BS-III flash sale: Relief for dealers, 75% of stock sold - Malyaban Ghosh, Financial Express
On the back of huge cash discounts — upto `22,000 — two-wheeler manufacturers were able to liquidate 75-80% of their inventory of BS III vehicles, multiple dealers said. As reported earlier, out of the over 8 lakh BS III vehicles, two-wheeler inventory at 6.71 lakh was the highest. Dealers saw heavy rush of consumers on Friday and the showrooms are expected to remain open till late in the evening like 10 pm.
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Vijay Mallya used Force India, RCB for laundering: ED chargesheet - Vijay V Singh, Times of India
Chanda Kochhar to go on leave till completion of enquiry: ICICI Bank board - Saloni Shukla, Economic Times
Rupee dives to 3-week low at 68.01 on macro-liquidity shocks - Money Control
SBI to stop handling payments for oil imports from Iran: Indian Oil - Nidhi Verma, Mint
Higher oil prices, GST may boost states revenue by Rs 37,400 crore in FY19 - Economic Times
RBI blames PNB board for fraud - Sobhana K Nair & TCA Sharad Raghavan, Hindu
Adani group emerges as highest bidder with Rs 60-bn offer for Ruchi Soya - Business Standard
Adani group emerges as highest bidder with Rs 60-bn offer for Ruchi Soya - Business Standard
Sensex rises over 100 points, Nifty above 10,850; IT, Pharma stocks lead gains - NDTV
Retail inflation inches up to 4.87% in May on costlier food items - Hindu
Reserve Bank aims to tighten working capital loan norms - Hindu
DMart operator Avenue Supermarts touches Rs 1 lakh crore mcap - Money Control
Petrol, diesel prices: Fuel rates cut for 13th straight day; check rates in Delhi, Mumbai, other cities - Financial Express
ICICI Bank, Chanda Kochhar face US regulatory probe; Indian agencies may seek foreign help - Economic Times
PSU banks suffer whopping Rs 87,000 cr loss in FY18 - Money Control
Government-appointed task force to take action against 2.25 lakh shell companies - Economic Times
SBI chief Rajnish Kumar says bank already big, more mergers are not advisable - Shaji Vikraman & George Mathew, Indian Express
RBI says rate hike wasn't meant to boost rupee; analysts say it will - Subhadip Sircar, Business Standard
List of stocks on SEBI’s ‘monitor list’ was leaked, suspect traders - Palak Shah, Business Line
Petrol price cut by 13 paise a litre, diesel by 9 paise - Hindu
Sensex up over 3% in 2018 but 17 stocks lost 50-90%, do you own any? - Money Control
India gets cheapest LNG as Russia’s Gazprom begins supplies - Hindu
RBI names IDBI Bank MD Jain as deputy governor - Gopika Gopakumar, Mint
Petrol prices cut for the seventh day in a row - Economic Times
Govt weighs merger of Bank of Baroda, IDBI Bank, Oriental Bank, Central Bank - Anirudh Laskar & Remya Nair, Mint
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We are always ready for talks with Pakistan but with a caveat that terror and talks cannot go together. There cannot be a comprehensive dialogue till Pakistan shuns terror. When funerals are taking place at the borders, then the talk for a dialogue is not appropriate.
Sushma Swaraj, External Affairs Minister

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