Moneycontrol Daily: Your Essential 7

Wall Street stocks tumbled again early Friday, extending the rout in prior sessions rout amid worries over higher interest rates as investors digested solid US hiring data. More here

Today:
Rahul Gandhi to visit Gandhi Bhavan
Fresh heatwave in northwest, central India Tomorrow:
Major block on WR for bridge work
Cyclone over Bay of Bengal
Mother's Day

Reliance Industries Limited (RIL) on May 6 reported a 22.5 percent year-on-year growth in its consolidated net profit to Rs 16,203 crore for the quarter ended March, which was below analysts' expectations of Rs 17,167 crore. More here

Questioning the modelling methodology used by WHO to estimate 4.7 million deaths in India due to Covid or its impact, top health experts have expressed disappointment over the global health body’s "one-size-fits-all" approach to arrive at the figure. More here.

Motorola has officially confirmed that the recently launched Edge 30 would be arriving in India next week. The Moto Edge 30 was unveiled in European markets last week. This is the second smartphone in the Edge series to launch in India in 2022, following the arrival of the Motorola Edge 30 Pro, which was the first smartphone to adopt the Snapdragon 8 Gen 1 chip in the country. More here

Tesla is aiming to run two shifts at its Shanghai plant from May 16, an internal memo seen by Reuters said, which would enable the US carmarker to bring factory output back to levels before the city's lockdown. More here

A Frontier Airlines passenger who had to be duct-taped to his seat for groping airline crew has now been sentenced to 60 days in jail. More here