TOP NEWS OF THE DAY: 1. Govt ratifies 8.1% EPF interest rate | Finlight

TOP NEWS OF THE DAY:

1. Govt ratifies 8.1% EPF interest rate for 2021-22, lowest in 4 decades

2. Mukesh Ambani surpasses Gautam Adani, becomes Asia's richest man again

3. SBI Research revises up India's FY23 economic growth forecast to 7.5%

4. Forex reserves tops $600 billion mark again, rises $3.85 billion in latest week

5. 71% Indians can't afford a healthy meal, millions die due to poor diet: Report

6. NSDL data shows that, from June 1st to 3rd, FPI pulled out ₹2,288 crore from the equity market. So far, in 2022, FPIs have removed ₹1,69,443 crore from the equities market.

7. Japanese tech investor SoftBank may end up investing around $1 billion in India in 2022, nearly a third of what it did last year

8. PMI: Service activity touches 11-year high of 58.9 in May on strong demand