Elon Musk has seen the biggest fall in his net worth in the first six months of 2024 as compared to any other billionaire in the world. According to Forbes’ estimates, Tesla CEO Elon Musk’s net worth declined from $251.3 billion on December 31, 2023, to $221.4 billion on June 28, 2024. This is more than any other billionaire as...
Business
Bajaj Freedom, world’s 1st CNG bike, launched in India
Bajaj Auto has introduced the Freedom 125, marking the debut of the world’s first motorcycle to run on Compressed Natural Gas (CNG). This 125 cc commuter bike operates on both petrol and CNG, aiming to significantly lower operational costs for riders in its category. Priced between ₹95,000 and ₹1.10 lakh (ex-showroom), bookings for the Freedom 125 have commenced today. The initial rollout...
Hezbollah fires over 200 rockets into Israel after killing of senior commander
The Lebanese Hezbollah group said it launched over 200 rockets on July 4 at several military bases in Israel in retaliation for a strike that killed one of its senior commanders. The attack by the Iran-backed militant group was one of the largest in the monthslong conflict along the Lebanon-Israel border, with tensions escalating in recent weeks. The Israeli military...
Benchmarks off Record Highs: Sensex up 100 pts, Nifty near 24,350
The key equity indices traded in a narrow range with minor gains in early afternoon trade. The Nifty traded near the 24,350 mark. Realty shares extended gains for the third day in a row. Trading was volatile due to weekly F&O series expiry today. At 12:30 IST, the barometer index, the S&P BSE Sensex was up 222.64 points or 0.28%...
Chandrayaan’s rover makes significant discoveries on Moon’s south pole
The Pragyan rover from India’s Chandrayaan-3 moon mission has made significant discoveries on the lunar surface near its landing site. As reported by NDTV, the Vikram lander deployed the rover, which observed small rock fragments scattered around the rim, wall slopes, and floor of small craters in the southern high-latitude landing area. Over the course of a single lunar day,...
‘Inside Out 2’ becomes first film to hit $1 BILLION atglobal box office in 2024
Make room for more emotions and box office records as Disney and Pixar’s ‘Inside Out 2’ has officially entered the record books as the first film of 2024 to reach the $1 billion mark at the global box office. In just 19 days since its release, the animated sequel has grossed $469.3 million in North America and $545.5 million internationally,...
India’s power consumption rises nearly 9% to 152.38 billion units in June
India’s power consumption rose by nearly 9% to 152.38 billion units (BU) in June compared to the year-ago period mainly due to scorching heat which forced excessive use of cooling appliances like air conditioners and desert coolers. The highest supply in a day (peak power demand met) also rose to 245.41 GW in June 2024 against 223.29 GW in the year-ago month....
Stock market today: BSE Sensex surges over 500 points, moves above 78,500; Nifty50 above 23,800
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, continued to scale new highs in trade on Wednesday. While BSE Sensex crossed 78,500, Nifty50 was above 23,800. At 12:27 PM, BSE Sensex was trading at 78,569.21, up 516 points or 0.66%. Nifty50 was at 23,856.05, up 135 points or 0.57%. The stock market rally was driven by...
Plane horror as Korean Air flight drops 27,000ft in mere minutes
A Korean Air flight travelling from Incheon International Airport in South Korea to Taichung International Airport in Taiwan was forced to U-turn and make an emergency landing after the plane dropped around 27,000 feet in the air within just minutes, Independent reported. Nearly 50 minutes into the journey, the Boeing 737 Max 8 plane started losing altitude to around 8,000 feet from...
5G spectrum auction To begin On June 25
Reliance Jio, Bharti Airtel and Vodafone Idea began submitting bids on June 25 for the latest round of the 5G spectrum auction. The Indian government is selling airwaves worth Rs 96,317.65 crore. “To augment existing telecom services and maintain continuity of services, the government will hold the spectrum auction on Tuesday, 25 June 2024. This is in line with the government’s...
Elon secretly welcomed third child with Neuralink’s Shivon Zilis
Billionaire Elon Musk is believed to have a third child with an executive of his company Neuralink, named Shivon Zilis, as per the media reports. The mother of the child born earlier this year, Zilis, is Director of Special Projects at Neuralink. Earlier, Musk had twin sons named Strider and Azure, with Zilis in November 2021. However, there is no...
SEBI clears Ola Electric’s ₹5,500 crore IPO
Capital markets regulator SEBI (Securities and Exchange Board of India) has given its approval for the initial public offering (IPO) of the country’s largest electric two-wheeler maker Ola Electric. This would be the first by an EV startup in India and amongst the biggest new-age IPOs in 2024. CNBC-TV18 had reported on June 11 that the Bengaluru-based company had secured the nod...