 0.5 percent, to close at 38,877, today. Sensex rises 185 points; Nifty ends at 11,713 http://newsonair.nic.in/Main-News-Details.aspx?id=361215 BNE At the stock markets, Sensex hit a fresh all-time high on Tuesday and the rupee posted solid gains against the dollar. SFIO arrests former IL&FS vice chairman for fraudulent conduct http://newsonair.nic.in/Main-News-Details.aspx?id=361718 BNE The Serious Fraud Investigation Office (SFIO) of the Ministry of Corporate Affairs has arrested former vice chairman of crisis-hit IL&FS for fraudulent conduct and causing wrongful loss to the company and its creditors. RBI to unveil this fiscal's first bi-monthly policy decision today http://newsonair.nic.in/Main-News-Details.aspx?id=361717 BNE The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) will meet for the new fiscal's first bi-monthly monetary policy today. Reserve Bank to inject USD 5 billion more liquidity into banking system http://newsonair.nic.in/Main-News-Details.aspx?id=361716 BNE The Reserve Bank of India, RBI yesterday said it will inject long-term liquidity worth 5 billion US Dollars into the banking system through a dollar-rupee buy-sell swap for a tenure of three years on April 23. Bank of Baroda becomes 2nd largest state-owned lender after merging Dena Bank & Vijaya Bank into it http://newsonair.nic.in/Main-News-Details.aspx?id=361655 BNE Bank of Baroda (BoB) today became the second largest state-owned lender after merging Dena Bank and Vijaya Bank into it as part of the first three-way amalgamation. RBI directs banks dealing with govt business to keep their branches open today http://newsonair.nic.in/Main-News-Details.aspx?id=361617 BNE The RBI has directed banks dealing with government business to keep their branches open today, as it is the last day of the current financial year. GST Authority clarifies on change/transfer in ownership of sole proprietorship http://newsonair.nic.in/Main-News-Details.aspx?id=361549 BNE The Goods and Services Tax, GST Authority has clarified that transfer or change in the ownership of business will include transfer or change in the ownership of business due to death of the sole proprietor. Govt decides to infuse around Rs 5000 Cr into Bank Of Baroda http://newsonair.nic.in/Main-News-Details.aspx?id=361522 BNE The government has decided to infuse around five thousand crore rupees into state-owned Bank of Baroda ahead of merger of two other public sector lenders Dena Bank and Vijaya Bank with Bank of Baroda. Sensex up by 205 points to trade at 38,439 http://newsonair.nic.in/Main-News-Details.aspx?id=361448 BNE The benchmark BSE Sensex jumped 205 points to trade at 38,439 in early deals today. Rupee depreciates by 12 paise to 68.98 against dollar http://newsonair.nic.in/Main-News-Details.aspx?id=361479 BNE The rupee depreciated by 12 paise to 68.98 against the US dollar in early trade today on increased demand for the US currency from importers and rising crude prices. India ranks 76th on WEF global Energy Transition index http://newsonair.nic.in/Main-News-Details.aspx?id=361404 BNE India has moved up two places to rank 76th on a global energy transition index. Sensex gains 71 points to close at 38,095 http://newsonair.nic.in/Main-News-Details.aspx?id=360988 BNE Rising for the sixth straight session, the Sensex at the Bombay Stock Exchange gained 71 points, or 0.2 percent, to close at 38,095. GST Council to meet tomorrow http://newsonair.nic.in/Main-News-Details.aspx?id=361153 BNE The Goods and Services Tax, GST Council will meet in New Delhi tomorrow. India's trade deficit narrows; exports up by 2.44%, imports decline by 5.4% http://newsonair.nic.in/Main-News-Details.aspx?id=361033 BNE India's trade deficit narrowed in the month of February this year to 9.6 billion dollars. Inflation, based on wholesale prices rises to 2.93 % in February http://newsonair.nic.in/Main-News-Details.aspx?id=360913 BNE Inflation, based on wholesale