Acquist News at a Glance 12/02/25 (Pointers Business Forum Special Edition)
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Acquist News at a Glance
Wednesday 12th February 2025
Pointers Business Forum Special Edition
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Famous Personality Born Today: Charles Darwin (Born 12 February 1809 – 19 April 1882) was an English naturalist, geologist and biologist, widely known for his contributions to evolutionary biology. His proposition that all species of life have descended from a common ancestor is now generally accepted and considered a fundamental concept in science. Darwin published his theory of evolution with compelling evidence in his 1859 book On the Origin of Species.
His Quote: “A man's friendships are one of the best measures of his worth.”
Numbers of the Day
??USD 86.62
?? GBP 107.80
?? Euro 89.93
?? Gold 86,670 ??10 gm 24 (Kt)
?? Silver 99,500 ??Kg
? Petrol 104.21/Ltr
? Diesel 92.15/Ltr
*all values in INR as of Today
*as per Mumbai
BSE Sensex 75,572.84
NIFTY 22,854.80
*all values in INR as of Today
????National
????Aero India 2025: GE Aerospace signs contract with IAF: GE Aerospace signed a five-year Performance Based Logistics (PBL) contract with the Indian Air Force (IAF) for the Maintenance, Repair and Overhaul (MRO) of the T700-GE-701D engines powering the IAF’s fleet of AH-64E-I Apache helicopters.
????ONGC appoints bp to stabilise production decline at Mumbai High field, boost output: Oil and Natural Gas Corporation Ltd (ONGC) has signed a contract with BP plc which will serve as the Technical Services Provider (TSP) for the Mumbai High field, India’s largest and most prolific offshore oil field.
????Evolving global security scenario demands innovation, stronger partnerships: Rajnath Singh: Defence Minister Rajnath Singh on Tuesday (February 11, 2025) asserted that the evolving global security scenario demands innovative approaches and stronger partnerships. Addressing the Defence Ministers' Conclave organised as part of the Aero India 2025, he said, India believes that international order and peace cannot be ensured from a position of weakness.
????SC holds sole lottery distributor not liable to pay service tax to State: The Supreme Court on Tuesday (February 11, 2025) held that a sole distributor who purchases lottery tickets from a State government for onward sales is not liable to pay service tax.
????CBI books former Coast Guard Director-General Natarajan: The Central Bureau of Investigation (CBI) has registered a case against the former Indian Coast Guard Director-General K Natarajan and unknown others for alleged tampering/alteration of the Annual Confidential Reports (ACRs)/dossiers of senior officers.
????Nine militants arrested from Imphal West, Tengnoupal districts: Security Forces arrested nine militants from Manipur's Imphal West and Tengnoupal districts, Police said on Tuesday (February 11, 2025). Two militants of the banned outfit Kangleipak Communist Party (Apunba) were apprehended from Rupmahal Tank area in Imphal West district, Police said.
????Delhi HC lists Engineer Rashid's bail plea in NIA case on February 24 after SC clarification: The Delhi High Court on Tuesday (February 11, 2025) listed for hearing on February 24 a plea by jailed MP Abdul Rashid Sheikh alias Engineer Rashid on the issue of lack of a forum to decide his bail plea in a terror funding case.
????Drug case: Malayalam actor Shine Tom Chacko, 4 others acquitted: Malayalam actor Shine Tom Chacko and and four others who were arrested following a police raid in January 2015 from an apartment at Kadavanthra in Kochi, Kerala, on the charge of possessing cocaine were acquitted by a trial court on Tuesday (February 11, 2025).
????Alliance Air launches direct flights to Prayagraj for Maha Kumbh Mela: To accommodate the high demand of pilgrims travelling to the Maha Kumbh Mela, Alliance Air has announced the launch of direct flights between Hyderabad and Prayagraj. The service will be available from February 11 to February 25, operating thrice a week on Monday, Tuesday, and Friday.
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??International
??Bangladesh seeks full power supply restoration from Adani plant in Jharkhand: Bangladesh has asked Adani Power to fully resume supplies from its 1,600-megawatt plant in Jharkhand, a Bangladesh official said, after more than three months of reduced sales with supplies halved due to low winter demand and payment disputes.
