Business News Update; The stock market will rise after the election results. There will be a rise in the stock market after the election results: PM Modi said – Sensex reached 25 to 75 thousand in 10 years, ONGC’s profit was ₹ 11,526 crore.

Yesterday’s big news was related to the stock market. Prime Minister Narendra Modi is confident that after the results of the Lok Sabha elections on June 4, there will be a rise in the stock market. PM Modi further said that when our government came 10 years ago, the market was at 25,000 (Sensex) and now it is at 75,000.

At the same time, the profit of Oil and Natural Gas Corporation i.e. ONGC Limited in the fourth quarter (January-March) of the financial year 2024 increased by 78% on annual basis (YoY) to ₹ 11,526 crore. The company’s consolidated net profit in the same quarter a year ago was ₹6,478 crore.

Before tomorrow’s big news, today’s major events to keep an eye on…

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1. There will be a rise in the stock market after the election results: PM Modi said – Sensex reached 25,000 to 75,000 in 10 years, there was an increase in PSUs.

Prime Minister Narendra Modi is confident that after the results of the Lok Sabha elections on June 4, there will be a rise in the stock market. Prime Minister Modi said in an interview with NDTV that during the “election week”, or the week when the Lok Sabha election results are declared, the market performance will show who is coming back to power.

PM Modi further said that when our government came 10 years ago, the market was at 25,000 (Sensex) and now it is at 75,000. Look at PSU banks, the value of their shares is increasing. Shares of many government companies have increased more than 10 times in the last two years. PM Modi took oath as Prime Minister for the first time on 26 May 2014.

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2. ONGC’s fourth-quarter profit increased by 78% to ₹ 11,526 crore: Income increased by 1.64% on an annual basis, company will pay dividend of ₹ 2.50 per share.

Oil and Natural Gas Corporation i.e. ONGC Limited’s profit in the fourth quarter (January-March) of FY 2024 increased by 78% on an annual basis (YoY) to ₹ 11,526 crore. The company’s consolidated net profit in the same quarter a year ago was ₹6,478 crore.

The company has announced a final dividend of ₹ 2.50 per share to its investors for the financial year 2024. Companies give some part of the profits to their shareholders, it is called dividend. ONGC has released its fourth quarter and annual results today i.e. on 20th May.

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3. Google CEO likes Bengaluru’s ‘Dosa’: Sundar Pichai said – ‘Chole Bhature’ in Delhi and ‘Pav Bhaji’ in Mumbai are my favourites.

Google CEO Sundar Pichai recently shared his favorite Indian foods and his thoughts on Artificial Intelligence (AI) in India. In a podcast with YouTuber Varun Maiya, Pichai talked about the impact of AI on the Indian job market and also gave advice to the country’s engineers.

Talking about his favorite Indian foods, Sundar Pichai said, ‘When I am in Bengaluru, my favorite food is ‘Dosa’. Whereas if I am in Delhi, then Chole Bhature is my favorite food and if I am in Mumbai, Pav Bhaji is my favorite food.

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4. 2024 Bajaj Pulsar F250 semi-faired bike launched: Features like Bluetooth connectivity with turn-by-turn navigation, price ₹ 1.51 lakh

Bajaj Auto India has launched the 2024 Bajaj Pulsar F250 in India today (May 20). The company had introduced the bike at the global launching event of Pulsar NS400Z launched earlier this month. Now the company has revealed its price. Bajaj has priced the updated Pulsar F250 at Rs 1.51 lakh (ex-showroom, Delhi).

The company has made some changes in the bike. The biggest change in this has been made in the instrument console. Here you will now get the new fully-digital display, which is in almost every model of Pulsar. The display comes with Bluetooth connectivity for call and SMS alerts and turn-by-turn navigation through the Bajaj Ride Connect app.

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Many times it is seen that in case of sudden need of money, people break their Fixed Deposit (FD). But by doing this you may have to suffer loss. Because if you break FD before maturity, you will not only get less interest but you will also have to pay penalty.

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Car can heat up to 70 degrees in the sun: Care of tyres, AC, engine is necessary; Solar fan and car umbrella will be useful

Many states of the country are currently in the grip of extreme heat. The Indian Meteorological Department (IMD) has issued a red alert of heatwave in Delhi, Punjab, Haryana and Rajasthan. There is an orange alert of heatwave in Uttar Pradesh and Bihar. Apart from this, there is a possibility of heat wave in Uttarakhand, Gujarat, Madhya Pradesh, West Bengal and Jharkhand.

In many states the temperature has currently reached 47 degrees Celsius. In this temperature, the temperature inside a car parked in the sun reaches 70 degrees. In such weather, leaving your car in the sun all day can cause many problems.

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