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Yesterday’s big news was related to wholesale inflation. In April, wholesale inflation has come down from 2.05 % to 0.85 %. This is a 13 -month low of inflation. At the same time, the Government of India has approved HCL and Foxconn to build the sixth semiconductor plant.
Today’s headlines before tomorrow’s big news, which will be seen …
- The stock market may see a boom today.
- Bikaji Foods International will result in the fourth quarter results.
- There has been no change in the price of petrol and diesel.
Now read the big news of tomorrow …
1. In April, wholesale-inflation at 13 months low at 0.85%: The impact of the fall in food and drink prices was 2.05% in March.
In April, wholesale inflation has come down from 2.05 % to 0.85 %. This is a 13 -month low of inflation. Earlier in March 2024, inflation was at 0.53%. At the same time, the inflation rate of February 2025 has been revised by the government. It has been increased from 2.38% to 2.45%.
Inflation has decreased due to the decrease in the prices of daily needs and the prices of food and drink. The Ministry of Commerce and Industry released these figures today i.e. on 14 May.
Click here to read the full news …
2. HCL- Foxconn will make semiconductor chip in India: Government approves the sixth plant costing ₹ 3,700 crore; 3.6 million chips will be made every month
The Government of India on Wednesday approved HCL and Foxconn to build the sixth semiconductor plant. The plant will be built near Jewar Airport in Yamuna Expressway Industrial Zone in Uttar Pradesh at a cost of Rs 3,700 crore. The plant will run at a capacity of 20,000 wafers per month.
It will have a monthly production of 36 million display driver chips. Apart from this, work is already going on fast on 5 semiconductor units. This investment will reduce India’s dependence on China-Taiwan for equipment like mobile, car, laptop.
Click here to read the full news …
3. Microsoft will remove 6,800 employees: 3% of people will be affected by this, Meta also fired 3600 people in January.
Tech company Microsoft will hire 6,800 employees. This is about 3% of the total workforce of the company. At present, the company has about 2.28 lakh employees. After 2023, this will be the largest pruning in Microsoft.
In 2023, the company fired about 10,000 employees. According to media reports, this trimming is not based on performance. A Microsoft spokesperson said that we are constantly implementing changes that are necessary to bring the company to better position.
Click here to read the full news …
4. Indian Tourists doing Boycott of Turki-Azerbaijan: 250% cancellations increased on Mekkitrip, Indians spent ₹ 4,000 crore last year
Amidst India-Pakistan tension, Indian tourists are doing Boycott of Turkas and Azerbaijan. According to Mekmiterip, in the last one week, the cancellations of the yatms going to Turki-Ajarbaijan have increased by 250%. With this, bookings have fallen by 60%. At the same time, 30% for Jarabaijan, 22% for Turkas have increased.
Actually, the Operation of India’s Operation Sindoor and Azerbaijan openly criticized. After this, Boycott Turkey and Boycott Azerbaijan were on trend on social media recently.
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5. Fighter-Jet Tejas making company HAL decreased by 8%: Revenue declined by 7% to Rs 13,700 crore, the company’s stock rose 17% in a year
Hindustan Aeronautics Limited, a company that makes fighter jet Tejas and Dhruv helicopter, has received a net profit of Rs 3,977 crore in the fourth quarter of FY 2024-25. It has decreased by 8% on an annual basis. The company’s profit was Rs 4,309 crore in the same quarter of a year ago.
The company’s revenue was Rs 13,700 crore due to the operation in the January-March quarter. In the same quarter of a year ago, the company generated a revenue of Rs 14,769 crore. It has decreased by 7.23% on an annual basis.
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Now read the news of your need …
E-passport facility will be available in the whole country by 2025 mid-day: You will be able to escape from duplicate, know what existing passport holders will also have to be built?
E-Passport is expected to rollout across the country by mid-2025. It was started on 1 April 2024 as a pilot project. The government has brought it to protect the data of passport holders and to avoid duplicate. Here we are telling important things about India’s chip-based e-pasport …
Click here to read the full news …
Tomorrow, see who should be the top-10 richest in the world…
Know the condition of tomorrow’s stock market and gold and silver …
Know the latest price of petrol-diesel and gas cylinders …
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