Acquist News at a Glance 09/08/24 (Pointers Business Forum Special Edition)
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Acquist News at a Glance
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Friday 9th August 2024
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Pointers Business Forum Special Edition
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Famous Personality Born Today: Pamela Lyndon Travers (9 August 1899 – 23 April 1996) was an Australian-British writer who spent most of her career in England. She is best known for the Mary Poppins series of books, which feature the eponymous magical nanny.
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Her Quote: “A writer is, after all, only half his book. The other half is the reader and from the reader the writer learns.â€
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Numbers of the Day
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??USD 83.92
?? GBP 107.04
?? Euro 91.65
?? Gold 70,090 ??10 gm 24 (Kt)
?? Silver 83,000 ??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 79,696.74
NIFTY 24,360.00
*all values in INR as of Today
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????National
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????President Murmu discusses ways to boost bilateral cooperation with New Zealand's Governor General, Deputy PM: President Droupadi Murmu on Thursday (August 8, 2024) met New Zealand's Governor General Dame Cindy Kiro and Deputy Prime Minister Winston Peters to discuss friendly bilateral ties and ways to enhance cooperation across various sectors. Ms. Murmu arrived in New Zealand on the second leg of her three-nation tour. She was accorded Royal Guard of Honour on her arrival in the country.
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????Indian visa centres in Bangladesh shut due to ‘unstable situation’: The Indian Authorities in Bangladesh have closed all their visa application centres in the strife-torn country until further notice.
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????RBI Monetary Policy Meeting: RBI keeps repo rate unchanged at 6.5%: The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday (August 8) announced the bi-monthly monetary policy statement, keeping the repo rate, which is the central bank’s rate for short-term loans to banks, unchanged at 6.5%. The Governor also said inflation and growth are evolving in a balanced manner, though we need to remain vigilant on the food prices front.
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????Tax burden being cut, says FM Sitharaman as indexation brought back: Union Finance Minister Nirmala Sitharaman formally amended a controversial budget proposal to remove indexation for computing long-term capital gains (LTCG) tax by giving an option to individual taxpayers to choose between the old regime of 20% levy with indexation and the new system of 12.5% tax without indexation.
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????India-Bangladesh trade resumes from West Bengal’s Petra pole land port amid tight security: “Trade between India and Bangladesh through Petra pole land port in West Bengal, resumed on Thursday morning (August 8, 2024) amid tight security,†Officials said.
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????Former West Bengal Chief Minister Buddhadeb Bhattacharjee passes away at 80: Communist Party of India (Marxist) or CPI(M) leader and former West Bengal chief minister Buddhadeb Bhattacharjee passed away in Kolkata on Thursday. He was 80.
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????Proposed Waqf act amendments aim to regulate properties, ensure inclusivity: The central government is considering making amendments to the Waqf Act which could restrict the power of the Waqf Board said sources. According to the sources, 32-40 amendments are being considered in the Waqf Board Act.
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????'5,000 cases, 40 convictions…focus on quality of evidence’: Supreme Court to ED: The Supreme Court asked the Enforcement Directorate to focus on the “quality†of its prosecution and evidence, pointing out the probe agency's low conviction rate in money laundering cases.
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????Supreme Court to hear plea against Bombay HC verdict upholding ban on hijab, burqa in college: The Supreme Court will hear on Friday (August 9, 2024) a plea challenging a Bombay High Court verdict upholding a Mumbai college’s decision to ban hijabs, burqas and naqabs inside the campus.
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??International
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??A powerful earthquake hits off southern Japan; tsunami advisory issued: A powerful earthquake struck off Japan's southern coast on Thursday(August 8, 2024), triggering a tsunami advisory. The Japan Meteorological Agency said the quake registered magnitude 7.1 and was centred off the eastern coast of Japan's southern main island of Kyushu at a depth of about 30 km (18.6 miles). It issued a tsunami advisory, predicting waves of up to 1 metre (3.3 feet) along the southern coast of Kyushu and nearby island of Shikoku.
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??Bangladesh crisis: 10 temples attacked, Hindu musician Rahul Ananda’s house torched: Rights groups and Diplomats express concern over attacks on minorities in Bangladesh following the ousting of the Prime Minister. Several residents across Bangladesh spent a sleepless night as they gathered in groups to guard the streets amid fears of robbery and looting by criminals in the violence-hit country, where an interim government headed by Nobel laureate Muhammad Yunus is all set to take oath on Thursday (August 8, 2024).
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??Panama arrests 15 people for smuggling Chinese migrants through the Darien Gap: Border Police in Panama said that they have arrested 15 people who allegedly ran a smuggling ring to move Chinese migrants through the Darien Gap. The dangerous, jungle-clad gap connects Colombia and Panama, and represents a major route for migrants to reach the US border. In recent years, Chinese have become the fourth-largest group by nationality to use the crossing. Most of those crossing are Venezuelans.
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??Iran warns airlines to avoid its airspace for three hours over military drills, Egypt says: Egypt’s Civil Aviation Ministry said on August 8 it has ordered Egyptian airlines to avoid Iranian airspace for three hours the following day after a notice from Tehran to do so because of military exercises.
