Acquist News at a Glance 07/08/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance 07/08/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance

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Wednesday 7th August 2024

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Pointers Business Forum Special Edition

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Famous Personality Born Today: Abanindranath Tagore (7 August 1871 – 5 December 1951) was the principal artist and creator of the "Indian Society of Oriental Art". He founded the influential Bengal school of art, which led to the development of modern Indian painting. He was also a noted writer, particularly for children. Popularly known as 'Aban Thakur'.

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Numbers of the Day

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??USD 83.91

?? GBP 106.72

?? Euro 91.60

?? Gold 69,700 ??10 gm 24 (Kt)

?? Silver 82,400 ??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 79,232.03

NIFTY 24,229.95

*all values in INR as of Today

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????National

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????Wayanad landslides: IAF helicopters airlift rescue teams to search for victims at remote Soochipara waterfalls: Indian Air Force (IAF) helicopters airlifted two search and rescue teams to the remote Soochipara waterfalls and the densely forested Sunrise Valley beyond on August 6 to scout for bodies of Wayanad landslide victims washed downstream by the massive earthfall on July 30.

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????Uncertainty shrouds Bangladesh’s participation in India’s air combat drills: A question mark hangs over the Bangladesh Air Force’s participation in Tarang Shakti 24, the biggest multilateral air combat exercise to be hosted by India in August-September, officials aware of the matter said, hours after Sheikh Hasina resigned as Prime Minister and fled the country following weeks of violent anti-government protests.

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????‘Exercise due caution’: India alerts travellers to UK amid riots: The high commission of India in London on Tuesday advised Indian travellers to exercise caution and stay vigilant while travelling in the United Kingdom. This follows the UK's worst outbreak of rioting in more than a decade where violent protesters have reportedly attacked migrants, especially Muslims.

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????India reaches out to Dhaka, wants military to restore peace and normalcy: India has reached out to the military leadership of Bangladesh led by Army Chief General Waker-us-Zaman and asked for early restoration of peace, law and order and normalcy in the strife hit country.

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????President Droupadi Murmu receives Fiji's highest civilian award: President Droupadi Murmu was conferred the Companion of the Order of Fiji, the country's highest civilian award on August 6, as she hailed the ties between the two countries and said India stands ready to partner with Fiji to build a stronger, resilient, and more prosperous nation.

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????Sheikh Hasina moved out of Hindon airbase, uncertainty over London travel plans: Former Bangladesh premier Sheikh Hasina, who fled to India after resigning a day ago, has been moved from the Hindon airbase to an unspecified safe location amid uncertainty over her plans to travel to the UK, people familiar with developments said on Tuesday.

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????Proposed changes to Waqf Act spark political slugfest: A set of contentious potential amendments to the Waqf Act kicked up a political controversy with the government claiming the proposed changes would modernise the rules and expand the representation of women, and the Opposition alleging they were aimed at depriving Muslims of their land and assets.

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????Illegal mining, constructions led to Wayanad tragedy: Environment Minister: Illegal mining, uncontrolled construction and unregulated commercial activity aggravated the disaster in Wayanad, Union Environment Minister Bhupender Yadav said, as he blamed the state government for ignoring key aspects of the region before granting approvals for such projects.

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????Heavy rainfall and landslides affect Kodagu’s monsoon tourism industry: The tourism industry in Kodagu, a popular hill station near Bengaluru, has been impacted this year due to heavy rains and landslides, people familiar with the matter said.

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??International

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??Indo-Pacific Biden’s imp, least talked about success: Blinken, Austin, Sullivan: The US administration’s approach to the Indo-Pacific, in terms of creating an integrated network of relationships, deepening partnerships, and connecting allies in the European and Indo-Pacific theatres, is one of the “most important and least told stories” of the Joe Biden Presidency, America’s three senior-most National Security Officials have argued.

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??Australia highlights growing US military presence ahead of AUSMIN talks: China, climate change, strategic competition in the Pacific, and the AUKUS nuclear submarine project, will be the focus of talks between Australia-US defence and Foreign Ministers this week, the US top Diplomat to Australia said on Tuesday.

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??Khaleda Zia's supporters storm consulate in US, remove Mujibur Rahman's portrait: A group of Bangladesh Nationalist Party (BNP) supporters on Tuesday stormed the Bangladesh consulate in New York to remove the portrait of Sheikh Hasina's father and former President Sheikh Mujibur Rahman.

