Today's Headlines from:-
Economic Times
Fed holds rates steady, sees just one cut in 2024 despite inflation progress
IRDAI asks life insurers to offer surrender value in first year
Govt, digital news publishers discuss revenue sharing with big tech companies
Hindujas seek more time from NCLT to pay Reliance Capital lenders
Govt steps help boost toy exports, manufacturing; more work needed: DPIIT Secretary
Industrial production declines to a three-month low of 5% in April
India’s retail inflation eases to 12-month low of 4.75 per cent in May
China inflation holds steady amid need for more stimulus
Gensol Engineering emerges successful bidder for Rs 1,340-cr battery energy storage project
Investment of USD 190-215 bn needed for India's 500 GW RE capacity: Moody's
USFDA issues Form 483 with five observations to Torrent Pharma unit
Drone delivery startup Skye Air raises $4 million in funding
Insurtech startup Finsall raises Rs 15 crore from Unicorn India Ventures, Seafund
Skincare brand Foxtale raises $18 million from Panthera Growth, others
Business Standard
Groww's active client base tops 10 mn; becomes 1st broker co to attain feat
Rs 740-cr IPO of ixigo parent Le Travenues Technology subscribed 98.1 times
Go First on last leg of extension from NCLT to complete insolvency process
FIU fines Axis Bank Rs 1.66 cr for failing to detect fraud NSG account
Nestle India to pay royalty fee to Swiss parent at current rate of 4.5%
Brigade Group to invest Rs 8,000 cre in Chennai; develop 15 mn sq ft
Outward FDI remain almost flat at $2.0 billion in May, shows RBI data
India looks at Russia to secure rare mineral mining tech, partnership
Wealth management firm 360 ONE acquires ET Money for Rs 366 crore
MeitY to come out with first draft on AI policy in next 5-6 months
Commercial banks credit growth to moderate to 12-14% in FY25: Moody's
Global crude oil supply to outpace demand by 2030 as glut looms: IEA
Financial Express
NTPC aims to double coal production in 3 years
New incentive scheme for toy manufacturing soon
Telcos renew their demand for OTT regulation, revenue share pact
Wipro launches Lab45 AI platform aimed at increasing efficiencies to transform business functions
Crisil upgrades Inox Wind’s credit ratings with ‘stable’ outlook
Steps to boost farmers’ income to be expedited: Chouhan
Mumbai airport increases e-gates to 68, highest in India
Mint
G-7 Leaders to Agree to Tap Frozen Russian Assets, France Says
Matador Agrees to Buy Permian Oil Assets Worth $1.9 Billion
IMD says monsoon likely to elude Delhi till June end as temp settles at 44.7 °C
Govt plans phase-changing clothing technology to address climate challenges
NCLT admits Pune-based Cian Healthcare under insolvency over dues worth ₹1.14 cr
Pulses import up 20% to 371,334 tonnes in April-May to meet domestic demand
Germany's Hansgrohe accelerates India expansion with ambitious retail strategy
Indian snack maker Haldiram's considers to raise funds via IPO: Report.
Economic Times
Fed holds rates steady, sees just one cut in 2024 despite inflation progress IRDAI asks life insurers to offer surrender value in first year Govt, digital news publishers discuss revenue sharing with big tech companies Hindujas seek more time from NCLT to pay Reliance Capital lenders Govt steps help boost toy exports, manufacturing; more work needed: DPIIT Secretary Industrial production declines to a three-month low of 5% in April India’s retail inflation eases to 12-month low of 4.75 per cent in May China inflation holds steady amid need for more stimulus Gensol Engineering emerges successful bidder for Rs 1,340-cr battery energy storage project Investment of USD 190-215 bn needed for India's 500 GW RE capacity: Moody's USFDA issues Form 483 with five observations to Torrent Pharma unit Drone delivery startup Skye Air raises $4 million in funding Insurtech startup Finsall raises Rs 15 crore from Unicorn India Ventures, Seafund Skincare brand Foxtale raises $18 million from Panthera Growth, othersBusiness Standard
Groww's active client base tops 10 mn; becomes 1st broker co to attain feat Rs 740-cr IPO of ixigo parent Le Travenues Technology subscribed 98.1 times Go First on last leg of extension from NCLT to complete insolvency process FIU fines Axis Bank Rs 1.66 cr for failing to detect fraud NSG account Nestle India to pay royalty fee to Swiss parent at current rate of 4.5% Brigade Group to invest Rs 8,000 cre in Chennai; develop 15 mn sq ft Outward FDI remain almost flat at $2.0 billion in May, shows RBI data India looks at Russia to secure rare mineral mining tech, partnership Wealth management firm 360 ONE acquires ET Money for Rs 366 crore MeitY to come out with first draft on AI policy in next 5-6 months Commercial banks credit growth to moderate to 12-14% in FY25: Moody's Global crude oil supply to outpace demand by 2030 as glut looms: IEAFinancial Express
NTPC aims to double coal production in 3 years New incentive scheme for toy manufacturing soon Telcos renew their demand for OTT regulation, revenue share pact Wipro launches Lab45 AI platform aimed at increasing efficiencies to transform business functions Crisil upgrades Inox Wind’s credit ratings with ‘stable’ outlook Steps to boost farmers’ income to be expedited: Chouhan Mumbai airport increases e-gates to 68, highest in IndiaMint
G-7 Leaders to Agree to Tap Frozen Russian Assets, France Says Matador Agrees to Buy Permian Oil Assets Worth $1.9 Billion IMD says monsoon likely to elude Delhi till June end as temp settles at 44.7 °C Govt plans phase-changing clothing technology to address climate challenges NCLT admits Pune-based Cian Healthcare under insolvency over dues worth ₹1.14 cr Pulses import up 20% to 371,334 tonnes in April-May to meet domestic demand Germany's Hansgrohe accelerates India expansion with ambitious retail strategy Indian snack maker Haldiram's considers to raise funds via IPO: Report.