Today's Headlines 27.07.2024

*Economic Times*

📝 Aditya Birla group forays into jewellery retail with 'Indriya'

📝 US inflation rises moderately in June

📝 SBI Card Q1 Results: PAT flat YoY at Rs 594 crore, revenue jumps 11%

📝 Power Grid Q1 Results: Standalone profit falls 4% YoY to Rs 3,412 crore, revenue down 2%

📝 Standard Glass Lining Technology to raise Rs 600 cr via IPO, files DRHP with SEBI

📝 Govt provides Rs 37,000 cr fertiliser subsidy till July 22 this fiscal

📝 Digital payments rise 12.6% at March-end 2024: RBI data

📝 India's forex reserves jump to a new record high of $670.86 bn as on July 19

📝 Toonsutra raises funding from Funimation founder Gen Fukunaga

📝 Temasek-backed debt financing platform EvolutionX shifts fund focus to India from China

📝 Startup funding plummets 80% YoY to $58.3 million this week

*Business Standard*

📝 Rs 1.9 trillion share sales via IPOs over six years in LTCG tax crosshairs

📝 RBI's draft LCR norms: Banks likely to see 4-11% impact on earnings

📝 Cipla Q1 results: Net profit up 18% at Rs 1,177.64 cr, revenue rises 5.8%

📝 IndiGo Q1 FY25 results: Net profit declines 11.7% to Rs 2,728.8 crore

📝 DLF plans to launch Rs 1.04 trn worth real estate projects in medium term

📝 Sun Pharma receives US FDA approval for drug to treat alopecia areata

📝 Canara Bank plans to open 250 branches to boost Casa deposits: MD & CEO

📝 Shriram Finance Q1 FY25 results: Net profit rises 18.6% Rs 2,030 crore

📝 India has highest trade deficit with China, gap narrowing: Piyush Goyal

📝 Five entities enter test phase for 5th cohort of RBI's regulatory sandbox

📝 Kharif sowing up 2.3% at 81.18 million hectares from last year, shows data

📝 Reserve Bank of India releases PCA framework for urban cooperative banks

*Financial Express*

📝 Trai issues consultation to explore need for separate voice and data plans

📝 Regulator revises tariff policy for petro pipelines

📝 Higher PLI budget to promote specialty drugs and gene therapies

*Mint*

📝 Govt eases export promotion scheme to cut transaction cost, promote automation

📝 EPFO pays ₹57,316 crore in Q1 to settle 1.36 crore claims, enrollments rise

📝 Govt extends electric mobility scheme by 2 months with additional ₹278 cr outlay

📝 US returns 262 antiquities to India, signs agreement to curb illicit trade

📝 Nearly 85% of capex loans to states released in FY24: Finance ministry

📝 Apple reduces iPhone prices in India up to ₹6,000 with customs duty changes

📝 Indian market achieves 8th consecutive week of gains, longest streak in 14 years

📝 Lower debt-to-GDP could boost India’s chances of a credit rating upgrade: Fitch

📝 IndusInd Bank Q1 Results: Net profit rises 2% to ₹2,171 crore, NII up 11% YoY.