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Yesterday’s big news was related to Kisan Samman Nidhi. Prime Minister Narendra Modi released the 17th installment of PM Kisan Samman Nidhi. In this, installments of Rs 2,000 each were sent to the accounts of 9.26 crore farmers. A total amount of Rs 20 thousand crore was transferred. Tata Group’s airline Air India is going to open its first flying school in India. This flying school will be opened in Amravati, Maharashtra.
Before tomorrow’s big news, today’s major events to keep an eye on…
- There may be a rise in the stock market today on Wednesday.
- The IPO of DEE Development Engineers and Acme Fintrade India will open.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. PM Modi released the 17th installment of Kisan Samman: Rs 20 thousand crore transferred to the accounts of 9.26 crore farmers.
Prime Minister Narendra Modi has released the 17th installment of PM Kisan Samman Nidhi on June 18. In this, installments of Rs 2,000 each have been sent to the accounts of 9.26 crore farmers. A total amount of Rs 20 thousand crore was transferred. PM Modi sent this amount to the accounts of farmers in a program organized in his parliamentary constituency Varanasi.
Earlier on February 28, the 16th installment of the scheme was released. Then more than Rs 21 thousand crore was transferred. Under this scheme, the government transfers Rs 6000 to the farmers’ accounts every year in three installments of Rs 2 thousand each.
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2. Air India will open the first flying school in India: The airline will train 180 pilots every year in Amravati, Maharashtra.
Tata Group’s airline Air India is going to open its first flying school in India. According to the report of Economics Times, this flying school of Air India will be opened in Amravati, Maharashtra.
According to the report, the airline is opening this flying school to overcome the expected shortage of pilots. This flying academy will have the capacity to train 180 pilots every year.
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3. Net direct tax collection of Government of India increased by 21%: ₹ 4.63 lakh crore so far in FY-25, tax refund of ₹ 53,300 crore issued.
The net direct tax collection of the Government of India increased by about 21% year-on-year to Rs 4.63 lakh crore between April 1 and June 17 (FY 2024-25). The Finance Ministry gave this information by releasing provisional data on June 18 (Tuesday).
The Central Board of Direct Taxes (CBDT) said that gross direct tax collections increased by more than 22% year-on-year to Rs 5.16 lakh crore. Gross direct tax means tax collection before refund.
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4. Fitch increased India’s GDP growth estimate from 7% to 7.2% for FY-25, this is equal to RBI’s estimate.
Fitch Ratings agency on Tuesday (June 18) raised India’s GDP growth forecast for the current financial year 2024-25 to 7.2% from 7% estimated in March. The agency has increased India’s growth estimates citing improvement in consumer spending and growth in investment.
Fitch has estimated a growth rate of 6.5% for the financial year 2025-26. At the same time, India’s economy is estimated to grow at a growth rate of 6.2% for the financial year 2026-27.
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5. Shares of ixigo’s parent company up 45% on BSE – Listed: Le Travenews Technology listed on NSE at 48.50% premium, issue price was ₹ 93
Shares of ixigo’s parent company Le Travenews Technology closed at Rs 72.72 (78.19%) on Tuesday. Earlier, the shares were listed at Rs 138.10 on NSE, up Rs 45.10 (48.5%). Whereas on BSE it was listed at Rs 135, up by Rs 42 (45.2%).
The company had kept the price band of its initial public offer i.e. IPO at ₹ 88-₹ 93. After bidding, its issue price was fixed at Rs 93. Retail investors could bid for this from June 10 to June 12.
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6. Google launches Gemini AI app in India: You can ask questions through voice and picture, support of 9 Indian languages including Hindi.
Tech company Google has launched the Gemini AI app. This app supports 9 Indian languages including Hindi, Bengali, Gujarati, Kannada, Malayalam, Marathi, Tamil, Telugu and Urdu. Google CEO Sundar Pichai gave this information on social media platform X.
Additionally, Google has introduced new features in Gemini Advanced, including data analysis capabilities, file uploads, and the ability to have English language chat with Gemini in Google Messages. Apart from India, Gemini app has also been launched in Turkey, Bangladesh, Pakistan and Sri Lanka.
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7. Dhoni Edition of Citroen C3 Aircross launched for ₹ 11.82 lakh: The SUV will come with autographed wicket-keeping gloves of the former Indian cricket team captain.
French auto maker Citroen India has (June 18) launched the Dhoni Edition of Citroen C3 Aircross in the Indian market. The design of the limited edition of the mid-size SUV is based on the jersey of former Indian cricket team captain Mahendra Singh Dhoni. Its name is C3 Aircross 7-Dhoni Edition and will be available only with 5+2 seating configuration.
Only 100 units of the Dhoni Edition of the Citroen C3 Aircross will be manufactured and sold. Customers will get Dhoni’s autographed wicket-keeping gloves along with the car from the company, which will be kept inside the glove box. Apart from this, a special gift has been kept in one of the cars. The company has kept its price at Rs 11.82 lakh (ex-showroom).
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8. Motorola Edge 50 Ultra smartphone launched for ₹ 49,999: It has magic canvas image creation feature, premium 3D curved display with IP68 rating.
Tech company Motorola has (June 18) launched the third and strongest smartphone of its Edge 50 series, Motorola Edge 50 Ultra, in India. Moto AI is provided in the smartphone. In this, images can be created with the help of Magic Canvas app.
Apart from this, the phone has features like 3D curve display, wooden finish, silicone leather back panel, 50 megapixel selfie camera, water and dust protection IP68 rating, Snapdragon 8S Gen 3 chipset. Motorola has launched the Edge 50 Ultra in India with a single storage option (12GB RAM + 512GB storage) and it is priced at Rs 54,999.
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Know the condition of tomorrow’s share market and gold and silver…
Know the latest price of petrol, diesel and gas cylinder…
