Acquist News at a Glance 04/05/24 (Pointers Business Forum Special Edition)
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Acquist News at a Glance
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Saturday 4th May 2024
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Pointers Business Forum Special Edition
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Famous Personality Born Today: Bartolomeo Cristofori di Francesco (May 4, 1655 – January 27, 1731) was an Italian maker of musical instruments famous for inventing the piano.
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Numbers of the Day
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??USD 83.38
?? GBP 105.06
?? Euro 89.82
?? Gold 71,720 ??10 gm 24 (Kt)
?? Silver 83,400 ??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 73,878.15
NIFTY 22,475.85
*all values in INR as of Friday
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????National
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????Indian Army to assess implications of Chinese construction in Shaksgam valley: The Indian Army will be studying the military implications of China building a road in Shaksgam Valley as Beijing’s physical occupation could potentially threaten Indian defences in Siachen Glacier. The 5180 square kilometer of Indian territory in Shaksgam Valley was illegally ceded by Pakistan to China in 1963.
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????India, Nigeria to increase cooperation in energy, UPI, local currency settlement to enhance economic ties: India and Nigeria have identified areas such as crude oil, natural gas, pharmaceuticals, Unified Payments Interface (UPI), local currency settlement system, and power sector to increase cooperation for boosting economic ties. The commerce ministry on May 3 said that these issues among others were discussed during a recent visit of a seven-member delegation from India to Nigeria.
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????India, Indonesia resolve to expand defence ties: India and Indonesia on Friday vowed to expand overall bilateral defence ties, especially in areas maritime security and industrial engagement for production of military equipment. Various aspects of defence and strategic relations between the two countries figured at the seventh India-Indonesia Joint Defence Cooperation Committee (JDCC) meeting that took place in Delhi.
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????CBSE class 10, 12 board examination results expected after May 20: The Central Board of Secondary Education (CBSE) on May 3 announced that the results of the 2023-24 Class 10 and 12 board exams, will likely be declared after May 20. A statement to this effect can be found on their website.
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????INCOIS seeks halt in beach activities on May 4 and 5, issues alert to coastal States on rough seas: INCOIS – Indian National Centre for Ocean Information Services, has cautioned the States of Goa, Maharastra West Bengal, Odisha, Tamil Nadu, Kerala, Lakshwadeep and Andaman & Nicobar Islands of “total suspension of operational/recreational activities at beach/nearshore regions on the coastal States both on the east and west on May 4 and 5.
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????Train searched for 40 mins in Bhopal after passenger spots 'suspicious object': A Jammu-bound train was searched for 40 minutes at Rani Kamalapti station in Madhya Pradesh's Bhopal on Friday morning after one of the passengers claimed that there was a suspicious object onboard, an official of the Railway Protection Force (RPF) said.
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????ED opposes interim bail to Jet Airways Founder Naresh Goyal; HC to pass order on May 6: Mumbai, The Enforcement Directorate on Friday opposed the interim medical bail sought by Jet Airways Founder Naresh Goyal in a money laundering case and said his stay at a private hospital could be extended for a month.
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????Delhi Excise policy 'scam' | HC asks CBI, ED to respond to Sisodia’s pleas for bail: The Delhi High Court on May 3 sought response of the CBI and ED on former Deputy Chief Minister Manish Sisodia’s pleas seeking bail in the corruption and money laundering cases lodged in relation to the alleged excise policy scam.
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????Amid scorching heatwave, a look at top warmest cities in India: A scorching heatwave has gripped several parts of India for the last two weeks. The India Meteorological Department (IMD) has issued a ‘red’ alert for the heatwave in Andhra Pradesh, Tamil Nadu, Gangetic West Bengal, and an ‘orange’ alert in Odisha, Bihar, Jharkhand, and Telangana.
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??International
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??Defence Chiefs from US, Australia, Japan and Philippines vow to deepen cooperation: Defence Chiefs from the US, Australia, Japan and the Philippines vowed to deepen their cooperation as they gathered in Hawaii for their second-ever joint meeting amid concerns about China's operations in the South China Sea.
