News Headlines from Business News Agencies 16.07.2024


*Business Standard :*

📝 India's trade deficit widens YoY to $20.98 bn in June; exports rise 2.6%, imports up 5%

📝 Lupin divests women's health specialty biz in US to Evofem Biosciences

📝 Four sedimentary basins likely to hold 22 billion barrels of oil: S&P

📝 Irdai may consider implementing risk-based supervision model: Keki Mistry

📝 EV ride-hailing service provider BluSmart raises $24 million in funding

📝 Pulses output rises by 35% to 3.25 million tonnes in Uttar Pradesh

📝 Hindustan Zinc contributes Rs 13,195 cr to exchequer in FY24

📝 China's second-quarter GDP growth falls short of expectations

📝 TCS announces plans to hire 40,000 fresher’s this year

📝 Varun Beverages to set up production units for PepsiCo in Zimbabwe, Zambia

📝 We will continue to focus on improving quality of assets and quarterly numbers: Pradip Kumar Das, IREDA


*Economic Times* :*

📝 Birla Estates acquires 5-acre land in Gurgaon, targets Rs 1,400 crore revenue

📝 57% of equity mutual funds outperform respective benchmarks in June

📝 Govt aims to cover 25pc of kharif paddy area with climate-resilient seeds

📝 Airbus upgrades 20-year demand forecast led by wide-body jets

📝 Automobile retail sales up 9 percent in April-June: FADA

📝 India’s wholesale inflation surges to 16-month high of 3.36 per cent in June

📝 French IT firm Atos secures funding of $1.82 billion to restructure its debt

📝 Goldman Sachs posts strong Q2 profits on debt underwriting and fixed-income trading surge

📝 Confident of meeting overall guidance of 3-5% constant currency growth for the year: HCL CEO

📝 TSMC second-quarter profit seen jumping 30% on surging AI chip demand

📝 Goldman Sachs lowers China 2024 growth forecast to 4.9%


*Mint :*

📝 L&T eyes $50-60 bn opportunity in Middle East oil-to-chemicals business: Report

📝 India's total exports projected to grow 5.4 per cent in June 2024

📝 Swiggy launches $65 million Esops liquidity programme ahead of IPO

📝 Goldman Sachs elevates Ramakrishnan, Nambakam as investment banking co-heads

📝 HDFC AMC Q1 Result: Net profit surges 26% on year to ₹604 crore

📝 Northern Arc Capital gets SEBI nod to raise funds via IPO

📝 IndiGo working on better automated responses to complaints, queries

📝 Aluminium companies urge finmin to revise duty structure on metal, scrap

📝 Sany India looks to increase exports, double production levels by 2025

📝 Google's Alphabet to make biggest acquisition yet with $23 bn Wiz deal: Report

📝 Union budget may approve ₹4.5 trillion for rural housing scheme

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