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Yesterday’s big news was related to wholesale inflation. Wholesale inflation has increased to 1.26% in the month of April. This is the highest level of inflation in 13 months. Earlier in March 2023, the wholesale inflation rate was 1.34%. Inflation has increased due to increase in prices of food items.
At the same time, Google’s annual developer conference ‘Google I/O 2024’ event took place on Tuesday (May 14). During this, the company’s CEO Sundar Pichai said that Gemini 1.5 Pro has now been made available for developers at the global level.
Before tomorrow’s big news, today’s major events to keep an eye on…
- A rise can be seen in the stock market today on Wednesday (May 15).
- There has been no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. Wholesale inflation rate is at the top of 13 months: Food items became expensive, prices of daily use items like soap and oil also increased.
Wholesale inflation has increased to 1.26% in the month of April. This is the highest level of inflation in 13 months. Earlier in March 2023, the wholesale inflation rate was 1.34%. Inflation has increased due to increase in prices of food items. Whereas a month before this, in March 2024, it was 0.53%. Whereas wholesale inflation was 0.20% in February and 0.27% in January.
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2. Gemini 1.5-Pro and 1.5-Flash launched at ‘Google I/O’ event: AI-powered search and Gemini Assistant announced on Android, AI-powered search results will be available in Google Search
Google’s annual developer conference ‘Google I/O 2024’ event took place on Tuesday (May 14). During this, the company’s CEO Sundar Pichai said that Gemini 1.5 Pro has now been made available for developers at the global level. Not only this, consumers will get 2 million tokens instead of 1-million in Advanced Gemini.
Click here to read the full news…
3. Judgment reserved on Ramdev-Balkrishna contempt case: IMA Chief apologized to the court, the bench said – cannot say anything sitting on the sofa.
In the misleading advertisement case, the Supreme Court on Tuesday reserved its verdict on the contempt notice sent to Yoga Guru Ramdev, Acharya Balkrishna and Patanjali Ayurveda. Also, both have been exempted from personal appearance. The bench of Justice Hima Kohli and Justice Ahsanuddin Amanullah has given 3 weeks time to Patanjali Ayurved to file an affidavit.
The Supreme Court said that the affidavit should state what steps have been taken to withdraw the advertisements of the products whose licenses have been cancelled. The bench said- Baba Ramdev has a lot of influence, use it properly.
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4. 3 foreign companies including Blackstone will jointly buy Haldiram: Bid of ₹ 70 thousand crores to buy 76% stake of the company
A global investment group has reportedly submitted a non-binding bid of $ 8.5 billion (about Rs 70 thousand crore) to buy 76% stake in the country’s popular snacks company Haldiram.
According to the report, a consortium led by private equity firm Blackstone along with Abu Dhabi Investment Authority and GIC Singapore have submitted a bid to buy the stake.
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5. Court sent former DHFL director to jail: Accused of fraud of ₹ 34 thousand crore from 17 banks, arrested by CBI yesterday
Former director of Dewan Housing Finance Limited (DHFL) Dheeraj Wadhawan has been sent to judicial custody by a special court in Delhi in the ₹34,000 crore bank fraud case. Wadhawan was arrested by the Central Bureau of Investigation (CBI) in Mumbai on the evening of May 13.
After this, today he was presented in the special court, from where he has been sent to judicial custody. Earlier, Wadhawan was detained by CBI in the Yes Bank corruption investigation and was later released on bail.
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6. Airtel’s fourth-quarter profit declined by 31% to ₹ 2,071 crore: Income increased by 4.4% on an annual basis, the company will pay a dividend of ₹ 8 per share.
Telecom company Bharti Airtel’s profit in the fourth quarter (January-March) of FY 2024 declined by 31.08% on an annual basis (YoY) to ₹ 2,071 crore. The company’s consolidated net profit in the same quarter a year ago was ₹3,005 crore. Airtel has released its fourth quarter and annual results today i.e. on May 14.
The company has also announced a final dividend of ₹ 8 per share for the financial year 2024. Companies give some part of the profits to their shareholders, it is called dividend. Ahead of the results, Airtel shares closed 0.086% higher at ₹1,287.05. It has given 61.48% returns in the last one year.
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Now read the news you need
Loan is easily available by filing ITR: File income tax return even if annual income is less than Rs. 2.5 lakh, know its 5 benefits.
Income tax return (ITR) has to be filed by July 31 for the year 2023-24. Many people believe that if their annual income is less than Rs. 2.5 lakh and they do not come under the tax net, then they do not need to file ITR, but it is not so.
Even if you do not come under the income tax net, you should still file the return, because if you file ITR, you get many benefits from it. Filing ITR makes it easier to get a loan. Apart from this, it is also necessary for visa. We are telling you about 5 benefits of filing ITR.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
Yesterday the market was closed due to holiday on Sunday, so know the condition of share market and gold and silver on Friday…
Know the latest price of petrol, diesel and gas cylinder…
