Acquist News at a Glance 03/07/24 (Pointers Business Forum Special Edition)
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Acquist News at a Glance
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Wednesday 3rd July 2024
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Pointers Business Forum Special Edition
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Famous Personality Born Today: Harrison Schmitt (born July 3, 1935) is an American geologist, retired NASA astronaut, university professor, former US senator from New Mexico, and the most recent living person—and only person without a background in military aviation—to have walked on the Moon.
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His Quote: “Time is, in fact, a cross to bear, it passes on inexorably and remorselessly, destroying everything in its wake, save art and works of the intellect.”
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Numbers of the Day
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??USD 83.50
?? GBP 105.95
?? Euro 89.73
?? Gold 72,390 ??10 gm 24 (Kt)
?? Silver 91,100 ??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 80,021.43
NIFTY 24,294.50
*all values in INR as of Today
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????National
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????Rafale’s Make-in-India plans get shot in the arm: French Aviation Major Dassault Aviation SA is in the process of acquiring land near Jewar international airport for a maintenance, repair and overhaul (MRO) facility for India’s Mirage 2000 and Rafale fighters, setting the stage for the local manufacturing of latest versions of Rafale fighters in the country to meet the Indian Air Force’s long-pending requirement of around 100 twin-engine multi-role fighters that will be needed over the next two decades, according to two people familiar with the matter.
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????Jaishankar to lead Indian delegation to SCO Summit: External Affairs Minister S Jaishankar will lead the Indian delegation to the Shanghai Cooperation Organisation (SCO) Summit which is expected to frame a path for multilateral cooperation and discuss regional issues such as the situation in Afghanistan.
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????Delhi court allows Engineer Rashid to take oath as MP, grants parole for 2 hours: A Delhi court on Tuesday allowed jailed Kashmiri leader Sheikh Abdul Rashid, also known as Engineer Rashid, to take the oath of office as a member of Parliament (MP) by granting him custody parole on July 5.
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????107 dead in stampede at religious preacher’s congregation in UP’s Hathras: At least 107 people, most of them women, were killed in a stampede at a religious congregation in Uttar Pradesh’s Hathras district on Tuesday evening, senior state Police Officers said.
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????Fresh trouble for Vijay Mallya, CBI issues NBW in??180-crore loan default case: Fugitive businessman Vijay Mallya is now facing a fresh legal action by the Central Bureau of Investigation as a special CBI court issued a non-bailable warrant against him in the ?180-crore loan default case linked to Indian Overseas Bank (IOB). The NBW was issued against Mallya on June 29 by special CBI court judge SP Naik Nimbalkar, and a detailed order was made available.
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????Court aren’t merely structures of concrete but of ideals of hope, justice: CJI: Chief Justice of India (CJI) Dhananjaya Y Chandrachud on Tuesday emphasised that court premises are not merely structures of bricks and concrete but are constructed from the profound ideals of hope and justice.
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????Northwest India recorded its hottest June since 1901: IMD: It was the warmest June for northwest India since record keeping began in 1901, the India Meteorological Department (IMD) said, bearing out the deadly heat spell recorded over Delhi, Uttar Pradesh and other parts of the region which killed at least 100 people.
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????Rain updates: Red alert for all northeastern states, flood wreaks havoc in Assam: The India Meteorological Department (IMD) has issued a red alert for all northeastern states, predicting extremely heavy rain as severe flooding continues to cripple Assam and Arunachal Pradesh due to a rise in the water levels of the Brahmaputra river.
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??International
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??Deepening ties with India in several areas, says US: The US is deepening its ties with India in several key areas, including economic and security cooperation, a senior official has said, emphasising that Washington will continue to cultivate this relationship.
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??Nepali Congress, CPN-UML strike deal to oust PM 'Prachanda'; to form new alliance: In a dramatic political development, Nepal's two largest parties — Nepali Congress and CPN-UML — have inked a midnight power-sharing deal to form a new 'national consensus government' to replace the coalition government led by Prime Minister Pushpa Kamal Dahal “Prachanda.”
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??Lack of reliable energy burdens businesses and public services in Nigeria: About half of Nigeria’s more than 200 million people are hooked up to a national electricity grid that can’t provide sufficient daily electricity to most of those connected
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??In a first, North Koreans seen wearing Kim Jong-un pins: For the first time, North Korean officials have been seen wearing lapel pins with the image of leader Kim Jong-un, another sign the North is boosting his personality cult to the level bestowed on his late father and grandfather.
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??Bolivia’s economic crisis fuels distrust in government amid debates over ‘failed’ coup: The economic downturn, rooted in a complex combination of dependence on the US dollar, draining international reserves, and mounting debts, is being exacerbated by an ongoing feud between President Arce and his ally-turned-rival former President Morales in the lead-up to next year’s polls
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领英推荐
??Joe Biden slams US Supreme Court ruling on presidential immunity that benefits Donald Trump: US President Joe Biden criticised the Supreme Court ruling on presidential immunity that was seen as a win for his rival, former President Donald Trump, in forceful remarks from the White House.
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??French elections, China trade row cast cloud over European earnings: French political uncertainty and an EU trade spat with China are casting a shadow over European corporate earnings, investors say, despite forecasts that companies are set to deliver better results.
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??Hurricane Beryl ‘extremely dangerous’ as it gains strength in Caribbean: Hurricane Beryl unleashed powerful winds over the Eastern Caribbean, downing power lines and ripping roofs from buildings, as scientists argue that climate change likely added to how quickly the unusually fierce, early storm formed.
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??Tech
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??In Kerala, India mobile app to allow users to reserve, pay for parking spaces: The Kerala government is preparing to launch a mobile parking application to tackle the issue of parking space availability in major cities across the state, Matrubhoomi reported.
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??Google to require disclosures for digitally altered content in election ads: Google said it would make it mandatory for advertisers to disclose election ads that use digitally altered content to depict real or realistic-looking people or events, its latest step to battle election misinformation.
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??Echoes of dotcom bubble haunt AI-driven US stock market: A US stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology.
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??California considers unique safety regulations for AI companies, but faces tech firm opposition: California lawmakers are considering legislation that would require artificial intelligence companies to test their systems and add safety measures so they can't be potentially manipulated to wipe out the state's electric grid or help build chemical weapons — scenarios that experts say could be possible in the future as technology evolves at warp speed.
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??Sports
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??Lot of time for me to sleep, for now I want live every second of this win, says Rohit Sharma: Rohit Sharma held the T20 World Cup trophy like a new-born baby as he walked towards the beach for the triumphant captain's post-tournament photo shoot, a serene smile refusing to leave his face and the feeling of being a world champion yet to fully sink in. He couldn't be faulted for being a bit dazed. After all, a jinx that lasted over a decade had been broken.
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??Copa America 2024: United States crash out as Uruguay, Panama advance: The United States crashed out of the Copa America on July 1 after a 1-0 defeat to Uruguay, as Panama sealed their place in the quarter-finals with a 3-1 win over Bolivia.
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??Teary-eyed Cristiano Ronaldo, Diogo Costa take Portugal into Euros last eight: Goalkeeper Diogo Costa saved all three penalties as Portugal won 3-0 in a shootout against a brave Slovenia side who had held them to a 0-0 draw after Cristiano Ronaldo’s extra-time miss from the spot in a dramatic Euro 2024 last-16 clash.
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??Carlos Alcaraz, Janik Sinner win Wimbledon openers: Defending champion Carlos Alcaraz and world number one Jannik Sinner reached the Wimbledon second round as Australian Open winner Aryna Sabalenka withdrew with an injury.
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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