Acquist News at a Glance 12/07/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance 12/07/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance

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Friday 12th July 2024

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Pointers Business Forum Special Edition

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Famous Personality Born Today: Sanjay Manjrekar (born 12 July 1965) is an Indian cricket commentator and former cricketer. He played international cricket for India from 1987 until 1996 as a right-handed middle-order batsman.

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Numbers of the Day

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??USD 83.52

?? GBP 107.83

?? Euro 90.79

?? Gold 73,750 ??10 gm 24 (Kt)

?? Silver 95,500 ??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 80,194.47

NIFTY 24,419.30

*all values in INR as of Today

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????National

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????Former IAF Chief R K S Bhadauria explains compensation structure of Agniveers amid controversy: Former Indian Air Force (IAF) Chief R ?K S Bhadauria spoke about the settlement of ex-gratia to a deceased Agniveer soldier's family, explaining that the process takes time due to comprehensive guidelines that usually span two to three months.

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????Decision on NEET-UG 2024 re-test delayed as SC adjourns hearing to July 18: The Supreme Court on Thursday adjourned the hearing in the NEET-UG 2024 case after noting that some of the parties had not yet received the latest affidavits filed by the Centre and the National Testing Agency (NTA). The case will now be heard on July 18, further delaying a decision on a clutch of petitions demanding the re-conduct of NEET-UG 2024 because of alleged paper leaks and other malpractices.

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????German yard makes fresh pitch for Indian order as submarine hunt enters critical phase: German shipbuilder thyssenkrupp Marine Systems (tkMS) made a fresh pitch to equip the Indian Navy with a variant of its HDW Class 214 submarine, with a focus on the new technologies it integrates, technology transfer and indigenisation to push the country’s self-reliance agenda, and the navy’s proven track record of operating the yard’s Class 209/1500 vessels.

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????HC cites irregularities in Vadodara Lake development months after boat capsize: The Gujarat high court has pointed out irregularities in the award of the contract for the development of Harni Lake months after 12 schoolchildren and two teachers drowned there after an overcrowded boat with insufficient life jackets capsized on January 18. It held former Vadodara municipal commissioners HS Patel and Vinod R Rao guilty of dereliction of duty and misuse of their position.

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????Sheena Bora murder: Untraceable few weeks ago, Sheena’s remains found at CBI office in Delhi:? Weeks after it informed that parts of the purported skeleton of murder victim Sheena Bora were untraceable, the prosecution told the trial court that they were lying at the CBI's office in New Delhi. Sheena Bora (24) was allegedly murdered by her mother Indrani Mukerjea and others in 2012.

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????Delhi High Court judge recuses himself from hearing NIA plea seeking death penalty for Yasin Malik: Delhi High Court judge Amit Sharma on July 11 recused himself from hearing a plea by the National Investigation Agency (NIA) seeking death penalty for separatist leader Yasin Malik in a terror-funding case.

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????Mumbai hit-and-run: Mihir Shah confronted with driver; Police recreate scene: The Mumbai Police on Thursday recreated the sequence of events of the Mumbai BMW hit-and-run case from CJ House in Worli to Sea Link in the presence of the main accused Mihir Shah.

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????Badrinath National Highway opened for traffic near Bhanerpani in Uttarakhand: Badrinath National Highway in Uttarakhand's Chamoli which was blocked due to the falling of heavy debris from the hill on the road in Bhanerpani, Joshimath was restored for traffic after hours of efforts on Thursday.

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????Several roads closed in Himachal Pradesh after landslide on Manimahesh route: A landslide obstructed the route to Manimahesh Dal lake in Bharmour area of Chamba district on July 11. A 19-second video of the event that occurred between Goinallah and Donali, made by a traveller, turned up on social media.

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??International

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??Ukraine seizes cargo ship, detains Captain for exporting 'looted' grain: Ukraine seized a foreign cargo ship in the Black Sea off its Odesa region and detained the Captain on suspicion of helping Moscow export Ukrainian grain from Russian-occupied Crimea, the Security Service of Ukraine said on Thursday.

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??The UK mulls tighter crossbow laws after 3 women were slain in an attack. The suspect is in hospital: A man suspected of killing the wife and daughters of a BBC radio sports commentator with a crossbow was being treated in a hospital Thursday after being found injured in a cemetery some 15 miles from the scene of the crimes.

