Top Seven Business And Market Stories Of The Day You Can't Miss — July 5

Keir Starmer Officially Appointed UK PM By King Charles

Britain’s head of state King Charles III officially appointed Labour leader Keir Starmer as prime minister.

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Source: The Royal Family/ X

Bajaj Auto Launches World’s First CNG Bike ‘Freedom 125’ In Three Variants

The Freedom 125 is powered by a 125-CC engine, with the ability to toggle between petrol and CNG powertrains. The motorcycle will be available in three variants, with prices starting at Rs 95,000.

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Source: NDTV Profit

Kotak Arm, 5 Other Entities Could Face Money Laundering Probe Post SEBI Show Cause

The show cause notice to Kotak Bank arm, K-India Opportunities Fund-Class F and five other entities could potentially open an investigation under the PMLA, 2002.

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Source: NDTV Profit

India-UK Trade Deal In Focus As Sunak Gives Way To Starmer At Downing Street

The new UK Prime Minister would likely proceed with the FTA, as the market access to India and tariff relief to exporters has significant advantages, say trade experts.

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Source: Keir Starmar/ X

Remembering India’s ‘Big Bull’ Rakesh Jhunjhunwala

July 5 marks the birth anniversary of late Rakesh Jhunjhunwala, a heavyweight in India’s financial landscape, who died in 2022 at the age of 62.

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Source: Wikipedia

Gen Z’s Dining Habits Reshaping Restaurant Business

Eating out is becoming a regular habit with Indians now dining out five times a month, a number that’s expected to jump to seven or eight times by 2030.

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Source: Unsplash

HDFC Bank Logs Worst Close Since June 4

The decline followed analysts’ comments pointing to a weak June quarter after its business update.

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Source: NDTV Profit

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