Acquist News at a Glance 06/05/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance 06/05/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance

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Monday 6th May 2024

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Pointers Business Forum Special Edition

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Famous Personality Born Today: Gagan Narang (born 6 May 1983) is an Indian Sport Shooter, supported by the Olympic Gold Quest. He won the bronze medal in the Men's 10 m Air Rifle Event at the 2012 Summer Olympics in London with a final score of 701.1 on 30 July 2012.

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His Quote: “Shooting is very challenging because 10 metre air rifle you have different rules, short gun you have different rules.”

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Numbers of the Day

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??USD 83.46

?? GBP 104.72

?? Euro 89.84

?? Gold 72,050 ??10 gm 24 (Kt)

?? Silver 84,000 ??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 74,187.61

NIFTY 22,513.95

*all values in INR as of Today

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????National

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????Poonch attack: 200 bullets were fired. How terrorists attacked IAF convoy: The attack on the Indian Air Force (IAF) convoy by terrorists at the Sanai Top area in Jammu and Kashmir's Poonch district that led to the death of one soldier and injuring four others was the last of three vehicles moving from Jaranwalli Gali to Shahistar Top - where the IAF has a base, The Indian Express reported.

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????Many nations now seeking friendship with India: Jaishankar: External Affairs Minister S Jaishankar on Sunday said amidst conflict and uncertainty in some nations, many countries are seeking friendship with India. Speaking at a gathering focused on 'Viswa Bandhu Bharat' during the second day of his Odisha visit, Mr. Jaishankar highlighted India's potential for partnerships across the globe.

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????Field evaluation of bids for Navy’s mega submarine deal underway; German govt. to acquire stake in TKMS: The German government is expected to take up a stake in submarine manufacturer, the TKMS (Thyssenkrupp Marine Systems), and discussions are on, it has been learnt. Meanwhile, the Indian Navy’s mega submarine deal under Project-75I, estimated to cost upwards of ?43,000 crore, has moved to the evaluation stage with compliance checks of the two bids received, one of which is from the TKMS.

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????Search ops launched at Poonch attack site: Security forces continued searching the jungles near Surankote on Sunday to track down terrorists who ambushed an Indian Air Force convoy a day earlier, killing a soldier and wounding four others, officials said, adding that six people had been detained for questioning.

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????Iranian boat intercepted off Kerala's Koyilandy coast, six Indian fishermen held:? The Indian Coast Guard on Sunday intercepted an Iranian fishing boat off the coast of Koyilandy in this district. Six fishermen, hailing from Kanyakumari in neighbouring Tamil Nadu, were taken into custody from on board the vessel, coastal Police here said.

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????11 Bangladeshi nationals including three minors held in Tripura: Police: The Tripura Police on Sunday said they arrested eight Bangladeshi nationals while also detaining three minors from two separate places in the northeastern state’s Dhalai district for allegedly entering the Indian side of the border without legal documents.

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????Uttarakhand forest fire | Elderly woman dies; rains expected from May 7: A 65-year-old woman on May 5 died in AIIMS Rishikesh where she was admitted after getting burn injuries while trying to douse a forest fire that had reached her farm in a village in Pauri tehsil, officials said.

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????Rains along with hailstorm wreak havoc in parts of Manipur: Heavy rains accompanied by a hailstorm lashed several parts of Manipur on Sunday, damaging houses and vehicles, officials said. Several houses were damaged in different parts of the State, including Canchipur and Tera in Imphal West, with hails leaving holes on tin roofs. Strong winds also blew away hutments in different areas, they said.

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????Jharkhand Minister's secretary raided by ED, huge amount of cash recovered: The Enforcement Directorate (ED) is currently conducting raids at various locations in Ranchi. A huge amount of cash has been recovered from the household help of Sanjiv Lal, the Personal Secretary to Jharkhand Rural Development Minister Alamgir Alam, in connection with the Virendra Ram case.

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??International

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??Togo’s ruling party wins a majority in parliament, likely keeping a dynasty in power: Togo’s ruling party has won a majority of seats in the West African nation's parliament, the election commission said as it announced provisional results of last week's vote that was rejected by the opposition as part of a move to extend President Faure Gnassingbe’s tenure.