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??66 Chinese aircraft surround Taiwan in biggest sortie of year: Taiwan's defence ministry said Thursday it had detected 66 Chinese military aircraft around the island in a 24-hour window, a record-high this year, a day after it said Beijing was conducting exercises in nearby waters.

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??Malaysia central bank holds key rate as subsidy cuts pose inflation risks: Malaysia's central bank kept its benchmark interest rate steady on Thursday, in line with market expectations, as it flagged an expected pickup in inflation over the second half of 2024 following changes in diesel subsidies.

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??Wildfire risk rises as Western states dry out amid ongoing heat wave baking most of the US: Authorities in Western states warned of the rising risk of wildfires as hot conditions and low humidity dry out the landscape amid a protracted heat wave that is expected to bake much of the US again Thursday.

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??Boeing's Starliner with Sunita Williams stuck in space for entire summer: NASA’s astronauts Sunita Williams and Butch Wilmore are proving they can make the best of an unexpected situation. Despite their return aboard Boeing's Starliner being delayed, the veteran crewmates are reportedly enjoying their extended time on the International Space Station.

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??UAE sentences 43 Emiratis to life for ‘terror’ links in mass trial: A court in the United Arab Emirates has handed life sentences to 43 Emiratis for "terrorist" links, state media said, after a mass trial heavily criticised by UN experts and rights groups.

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??NATO expresses concern over deepening Russia-China ties: NATO has voiced profound concern over China's deepening relationship with Russia and accused Beijing of becoming a "decisive enabler" of Russia's war against Ukraine through its so-called “no limits” partnership with the country.

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??Tech

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??Google to make its dark web monitoring tool free for all: Google will make its dark web monitoring report available to all Google account users starting later this month, a report by The Verge stated. For the past one year, Google had been monitoring dark web leaks of stolen account information including phone numbers and addresses, for just Google One subscribers. Google said that this will build “a combined solution to help users protect their online presence.”

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??Intuit to layoff 1,800 employees; hire with focus on AI: Financial software company Intuit plans to lay off approximately 1,800 employees or 10% of its workforce from across the world. In an email shared internally, CEO Sasan Goodarzi shared that the leadership team had made some “very difficult decisions,” Fortune reported. The move isn’t to cut costs but to shift the company strategy in the direction of AI and generative AI.

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??Apple records highest growth as the global PC market continues its recovery in Q2 2024: The global PC market delivered its second quarter of growth following seven consecutive quarters of decline. Worldwide shipments reached 64.9 million units in the second quarter of 2024 (2Q24) with the overall market benefitting from commercial refresh cycles, hype around AI PCs and promotional activity from consumer-oriented brands, IDC shared in a blog post.

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??Spotify now lets users interact with podcasters through comments: Spotify has now introduced a comment section that allows users to interact with podcasters directly on the platform. The music streaming app is moving towards building a more social network-like experience since the inclusion of more interactive features like Polls and Q&As.

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??Sports

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??England Coach Southgate savours Euro 2024 semifinal win after criticism: Gareth Southgate has faced non-stop criticism as England's Manager at Euro 2024. Reaching the final could rekindle a love affair with the team's supporters.

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??Ash Barty plays exhibition doubles match at Wimbledon but happy to stay retired: Ash Barty was searching for a thesaurus after her exhibition doubles match at Wimbledon. A three-time Grand Slam singles champion, Barty retired just over two years ago at the age of 25. She plans to stay retired.

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??Paris Olympics 2024: Team USA sending more women than men for the fourth consecutive Summer Olympics: For the fourth consecutive Summer Olympics, Team USA will be sending a roster featuring more women than men. The US Olympic and Paralympic Committee announced the 592-member contingent that's heading to the Paris later this month. The lineup features 314 women and 278 men, spanning ages from 16 to 59 and with 46 states represented.

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??TENNIS | Amritraj, Paes and Evans — ITF Hall of Fame inductees — feted at Wimbledon: Vijay Amritraj, Leander Paes and Richard Evans, the 2024 International Tennis Hall of Fame inductees, were honoured at an event held on the sidelines of The Championships in Wimbledon, on Thursday.

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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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