Business highlights

Following are the top business stories at 1930 hours: DEL55 LSQ-LD FM-ECONOMY India's strong fundamentals, market size will continue to attract foreign investments: FM New Delhi: Asserting that the Indian economy is showing signs of revival since the peaking of second COVID wave in May, the government on Monday said the country's strong fundamentals and market size will continue to attract market-seeking greenfield investments.

DEL48 BIZ-LD STOCKS Sensex sinks 587 pts amid global selloff; HDFC Bank top drag post Q1 show Mumbai: Domestic equity benchmarks posted their biggest drop in more than two months on Monday as a selloff in global markets and lacklustre corporate results sapped risk appetite. DEL58 LSQ-LD PETROL-EXCISE Excise on petrol, diesel gives Rs 94,181 cr 3 months, Rs 3.35 lakh cr in FY21 New Delhi: The Union government has collected Rs 94,181 crore through levy of excise duty on petrol and diesel in the first three months of the current fiscal on the back of a record tax on fuel that yielded 88 per cent higher revenue the previous financial year, the Lok Sabha was informed on Monday.

DEL63 LSQ-VIVAD SE VISHWAS 1.32 lakh declarations involving Rs 99,765 cr disputed tax filed under Vivad se Vishwas scheme New Delhi: Over 1.32 lakh declarations entailing disputed tax of Rs 99,765 crore have been filed under the 'Vivad se Vishwas' dispute resolution scheme, Parliament was informed on Monday. DEL64 BIZ-PULSES-STOCK LIMIT Centre exempts pulses' importers from stock limits; norms for millers, wholesalers also relaxed New Delhi: The government on Monday exempted importers of pulses from stock limits, and also relaxed the norms for millers and wholesalers, in view of softening of prices of the key pulses in the country.

DEL52 BIZ-LD RUPEE Rupee tumbles 31 paise to 74.88 per USD Mumbai: The rupee tumbled 31 paise to end at 74.88 against the US dollar on Monday, marking its second straight session of loss amid a negative trend in domestic equities and strengthening of the greenback overseas.

DCM50 LSQ-ADANI Sebi, DRI probing Adani Group firms: Minister New Delhi: Markets regulator Sebi and the Directorate of Revenue Intelligence (DRI) are probing some Adani Group companies for alleged non-compliance with rules, the government told Lok Sabha on Monday.

DEL42 BIZ-GOLD-PRICE Gold tumbles by Rs 126; silver slips to Rs 66,856 New Delhi: Gold in the national capital on Monday dipped Rs 126 to Rs 46,967 per 10 gram in line with a fall in international precious metal prices, according to HDFC Securities.

DCM19 LSQ-GST-COMPENSATION Rs 81,179 cr due to states as GST compensation for FY21 New Delhi: Over Rs 81,000 crore GST compensation is due to states for 2020-21, while for April-May this year, Rs 55,345 crore is outstanding, Parliament was informed on Monday.