??EU Chief Ursula von der Leyen vows to respond to US tariffs with tough countermeasures: European Union Chief Ursula von der Leyen vowed on Tuesday (February 11, 2025) that US tariffs on steel and aluminium “will not go unanswered,” adding that they will trigger tough countermeasures from the 27-nation bloc.
??Trump will host Jordan’s King Abdullah II as he escalates pressure on his Gaza resettlement plan: President Donald Trump will host Jordan’s King Abdullah II at the White House on Tuesday (February 11, 2025) as he escalates pressure on the Arab nation to take in refugees from Gaza — perhaps permanently — as part of his audacious plan to remake the Middle East.
??Ukraine implements emergency power curbs amid ongoing Russian attacks: Ukraine has implemented emergency power supply restrictions, the country's energy minister announced Tuesday, saying a Russian attack on the energy system was underway.
领英推荐
??Indo-Canadian Cabinet Minister Arif Virani not to contest Federal polls this year: Two more Canadian Cabinet Ministers, including Indo-Canadian Arif Virani, have announced they will not contest the Federal elections to be held this year.
??Venezuela sends 2 planes to US to return migrants, signaling potential diplomacy: Two Venezuelan planes returned home with about 190 Venezuelans deported from the United States, signaling a possible thaw in relations between two longtime diplomatic adversaries and a victory for President Donald Trump in his efforts to get more countries to take their people back.
??Seeking AI boom, France and EU promise to cut red tape on tech: Europe will cut back on regulation to make it easier for artificial intelligence to flourish in the region, French President Emmanuel Macron told an AI summit in Paris, urging investment in the EU - and more specifically in France. The European Union's Digital Chief Henna Virkkunen also promised that the bloc will simplify its rules and implement them in a business-friendly way.
??Tech
??Instagram expands Teen Accounts safety features to India: Instagram has announced the expansion of Teen Accounts to India months after launching them in the US, UK, Canada, and Australia. The social media platform is rolling out the feature to mark the occasion of Safer Internet Day. Teen Accounts aim to safeguard teenagers from harmful content, limit interactions with strangers, and set a ceiling on the amount of time spent on the app.
??OnePlus announces Red Rush Days sale for its community in India: OnePlus has announced the Red Rush Days sale starting February 11 till February 16 for its community members offering discounts, bank offers and EMI schemes on OnePlus flagship phones including Nord series, tablets and IoT devices. They can avail the benefits on the company’s portal, app, experience stores, Amazon and stores like Reliance Digital, Croma, Vijay Sales, Bajaj Electronics.
??WazirX rebalances user portfolios as exchange urges investors to support restructuring scheme: The Indian crypto exchange WazirX announced the completion of users’ asset rebalancing process as it urged investors to support its restructuring scheme. WazirX has said that in order to let the platform start operations once more and facilitate token recoveries, a majority of users will need to vote YES. The platform warned that not supporting the restructuring scheme could lead to longer delays, possibly lasting for even years.
??NASA's James Webb telescope to track asteroid as odds of hitting Earth rise: Scientists are using NASA's James Webb Space Telescope to study an asteroid, dubbed as ‘city-killer’, that has a small chance of striking Earth less than eight years from now.
??Sports
??FA Cup giant-killers Plymouth draw Man City in fifth round: FA Cup giant-killers Plymouth Argyle drew Premier League champions Manchester City as the second tier side's fifth round reward for a shock defeat of Liverpool at the weekend.
??Manu makes strong start to season: Back in action after six months, Paris Olympics double Olympics bronze medalist Manu Bhaker has made a strong start to the season as she topped qualification of 25m sports pistol in the first selection trials, and led the field in the second trials (T2) after the precision round at the Karni Singh Range on Tuesday.
??Fischer Random is the future of chess: Arjun Erigaisi: Power struggles between the world chess governing body, Fide, and Magnus Carlsen-backed Freestyle Chess Tour aside, Fischer Random is the future of chess, believes Arjun Erigaisi.
??Woods abruptly withdraws from his signature event, yet to process mother's death: Golf legend Tiger Woods announced that he would be withdrawing from this week's Genesis Invitational at Torrey Pines, citing the emotional toll of his mother's unexpected death. Woods, who was scheduled to make his first appearance in a non-major PGA Tour event in seven months, revealed that he was still processing the loss of his mother, Kultida Woods, who passed away last Tuesday at the age of 80.
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Sources:
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