Acquist News at a Glance 01/06/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance 01/06/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance

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Saturday 1st June 2024

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Pointers Business Forum Special Edition

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Famous Personality Born Today: Justine Henin (born 1 June 1982) is a Belgian former world No. 1 tennis player. She spent a total of 117 weeks as the world No. 1 and was the year-end No. 1 in 2003, 2006 and 2007. Henin, coming from a country with limited success in tennis, helped establish Belgium as a leading force in women's tennis alongside Kim Clijsters, and led the country to its first Fed Cup crown in 2001. She was known for her all-court style of play and for being one of the few female players to use a single-handed backhand.

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Her Quote: “I'm not afraid of anyone, but sometimes I'm afraid of myself. The mental part is very important.”

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Numbers of the Day

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??USD 83.44

?? GBP 106.27

?? Euro 90.59

?? Gold 72,550 ??10 gm 24 (Kt)

?? Silver 93,500 ??Kg

? Petrol 104.21/Ltr

? Diesel 92.15/Ltr

*all values in INR as of Today

*as per Mumbai

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BSE Sensex 73,961.31

NIFTY 22,530.70

*all values in INR as of Friday

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????National

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????Adani Ports signs 30-year concession pact to operate terminal at Dar es Salaam Port in Tanzania: Adani Ports and Special Economic Zone (APSEZ) on Friday said its wholly owned subsidiary Adani International Ports Holdings Pte Ltd (AIPH) has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port in Tanzania.

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????DGCA issues show cause notice to Air India for inordinate flight delays: Aviation watchdog DGCA on Friday issued a show cause notice to Air India for inordinate delay of at least two international flights and failure to take due care of passengers.

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????Delhi government moves SC seeking more water from neighbouring states:? The Delhi government on Friday moved the Supreme Court to get additional raw supply from neighbouring Haryana, Uttar Pradesh, and Himachal Pradesh amid a severe water crisis in the national capital.

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????Delhi courts allow lawyers to discard black robes amid searing heat: Soaring temperatures in Delhi have proven to be too much for some courts and are putting to the test a law in place since 1961 that requires lawyers to wear heavy black robes and coats.

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????Air India's Delhi-San Francisco faces inordinate delay; rescheduled for Friday: Passengers of a San Francisco-bound Air India flight had a tough time at the Delhi airport on May 30 evening as the departure was delayed for more than six hours due to a technical issue with the aircraft.

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????Government entities, banks to call, message from new 160 series: DoT: The Department of Telecommunications (DoT) has introduced a numbering series beginning with 160 to distinguish between service calls (such as those to give one-time passwords through calls) and marketing calls. Marketing or promotional calls will continue from the 140 series allocated to telemarketers, the DoT said in a press release.

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????Manipur: Flood waters receding, many areas in Imphal still flooded: The flood level in Imphal decreased on Friday, the sixth consecutive day of rainfall due to the impact of cyclone Remal, but many areas of Manipur’s capital still remain inundated, Officials said.

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????There's a need to declare heatwave as 'national calamities': Rajasthan HC: The Rajasthan High Court took suo motu cognisance of deaths that occurred due to scorching heat and prevailing heatwave in the state and said there was a need to declare heatwaves and cold waves "national calamities."

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??International

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??Premier US Submarine hunter-tracker to be deployed in FPDA military drills in SCS and Indian Ocean: New Zealand Defence Minister Judith Collins on May 31 said a P-8 Poseidon would be deployed to Singapore for the first time as part of the military drills undertaken by the Five Power Defence Arrangements (FPDA), which the city-state is part of. The FPDA is a series of bilateral defence relationships established by several multi-lateral agreements between Australia, Malaysia, New Zealand, Singapore, and the UK.

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??US-China to resume military-to-military dialogue in ‘coming months’: Austin: The US and Chinese defence chiefs held rare direct talks in Singapore on May 31, offering hopes for more military dialogue that could help prevent disputes over Taiwan and other flashpoint issues from spinning out of control.

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??Focus on Indian shooters’ performance in World Cup ahead of Paris Olympics: Away from the oppressive Indian summer, the country's shooters would be hoping to further fortify their preparations ahead of the Paris Olympics when the ISSF World Cup (Pistol/Rifle) commences in Munich on June 1.

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??Papua New Guinea's Prime Minister visits the site of a landslide estimated to have killed hundreds: Papua New Guinea's prime minister on May 31 visited the site of a major landslide, which is estimated to have buried hundreds of villagers in the South Pacific island nation's mountainous interior a week ago and left the ground too unstable for heavy earthmoving machines to help clear up the mess.

