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होम » Breaking Briefs

Breaking Briefs

Unprecedented demand triggers supply apprehensions in AC market

With the mercury level routinely crossing the dreaded 40 degree of the Celsius scale, sales have zoomed up to 300% of that recorded at the same time in 2023, the report said. Even areas with low sales have recorded brisk bookings of air conditioners.
Tesla’s Revamp price: Cuts down price for its models amid falling sales

Tesla CEO wrote on his social platform X, about the price cut down, says the price should change to match the demand.
India’s smartphone market’s recovery tune rings louder in Q3 FY24

Indian smartphone market rounded off the January-March quarter in 2024 with a growth of 15% on a year-on-year basis.
India’s power consumption set to peak as summers approach

The ministry has estimated that the peak power demand will reach 260 GW during the summer season (April to June), anticipating an extended duration of heat waves. Notably, the peak power demand reached an unprecedented peak of 243 GW in September 2023.
Alia Bhatt, Sakshi Malik make it to Times 100 most influential list

Along with these, Indo-British Hollywood actor Dev Patel and Microsoft CEO Satya Nadella have also been featured in the list. Jigar Shah, director of the Loan Program Office of the US Department and born in Modasa, Gujarat, has also made it to the list.
Tech industry revenues decelerated sharply in FY24 in India

The tech industry was expected to create about 60,000 new jobs in FY24.
Electric 2W sales fall as FAME replaced with EMPS.

The FAME scheme by Indian government has been replaced with the new EMPS scheme for the next 4 months, And the sales of electric 2 wheelers has fallen in April 2024, exceeding the numbers in past.
Maruti Suzuki gets tax demand notice of Rs 2.5 crore

According to information provided in the exchange filing, the tax demand notice is for the four-year period, with the previous demand of ₹11.5 crore being revised to ₹2.5 crore.
Pakistan Blocks X right before Elon Musk’s visit to India

According to Geo News report, Sindh High Court has asked the Pakistan government to lift this ban within a week, or else the court will be compelled to take action on the next date, which is May 9th, 2024.
Iran-Israel conflict :Rupee plunges to a historic low

Following Iran's attack on Israel, the Indian stock market is likely to experience volatility, as investors are anticipated to closely monitor the unfolding developments.

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