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Stocks to watch: SBI, HDFC Bank, Yes Bank, Network18, JSW Steel, Zomato
Stocks to watch today: State Bank of India raised their MCLR lending rate by 20 basis points across all tenors; Network18 group firm Viacom18 eyes expansion after it bagged media rights for IPL.
 "Stocks to watch: SBI, HDFC Bank, Yes Bank, Network18, JSW Steel, Zomato")
Top headlines: IBBI amends rules, yield curve inverts in the US, and more
As investors and the bond market brace for a sharp hike in policy rate by central banks to fight inflation, the yield curve has inverted in the US
 "Top headlines: IBBI amends rules, yield curve inverts in the US, and more")
TMSEp195: 5G auction, Agnipath scheme, markets, Udyam registration
How will 5G auction effect telcos & industry 4.0? Will 'Agnipath' affec army's modernisation drive? What is in store for cement, steel, paint stocks? What is Udyam registration for MSMEs? Answers here
 "TMSEp195: 5G auction, Agnipath scheme, markets, Udyam registration")
US Fed's biggest rate hike since 1994, Wall Street sounds a recession call
The Fed hiked its policy rate by 75 basis points Wednesday to a range of 1.5% to 1.75%, as officials intensified their battle against inflation that's remained stubbornly high
 "US Fed's biggest rate hike since 1994, Wall Street sounds a recession call")
Battered WTO on the verge of 'dead end' heading into final day of talks
India reiterated Commerce Minister Piyush Goyal's view that any WTO vaccine agreement must also waive IP rights for Covid-19 diagnostic tests and therapeutic drugs, according to the readout
 "Battered WTO on the verge of 'dead end' heading into final day of talks")
Will Buffett-backed BYD beat Tesla to become largest EV manufacturer?
BYD has upped its game over the past two years with a range of EVs and higher-technology lithium iron phosphate batteries, allowing it to grab global market share
 "Will Buffett-backed BYD beat Tesla to become largest EV manufacturer?")
Best of BS Opinion: A unique jobs conundrum, regional imbalance, and more
Here are the top BS Opinion articles of the day
 "Best of BS Opinion: A unique jobs conundrum, regional imbalance, and more")
How will 5G auction effect telcos and industry 4.0?
The govt has given its nod to the rollout of 5G services in India by conducting spectrum auction from July 26. How will all this impact the rollout of 5G, telcos and industry 4.0? We have the answer
 "How will 5G auction effect telcos and industry 4.0?")
Cement, steel, paint firms eye painful quarters ahead
Rising interest rates, along with elevated raw material cost, are hitting the building material sector hard. Find out about the near-term sore points for related industries and how to play the theme.
 "Cement, steel, paint firms eye painful quarters ahead")
How will Agnipath affect the army's modernisation drive?
Govt will recruit 45,000 soldiers every year under 'Agnipath' scheme. Of them, 25% will be retained after 4 years of service. But the scheme is also drawing criticism. Here's both sides of the story
 "How will Agnipath affect the army's modernisation drive?")
Yield curve inverts in the US and flattens in India, hinting at slowdown
Hints at possibility of recession or a big decline in economic growth
 "Yield curve inverts in the US and flattens in India, hinting at slowdown")
Indian Microfinance industry's loan book grows 10% to Rs 2.85 trn in FY22
NBFCs increase market share while that of banks dips
 "Indian Microfinance industry's loan book grows 10% to Rs 2.85 trn in FY22")
India's trade deficit hits record high of $24.3 bn in May: Govt data
Preliminary estimates released earlier in the month had put the trade deficit at $23.3 billion
 "India's trade deficit hits record high of $24.3 bn in May: Govt data")
War threatens Ukraine's place in global food security, say experts
The agriculture sector has so far suffered losses of $4.292 billion because of the invasion
 "War threatens Ukraine's place in global food security, say experts")
ECB promises fresh scheme for backstop against market turmoil
Government borrowing costs have soared on the 19-country currency bloc's periphery
 "ECB promises fresh scheme for backstop against market turmoil")
Apple's market valuation: Forget $3 trn, now even $2 trn looks shaky
After briefly surpassing $3 trillion in January, the iPhone maker has lost more than $800 billion in capitalization as tech stocks plunged
 "Apple's market valuation: Forget $3 trn, now even $2 trn looks shaky")
India stares at fuel shortage with spike in under-recovery at OMCs
The under-recoveries suffered by OMCs are around Rs 20-25 a litre for diesel and Rs 14-18 a litre for petrol, said sources
 "India stares at fuel shortage with spike in under-recovery at OMCs")
Coal ministry to have a 'just transition' division; WB to provide $1.1 mn
This is the first time since India announced its net carbon zero target year of 2070 that the policymakers have initiated discussions on just transition in coal bearing areas
 "Coal ministry to have a 'just transition' division; WB to provide $1.1 mn")
Haryana grants NOC to Mahyco for field trials of BT cotton variety
India has already allowed commercial use of BG-1 and BG-2 GM cotton while the approval for the BG-2 RRF has been pending at various stages. Field trials are likely for North Zone
 "Haryana grants NOC to Mahyco for field trials of BT cotton variety")
Rupee closes at new all-time low ahead of Fed's interest rate decision
On Monday, the rupee had breached the 78/$ mark and hit a record low of 78.28/$ intraday
 "Rupee closes at new all-time low ahead of Fed's interest rate decision")