*Business News Headlines*
*Economic Times*
Ø RBI may hit rate pause button again this week
Ø Consumer Goods orders swell as brands bet big on festive season
Ø 69% of train accidents between FY18 and FY21 due to derailment
Ø E-way bill generation rises to 8.82 crore in May, points to robust GST collection in June
Ø EV start-ups set to power India’s next unicorn club
Ø Opec+ reaches agreement to extend output cuts into 2024
Ø Spot airfares up 3x in a month on India’s busiest routes
*Business Standard*
Ø GST Council likely to approve tribunal blueprint this month
Ø India may give UK access to PV market, with riders
Ø Railways seeks CBI probe into Odisha train accident
Ø USFDA checks of Indian sites still below pre-Covid levels
Ø Reliance Retail, 6 others submit EoIs for Future arm
Ø Ola Electric likely to cross $1-bn revenue this yr: Ola exec
Ø Foreign airlines have reaped benefits of growing Indian market, says Wilson
*Financial Express*
Ø DoT plans more shops to Chip firms
Ø Street sees modest growth of India Inc's topline in FY24
Ø Falling costs power Q4 earnings
after two quarters of weakness
Ø FPIs pump in ₹43,838 cr in May, highest in 9 months
Ø Lemon Tree can ride high on expansion amid improved demand
Ø Manufacturing PMI hits 31-mth
high in May on strong demand
Ø Walmart shareholding in PhonePe drops to 85%
*Mint*
Ø Govt plans ₹15k cr push for batteries
Ø RBI may continue pause on rate hike
Ø Saudi Arabia slashes crude oil output by 1 mn bbl a day
Ø India to join global scheme to
improve quality of drugs
Ø IFC plans $500 mn long-term
financing for smart meter cos
Ø India may bring back CVD on
steel to check flood of imports
Ø Indians pick UPI over debit cards for ease of use, zero fees
*Business Line*
Ø Banks cut rates on FDs of up
to 3 years on easing liquidity
Ø Corporate India set for some big hitting on investment front: CII president
Ø IEAsees slowdown in solar
installations in India this year
Ø Upbeat on India, FPIs pump in ₹43,838 cr in May
Ø Balco listing: Govt holds talks with Vedanta to withdraw arbitration
Ø HUL starts price cuts in some FMCG categories
Ø Luxury carmakers mull price hike as input costs rise
