new delhi june 20 following are the top business stories at 1930 hours dcm16 bizh1b visa not received any communication on h1b visa cap from us commerce ministry new delhi the commerce ministry has not received any communication from the us on its reported decision to consider caps on h1b work visa for nations that mandate storing of data locally sources said del39 bizrbimpc minutes economic activity clearly losing traction das said at mpc meet mumbai the indian economy has been clearly losing traction and needs a decisive monetary policy to promote growth said reserve bank of india governor shaktikanta das while voting for a 25 basis points bps rate cut along with other five members at the mpc meet earlier this month del33 bizgstld meet sitharamanled first gst council meet to decide on tax cut on evehicles naa extension new delhi the gst council will on friday consider slashing gst rate on electric vehicles to 5 per cent from 12 per cent currently along with extension of the tenure of the antiprofiteering authority by a year till november 2020 an official said del30 bizld stocks sensex soars 489 pts as dovish fed lifts global markets mumbai equity benchmark sensex surged 489 points thursday in tandem with upbeat global markets after the us federal reserves dovish stance galvanised investor sentiment del12 bizld prezblack money govt to push campaign against black money at faster pace president new delhi the government has taken steps to curb generation of black money in the real estate sector to benefit the middle class and will further speed up its campaign against illgotten wealth as part of its commitment to a zero tolerance policy against corruption president ram nath kovind said thursday del10 prezeconomy modi govt to bring more reforms raise farm investment to boost growth prez new delhi prime minister narendra modiled government in its second term will implement more economic reforms raise investment in the farm sector provide collateralfree loans to entrepreneurs and further simplify gst to boost economic growth president ramnath kovind said thursday dcm7 bizgstexportersfraud govt identifies 5106 risky exporters who have fraudulently claimed gst refunds new delhi the government thursday said it has identified 5106 risky exporters so far who have claimed gst refunds based on bogus invoices and would manually check their claims before issuing refunds dcm18 bizstocksld jetairways unprecedented rally in jet airways shares zoom over 122 pc new delhi shares of jet airways witnessed an unprecedented rally on the bourses thursday bouncing back sharply after days of massive fall to close the day over 122 per cent higher del19 bizbullionclose gold prices zoom rs 280 crosses rs 34000 mark new delhi gold prices thursday surged by rs 280 to cross rs 34000mark in the national capital on strong global sentiment and fresh buying from local jewellers according to all india sarafa association ruj mr mr