Current affairs for competitive exams



*Economic Times*


๐Ÿ“ UN predicts 2.3% global economic growth in 2023


๐Ÿ“ SEBI to widen definition of qualified buyers for bonds


๐Ÿ“ Shemaroo's Q4 Results: Net profit skyrockets 136.5% YoY to Rs. 4.8 crore


๐Ÿ“ Max Healthcare Q4 Results: Net profit jumps 85% YoY to Rs 320 crore


๐Ÿ“ Exporters see 11-13% growth in FY24


๐Ÿ“ US retail sales miss expectations, but core sales strong


๐Ÿ“ SPML Infra lenders start Rs 2,000-crore debt sale based on anchor bid from NARCL


๐Ÿ“ GIC buys Phoenix's Hyderabad IT Park for Rs 1,050 crore


๐Ÿ“ Logistics-tech startup Agraga raises $8.5 million in funding


๐Ÿ“ SaaS startup RevenueHero raises $5.1 million in funding from existing investors


๐Ÿ“ Front-end DevTools startup Locofy.ai raises $4.25 million


*Business Standard*


๐Ÿ“  Tata Sons set to earn record dividend worth nearly Rs 33,350 cr in FY23


๐Ÿ“  Bharti Airtel Q4 results: Net profit surges 50% to Rs 3,006 crore


๐Ÿ“  Monsoon rains to be 'slightly delayed', hit Kerala on June 4: IMD


๐Ÿ“  HDFC Life declares highest ever bonus of Rs 3,660 cr on participating plans


๐Ÿ“  VIL still needs additional liquidity to survive, says Vodafone Group


๐Ÿ“  US investor Baron Capital slashes Swiggy's valuation by 34% to $7.1 bn


๐Ÿ“  Chemplast Sanmar Q4 results: Net profit declines 80% to Rs 46 crore


๐Ÿ“  Bank of Baroda makes Rs 500 crore provision for Go First exposure


๐Ÿ“  Zomato inks partnership with ICICI Bank to launch its own UPI offering


๐Ÿ“  LIC's new business premium drops 50% to Rs 5,810.1 crore in April


๐Ÿ“  Murugappa's Coromandel International plans Rs 2K cr investment by 2025


๐Ÿ“  Biz activity for Shopify's Indian sellers up 9.8% to Rs 30,100 cr in 2022


๐Ÿ“  IRDAI lowers the solvency requirement for surety bonds to 1.5 times


*Financial Express*


๐Ÿ“ Infosys, bp ink MoU on application service


๐Ÿ“ Sonata to consolidate office spaces, double global IT biz in 3 years


๐Ÿ“ MCA proposes time-bound approvals for M&As


๐Ÿ“ Kotak Bank, Federal Bank hike MCLR by 10 bps across tenures


๐Ÿ“ MakeMyTrip posts profit at $5.4 mn in Q4, sees ‘robust recovery’ in travel demand


๐Ÿ“ Jindal Steel and Power Ltd Q4 net profit falls by 70 pc to Rs 465.66 cr


๐Ÿ“ India-EU Agree To Speed Up FTA, Work on WTO Issues


๐Ÿ“ Import of laptops, PCs, medical devices, solar cells from China fall in FY23: GTRI


๐Ÿ“ Sebi mulls expanding definition of QIB for debt securities


*Mint*


๐Ÿ“ SEC Issues $279 million whistleblower award, its largest ever


๐Ÿ“ Indonesia in talks with Indian firms for big-ticket infra investments


๐Ÿ“ Inox Air plans to tap markets for green hydrogen business


๐Ÿ“ Shadowfax taps Newquest for $30 mn


๐Ÿ“ NHAI awards 6,003 km of highway projects in FY23: report


๐Ÿ“ TV Today Network Q4 net profit down 84% to 5.85cr, revenue down 10.3% to ₹217c


๐Ÿ“ LIC Housing Finance Q4: Net profit up 5% to ₹1,180 crore, dividend declared


๐Ÿ“ FIIs invest ₹1,406.9 crore in Indian market on 16 May, DIIs sell ₹886 crore.

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