Acquist News at a Glance 04/06/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance 04/06/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance

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Tuesday 4th June 2024

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Pointers Business Forum Special Edition

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Famous Personality Born Today: S P Balasubrahmanyam (4 June 1946 – 25 September 2020), was an Indian playback singer, television presenter, actor, music composer, dubbing artist, and film producer. He is widely regarded as one of the greatest Indian singers of all time. He predominantly worked in Telugu, Tamil, Kannada, Malayalam, and Hindi films and sang in a total of 16 languages.

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His Quote: “I know what I am capable of and more importantly, I know what I cannot do.”

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Numbers of the Day

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??USD 83.39

?? GBP 106.82

?? Euro 90.97

?? Gold 72,100 ??10 gm 24 (Kt)

?? Silver 92,700 ??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 74,686.54

NIFTY 22,744.00

*all values in INR as of Today

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????National

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????ISRO develops PraVaHa?software for aerodynamic design and analysis: The Indian Space Research Organisation (ISRO) has developed Computational Fluid Dynamics (CFD) software named Parallel RANS Solver for Aerospace Vehicle Aero-thermo-dynamic Analysis (PraVaHa). This software was developed in ISRO’s Vikram Sarabhai Space Centre (VSSC). It can simulate external and internal flows on launch vehicles, winged and non winged re-entry vehicles.

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????India yet to decide on level of participation at Ukraine peace summit: India is yet to take a call on the level of its participation in the Summit on Peace in Ukraine to be hosted by Switzerland this month despite growing calls from Europe for representation by the senior leadership, people familiar with the matter said.

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????Cyclone Remal aftermath: Manipur CM says efforts underway to get rid of floodwater, clean waterlogged areas: Manipur Chief Minister N. Biren Singh said that work to restore normalcy in the State, which was battered by Cyclone Remal, is underway. Local authorities, the NDRF, the Indian Army and Assam Rifles are carrying out rescue operations in Manipur.

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????Delhi government plea for surplus water: SC says emergent meeting of UYRB be held on June 5:? The Supreme Court said Monday an emergent meeting of the Upper Yamuna River Board be held on June 5 so that the problem of water scarcity in Delhi is properly addressed.

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????Ministry directs strict adherence to protocols to prevent, detect and respond to fires in healthcare facilities: Following the recent incidents of fires reported from healthcare establishments in India, the Union Health Ministry held a meeting with States and Union Territories, and healthcare organisations, directing them to understand the potential risks associated with fire hazards in hospitals, noting that it was imperative to ensure strict protocols were observed to prevent, detect and respond to fires effectively.

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????Ex-BrahMos engineer gets life imprisonment for spying for Pakistan’s ISI: The Nagpur District Court on June 3 handed life imprisonment to former BrahMos Aerospace Pvt. Ltd. Engineer Nishant Agarwal under the Official Secrets Act for spying for Pakistan's intelligence agency ISI. Agarwal will also have to undergo rigorous imprisonment (RI) for 14 years and was also fined ?3,000.

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????Akasa Air's Delhi-Mumbai flight diverted to Ahmedabad due to 'security alert': No-frills carrier Akasa Air on June 3 said its Mumbai-bound flight from Delhi was diverted to Ahmedabad due to ‘security reasons’ after it received a bomb threat on board. The flight, carrying 186 passengers, including one infant and six crew members, landed.

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????Indian power plants keep up with the demand despite heatwave: India’s electricity grid has remained stable despite a record-shattering heatwave in May, demonstrating a high degree of technical skill and avoiding embarrassing blackouts during the election period.

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????Bomb scare delays Chennai-Kolkata IndiGo flight by two hours: A Kolkata-bound IndiGo flight from Chennai was delayed by two hours on Monday morning following a call which warned that a bomb explode in that flight, officials said. Following the receipt of the call at the IndiGo Call Centre located at Thuraipakkam, the flight was moved by authorities to an 'isolated bay' and a security check was carried out, they said.

