Business highlights

Following are the top business stories at 1920 hours DEL52 BIZ-LD SOCIAL MEDIA-RULES Govt announces new guidelines to curb misuse of social media platforms New Delhi The government on Thursday announced sweeping regulations for social media firm like Facebook and Twitter as well as OTT players such as Netflix, requiring them to remove any content flagged by authorities within 36 hours and setting up a complaint redressal mechanism with an officer being based in the country.

Following are the top business stories at 1920 hours: DEL52 BIZ-LD SOCIAL MEDIA-RULES Govt announces new guidelines to curb misuse of social media platforms New Delhi: The government on Thursday announced sweeping regulations for social media firm like Facebook and Twitter as well as OTT players such as Netflix, requiring them to remove any content flagged by authorities within 36 hours and setting up a complaint redressal mechanism with an officer being based in the country. DEL53 BIZ-LD STOCKS Benchmarks build on gains amid F&O expiry; RIL leads charge Mumbai: The Sensex surged past 51,000 points while the Nifty reclaimed the 15,000-mark on Thursday as indices darted up for the third straight session amid expiry of monthly derivative contracts and bullish global equities. DEL75 AGRI-FARMERS-TOMAR Centre ready to resume talks but farmer unions should first respond to govt proposal: Tomar New Delhi: Union Agriculture Minister Narendra Singh Tomar on Thursday reiterated that the government is ready to resume talks with protesting farmers but first the unions should respond to its offer to put the three contentious farm laws on hold for one-and-a-half years and set up a joint committee to find solutions.

DEL32 BIZ-LD RBI-DAS Need coordinated action between centre, states on tax reduction in fuel prices: RBI Guv Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said there is a need for coordinated action between the centre and state governments to reduce taxes on petrol and diesel prices.

DCM26 BIZ-LPG-PRICE HIKE Subsidised, non-subsidised LPG price hiked by Rs 25 per cylinder New Delhi: Cooking gas LPG price on Thursday was hiked by Rs 25 per cylinder across all categories, including subsidised fuel and those availed by Ujjwala scheme beneficiaries.

EL62 BIZ-LD RUPEE Rupee skids 8 paise to 72.43 against USD Mumbai: The rupee ended 8 paise lower at 72.43 against the US currency on Thursday as month-end dollar demand and higher crude oil prices brought the domestic unit under pressure.

DEL46 BIZ-RULES-VIDEO STREAMING-NEWS 'Code of ethics' to be applicable for news publishers, OTT players, digital media: Govt New Delhi: The government on Thursday said a 'code of ethics' and three-tier grievance redressal mechanism would be applicable for news publishers, over-the-top (OTT) platforms and digital media.

DEL57 BIZ-GOLD-PRICE Gold declines Rs 358; silver up Rs 151 New Delhi: Gold prices on Thursday declined by Rs 358 to Rs 45,959 per 10 grams in the national capital, amid selling in the international markets, according to HDFC Securities.

DCM34 BIZ-LD MOODYS-GROWTH India to clock 13.7 pc growth in FY'22, contract 7 pc this fiscal: Moody's New Delhi: The Indian economy is expected to clock a growth of 13.7 per cent in FY'22, registering a strong rebound from a 7 per cent contraction this fiscal, on the back of normalisation of activity and growing confidence in the market with the rollout of COVID-19 vaccine, Moody's Investors Service said on Thursday.

DCM39 BIZ-ESIC-PAYROLL DATA ESIC scheme adds 12.06 lakh new members in Dec 2020 New Delhi: Around 12.06 lakh new members joined the ESIC-run social security scheme in December 2020 against 9.48 lakh in the previous month, official data showed on Thursday, giving perspective on formal sector employment in the country.

DCM44 JK-INDUSTRIES-APPT LG Manoj Sinha picks top IRTS officer Ranjan P Thakur for J&K industrial outreach New Delhi: Jammu and Kashmir Lt Governor Manoj Sinha has picked top Indian Railway Traffic Service officer Ranjan Prakash Thakur to help him in the Union Territory's industrial outreach.

DCM31 BIZ-RBI-DAS-ARC Proposed ARC will not 'jeopardise' existing players: RBI Guv Mumbai: The proposed asset reconstruction company (ARC) for management of non-performing assets (NPAs) announced in Budget 2021 will not 'jeopardise' the activities of existing players in the space, Reserve Bank Governor Shaktikanta Das said on Thursday. PTI SHW SHW