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Business news in a nutshell. Supreme Court on Patanjali and Ramdev Baba SC said – Celebrities are also responsible for misleading advertisements: Apple launched 4 devices at ‘Let Loose’ event, UPI transactions grew by 50% in a year Achi-News

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  • Business news in brief Supreme Court on Patanjali and Ramdev Baba

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Yesterday’s big news had to do with the Supreme Court’s comments in the Patanjali advertisement case. The Supreme Court said on Tuesday that along with society, celebrities and social media influencers are equally liable for misleading advertisements.

The second news was related to Apple’s ‘Let Loose’ event. The company launched 4 devices yesterday – iPad Air, iPad Pro, Magic Keyboard and Pencil Pro. At the same time, the number of transactions through UPI increased by 50.11% on an annual basis to Rs 1,330 crore in April 2024.

Before tomorrow’s big news, today’s key events to keep an eye on…

  1. Today is the last opportunity to invest in the IPO of Inengine Limited.
  2. The IPO of TBO Tech Limited will open. Opportunity to invest in it until May 10.
  3. The issue of Aadhaar Housing Finance will be opened. Opportunity to invest in it until May 10.
  4. Hero MotoCorp to announce fourth quarter and annual results for financial year 2023-24.
  5. Tata Power’s fourth quarter and annual results for the financial year 2023-24 are forthcoming.

Now read tomorrow’s big news…

1. SC said- Celebrities also liable for misleading advertisements: Notice to IMA president on controversial statement in Patanjali case, sought reply by May 14

The Supreme Court discussed on Tuesday (May 7) the case of Patanjali’s misleading advertisement. The court said- if the advertising of any product or service influencing people is found to be misleading, then celebrities and social media influencers are equally liable.

Click here to read the full news…

2. Apple’s thinnest device iPad-Pro was launched: its thickness is 5.1 mm, iPad Air, Magic Keyboard and Pencil Pro were also launched.

The technology company Apple launched 4 devices at the ‘release’ event – iPad Air, iPad Pro, Magic Keyboard and Pencil Pro. iPad Air and iPad Pro launched with 11-inch and 13-inch display options iPad Pro is Apple’s thinnest device.

Click here to read the full news…

3. Transactions through UPI increased by 50% in the year: 1,330 crore transactions were made in April, through which an amount of 19.64 lakh crore was transferred.

1,330 million UPI transactions took place in April 2024. During this period, a total amount of ₹ 19.64 lakh crore was transferred. The number of transactions increased by 50.11% on an annual basis. At the same time, the amount transferred through this increased by 38.70%. A year ago, that is in April 2023, transactions worth NIS 14.16 million were made through 886 million transactions.

Click here to read the full news…

4. Adani Green Energy will build two wind power plants in Sri Lanka: a power purchase agreement was signed for 20 years, the company will invest 367 million rupees

The Sri Lankan government on Tuesday approved the development of a wind power plant in the country with Gautam Adani’s renewable energy company, Adani Green Energy. Adani Green Energy will build wind power plants in Mannar and Punrin in Sri Lanka.
Click here to read the full news…

5. The stock exchange will also open on May 18: there will be two special trading sessions on Saturday, there will be tests of what will happen if the main system fails.

The National Stock Exchange (NSE) announced today on May 7 (Tuesday) that the market will remain open even on May 18, 2024, which is a Saturday holiday. During this period there will be two special live trading sessions. This is done to test the disaster recovery site.

Click here to read the full news…

Now read the news you need…

The price of gold fell today, silver became more expensive: gold reached 71,775 rupees, silver was sold at 81,500 rupees per kg.

There was a slight drop in gold prices today, that is on May 7. According to the Indian Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold became cheaper by Rs 41 to Rs 71,775.

Click here to read the full news…

Also see who were the 10 richest people in the world yesterday…

Know the state of tomorrow’s stock market and gold and silver…

Know the latest price of gasoline, diesel and gas cylinders…

There is more news…
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