Business highlights

New Delhi, Feb 11 () Following are the top business stories at 1918 hours:

DEL90 RS-BUD-FMSitharaman hits back at Chidambaram, says nothing to learn from those who gave NPA crisisNew Delhi: Finance Minister Nirmala Sitharaman on Tuesday hit back at former minister P Chidambaram for his 'incompetent doctors' attending to economy remark, saying there was nothing to learn from the people who gave the mountain of NPAs along with twin balance sheet crisis.

DEL64 LS-FM-EXPORTSGovt has taken specific steps to boost exports: SitharamanNew Delhi: The government has taken several steps, including tax refund scheme and enhanced credit to exporters, to boost outbound shipments, Finance Minister Nirmala Sitharaman said on Tuesday.

DEL104 BIZ-RUPEE-CLOSERupee ends nearly flat at 71.28 against US dollarMumbai: The Indian rupee on Tuesday settled almost flat at 71.28 (provisional) against the US dollar ahead of release of the key domestic macro-economic data.

DCM34 BIZ-LSQ-PM-KISAN Centre rejects AP govt's proposal to release lumpsum payment under PM-KISANNew Delhi: The Centre has rejected Andhra Pradesh government's proposal to release the payment under PM-KISAN scheme as a lumpsum amount instead of installments, Agriculture Minister Narendra Singh Tomar informed Parliament on Tuesday.

DEL97 BIZ-LD STOCKSSensex snaps 2-day slide as global markets regain footing despite coronavirus overhangMumbai: Markets snapped their two-session slide to close with smart gains on Tuesday, mirroring optimism in the global markets as investors wagered on limited economic impact of the coronavirus outbreak.

DCM38 BIZ-PNBPNB says no proposal for changing bank's nameNew Delhi: Punjab National Bank (PNB) on Tuesday said there is no proposal to change the name of the bank following the merger of two other public sector lenders Oriental Bank of Commerce (OBC) and United Bank of India (UBI) with itself.

DCM19 LSQ-FDI-FOOD PROCESSINGIndia gets $463.44 million FDI in food processing in Apr-Sep FY20: GovtNew Delhi: India has received foreign direct investment (FDI) of USD 463.44 million in the food processing sector in the first half of the current fiscal, the government informed Parliament on Tuesday.

DCM13 BIZ-GOLD ETFGold ETFs see inflow of Rs 200-cr in Jan; highest in 7 yearsNew Delhi: Gold exchange-traded funds witnessed a net inflow of Rs 200 crore in January, making it the highest infusion in seven years, as geopolitical tensions in different parts of the globe and slowdown in global economy led investors to opt for the safe-haven.

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