Modi 3.0, Blinkit Warehouse,Indian Railways, Apple new AI Feature, Etc

Market Briefs

Main Briefs

Modi 3.0: Key Ministers Retain Portfolios for Stability:

• No change in the key ministries in Modi 3.0 government.

• Amit Shah remains Home Minister.

• Rajnath Singh continues as Defense Minister.

• Nirmala Sitharaman retains the Finance Ministry.

• S. Jaishankar continues as External Affairs Minister.

• The decision highlights government confidence and aims for stability.

Food Safety Dept. Finds Major Violations at Blinkit Hyderabad Warehouse:

• The Food Safety Department conducted a raid at Blinkit warehouse in Hyderabad.

• Multiple health violations were found during the inspection.

• Unsanitary conditions and improper food storage were major issues.

• Lack of adherence to safety protocols highlighted.

• Concerns raised about the overall food safety standards at the warehouse.

Indian Briefs, You Can’t Miss:

1. Citroen Partners with Cab-Eez Infra Tech for Massive e-C3 EVs Supply.

2. Chennai's SaaS Pioneer Kissflow Cuts 45-50 Jobs Amid Financial Tightening.

3. Bengaluru Introduces Second Union-Backed Auto-Rickshaw App After Namma Yatri.

4. Centre Greenlights Rs 1.39 Lakh Crore Tax Distribution to States for June.

5. Indian Railways Set for Major Upgrades Under Modi 3.0: New Trains, Expanded Capacity.

6. GAIL to Invest Rs 60,000 Crore in Ethane Infrastructure.

7. New Coalition Government Under Modi 3.0 Brings Cheers to FMCG Companies.

World Briefs

• US Sets Up Task Force to Crack Down on Illegal E-Cigarette Market.

• Google Hit with 482 Million Lira Fine by Turkey Over Hotel Search Monopoly.

• New India-Bangladesh Bridge to Open by September, Connecting NE to Bay of Bengal.

AI Briefs

• Apple Launches 'Apple Intelligence': A New Era in Generative AI.

• Accenture Report: Gen AI Can Ease Consumer Stress from Information Overload.

• Okta CEO: Microsoft's AI Outsourcing Gives Google an Edge.

• New visionOS Feature Creates Spatial Photos from 3D Images.

Company Of The Day

Company Name: KMF Nandini

• Founder: Under Ministry of Cooperation, Government of Karnataka

• Year Of Foundation: 1974

• Headquarter: Bangalore, Karnataka, India

• Industry:

  KMF Nandini is a federation of milk producers that sells milk, curds, ghee, butter, ice cream, chocolates, and sweets.

• Why Is It in the News?

  The official jerseys for the ICC Men's T20 World Cup 2024 for Scotland and Ireland feature Karnataka Milk Federation Nandini as their official sponsor, with the logo prominently displayed on the jerseys.