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??Pakistani national with Iran ties charged over foiled plot to kill politician in US: Earlier, in federal court in Brooklyn, a complaint was unsealed charging Asif Merchant, also known as “Asif Raza Merchant,†46, with murder-for-hire as part of a scheme to assassinate a politician or US government officials on US soil. Law enforcement foiled the charged plot before any attack could be carried out. Merchant is in federal custody in New York.
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??Sunita Williams stuck in space until February 2025? NASA eyes SpaceX for rescue: NASA is facing a mounting crisis and pressure as Astronauts Sunita Williams and Butch Wilmore find themselves stranded on the International Space Station. Initially slated for just an 8-day trip, the duo's return has been indefinitely postponed due to critical issues with the Boeing Starliner spacecraft. NASA said that it is looking into every way to get its astronauts back home. One idea is to have astronauts come back in 2025, and they're thinking about using Elon Musk-owned SpaceX, which is a rival to Boeing.
领英推è
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??Bangladesh government, led by Nobel laureate Muhammad Yunus, takes oath on Thursday: As the Bangladeshi military cleared the decks for the formation of an interim government, Nobel laureate Muhammad Yunus, tapped to lead the caretaker set-up, appealed for calm against the backdrop of continuing violence in parts of the country.
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??China to issue 70 national standards for carbon footprint, carbon capture in 2024: China will issue 70 national standards for carbon footprints, energy efficiency and consumption as well as carbon capture, utilisation and storage in 2024, in another step to reach peak carbon emissions. The country aims to build 100 carbon emission management standardisation pilots in 2025, its state planner said in a statement on August 8.
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??Tech
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??Apple, Google to fix a decade-old flaw that could compromise security on their browsers: Report: Apple will reportedly fix an 18-year-old exploit in its latest update for the Safari browser. The fix will be available for macOS Sonoma and macOS Ventura, a report from Forbes said. Known as the ‘0.0.0’ security vulnerability, the exploit can be used by websites to send malicious requests to a browser.
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??WazirX crypto hack | As CEO Nischal Shetty confirms FIR filed, rival CoinDCX announces ?50 crore investor protection fund: As WazirX cryptocurrency exchange users anxiously wait for updates regarding the more than $230 million in assets stolen from a breached multi-signature wallet, rival crypto exchange CoinDCX announced a ?50 crore Crypto Investors Protection Fund (CIPF).
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??Microsoft CrowdStrike IT outage | Cause of Falcon sensor crash revealed: More than a couple of weeks since the CrowdStrike global outage, the cybersecurity company has published an in-depth report around what exactly went wrong. The analysis finds that a combination of factors caused the Falcon sensor to crash.
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??Drones warned New York City residents about storm flooding. The Spanish translation drew mockery: New York City emergency management officials have apologised for a hard-to-understand flood warning issued in Spanish by drones flying overhead in some neighbourhoods. City officials had touted the high-tech message-delivery devices ahead of expected flash flooding Tuesday. But when video of a drone delivering the warning in English and Spanish was shared widely on social media, users quickly mocked the pronunciation of the Spanish version delivered to a city where roughly a quarter of all residents speak the language at home.
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??Sports
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??Neeraj's brilliant 89.45m throw that earned him historic silver at Paris 2024: On Thursday, Neeraj Chopra etched his name in the history books once again, becoming only the second Indian male athlete to secure two Olympic medals. Competing in the men’s javelin throw final, Neeraj delivered an impressive 89.45m throw to claim the silver medal.
??Paris 2024 Olympics hockey: India beat Spain 2-1 to win bronze medalTeam India outclassed Spain 2-1 in the bronze medal match of men's hockey at the Paris 2024 Olympics on Thursday. India Captain Harmanpreet Singh netted the equaliser seconds before the half-time hooter. Spain skipper Marc Miralles opened the scoring with 11 minutes remaining in the 2nd quarter.
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??Vinesh Phogat appeals against disqualification in Court of Arbitration for Sports: Indian wrestler Vinesh Phogat appealed against her disqualification from the 50kg category Olympic finals in the Court of Arbitration for Sports (CAS), demanding that she be awarded a joint silver medal after being forced out for being 100gm overweight in the morning weigh-in. An Indian Olympic Association (IOA) source in the visiting Indian contingent confirmed the development to PTI.
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??Paris 2024: Aman Sehrawat marches into wrestling semis: India’s Aman Sehrawat lifted the gloom in his country around wrestling by reaching the semi-final of the 57kg freestyle category at the Paris Olympics on Thursday. A day after Vinesh Phogat’s disqualification after reaching the final, the only male wrestler who qualified from India for the Games reached one step away from the gold medal bout.
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??Vinesh Phogat's plea for silver medal accepted by CAS; IOA appoints Harish Salve: The hearing for Vinesh Phogat's appeal at the Court of Arbitration for Sports (CAS) is likely to begin around 9:30 am Paris time, which is around 1 pm IST on August 9 (Friday).
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??IOA denies report of Antim Panghal being banned for three years: The Indian Olympic Association (IOA) have denied a report claiming that Indian wrestler Antim Panghal would be banned for three years following a disciplinary breach during the Paris Olympics.
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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