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Google I/O 2024 is set to begin this year on Tuesday in Mountain View, California. The event promises a deep dive into Google's latest innovations, focusing on software updates, AI advancements, and more. The keynote, led by Sundar Pichai, will start at 10 AM Pacific Time (10:30 PM India Time) and will be live-streamed on Google's official YouTube channel. Expect insights into Android's future, updates on generative AI like Gemini AI, and potential teasers of upcoming Google hardware.
Financial Updates
BoB’s net interest income for the full financial year stood at Rs 44,722 crore, an 8.1% uptick over FY23. The operating profit for FY24 was reported at Rs 30,965 crore, a 15.3% year-on-year (YoY) gain.
Dr Lal PathLabs saw an 8% surge in shares to Rs 2,539.65 on the BSE following a 51% YoY increase in net profit to Rs 86 crore for Q4FY24. Analysts have varying opinions, with Kotak and JM Financial maintaining positive outlooks, while Goldman Sachs remains cautious.
ABB India surged 8.5% on the BSE, hitting a new 52-week high of Rs 7,792.40. The company reported a remarkable 87% increase in net profit to Rs 460 crore in the March 2024 quarter, driven by higher revenues.
Coal and Cryptocurrency Updates
India's coal import surged by 7.7% to 268.24 MT in FY24, driven by lower seaborne prices and anticipated rise in power demand during summer. March FY24 saw an increase to 23.96 MT. Non-coking coal import was 15.33 MT, while coking coal import stood at 5.34 MT. Domestic coal production in FY24 grew by 11.65% to 997.25 MT.
In the last 24 hours, the m-cap of Bitcoin, the world's largest cryptocurrency, fell to $1.214 trillion. Dogwifhat (WIF) meme coin garnered attention with $4.85 peak and $4.8B cap. 'Doge-hat army' supports. Dogeverse (DOGEVERSE) emerges with cross-chain innovation, $13M presale success, staking rewards.
Google Pixel 8a Launch
Google has launched the Pixel 8a, a budget-friendly smartphone packed with advanced AI features. It comes with a powerful dual camera system, AI-powered photo and video tools, enhanced productivity features, and a durable design. The device offers a range of storage options, a vibrant display, family-friendly features, and robust security measures. With competitive pricing and long-term software support, the Pixel 8a aims to deliver a premium experience at an affordable price point.
Pixel 8a Price and Specifications
Google has launched its latest midrange smartphone, the Pixel 8a, in India, featuring advanced specs like the Tensor G3 chip and 8GB RAM. With a 6.1-inch OLED display, 64MP dual-camera setup, and Gemini AI integration, the Pixel 8a promises a high-quality user experience. Google's commitment to software updates includes Android 14 and 7 years of security updates. The launch offers include discounts and bonuses, with prices starting at Rs 52,999 for the base model and sales beginning on May 14.
Gold Demand and Tech Updates
Demand for gold bars, coins, and jewellery increased in March quarter. Total gold demand rose due to rising investment interest, positive inflows in gold ETFs, and strong macroeconomic support in India.
Valorant Episode 8 Act 3 introduces the Mystbloom bundle, a captivating weapon collection featuring a lotus theme and a pink color scheme. Priced at 8,700 VP, the bundle includes four gun skins, a melee weapon skin, a gun buddy, a player card, and a spray, with variant options available for further customization.
New Tech Launches
Nothing introduces blue Nothing Phone 2(a) in India at Rs 19,999 on Flipkart, featuring Android 14, Bluetooth 5.3, WiFi 6, 5G, and dual 50 MP OIS rear cameras.
Xiaomi's Redmi brand has launched the Redmi Pad SE tablet and Redmi Buds 5A wireless headset in India, focusing on affordability and functionality. The Redmi Pad SE starts at Rs 12,999 and offers a Snapdragon 680 chipset, 11-inch WUXGA LCD screen with 90Hz refresh rate, and 8MP rear/5MP front cameras. The Redmi Buds 5A, priced at Rs 1,499, features ANC, 12mm dynamic drives, AI ENC for calls, and a 30-hour battery life.
