Ajit Pawar swears in as Maharashtra’s 2nd Deputy CM, breaks from Sharad Pawar; U.S. consumer spending fizzles in May, points to slower economic growth; Pan Gongsheng appointed as new party chief of People’s Bank of China; Twitter imposes temporary daily limit on number of posts users can read; Equities could see selling pressure at elevated levels…All this and much more on your daily podcast by Alex Mathew and Niraj Shah.