Acquist News at a Glance 11/11/24 (Pointers Business Forum Special Edition)
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Acquist News at a Glance
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Monday 11th November 2024
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Pointers Business Forum Special Edition
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Famous Personality Born Today: Howard Fast (November 11, 1914 – March 12, 2003) was an American novelist and television writer. Fast also wrote under the pen names E V Cunningham and Walter Ericson.
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His Quote: “A man who will traduce those who stood with him in battle is not worth much.”
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Numbers of the Day
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??USD 84.39
?? GBP 109.01
?? Euro 90.98
?? Gold 79,350 ??10 gm 24 (Kt)
?? Silver 93,900 ??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 79,268.93
NIFTY 24,080.85
*all values in INR as of Today
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????National
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????India's Pinaka rocket system interests French Army, being evaluated for use : In a significant boost to India’s "Make in India" initiative, a top French Army officer revealed that they are evaluating India's indigenous Pinaka multi-barrel rocket launcher (MBRL) system for potential use by their armed forces. The announcement comes as both nations continue to deepen their strategic and defence ties.
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????Eastern Naval Command Navy Day Operation Demo this year at Puri in Odisha : Indian Navy is set to demonstrate its formidable maritime capabilities and operational strength at the annual Navy Day ‘Operational Demonstration’ — OpDemo2024 — at Blue Flag Beach in Puri in Odisha this year, according to official communication from Eastern Naval Command.
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????Justice Sanjiv Khanna to be sworn in as 51st CJI on November 11 : Justice Sanjiv Khanna, who has been part of several landmark Supreme Court judgements such as scrapping the electoral bonds scheme and upholding abrogation of Article 370, will be sworn in as the 51st Chief Justice of India on Monday (November 11, 2024). President Droupadi Murmu will administer the oath of office at Rashtrapati Bhavan in a ceremony scheduled at 10 am.
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????BSF catches 200 drones, says Pak trying to ‘destabilise’ India with drugs : Drone interceptions along the Punjab International Border have surged to 200 as Pakistani networks persist in smuggling narcotics and weapons, aiming to "destabilise" India by promoting drug addiction among youth and "disintegrating" social harmony, according to the Border Security Force (BSF), cited by news agency PTI.
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????Gunfight on between security forces, terrorists hiding in Srinagar forest : An exchange of fire between terrorists and Security Forces was reported in Jammu and Kashmir's Srinagar district, Police said on Sunday.
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????AI Express fleet to reach 110 after AIX merger :? Air India Express plans to expand its fleet to 110 aircraft by the end of this fiscal year, adding 20 new planes following its merger with AIX Connect, Senior Airline Officials said.
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????Trade tensions, funding among COP29 challenges : The UN Climate meeting (COP29) opens on Monday in Baku, Azerbaijan, against a backdrop of unprecedented global challenges and environmental milestones. The conference faces multiple headwinds: Donald Trump’s victory in the US Presidential election, ongoing conflicts in Ukraine and Gaza, and deepening disagreements over climate finance between developed and developing nations.
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????Maoist violence: ST panel urges Centre, States to submit detailed report on status of Gotti Koya tribals : The National Commission for Scheduled Tribes has asked the Union Home Ministry and Chhattisgarh, Maharashtra, Andhra Pradesh, and Odisha to submit a detailed report on the status of the Gotti Koya tribals, who were displaced from Chhattisgarh due to Maoist violence and are now reportedly living in neighbouring States in difficult conditions, excluded from social security benefits.
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????Singapore Airlines to invest additional ?3,195 crore in Air India post-Vistara merger : Singapore Airlines will make an additional investment of ?3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November. The merger, announced on November 29, 2022, and set to be completed on November 11, 2024, will result in Singapore Airlines having a 25.1% stake in the enlarged Air India.
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??International
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??Trade tensions, funding among COP29 challenges : The UN Climate meeting (COP29) opens on Monday in Baku, Azerbaijan, against a backdrop of unprecedented global challenges and environmental milestones. The conference faces multiple headwinds: Donald Trump’s victory in the US Presidential election, ongoing conflicts in Ukraine and Gaza, and deepening disagreements over climate finance between developed and developing nations.
