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    JUNE 2

    China's June factory activity contracts again, services slows

    China's economic indicators for June painted a challenging picture, with manufacturing activity stagnating and services slipping to a five-month low, according to an official survey released on Sunday. The Purchasing Managers' Index (PMI) remained unchanged at 49.5, below the growth threshold of 50, indicating ongoing economic struggles despite some positive signals in industrial production. Analysts noted that while exports have been a strong driver, both domestic and external demand remain insufficient to fully utilize China's manufacturing capacity, prompting calls for additional policy support to stimulate growth.

    ETtech Deals Digest: Startups raise $1.71 billion in June 2024, marking a 148% on-year increase

    The fundraise was done by startups in the early and late stages across 85 rounds, said private market intelligence platform Tracxn.

    From 'Rautu Ka Raaz' to 'That '90s Show Part 2': Watch latest OTT releases on Netflix, Prime Video, Apple TV+

    From gripping crime comedies to touching documentaries and engaging dramedies, there's something for everyone this week on OTT platforms. Netflix, Prime Video, and Apple TV+ are rolling out a mix of fresh movies and TV shows, including highly anticipated titles and hidden gems. Whether you're in the mood for a thrilling series or a heartwarming film, our curated list of must-watch releases will guide you to the best content dropping this week.

    Under-construction housing prices increase 15.2% in June quarter

    Residential real estate supply surged in June quarter driven by under-construction properties, prices rose 11.7% and 15.2% sequentially, surpassing ready-to-move-in prices in Gurugram, Mumbai, Noida, and Thane.

    Gold loan interest rates in June 2024: Latest gold loan interest rates of 24 banks

    A gold loan is a secured loan that allows you to leverage the value of your gold ornaments or jewelry to obtain funds. Latest gold loan interest rates offered by banks in June 2024.

    Stocks to buy: Bet on stocks that regularly beat analyst estimates; 5 stocks with double-digit upside

    Stocks to buy: Out of 304 companies, where estimates are compiled by a minimum of three analysts through Reuters-Refinitiv, 50 stocks have consistently surpassed analysts’ net profit estimates in all four quarters of 2023-24. This group of 50 stocks has delivered an average return of 72.4% over the past year, compared to the BSE 500 index’s 38% return over the same period. This data is based on closing values as of 18 June. The article explores the five companies that have been covered by a significant number of analysts and currently offer double-digit share price potential.

    The Economic Times
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