Economic Times
Business Standard
Ø Bank credit grows 6.18%, deposits 11%: RBI data
Ø US trade deficit rises 9.7% in May to $54.6 billion
Ø Auto sales likely to see sequential growth: Report
Ø Axis Bank to wind down UK subsidiary
Ø Emami evaluates legal action against HUL
Ø Affle to acquire 8% strategic stake in Indus OS
Ø Edelweiss sells sticky loans of Rs 4,000 crore
Ø RBI asks banks, NBFCs to reclassify MSMEs as per revised criteria
Ø India's trade deficit with China falls to $48.66 bn as imports decline
Ø India-focussed PE, VC fundraising grounds to a halt amid pandemic
Ø Liquidity and asset quality risks for Indian NBFI to continue, says Fitch
Ø IBBI proposes limiting number of assignments handled by IPs to check delays
Ø Moody's extends review for downgrade on Hero FinCorp's Baa3 rating
Business Line
Mint
Ø SAIL records highest ever monthly exports and sales in June
Ø KKR to acquire controlling stake in JB Chemicals
Ø Coal India trade unions begin 3-day strike
Ø Gold imports plunge 86% in June amid weak demand, as weddings
Ø CBI conducts searches at GVK Group premises in Mumbai and Hyderabad
Ø Kia Motors India sells 7,275 units in June; gears up for Sonet
Ø Jio enters video conferencing space, makes JioMeet available to all
Ø HDFC Life to replace Vedanta in Nifty index due to delisting
Ø CBI books GVK Group promoters for siphoning off funds at Mumbai airport
Ø Bulk MRO raises ₹25-crore debt funding led by Stride Ventures
Ø Domestic steel prices likely to fall in Q2 due to oversupply: India Ratings
Financial Express
Deccan Chronicle
Ø US adds 4.8 million jobs as unemployment falls to 11.1%
Ø India’s economy may contract more than estimated earlier; firms won’t operate at over 70% capacity
Ø Biocon lines up $200 million capex for the current fiscal
Ø India needs Rs 50-60 lakh cr foreign investments to boost economy: Gadkari
Ø Elon Musk's Tesla becomes world's richest auto group
Ø UPI payments hit all-time high of 1.34 billion transactions in June
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