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??International

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??Tens of thousands of children in Afghanistan are affected by ongoing flash floods: UNICEF: “Tens of thousands of children in Afghanistan remain affected by the ongoing flash floods, especially in the north and west,” the UN children’s agency said on June 3. Unusually heavy seasonal rains have been wreaking havoc in multiple parts of the country, killing hundreds of people and destroying property and crops. The UN food agency has warned that many survivors are unable to make a living.

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??Mexico elects Claudia Sheinbaum as its first woman President: Mexico’s projected Presidential winner Claudia Sheinbaum will become the first woman President in the country’s 200-year history. The climate scientist and former Mexico City mayor said that her two competitors had called her and conceded her victory.

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??China says US plays 'dishonourable role' supporting Philippines in South China Sea: China said the United States has played an "extremely dishonourable role" in supporting and cooperating with the Philippines, using issues in the South China Sea to provoke relations between China and the region.

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??Maldives will ban Israelis from entering the country over the war in Gaza: The Maldives government will ban Israelis from the Indian Ocean archipelago, known for luxury resorts, as public anger in the predominantly Muslim nation rises over the war in Gaza.

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??Nigerian unions shut down power grid, disrupt airlines with strike over minimum wage: Nigeria's main labour unions on Monday shut down the national grid and disrupted airline operations across the country as they began an indefinite strike over the government's failure to agree a new minimum wage.

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??World headed for 2.7° C warming, finance deal key: UN Climate Head: The world is headed for 2.7 degree C warming and the road to keep it to 1.5 degree C is extremely steep, UN Climate head Simon Stiell warned in his opening remark at the Bonn Climate Change Conference in Germany on Monday.

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??UN experts urge all countries to recognise Palestinian statehood: A group of United Nations experts called on Monday for all countries to recognise a Palestinian state to ensure peace in the Middle East.

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??Pilot killed during air show collision in Portugal: Crash captured on camera: One Pilot was killed and another Pilot injured when two small planes collided midair during an air show in Portugal, news agency AFP reported, citing the Portuguese Air Force (PAF).

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??Tech

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??Exclusive: Arm aims to capture 50% of PC market in five years, CEO says: Arm Holdings aims to gain more than 50% of the Windows PC market in five years, the chip designer's CEO said, as Microsoft and its hardware partners prepare to launch a new batch of computers based on the British firm's technology.

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??ASML, Belgium's Imec open laboratory to test newest chip-making tool: ASML (ASML.AS), opens new tab, the biggest maker of equipment used to manufacture semiconductors, said on Monday it has opened a test laboratory for its High NA EUV lithography equipment, together with Belgium chip research firm Imec.

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??Sports

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??Trumpelmann, Wiese shine as Namibia win in Super Over: Namibia's Ruben Trumpelmann became the first player to take wickets in the first two deliveries of a T20 international as his team beat Oman via the Super Over in a thrilling T20 World Cup match.

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??Norway Chess: Praggnanandhaa loses to Alireza, Carlsen jumps to sole lead: The brother-sister Indian duo of R Praggnanandhaaa and R Vaishali suffered defeats in their respective section while Magnus Carlsen justified his top billing with a win over an off-colour Ding Liren to surge to sole lead on 12 points in the Norway Chess tournament in Stavanger.

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??India batter Kedar Jadhav announces retirement: India and Maharashtra batter Kedar Jadhav on June 3 announced his retirement from international cricket, four years since his last appearance for the national team. The 39-year-old, who made his international debut for India in November 2014 during an ODI against Sri Lanka at Ranchi, went on to play 73 one-dayers as well as nine T20Is.

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??Satwiksairaj Rankireddy-Chirag Shetty aim for title defence at Indonesia Open: Keeping the Olympics in mind, star Indian shuttlers Satwiksairaj Rankireddy and Chirag Shetty will seek consistency as they gear up to defend their doubles title at the Indonesia Open Super 1000 tournament, beginning in Jakarta on June 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

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