All You Need To Know By NDTV Profit

IRDAI moves to curb misselling of ULIPs; High-level committee to probe irregularities in NTA over NEET fiasco; Hinduja Group planning to raise about Rs 7,300 crore rupees via two bond offerings; U.S. stocks showed some signs of fatigue; Mixed start in the Asia Pacific region...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

Government approves Rs 76,000 crore to construct a port in Vadhavan in Maharashtra, when completed it will be the 10th largest in the world and provide 1.2 million jobs; Government approves an infusion of Rs 7,453 crore for offshore wind energy projects off the coasts of Gujarat and Tamil Nadu; Axis Bank plans to purchase an additional stake in Max Life Insurance Company for a sum of Rs 336 crore; Reliance Jio Infocomm and Bharti Airtel continued to gain subscribers in April 2024, even as Vodafone Idea's losing streak remained intact...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

Vodafone Group to sell stake in Indus Tower; RBI and SEBI are monitoring the high volume of retail trading in the futures and options segment: Shaktikanta Das;Nvidia has rocketed past Apple and Microsoft to become the most valuable company in the world; Oil steadied after its biggest two-day gain in three months; U.S. crude inventories rose by 2.3 million barrels last week....All this and much more on your daily podcast by Alex Mathew and Niraj Shah. 

Fifteen passengers dead and 60 injured in Sealdah-bound Kanchanjunga Express derailment; Rahul Gandhi gives up Wayanad in favour of Priyanka Gandhi; Som Distilleries and Breweries have blamed contractors of its associate company for concerns that it was employing children; One 97 Communications is in talks with Zomato to sell its "entertainment" business; The special additional excise duty on crude oil has been cut from Rs 5,200 per tonne to Rs 3,250 per tonne; U.S. stocks off to a great start to the week, hitting fresh record highs...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

U.S. producer prices unexpectedly declined in May by the most in seven months; Strong demand for freshly issued 30-year U.S. Treasury pushed yields lower across the curve overnight; Adani Group-owned Ambuja Cements will acquire Hyderabad-based Penna Cement Industries at an enterprise value of Rs 10,422 crore; BNP Paribas Financial Market divested stake worth Rs 986 crore in L&T Finance via open market deals on June 13; Mercedes-Benz is set to invest Rs 3,000 crore in Maharashtra, according to Industries Minister Uday Samant....All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

Federal Reserve keeps policy interest rates unchanged for the seventh consecutive time in a range of 5.25-5.5%; May CPI inflation at 4.75% vs 4.83% in April; FOMC's median forecast shows a 25 basis points rate cut in 2024, as against the 75 bps expected earlier;Finance Minister Nirmala Sitharaman may present the Union Budget 2024-25 during the third week of July;Maruti Suzuki Swift has dethroned the Tata Punch as India’s best-selling car in May - the same month its latest version of the car went on sale....All this and much more on your daily podcast by Alex Mathew and Agam Vakil.

World Bank forecasts India's GDP to grow by 6.6% in FY25; Oil prices shot up this week after falling because of OPEC announcement; World oil demand to rise by 2.25 million barrels per day (bpd) in 2024 and by 1.85 million bpd in 2025; Hyundai Motor likely to file a draft to Sebi for initiating the process for IPO; Ola Electric Mobility has secured approval from SEBI to launch an initial public offering; Union Bank of India to raise up to Rs 10,000 crore from the market through a mix of equity and debt...… All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

Modi 3.0 cabinet's key appointments include Nirmala Sitharaman as Finance Minister, Amit Shah as home minister, Rajnath Singh as Defence Minister and S Jaishankar as foreign minister; Centre approved the disbursement of 1.4 lakh crore in tax devolution to states for June; Mphasis promoter, BCP TOPCO IX, an arm of Blackstone, has offloaded a little over 15% stake in the company for Rs 6,735 crore through open market transactions; Apple, last night, announced its new artificial intelligence features, including tools supported by ChatGPT at its annual developer conference..All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

Prime Minister Narendra Modi sworn in as the 15th Prime Minister of India, along with him as many as 30 Cabinet ministers were sworn in; Rajnath Singh, Amit Shah, and Nitin Gadkari all took oath along with Nirmala Sitharaman and S Jaishankar – all key faces of existing ministries sworn in again; India won by 6 runs against Pakistan in T20 World Cup; Terrorists opened fire in Jammu and Kashmir's Reasi district on June 9 evening, 9 died, 33 injured; Oil steady after a weekly drop with the market digesting OPEC+’s decision to restore supply; U.S. stocks declined at the end of the week, but the cuts were narrow....All this and much more on your daily podcast by Alex Mathew and Niraj Shah.

RBI’s Monetary Policy Committee to announce new repo rates at 10 am today; European Central Bank cut interest rates that it has been indicating for months; Wipro wins a $500-million deal from a leading US communication service provider; NCLT approves the merger between Air India and Vistara...All this and much more on your daily podcast by Alex Mathew and Niraj Shah.