Acquist News at a Glance 14/11/24 (Pointers Business Forum Special Edition)
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Acquist News at a Glance
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Thursday 14th November 2024
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Pointers Business Forum Special Edition
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Famous Personality Born Today: Yiannis Chryssomallis, (born November 14, 1954) known professionally as Yanni, (born November 14, 1954) is a Greek Pianist, Composer, Keyboardist, and Music Producer. Yanni continues to use the musical shorthand that he developed as a child, blending jazz, classical, soft rock, and world music to create predominantly instrumental works.
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His Quote: “Creativity is an inherent human quality of the highest order. When we create, we become more than the sum of our parts.”
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Numbers of the Day
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??USD 84.40
?? GBP 107.04
?? Euro 89.02
?? Gold 76,840 ??10 gm 24 (Kt)
?? Silver 90,900 ??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 77,841.97
NIFTY 23,599.85
*all values in INR as of Today
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????National
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????India hosts cancer experts from Bimstec member states for key meeting : India hosted senior cancer physicians and policy-makers from Bimstec countries for the National Cancer Grid (NCG)’s annual meeting in Mumbai as part of efforts to strengthen regional cooperation in the field of health.
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????US Deputy Secretary of state Kurt Campbell to participate in 1st Indian Ocean Dialogue : US Deputy Secretary of state Kurt Campbell will participate this week in the first India-US Indian Ocean Dialogue in New Delhi that will focus on efforts to promote security and prosperity across the Indo-Pacific region, according to an official readout from the US State department.
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????Building a stronger international mechanism to combat terrorism : In an increasingly divided world, few topics ignite as much passion and debate as terrorism. The subject is intensely discussed in many academic forums but seldom conclusively. Very often, the debate becomes an exercise at lambasting an incumbent government or a law enforcement agency, as if an administrative machinery can, by itself, resolve this ever-burgeoning problem.
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????Fire at Indian Oil Corp's Mathura refinery injures eight : Days after a blast triggered a fire at its Gujarat refinery resulting in the death of one person, Indian Oil Corporation (IOC) reported a fire at its Mathura refinery on November 13, 2024.
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????38-year-old's innovative farming method leads to first saffron bloom in Lucknow : Lucknow, In a pioneering effort, a Lucknow-based man has successfully cultivated saffron traditionally grown in Kashmir's cool climate and unique soil conditions using the aeroponic technique that requires no soil.
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????Chennai: Government Doctor stabbed 7 times at Kalaignar Centenary hospital : A government Doctor was stabbed seven times with a knife by a patient's son at Kalaignar Centenary Hospital in Chennai on Wednesday, Police said. The Doctor, Dr Balaji Jaganathan, is currently receiving treatment in the ICU to recover from the assault, with injuries to his neck, ear, forehead, back and stomach.
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????Additional paramilitary forces rushed to Manipur amid spike in ethnic violence : The Union government has rushed 20 additional Paramilitary companies or nearly 2,500 personnel to Manipur amid a spike in the protracted ethnic violence in the state and an increase in threats against the Central Reserve Police Force (CRPF), people aware of the matter said on Wednesday.
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????Demolitions without following process violative of rule of law: Supreme Court : The Supreme Court on Wednesday set down comprehensive guidelines against arbitrary demolitions, underscoring that the rule of law and due process must be strictly adhered to. The court’s judgment highlighted the dangers of what it described as “bulldozer justice,” declaring that the executive cannot act as both judge and executor by demolishing the properties of those involved in criminal cases.
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????Delhi's visibility near-zero; CPCB says AQI 'very poor', IQAir shows 'hazardous' : Residents of Delhi, Noida, Ghaziabad, Gurugram, and surrounding areas woke up on Wednesday to a dense layer of smog, reducing visibility to nearly zero. The air quality index (AQI) in Delhi remained in the ‘very poor’ category, with many residents experiencing breathing difficulties.
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??International
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??Cold War-era H-6 bomber enhances China’s ability to strike US bases : In a series of war games in the seas and skies around Taiwan in October 2024, China deployed some of its newest strike aircraft, warships and missile forces. However, one of the most menacing weapons used in the drills is an updated version of a bomber that first flew in the early years of the Cold War.