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??Radhika Sen a role model, her service is true credit to UN as whole: Guterres: Major Radhika Sen of India is a true leader and role model and her service is a true credit to the United Nations as a whole, UN Secretary-General Antonio Guterres has said, as he conferred a prestigious award on the Indian woman peacekeeper.

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??Iran opens registration for June Presidential Election after Ebrahim Raisi’s death: Iran opened a five-day registration period for hopefuls wanting to run in the June 28 presidential election to replace the late Ebrahim Raisi, who was killed in a helicopter crash earlier this month with seven others.

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??Syrian President Bashar Assad visits Iran to express condolences over death of Raisi: Syrian President Bashar Assad met with Iran's supreme leader in the capital Tehran on May 30 and expressed his condolences over the death of President Ebrahim Raisi in a helicopter crash, state media reported.

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??Gold worth tens of billions smuggled to the UAE each year: Gold smuggling out of Africa, mainly to the United Arab Emirates, has surged over the last decade, with hundreds of tonnes of gold worth tens of billions of dollars illegally leaving the continent every year, according to a report published.

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??Tech

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??Google, augmented reality startup Magic Leap strike partnership deal: Alphabet's Google and augmented reality startup Magic Leap are forming a strategic technology partnership and working on building immersive experiences that blend the physical and digital worlds. Magic Leap said in a blog post that the two companies have agreed to a partnership. A Google spokesperson confirmed the agreement.

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??OpenAI responds to warnings of self-governance by former board members, the Economist reports: OpenAI's board pushed back on allegations from its former members that concerns over artificial intelligence safety at the startup necessitated Sam Altman's shocking ouster last year.

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??OpenAI has stopped five attempts to misuse its AI for 'deceptive activity': Sam Altman-led OpenAI said it had disrupted five covert influence operations that sought to use its artificial intelligence models for "deceptive activity" across the internet.

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??TikTok preparing a US copy of the app’s core algorithm, sources say: TikTok is working on a clone of its recommendation algorithm for its 170 million US users that may result in a version that operates independently of its Chinese parent and be more palatable to American lawmakers who want to ban it, according to sources with direct knowledge of the efforts.

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??Sports

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??Treesa-Gayatri enter semifinals of Singapore Open after another upset win: Rising Indian women's doubles pair of Treesa Jolly and Gayatri Gopichand registered yet another upset win as they beat the sixth-seeded South Korean duo of Kim So Yeong and Kong Hee Yong in a tight contest to enter the semifinals of Singapore Open in Singapore on May 31. The unseeded Indian duo came back from behind to notch 18-21 21-19 24-22 win in the quarterfinal that lasted one hour and 19 minutes.

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??Nishant Dev becomes first male pugilist to book Paris Olympics ticket: Nishant Dev (71kg) became the first Indian male pugilist to secure a Paris Games quota when he reached the semifinals of the Boxing Olympic qualifiers in Bangkok on May 31. The world championships bronze medalist, who had narrowly missed on an Olympic berth in the previous qualifiers, earned the quota after defeating Vasile Cebotari of Moldova 5-0 in the quarterfinal which was a battle of the southpaws.

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??WI vs Aus T20 World Cup warm-up: Pooran, Powell make fifties as WEst Indies hammer nine-man Australia: Fifties by Nicholas Pooran and Rovman Powell helped West Indies outpunch a nine-man Australia by 35 runs in their warm-up match ahead of the T20 World Cup in Port of Spain. As it happened in their first training match against Namibia, the Aussies fielded only nine players against the Windies. Selector George Bailey and head coach Andrew McDonald filled the remaining two spots while fielding.

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??Norway Chess: Vaishali outwits Cramling, Praggnanandhaa loses to Nakamura: Indian Grandmaster R Vaishali continued her dream run to defeat veteran GM Pia Cramling of Sweden, while her brother R Praggnanandhaa went down fighting against Hikaru Nakamura of USA in the fourth round of the Norway chess tournament in Stavanger. Vaishali stretched her lead to 2.5 points following her second win under classical time control.

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From the House of Acquist:

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Sources:

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The Indian Express

The Hindu

The Telegraph

Economic Times

Times of India

CAN

NDTV

Financial Express

Hindustan Times

Good Returns

Reuters

The New York Times

Bloomberg Quint?

NBSPL

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