* India's May fuel use inches up on month on strong industrial activity.
* Anil Ambani's Reliance Infra to raise USD 350 mn FCCB to repay rupee debt, expansion.
* CFI elects Tata Projects MD & CEO Vinayak Pai as national council president.
* New government continues to maintain focus on the infra sector: Icra.
* PNB plans to expand its overseas footprint, to open a representative office in Dubai.
* Tesla upgrades in-car navigation software in China and introduces lane-level guidance.
* Crude oil pares weekly loss as Opec+ says it can cancel supply hike.
* Expect RBI to cut key interest rate when inflation stabilizes: India Inc.
* RBI says India's banking sector is sound and resilient, Gross NPA is below 3%.
* India showcases investment opportunities at the IPEF clean economy investor forum.
* HSBC estimates B2B e-commerce unicorn Elastic Run valuation at $800 million.
* Delhi Metro signs a pact with Konkan Railway for collaboration on upcoming projects.
* Akasa Air is well on a path to profitability; will launch more international flights.
* India's energy consumption to grow 90% by 2050: Rosneft CEO.
* TCS launches artificial intelligence platform to hasten GenAI adoption.
* Paytm's UPI market share declines for the fourth month to 8% in May.
* Vi gets fewer consumer complaints and aims to bolster customer retention.
* Delhi airport wants to increase international traffic capacity by 40-50%.
* TR Capital sees over $200 million annual investment opportunity in India.
* ONGC seeks technical partners to boost Mumbai's High oil and gas output.
* Cult.fit's e-commerce arm to drive growth and profitability by 2025.
* SpiceJet settles with Raymach Technologies, vendor to withdraw insolvency case.
* NCLT allows insolvency against Himalayan Mineral Water on J-K Bank's plea.
* Narendra Modi was sworn in for a third consecutive term as India's Prime Minister.
* Domestic open access solar capacity addition doubles in Jan-Mar: Mercom.
* Upgrading acquired Stelis unit to triple Syngene's biologics capacity by H2.
* Capital SFB aims to comply with conversion norms in 12-18 months.
* Go Air crisis: Central Bank set to auction Wadia's land for Rs 1,965 crore.
* India's foreign exchange reserves hit a new peak of $651.5 billion.
* ONGC seeks technical help to raise oil and gas output at Mumbai High field.
* RBI proposes to revise the bulk deposit limit for banks to Rs 3 crore.
* Expect commercial vehicle volumes to witness a 4-7% dip this fiscal: ICRA.
* Banks need to revise plans to deal with credit and deposit growth gap: Das.
* Pricing challenge in US biz, rich valuations may weigh on pharma stocks.
* German central bank warns of inflation, lowers growth forecast for 2024.
* PV exports rise by 268K units in the last 4 years; Maruti's biggest gainer.
* Air India-Vistara merger: NCLT nod for India's largest international airline.
* FSSAI discovers food safety violations at Blinkit warehouse in Telangana.
* Monsoon advances in parts of Maharashtra, says IMD.
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