2021-07-02 05:43:26
News at a Glance
*Economic Times*
Wistron, Foxconn, Dell among 14 to get nod under PLI scheme for IT hardware
India's medical infra well prepared to deal with third COVID wave: FM Nirmala Sitharaman
Countries back global minimum corporate tax of 15%
RBI extends interest subsidy scheme for exporters till September
Banks' gross NPAs may rise to 9.8% by March 2022: RBI report
NMDC Q1 output jumps 34%; sales rise 49%
Crude oil jumps 2% on OPEC+ output, demand prospects
Rishi Sunak lays out plans for UK's 'world-first' Green Savings Bonds
UPI transactions surge to Rs 5.47 lakh crore in June
The Sleep Company raises Rs 13.4 crore in pre-Series A funding round
ION Energy gets $3.6 million in pre-Series A funding round
*Business Standard*
Anil Agarwal-led Vedanta Limited plans $5-billion capex for 3 years
Manufacturing PMI contracts 48.1 in June, despite states easing curbs
Voda Idea seeks 1-year moratorium on Rs 8,200 cr spectrum instalment
Auto firms post record production in June, make up for halt in May
Ratan Tata-backed Mswipe Tech looks to morph into digital SME bank
New projects drop 13% sequentially in June quarter due to Covid: CMIE data
Flipkart launches Shopsy to enable over 25 mn online entrepreneurs by 2023
July rain likely to be normal across the country, forecasts IMD
GR Infra IPO price band fixed at Rs 828-837 per share; IPO opens July 7
We will make this decade India's 'techade', says PM Narendra Modi
Enhanced GST mop-up of recent months should now be 'new normal': FM
*Financial Express*
Telecom industry under stress, tariffs need to go up, says Bharti Group chairman Sunil Mittal
NTPC, ONGC plan mega offshore wind project investments
India to add 26 GW hydro projects by 2030: IEA
CIL’s Q1 coal offtake grows 33% despite vacillating demand from the power sector
L&T Construction bags ‘significant’ orders for various businesses
Power consumption grows nearly 10 pc to 115.39 BU in June
Unemployment rate falls to 9.17% in June
Toll collection via FASTags on national highways increased 21% m-o-m in June
*Mint*
Retailers shake off covid blues; line up ₹6,000-cr IPOs
OneWeb launches satellites to roll out northern internet service
General Motors reports 40% jump in second-quarter US auto sales
Finance Ministry, Microsoft join hands to build AI, emerging tech centre
US jobless claims fall to 364,000 lowest since March 2020
UK plans to introduce covid-19 booster shots in September
Office space absorption falls 16% in Jun quarter due to second wave
Global infrastructure-as-a-service market grew 40.7% in 2020: Gartner
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