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??Alabama shooting: One dead, several injured at Tuskegee University : One person was killed, and several others were left injured in a mass shooting at Tuskegee University in Alabama early Sunday morning. The harrowing incident took place during a homecoming celebration on campus. Authorities responded after gunfire was reported at 1200 West Montgomery Road, West Commons, one of the school’s apartment complexes.
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??Biden's internal polling showed Trump winning 400 electoral votes: Obama aide : Donald Trump was on the road to victory even before Kamala Harris entered the race, according to Jon Favreau, a one-time speechwriter for Barack Obama. During the recent episode of his Pod Save America podcast, the 43-year-old revealed that the White House's internal polling showed the president-elect would win “400 electoral votes.”
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??Saudi armed forces General Chief of Staff to hold talks in Iran : The General Chief of Staff of Saudi Arabia's armed forces, Fayyad al-Ruwaili, will visit Tehran on Sunday to meet with his Iranian counterpart and discuss defence ties, state media reported the Iranian Armed Forces General Staff as saying.
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??European troops, 800-mile buffer and NATO: Trump's master plan for Ukraine war : US President-elect Donald Trump's massive peace plan to end the war between Russia and Ukraine might involve British and European troops.
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??Iraq to amend marriage laws, allowing men to marry even 9-year-old girls: Report : Iraq is set to pass legal amendments to the country's marriage law that allows men to marry girls as young as nine. Amendments have also been proposed to deprive women of the right to divorce, child custody and inheritance, reported The Telegraph.
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??Taliban administration officials to attend UN climate conference in Azerbaijan : Afghan Taliban Officials will attend a major United Nations climate conference that starts next week, the Afghan Foreign Ministry said on Sunday, the first time they have attended since the former insurgents took power in 2021.
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??Bangladesh government to seek Interpol's help to repatriate Sheikh Hasina from India : Bangladesh's interim government has said it will seek Interpol's help to repatriate exiled former Prime Minister Sheikh Hasina from India, to face trial for alleged “crimes against humanity”, PTI reported on Sunday.
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??Tech
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??House panel summons two key media bodies over curbing fake news : The Indian Parliamentary Standing Committee on Information Technology, led by Nishikant Dubey, has called representatives of two key media bodies to discuss mechanisms for curbing fake news. The News Broadcasters and Digital Association and Editors Guild of India will present their views on the issue at a meeting scheduled for November 21.
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??Exclusive: US ordered TSMC to halt shipments to China of chips used in AI applications : The US ordered Taiwan Semiconductor Manufacturing Co (2330.TW ), opens new tab to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday, according to a person familiar with the matter. The Department of Commerce sent a letter to TSMC imposing export restrictions on certain sophisticated chips, of 7 nanometer or more advanced designs, destined for China that power AI accelerator and graphics processing units (GPU), the person said.
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??Sports
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??Junior men’s hockey World Cup: Tamil Nadu likely to host : In all probability, Tamil Nadu will host the junior men’s hockey World Cup in November-December 2025. Speaking to The Hindu in Chennai on Sunday (November 10, 2024), a top Government source said: “We have given the letter of intent to Asian Hockey Federation (AHF). AHF has given its consent. We will also work out the modalities soon. AHF and Hockey India are on board regarding TN hosting the World Cup. There will be two venues for the World Cup: one will be in Chennai and the other possibly in Madurai,” the source said.
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??Women’s Asian Champions Trophy: ‘Restructured’ Indian team takes first step; to focus on Los Angeles Olympics : When the Indian women take on Malaysia in their opening game of the Women’s Asian Champions Trophy in Rajgir on Monday (November 11, 2024), it will be the first step for a ‘restructured’ team in moving on from the disappointment of missing the Paris Olympics and focussing on LA 2028 instead.
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??End of an era? Man City loses fourth straight game and Guardiola faces some tough questions : A sense of crisis is looming over the champions of England after they lost a fourth straight game in all competitions, 2-1 at Brighton, and slipped five points behind Liverpool in the Premier League. Liverpool beat Aston Villa 2-0 thanks to goals by Darwin Nunez and Mohamed Salah.
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??Messi's MLS future addressed by Inter Miami boss after loss vs Atlanta United : Lionel Messi’s first full season at Inter Miami FC came crashing to a close, as Atlanta United completed a comeback in their first round playoff contest to win the best-of-three series in the deciding game in dramatic fashion, 3-2.
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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