Current affairs

 “ If you want to live a Happy Life, tie to a goal, not to people or things”.

Happy Morning ji 🌴

Today's Headlines from :

*Economic Times*

📝 IBBI to form 'common panel' of insolvency professionals

📝 GST evasion of ₹30,000 crore unearthed

📝 Engine maker Cummins to invest $1 billion in India

📝 Niti Aayog working to integrate MSMEs with supply chains

📝 Reliance jumps 8 spots to 45th rank on Forbes' Global 2000 list

📝 US Senate panel approves bipartisan legislation, China to lose Developing Country status

📝 Passenger vehicle wholesales rise 13.54 % in May at 3,34,247 units, SIAM says

📝 Nabard arm invests Rs 10 crore in agritech Satyukt Analytics

📝 MSME lender Indifi Technologies raises $35 million in new funding round

📝 upGrad forays into Pacific region with medical institute in Vanuatu

*Business Standard*

📝  PLI scheme for mobile production led to 20% value addition, says govt

📝  Rs 64,000-crore renewable energy transmission projects on the anvil

📝  Zydus Lifesciences gets USFDA nod for anti-smoking and arthritis drugs

📝  Accenture plans to pump in $3 billion for data and AI in three years

📝  BAM Digital Realty to set up data centre in Mumbai at Rs 2000 cr investment

📝  OYO launches 'stay now pay later' programme for Indian travelers

📝  Microfinance loan portfolio up 22% to Rs 3.48 trillion in FY23, shows data

📝  PE funds investment in warehousing saw 45% rise in 2022

📝  Average spot airfares drop up to 33% in a week: Aviation ministry

📝  Bond auction: 11 states borrow Rs 22,500 crore; Maharashtra tops the list

📝  US inflation eases to 4% in May, Fed may keep interest rates unchanged

*Financial Express*

📝 Indian banks, NBFCs can weather global banking stress: Report

📝 Mahindra Rural Housing Finance targets Rs 20,000-crore loan book in 3 years

📝 Banks’ NIM to moderate 10-20 bps in FY24, says CRISIL

📝 Adani in talks for first major debt refinancing of up to $3.8 billion loan after Hindenburg

📝 HDFC-HDFC Bank merger will close soon creating $168 billion bank, record date awaited

📝 Govt holds meetings to monitor agri commodity prices

📝 FPI investors from UAE on the rise despite grey list tag

📝 ASK Automotive files draft papers with Sebi to mop up funds via IPO

*Mint*

📝 Trai asks telcos to use AI to stop spam

📝 EY may suggest ₹500 crore infusion for Go First revival

📝 EU deforestation law may hit Indian exports worth $1.3 billion

📝 Greater Noida Authority to e-auction 13 plots for data centres, eyes ₹20,000 cr investment

📝 At 21.7 lakh tonnes, JSW Steel reports 7% rise in crude steel production for May

📝 HFCL bags order worth ₹80.9 crore from DMRC for 3 priority corridors

📝 L&T bags ‘significant’ orders for hydrocarbon business.