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STOCK MARKET UPDATES 01/07/2024




*     Tobacco farmers ask goverment to include sector under duty refund scheme RoDTEP.

*     Punjab and Sind Bank plans to raise Rs 2,000 crore via QIP likely in H2 FY25.

*     Rule changes can help with pan-India customer onboarding: Deutsche Bank.

*     Tata Steel UK begins legal action against union, fears plant closure.

*     Sebi raises basic demat account limit to Rs 10 lakh to boost participation.

*     India to discuss silver import spike with UAE amid growing concerns.

*     Apple to establish major presence in Bengaluru with new office tower lease.

*     FSSAI prepares tighter rules for protein supplements over health risks.

*     India and US extend 2% digital tax pact on e-commerce till June 30.

*     Government keeps small savings schemes' interest rates unchanged for Q2FY25.

*     RBI raises limit for short-term borrowing for states, UTs from July 1.

*     Kharif sowing makes a strong start on hopes of good rains this season.

*     ITC beats Britannia, becomes India's second-largest packaged foods company.

*     World Bank lends $1.5 billion push to power green hydrogen market.

*     Spectrum auction: DoT to issue demand note to Airtel, Vodafone Idea and Jio this week for payment.

*     JSW Infrastructure to re-evaluate strategy for Tajpur port project 'if it comes for re-bidding': Official.

*    Government panel recommends Challa Sreenivasulu Setty as next SBI Chairman.

*    Exporters' body urges Piyush Goyal to restore IES benefits for all.

*    Titan launches jewellery brand Tanishq in Bangladesh.

*    TN amends Prohibition Act to enhance term, fine to eradicate illicit liquor menace.

*    Nestle sees stable sales growth from Q2, CEO tells paper.

*    India steel, trade ministries in talks over rising Chinese imports.

*    Fiscal deficit in April-May at 3% of annual target.

*    India Ratings pegs bank credit growth at 15.4% for FY25.

*    Boeing in talks with US Department of Justice to resolve charges over safety lapses.

*    FATF lauds India efforts to combat laundering and terrorist financing.

*    A.P. Moller Capital leads fray to buy GIP's stake in Pristine Logistics.

*    India eases paperwork for foreign bond investors amid inclusion in JPMorgan's em.

*    NTPC to raise ₹12,000 crore via bonds, NCDs issue: Focus on projects.

*    FPI inflows poised to surge after a modest H1 2024; June sees strong recovery.

*    Ola Electric expects to use in-house batteries in its products from early 2025.

*    Emirates Defers First Airbus A350 Service Due to Aircraft Delay.

*    Corn tumbles to contract lows on USDA acreage data.

*    Gail advances its net zero emissions target by five years.

*    Vodafone to raise mobile tariff following moves by Reliance Jio, Bharti Airtel.

*    Spain’s Europastry Postpones IPO Citing Election Volatility.

*    BlackRock shareholders vote to keep company directors in place in fight with Saba.

*    US oil output, demand rose in April to four-month high, EIA says.

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