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Newsletter | Lok Sabha Elections 2024 Phase One; Israel rains missiles on Iran; Gold prices steady amid geopolitical tensions
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Summary
From Lok Sabha Elections 2024 Phase One to the escalating tensions between Israel and Iran, here are the top 11 news stories across business, global events, tech, and more
Here are the top 11 news stories across business, global events, tech, and more —
#LatestNews⚡
Lok Sabha Elections 2024 Live Updates Phase One: West Bengal records 34% voter turnout, MP 31%, Maharashtra 19% till 11 am
The voting for the first phase of Lok Sabha elections began at 7 am on April 19, Friday. As many as 102 parliamentary constituencies across 21 states and Union Territories are polling today. There are 1,625 candidates out of which only 134 (8%) are female candidates. Besides General Elections, Arunachal Pradesh and Sikkim will conduct the Assembly polls simultaneously in the first phase. Eight Union ministers, two former chief ministers and one ex-governor are among those who are set to test their electoral fate in this phase. The voting for the 18th Lok Sabha will be held in seven phases. The counting of votes will be on June 4.
Lok Sabha Polls ’24 | Will Katchatheevu resurgence in the campaign help BJP in Tamil Nadu
With Tamil Nadu going to the polls in the first phase of the General Elections and the BJP determined to make a mark in the Southern State, many issues that have been on the backburner were rekindled. One such issue was that of the tiny island of Katchatheevu in the Palk Strait.
Situated close to the coast of Rameswaram, Katchatheevu is a mostly uninhabited small island of less than 300 acres. It houses a Church where fishermen from both the Sri Lankan and the Indian side visit once a year for a festival, and a few fishing hamlets.
Middle East on the brink of a big war as Israel rains missiles on Iran in retaliation
The situation in the Middle East turns worse as Israel retaliates to Iran’s attacks over the weekend. Israeli drones struck an military base near Ifsahan, which has the country’s largest nuclear research centre, according to officials from Iran who spoke to the New York Times.
Reports of explosions near the Isfahan airport emerged just minutes after a US official told the Australian broadcaster ABC that Israel had fired missiles on one Iran site.
However, the Iranian officials didn’t explicitly name the country behind the attack in Ifsahan.
#TechTalks📱
Swiggy integrates Instamart with Mall to deliver a wider selection of products
On-demand convenience delivery platform, Swiggy, on Thursday (April 18), announced the integration of Swiggy Mall, with its popular quick commerce platform Swiggy Instamart.
According to the company, Swiggy Mall, which initially ventured into online retail, catering to a diverse range of home and family needs, has garnered significant traction in select areas of Bengaluru. It offers an array of categories spanning sports goods, footwear, clothing, electronics, appliances, toys, and stationery.
Infosys is committed to ethical and responsible use of AI, says CEO Salil Parekh
Infosys CEO Salil Parekh said that the company is committed to the ethical and responsible use of artificial intelligence (AI). He was speaking during a media briefing after the IT major announced its January-March quarter results.
Parekh highlighted the progress Infosys has made in AI-driven initiatives, showcasing the substantial traction gained among clients for generative AI endeavours.”We are working with market-leading open access and closed large language models. As an example in software development, we have generated over three million lines of code using one of the generative AI large language models in the public domain,” he said.
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People Will Laugh At You… You Also Laugh With Them: Vikas Khemani | I Did It My Way | N18V
#Education&Careers💻
As appraisals near, employees fear ‘dry promotion’ — Here’s all about the new workplace trend
Amid a busy week and routine emails, have you ever been ecstatic to find a promotion letter? But, as you read through, you realise the monetary hike that comes with the added responsibilities is next to negligible. Total buzzkill, isn’t it?
Suppose you haven’t encountered this situation before. In that case, chances are some of your senior colleagues can attest to having experienced it, or you might face a similar scenario in the future. As this phenomenon regains prominence in the slack job market, the trend has a new name — dry promotion.
Future Female Forward: Women need to embrace self-care and aspirations fearlessly, says Radhika Gupta
For many women, achieving a harmonious work-life balance remains a challenging feat. Approximately 70% of women view work-life balance as the primary obstacle to career advancement. This statistic underscores the intricate dance between career aspirations and personal responsibilities that women grapple with on a daily basis.
During CNBC-TV18’s event, Future Female Forward, Radhika Gupta the Managing Director and CEO of Edelweiss Mutual Fund, shared her perspective on this perennial challenge. Gupta reflected on her pre-motherhood mindset, where she compartmentalized her life into three distinct buckets: work, family, and personal growth. Personal growth, she emphasized, was a vital component, encompassing endeavours unrelated to her primary work or family obligations.
#PersonalFinance💰
Gold prices steady amid geopolitical tensions: Check city-wise rates today
The price of 24-carat gold exhibited a marginal decline of ₹10 in early trade on Friday, April 19, according to data sourced from the GoodReturns website. 10 grams of the precious metal were valued at ₹73,790.
Globally, gold has been buoyed by escalating tensions in the Middle East, particularly between Israel and Iran.Investors, seeking refuge from geopolitical uncertainty, have flocked to gold, driving its prices higher, according to news agency Reuters report.
Kotak Mahindra MF lowers SIP amount to ₹28 for four funds — what this means for investors
Kotak Mahindra Mutual Fund has announced some adjustments to its systematic investment plan (SIP) amounts for four of its flagship funds, effective from April 22, 2024.The funds affected by this change include:
Kotak Gold Fund.
Kotak Multicap Fund.
Kotak Multi Asset Allocation Fund.
Kotak Nifty 200 Momentum 30 Index Fund.
#MarketNews📈
Infosys shares fall 2% after subdued revenue guidance; 15% analysts have a ‘sell’ rating
Shares of technology bellwether Infosys Ltd. fell up to 2% on Friday, April 19, after the company missed revenue estimates and offered softer guidance for the financial year 2025. The US-listed shares of Infosys recovered to trade 1% down at open after falling 8% in pre-market trading on Thursday.
Infosys announced a muted constant currency (CC) revenue growth forecast of 1-3% for FY25 against analyst estimates of 2-6% in CC terms with operating margin guidance at 20-22%.
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Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
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