prices, rose to 2.93 per cent in February. Govt releases national guidelines on responsible business conduct http://newsonair.nic.in/Main-News-Details.aspx?id=360953 BNE Ministry of Corporate Affairs has released national guidelines on responsible business conduct. Sensex surges 217 points; Nifty ends at 11,342 http://newsonair.nic.in/Main-News-Details.aspx?id=360951 BNE Benchmark domestic stocks Wednesday closed with gains for the third straight session. Sensex and Nifty, both, rallied even as cues from global stocks were negative. RBI to infuse Rs 12,500 crore via OMOs http://newsonair.nic.in/Main-News-Details.aspx?id=360925 BNE The Reserve Bank of India, RBI has said it will infuse 12,500 crore rupees into the system through open market operations (OMOs) tomorrow. Industrial growth slows to 1.7% in January 2019 http://newsonair.nic.in/Main-News-Details.aspx?id=360914 BNE Industrial output growth stood at 1.7 per cent in January this year on account of slowdown in the manufacturing sector. Sensex shoots up 481 points; Nifty reclaims 11300-level http://newsonair.nic.in/Main-News-Details.aspx?id=360904 BNE Benchmark domestic stocks Tuesday surged more than one per cent extending previous session's gains. Sensex surges 383 points; Nifty closes at 11,168 http://newsonair.nic.in/Main-News-Details.aspx?id=360712 BNE Benchmark domestic stocks Monday closed with gains of more than one per cent amid Positive cues from Asian markets. World Bank to provide 250 Million dollar for NRETP to boost Rural incomes in India http://newsonair.nic.in/Main-News-Details.aspx?id=360621 BNE World Bank to provide 250 Million dollar for the National Rural Economic Transformation Project (NRETP) to boost Rural Incomes across 13 States in India. Govt committed to facilitate trade, industry in country: Jaitley http://newsonair.nic.in/Main-News-Details.aspx?id=360611 BNE Finance and Corporate Affairs Minister Arun Jaitley today said the government is committed to facilitate trade and industry in the country so that the momentum of the growth continues to move up. Govt fixes sugar sale quota for March http://newsonair.nic.in/Main-News-Details.aspx?id=360604 BNE The government has fixed sugar sale quota for the month of March. Sugar mills can sell 24.5 lakh tonne of the sweetener in the open market in the current month. India signs loan agreement with World Bank Uttarakhand Disaster Recovery Project http://newsonair.nic.in/Main-News-Details.aspx?id=360609 BNE India today signed a loan agreement with the World Bank for 96 Million US dollars for additional financing of Uttarakhand Disaster Recovery Project. Indian economy expected to grow at 7.3% in 2019-20: Moody's http://newsonair.nic.in/Main-News-Details.aspx?id=360406 BNE Indian economy is expected to grow at 7.3 per cent in calendar years 2019 and 2020, the US-based rating agency Moody's said on Friday. Centre,ADB sign 926 million loan agreement to operationalize two lines of Mumbai Metro http://newsonair.nic.in/Main-News-Details.aspx?id=360426 BNE The Centre and the Asian Development Bank (ADB) have signed a 926 million dollar loan agreement to operationalize two lines of the Mumbai Metro Rail System. GST collection in February stands at Rs 97,247 cr http://newsonair.nic.in/Main-News-Details.aspx?id=360413 BNE The GST collection in the month of February stood at 97 thousand 247 crore rupees. However, the collection in previous month was over one lakh crore rupees. RBI, Bank of Japan sign Bilateral Swap Arrangement http://newsonair.nic.in/Main-News-Details.aspx?id=360360 BNE Reserve Bank of India and Bank of Japan have signed a Bilateral Swap Arrangement (BSA). I India, Italy should make concerted effort to promote bilateral trade: Prabhu http://newsonair.nic.in/Main-News-Details.aspx?id=360346 BNE Commerce and Industry Minister Suresh Prabhu has said India and Italy should make a concerted effort to promote and expand bilateral trade between the countries.