Rahul Gandhi files Lok Sabha nomination from Raebareli

AstraZeneca has acknowledged the rare risk of blood clots associated with its Covid-19 vaccine, Covishield, following reports of over 50 cases in the UK. Despite this, the company maintains that such occurrences are 'extremely rare.' In other news, Congress leader Rahul Gandhi has filed his nomination for the 2024 Lok Sabha elections from Raebareli, Uttar Pradesh. Meanwhile, Ola Cabs CEO Hemant Bakshi has resigned, and the company plans to lay off 10% of its workforce ahead of its IPO.

Alphabet Inc.'s Google has laid off its entire Python team, relocating some roles overseas as part of a cost-cutting measure. Adani Ports and Special Economic Zone reported a 76.2% year-on-year increase in net profit for the quarter ending March 2024. FirstCry, a kids retailer, has refiled its draft IPO papers with additional financial details.

In other developments, Karnataka Chief Minister Siddaramaiah criticized the Central government for allegedly protecting JD(S) MP Prajwal Revanna amidst a rape case. Comedian Shyam Rangeela, known for mimicking PM Narendra Modi, will run as an independent candidate against the PM in Varanasi. US President Joe Biden attributed economic challenges in China and India to 'xenophobia,' emphasizing the positive impact of migration on the US economy.