Business highlights

Following are the top business stories at 1930 hours DEL40 BIZ-RBI-FOREX RESERVES Forex reserves fall by USD 2.986 bn to USD 579.285 bn Mumbai The countrys foreign exchange reserves declined by USD 2.986 billion to reach USD 579.285 billion in the week ended March 26, RBI data showed on Friday.

Following are the top business stories at 1930 hours: DEL40 BIZ-RBI-FOREX RESERVES Forex reserves fall by USD 2.986 bn to USD 579.285 bn Mumbai: The country's foreign exchange reserves declined by USD 2.986 billion to reach USD 579.285 billion in the week ended March 26, RBI data showed on Friday. DEL32 BIZ-SMALL SAVINGS-WB West Bengal contributes highest to small savings schemes New Delhi: West Bengal, which is the midst of a high-pitched assembly election, accounts for the highest collection of about Rs 90,000 crore from small savings schemes such as NSC and PPF among the states and union territories, which is about 15 per cent of the total corpus. DCM3 BIZ-FUTURE RELIANCE Reliance Retail extends deadline to complete Rs 24,713 crore deal with Future Group New Delhi: Reliance Retail Ventures, the retail arm of Reliance Industries, has extended the timeline for six months to complete its Rs 24,713 crore deal with Kishore Biyani-led future group to buy its retail and wholesale business.

DCM26 BIZ-CATAMARAN VENTURES Catamaran Ventures in talks to invest in Udaan New Delhi: Catamaran Ventures, the private investment firm of Infosys' co-founder N R Narayana Murthy, is in talks to invest in B2B e-commerce platform Udaan, according to sources.

DCM15 BIZ-INDIA-SAUDI-OIL India asks state refiners to review oil import contracts with Saudi New Delhi: Amid tensions with Saudi Arabia over oil production cuts, India has asked its state refiners to review contracts they enter into for buying crude oil from the Middle East nation and negotiate more favourable terms, a top official said. DCM20 BIZ-FRANKLIN TEMPLETON-MF Franklin Templeton MF's six shut schemes generate Rs 15,776 cr New Delhi: Franklin Templeton Mutual Fund on Friday said its six shut schemes have received Rs 15,776 crore from maturities, prepayments and coupon payments since closing down in April, 2020.

DCM23 BIZ-MALLS-COVID-RESTRICTIONS Shut down trains and local mkts, not malls, to curb COVID-19 infections: Malls body Mumbai: A day after a suggestion was made for shutting down malls in the financial capital by the Mayor, a lobby grouping of such establishments on Friday appealed for the shopping plazas to be allowed to operate normally.