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??Turkey halts trade with Israel over Gaza humanitarian crisis: Turkey has halted all exports and imports to and from Israel, citing the escalating humanitarian situation in Gaza, announced the Turkish Ministry of Trade, Al Jazeera reported. "Export and import transactions related to Israel have been stopped, covering all products," the Ministry said in a statement on May 3.
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??UK's governing Conservatives suffer big losses in local elections as Labour appears headed for power: Britain's governing Conservative Party is suffering heavy losses as local election results pour in Friday, piling pressure on Prime Minister Rishi Sunak ahead of a UK general election in which the main opposition Labour Party appears increasingly likely to return to power after 14 years.
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??Colombia breaks diplomatic ties with Israel but its military relies on key Israeli-built equipment: Colombia has become the latest Latin American country to announce it will break diplomatic relations with Israel over its military campaign in Gaza, but the repercussions for the South American nation could be broader than for other countries due to longstanding bilateral agreements over security matters.
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领英推荐
??Paris police remove pro-Palestinian students occupying Sciences Po university: Police in Paris entered France's prestigious Sciences Po university on May 3 and removed student activists who had occupied its buildings in protest against Israel's conduct in its war against Hamas in Gaza.
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??Russia denies US accusation of using chemical agent chloropicrin in Ukraine: Russia denied a US accusation that its forces in Ukraine had violated an international ban on chemical weapons by using substances including a prohibited choking agent. Kremlin spokesman Dmitry Peskov told reporters that Moscow remained bound by its obligations under the treaty that bans chemical weapons.
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??Hamas sends delegation to Egypt for further ceasefire talks with Israel: Hamas said that it was sending a delegation to Egypt for further ceasefire talks, in a new sign of progress in attempts by international mediators to hammer out an agreement between Israel and the militant group to end the war in Gaza.
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??Dubai weather: Heavy rains lash UAE; flights canceled, offices go work from home: Days after the United Arab Emirates (UAE) witnessed flooding due to incessant rains in April, heavy rainfall returned to Dubai, with the MeT department issuing an ‘orange’ alert on Friday.
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??Tech
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??Wall Street Journal moves Asia headquarters from Hong Kong to Singapore; layoffs imminent: The Wall Street Journal(WSJ) will shift its Asia headquarters from Hong Kong to Singapore, it said in a letter sent to staff and seen by AFP. The US newspaper said its decision comes after other foreign firms have reconsidered their operations in Chinese financial hub Hong Kong.
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??Google defends app store, fighting Epic Games' bid for major reforms: Google has asked a US Judge not to impose sweeping changes to the Alphabet (GOOGL.O), opens new tab unit's app store Play that were proposed by "Fortnite" maker Epic Games in the companies' closely-watched antitrust fight. Google made its filing, opens new tab in San Francisco federal court, where Epic last year persuaded a jury that the tech giant unlawfully stifled competition with its controls over apps downloads on Android devices and payments to developers for in-app transactions.
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??Sports
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??Premier League | Chelsea’s 2-0 win over Tottenham slams Spurs’ Champions League qualification hopes: Tottenham's hopes of qualifying for the Champions League are getting thinner by the day. By falling 2-0 at Chelsea on May 3, Tottenham slumped to a second loss to a London rival in the space of four days in the Premier League — after a 3-2 home defeat to Arsenal in the north London derby on April 28.
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??India to host South Africa women for a Test, three ODIs, T20Is in June-July: India will play host to South Africa women's team for one Test, three ODIs and three T20Is across June and July. The one-dayers and T20Is will be played in Bengaluru, a Karnataka State Cricket Association (KSCA) official informed, while the Test match will be played at Chennai.
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??ICC Twenty20 World Cup | Javagal Srinath, Nitin Menon, Madanagopal named among Match Officials: Umpires Nitin Menon and Jayaraman Madanagopal, along with ICC match Referee Javagal Srinath will be the Indian representatives at the upcoming T20 World Cup in the Americas next month.
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??After strong 2023, Indian athletes hope to make impact in World Relays: A 15-member strong Indian athletics contingent will look to make an impact in scenic Nassau and hope to qualify for the Paris Olympics in three events when the two-day World Athletics Relays Bahamas 24 commences in Nassau on May 4.
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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