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Top banks' fresh hiring slowed in FY25 amid moderation in business growth
Hiring by India's major commercial banks, including HDFC Bank, SBI, and Axis Bank, has declined significantly in FY25 due to slower growth, reduced branch expansion, and improved attrition rates
 "Top banks' fresh hiring slowed in FY25 amid moderation in business growth")
Top banks' fresh hiring slowed in FY25 amid moderation in business growth
Hiring by India's major commercial banks, including HDFC Bank, SBI, and Axis Bank, has declined significantly in FY25 due to slower growth, reduced branch expansion, and improved attrition rates
 "Top banks' fresh hiring slowed in FY25 amid moderation in business growth")
India-US trade deal negotiations pushed beyond Donald Trump's deadline
A team of officials from Washington DC will visit India for a sixth round of negotiation, around a month after negotiators from both sides wrapped up the fifth round of talks in Washington last week
 "India-US trade deal negotiations pushed beyond Donald Trump's deadline")
India, US seek to futureproof trade agreement amid tax and tariff concerns
Starting April 1, India abolished the 6 per cent equalisation levy on online advertising services provided by non-resident entities, also known as Google tax
 "India, US seek to futureproof trade agreement amid tax and tariff concerns")
Income Tax Bill: Select panel proposes wider transfer-pricing net
Companies wielding substantive influence with other firms may face more scrutiny
 "Income Tax Bill: Select panel proposes wider transfer-pricing net")
Entry of new players likely to intensify competition in reinsurance segment
New private players, including Valueattics Re, Jio Financial Services & Allianz are set to increase competition in India's reinsurance sector. However, experts believe GIC Re's position remains robust
 "Entry of new players likely to intensify competition in reinsurance segment")
Tracking flows: FPIs offloaded IT, FMCG stocks in H1CY25, shows data
The period saw total net FPI outflows amounting to ₹77,898 crore. IT stock saw selling to the tune of ₹30,600 crore, while FMCG saw pullout of ₹18,178 crore
 "Tracking flows: FPIs offloaded IT, FMCG stocks in H1CY25, shows data")
Former Puma India head Abhishek Ganguly eyes a long run with new company
Abhishek Ganguly is planning to scale up multiple sports apparel brands to multimillion-dollar levels through his venture Agilitas Sports
 "Former Puma India head Abhishek Ganguly eyes a long run with new company")
Strong Q1, growth hopes drive gains for HDFC Bank and ICICI Bank
Most analysts point out that ICICI Bank delivered a strong performance in a tough quarter and expect the bank to outperform large peers going ahead
 "Strong Q1, growth hopes drive gains for HDFC Bank and ICICI Bank")
Bharti Airtel surpasses TCS to become India's third-most-valuable company
The telecom major was valued at ₹11.45 trillion, while TCS' market capitalisation stood at ₹11.43 trillion
 "Bharti Airtel surpasses TCS to become India's third-most-valuable company")
Kharif sowing completed in 65% of area as monsoon remains vigorous
India Meteorological Department (IMD) data showed that rainfall from July 10-16 were almost 31 per cent above normal in North-West India
 "Kharif sowing completed in 65% of area as monsoon remains vigorous")
DGFT should rethink provisions for deemed exports from DTA to EoU
Para 7.01(i) of the Foreign Trade Policy (FTP) says 'deemed exports' for this FTP refer to those transactions in which goods supplied do not leave the country
 "DGFT should rethink provisions for deemed exports from DTA to EoU")
JSW Steel has good prospects on lower costs but stock fully valued
Revenue growth could come from volumes along with some price recovery. As input costs are soft, EBITDA margin may rise to 18-19 per cent if safeguard duty is in force
 "JSW Steel has good prospects on lower costs but stock fully valued")
Fixing GST: India needs a simple, stable, and predictable tax structure
Unlike the states, the Union did not have the cushion of compensation for a revenue shortfall in the initial years
 "Fixing GST: India needs a simple, stable, and predictable tax structure")
Targeted intervention: Aiming at low-productivity districts to boost growth
Backed by performance-based monitoring through 117 indicators, the scheme signals a clear intent for systemic reform
 "Targeted intervention: Aiming at low-productivity districts to boost growth")
Brigade Hotel likely to add 960 rooms, expand luxury business by FY29
Brigade Hotel Ventures plans to add 960 rooms to its portfolio by FY28, targeting the luxury market. The company also aims to raise Rs 759.6 crore through its IPO, opening on July 24
 "Brigade Hotel likely to add 960 rooms, expand luxury business by FY29")
Post QIP, SBI's CET1 capital rises to 11.5%; LIC invests ₹5,000 crore
SBI's recent QIP was oversubscribed 4.5 times, raising Rs 25,000 crore and boosting CET1 capital to 11.5%. LIC invested Rs 5,000 crore, increasing its stake in SBI to 9.49%
 "Post QIP, SBI's CET1 capital rises to 11.5%; LIC invests ₹5,000 crore")
World needs willing allies to counter adverse impact of US actions
A major area of success that was important for speeding up development in the post-World War II era was the trade agreement among nations
 "World needs willing allies to counter adverse impact of US actions")
Tata Capital's valuation touches ₹1.38 trillion after rights issue
Shares priced at ₹343, a 22% premium over March
 "Tata Capital's valuation touches ₹1.38 trillion after rights issue")
Datanomics: India Inc's participation in PM Internship Scheme rises
In Round 1,68.82 per cent of all offers went to the top 10 states, with Uttar Pradesh alone getting 14 per cent. In Round 2, this concentration rose to 74 per cent
 "Datanomics: India Inc's participation in PM Internship Scheme rises")