Business highlights

DEL65 BIZ-INFLATION-LD WPIWholesale inflation accelerates to 10-month high of 3.1 pc in Jan on costlier onion, potatoNew Delhi: Wholesale prices-based inflation accelerated to a 10-month high of 3.10 per cent in January mainly due to costlier food articles, particulary onion and potato, official data showed on Friday.

DEL62 BIZ-FM-LD POST BUDGETGovt willing to do more beyond Budget to boost growth: FMNew Delhi: Finance Minister Nirmala Sitharaman on Friday said that if required, the government would take more steps beyond the announcements made in the Union Budget 2020-21 to boost economic activities.DEL71 BIZ-TELECOM LD-ORDERAfter SC rap, DoT orders telcos to clear dues by 11.59 pm todayNew Delhi: After Supreme Court rap, the telecom department began issuing orders, directing companies such as Bharti Airtel and Vodafone Idea to clear dues before Friday midnight.

DEL68 BIZ-EXPORTSExports dip 1.66pc in JanNew Delhi: The country's exports contracted for the sixth month in a row by 1.66 per cent in January to USD 25.97 billion, according to the data released by the commerce ministry on Friday.

DEL56 BIZ-RUPEE-CLOSERupee settles 6 paise lower at 71.37 against US dollarMumbai: The Indian rupee on Friday fell by 6 paise to close at 71.37 (provisional) against the US dollar tracking heavy selling in domestic equities and strengthening of the American currency in the overseas market.DEL53 BIZ-DIPAM-AIR INDIAAir India sale expected in first half of next fiscal: DIPAM Sec PandeyNew Delhi: The government expects to complete sale of national carrier Air India in the first half of the next fiscal, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said on Friday.

DEL50 BIZ-LD STOCKSMarkets fall for 2nd day as SC ruling triggers selling in bank stocksMumbai: Markets spiralled lower for the second straight day on Friday as banking shares slumped after the Supreme Court took a strong note of telcos not complying with its order to pay Rs 1.47 lakh crore in statutory dues.

DCM31 BIZ-SBI-CHAIRMAN-TELECOMSBI not approached by any telco to finance AGR dues, say chairmanMumbai: It is incumbent on the telcos to find money and will be safe to presume that they would have made some arrangements for it by now, SBI chairman Rajnish Kumar said on Friday.

DCM26 AVI-ADANI-LD AIRPORTSAdani Group, AAI sign pacts for managing Ahmedabad, 2 other airportsMumbai: Adani Group on Friday inked agreements with state-owned Airports Authority of India (AAI) for the management, operations and development of Ahmedabad, Mangaluru and Lucknow airports.DCM19 BIZ-US-INDIA TRADEUSTR Robert Lighthizer unlikely to visit India ahead of Trump's official tourNew Delhi: The expected visit of US Trade Representative Robert Lighthizer this month, ahead of the two-day official tour of US President Donald Trump, to discuss a limited trade package with India is unlikely, an official said.