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??Canada calls for peaceful return to democratic, inclusive govt in Bangladesh: The Canadian government has called for a “quick and peaceful return to a democratic and inclusive civilian-led government in Bangladesh” in a statement following the departure of Sheikh Hasina, the Prime Minister, fleeing Dhaka and an interim dispensation assuming charge.

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??Bangladesh crisis: President releases Khaleda Zia: Bangladesh President Mohammed Shahabuddin announced the dissolution of the Parliament, which was formed after elections in January this year. President Shahabuddin also ordered the release of prisoners from the protests, as well as former prime minister and key opposition leader Khaleda Zia.

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??Iran’s promised retaliation could see regional proxies playing a greater role: As Iran threatens to respond to the suspected Israeli assassination of Hamas leader Ismail Haniyeh in Tehran, the regional militias that the Islamic Republic has armed for decades could play a role in any attack.

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??US Presidential election: New poll shows Kamala Harris strengthening against Donald Trump: A new poll confirmed, that Kamala Harris -- set to name her vice presidential pick imminently -- has drawn level with Donald Trump, transforming a White House race that the Republican had been increasingly confident he was going to win.

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??Storm Debby deposits cocaine worth a million dollars in southern Florida: Storm Debby which developed from a tropical disturbance to a storm in the Gulf of Mexico made landfall as a Category 1 hurricane. The Hurricane caused vast destruction of businesses, homes and infrastructure and bruised the Big Bend with its repeated blows. According to officials, the storm deposited $1 million worth of cocaine on the coast of Florida Keys.

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??Tech

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??Bloomberg sacks reporter for violating 'editorial standards' in prisoner swap: Bloomberg News has taken “disciplinary action” against several editorial staff after “prematurely” publishing news of a historic prisoner swap between Russia and the United States, which potentially endangered the safety of the Americans being released.

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??Google and Apple stocks downplay antitrust verdict: Antitrust regulators don’t seem to faze big tech investors. Google’s parent company, Alphabet, experienced only a minor stock drop after Judge Amit Mehta ruled it had violated antitrust laws to maintain its search monopoly, per The Information.

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??Elon Musk's PAC probed for possible Michigan law violation: A political action committee backed by Tesla CEO Elon Musk is under investigation in Michigan for possible violations of state laws, a spokesperson for the Michigan secretary of state's office said in a statement.

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??Zoom launches AI-powered Docs feature to help workplace collaboration: Zoom has launched a new feature so users can now generate a document with AI and create shareable files based on their meetings, while also being able to use Generative AI to write and edit them. As a part of Zoom Docs, users can also prompt the AI Companion to organise meeting transcripts, create tables, make checklists, as well as track processes and tasks assigned in the meeting.

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??Sports

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??4th place finishes cost India five medals: In Paris, badminton hope Lakshya Sen was leading by a game and eight points to three in the second before he dramatically imploded to lose the men’s singles bronze medal match 21-13, 16-21, 11-21 to Malaysia’s Lee Zii Jia. Minutes ago, at the shooting ranges of Chateauroux, the mixed skeet team of Anantjeet Singh Naruka and Maheshwari Chauhan fell short by a solitary hit in a 44-43 defeat to China’s Lyu Jianlin and Jiang Yiting in the bronze medal playoff.

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??SA20: Dinesh Karthik joins Paarl Royals; becomes first Indian player in the South African league: Former wicketkeeper batter Dinesh Karthik was on Tuesday, August 6, 2024, signed by Paarl Royals for the third season of the SA20, making him the first Indian cricketer to participate in the South African league, starting on January 9. Karthik, 39, retired from all forms of cricket in June this year and since then he has been roped in as a mentor-cum-batting coach by IPL side Royal Challengers Bengaluru.

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??Neeraj Chopra qualifies for final with a throw of 89.34m in javelin: Defending Olympic champion Neeraj Chopra qualified for the javelin throw final at the Paris Olympics with a 89.34m throw at the Stade de France. This is Neeraj's best-ever throw at a global championship and his second-best ever - 89.94 in Stockholm (Diamond League).

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??Paris Olympics 2024: Vinesh Phogat defeats Yui Susaki, enters quarterfinal : India's star wrestler Vinesh Phogat defeats four-time World champion and Japan's gold medallist Yui Susaki. With this victory, Phogat has qualified for the quarter-finals of the 50 kg event at the Paris Olympics 2024.

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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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