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??Brazil floods: Frantic rescue efforts pick up; 78 killed: Authorities in southern Brazil scrambled Sunday to rescue people from raging floods and mudslides in what has become the region's largest ever climate catastrophe, with at least 78 dead and 115,000 forced from their homes. Entire cities were underwater, with thousands of people cut off from the world by the floodwater, brought by days of torrential rains.

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??Hezbollah attacks Israel after deadly south Lebanon strike: Official media in Lebanon said an Israeli strike on May 5 on a southern village killed four family members, with Hezbollah announcing retaliatory attacks, in the latest cross-border violence since the Gaza war erupted. Israel and Lebanon's Iran-backed Hezbollah group have exchanged regular cross-border fire since Palestinian militant group Hamas's unprecedented October 7 attack on southern Israel sparked war in the Gaza Strip.

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??Panama votes in Presidential election with eight contenders: Panamanians voted on May 5 in Presidential elections featuring a crowded field of eight candidates led by the protege of a former Head of State convicted of corruption.

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??Driver dies after ramming car into White House gate: A driver died after crashing a car into the exterior gate of the White House, the US Secret Service said. "Vehicle travelling at a high speed collided with an outer perimeter gate on the White House complex," the service said in a statement on social media platform X, adding there was "no threat" to the White House itself.

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??Russia says forces seized village in eastern Ukraine: Russia said on Sunday its armed forces had seized the village of Ocheretyne in Ukraine's eastern Donetsk region, the latest in a string of small territorial gains for Moscow. After capturing the nearby industrial hub of Avdiivka in February, Russia has pressed its manpower and weapons advantage on the battlefield, advancing several kilometres deeper into Ukraine in places.

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??China's Xi in France for Macron talks on Ukraine: Chinese President Xi Jinping on Sunday arrived in France on a state visit hosted by Emmanuel Macron where the French leader will seek to push his counterpart on issues ranging from Ukraine to trade.

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??‘No pressure will stop Israel from defending itself’: PM Netanyahu: Israeli Prime Minister Benjamin Netanyahu on Sunday denounced a "volcano of anti-Semitism" and international criticism of Israel's war in Gaza, insisting that no pressure would stop it from defending itself.

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??Tech

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??India emerged as the most preferred market for tech giants: Apple CEO Tim Cook: India has become a key market for global tech giants, with a burgeoning developer base attracting significant attention. Tim Cook, CEO of Apple, expressed his contentment with India's growing developer community, underlining Apple's holistic approach covering everything from developer support to market strategies and operational efficiency.

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??Mark Zuckerberg's $300 M Superyacht slammed as 'climate hypocrite hideaway: Mark Zuckerberg's latest status update screams real-world billionaire choice: a $300 million superyacht. With an estimated net worth of US$180 billion per Forbes, one of the world's richest men and founder of Meta dropped a whopping sum on a superyacht he calls Launchpad.

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??Sports

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??Indian women's and men's 4x400m relay teams qualify for Paris Olympics: The Indian men's and women's 4x400m relay teams qualified for Paris Olympics after finishing second in their respective second-round heats at the World Athletics Relays in the Bahamas on Monday. In the women's competition, the quartet of Rupal Chaudhary, M R Poovamma, Jyothika Sri Dandi and Subha Venkatesan clocked 3 minutes and 29.35 seconds to finish second behind Jamaica (3:28.54) in heat number one to book a Paris Games ticket.

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??Lando Norris earns 1st career F1 victory by ending Verstappen's dominance at Miami: Lando Norris should take a lesson from his last big party and perhaps tone down the celebration for his first career Formula 1 victory. His reaction following the Sunday victory in the Miami Grand Prix showed the British driver probably doesn't plan to miss a beat.

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??IPL-17 | Narine dazzles against LSG as KKR vaults to the top: Sunil Narine can do no wrong this IPL season. On Sunday, at the Ekana Stadium, his Midas touch powered Kolkata Knight Riders to the top of the standings following a thumping 98-run win against Lucknow Super Giants.

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??Cesar Luis Menotti, architect of Argentina's 1978 World Cup triumph, dead at 85: Cesar Luis Menotti, who famously coached Argentina to their first World Cup triumph in 1978, an achievement described as one of the "country's greatest joys", has died at the age of 85, the country's football federation announced Sunday.

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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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