BUSINESS HIGHLIGHTS

New Delhi, Feb 27 (PTI) Following are the top business stories at 2030 hrs:
    
    
     DEL19
     BIZ-FM-TRADE
     India needs to ramp up bilateral relations for trade, investment: Nirmala Sitharaman
     New Delhi: Finance Minister Nirmala Sitharaman on Thursday said India needs to ramp up its bilateral relations for trade and investment, as the world is witnessing a churn, and bilateralism seems to be the new catalyst tool.
    
    

     DCM105
     BIZ-SEBI-FRAMEWORK
     Sebi issues regulatory framework for Specialized Investment Funds
     New Delhi: Markets watchdog Sebi on Thursday came out with a regulatory framework for Specialized Investment Funds (SIFs) requiring a minimum investment of Rs 10 lakh across all strategies.
    
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     DCM104
     BIZ-NCAER-RBI
     Moderation in inflation opens up more policy space for RBI to cut rate: NCAER
     New Delhi: Moderation in inflation to five-month low of 4.3 per cent in January has provided RBI more space to cut interest rate in policy meet, according to the monthly economic review by the National Council of Applied Economic Research (NCAER).
    
    

     DCM101
     BIZ-NCLAT-COFFEE DAY
     NCLAT sets aside insolvency proceedings against Coffee Day Enterprises
     New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Thursday set aside the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which owns the Cafe Coffee Day chain.
    
    
     DCM100
     BIZ-BLINKET-APPLE
     Blinkit to deliver Apple products in 10 minutes in select cities
     New Delhi: Quick commerce player Blinkit has started delivering Apple products, including MacBook Air, iPad and AirPods, within 10 minutes in select cities in India, its founder & CEO Albinder Dhindsa said on Thursday.
    
    

    
     DEL56
     BIZ-WORK-LIFE-BIRLA
     '8-8-8' rule utopian, next to impossible; need to find harmony between work, life: Neerja Birla
     Mumbai: The '8-8-8' rule of equally splitting time between work, sleep and leisure for eight hours on each in a day is "utopian" and is next to impossible to practice, philanthropist Neerja Birla has said.
    
    
    
     DEL44
     BIZ-GOLD-PRICE
     Gold tumbles Rs 1,150 to Rs 88,200 per 10 gm, silver plunges Rs 1,000 amid weak global cues
     New Delhi: Gold prices tumbled by Rs 1,150 to Rs 88,200 per 10 grams in the national capital on Thursday, tracking a bearish trend in global markets, according to the All India Sarafa Association.
    
    

     DEL33
     BIZ-LD-STOCKS
     Stock markets close unchanged on monthly expiry day; UltraTech shares tank nearly 5%
     Mumbai: Benchmark stock indices Sensex and Nifty closed almost unchanged on Thursday in a volatile trade amid unabated foreign fund outflows and monthly derivatives expiry.
    
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     DEL64
     BIZ-LD RUPEE
     Rupee settles 1 paisa higher at 87.18 against US dollar
     Mumbai: Rupee settled almost flat with a marginal gain of 1 paisa at 87.18 against US dollar on Thursday amid a muted trend in domestic equity markets and persistent foreign fund outflows.

(This story has not been edited by THE WEEK and is auto-generated from PTI)