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??Fifth storm in a month bears down on the Philippines : The Philippines prepared to evacuate potentially tens of thousands of people as the fifth major storm in three weeks bore down on the archipelago shortly after the onslaught of Typhoon Toraji. Now a weakened tropical storm, Toraji blew out to sea overnight after causing relatively limited damage and no reported deaths.
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??Uzbekistan to make media, songs and films pass 'moral test' : Uzbekistan has said it will soon introduce a “moral test” for media content, including films and songs published in the Central Asian country, in a bid to protect what the government called the “national mentality”.
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??China's largest air show takes off with fighter jets, attack drones : Fighter jets and attack drones took centre stage as China’s largest air show officially opened, an opportunity for Beijing to showcase its growing military might to potential customers and rivals alike. China has poured resources into modernising and expanding its aviation capabilities as it faces off against the United States and others around regional flashpoints like Taiwan.
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??After hosting World Cup, Qatar praised by UN rights body for labour law reforms but urged to do more : Qatar was praised at the United Nations' top human rights body for improving labour laws before the 2022 World Cup, though it was urged to fully abolish its employment system for migrant workers.
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??French lower house rejects massively amended 2025 budget : French MPs rejected a draft government budget that had been massively amended with new taxes by the opposition, as the heavily indebted country is under pressure to balance the books.
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??German chemical lobby VCI trims 2024 outlook amid political turmoil : Germany's chemicals industry association VCI on Wednesday lowered its annual forecasts for the sector, citing economic stagnation and political turmoil in Germany.
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??Afghanistan attends UN climate talks for first time since Taliban return to power : For the first time since the Taliban returned to power in 2021, Afghanistan sent a delegation to the United Nations climate talks in a bid to garner help in dealing with global warming.
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??Tech
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??X rivals Bluesky and Threads get more users as some migrate from Elon Musk-owned platform : In the aftermath of Donald Trump’s US Presidential election win, social media platform X’s rival Bluesky has welcomed around one million users in the past week. The company posted the news on Wednesday (November 13, 2024) and hailed its new users. In late October, Bluesky posted that it had over 13 million users.
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??Indian IT spending to touch $160 billion, grow by 11.2% due to AI demand: Gartner : IT spending in India is projected to grow to $160 billion in 2025, a 11.2% increase from this year, according to Gartner. At the Gartner IT Symposium, Naveen Mishra, VP analyst at the research firm pointed out that cloud, applications and consulting would push growth in the country.
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??Google grants $1 million to Indian non-profit AI startup Karya : Google’s philanthropic arm, Google.org has announced a $1 million grant for non-profit AI startup, Karya which gives employment in rural areas in exchange for feedback to improve language abilities of local AI models. Karya will also be building a multilingual AI chatbot to support people with digital work.
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??Nvidia and SoftBank pilot world's first AI and 5G telecom network : Leading chipmaker Nvidia and SoftBank Corp, the telecommunications arm of SoftBank Group, have piloted the world's first artificial intelligence (AI) and 5G telecoms network, the two companies said on Wednesday. The network can run AI and 5G workloads concurrently, a process known as an artificial intelligence radio access network (AI-RAN), the companies said.
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??Sports
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??Gambhir a prickly character, never took dig at Kohli: Ponting : Responding to Gautam Gambhir's jibe at him, former Australia skipper Ricky Ponting on Wednesday (November 13, 2024) said the India head coach was a "prickly character" and insisted that his comments on Virat Kohli should not be construed as a dig on the star batter, who himself would be worried about his prolonged lean patch.
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??Carlsen in focus as top stars vie for honours : It gets dark early in Kolkata at this time of the year. As Magnus Carlsen, the planet’s best chess player by some distance steps onto the stage, the nearly full moon is clearly visible from the terrace garden of Taj Bengal. There is a pleasant, gentle breeze blowing across. The calm, though, is just the prelude to the storm.
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??Neymar expresses desire to extend his stay in Saudi amidst Al-Hilal exit reports : Brazilian star forward Neymar Jr has expressed his desire to play in Saudi Arabia in the coming years amidst reports of Al-Hilal thinking of terminating his contract after he sustained a new injury after returning to the field after almost a year.
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??Ronaldo stops thinking long-term after setting a 1000-goal target for himself : Portugal star Cristiano Ronaldo admitted that he is at that point in his career where he can't think about any long-term aspirations. Ronaldo, who is the highest goal-scorer in sports history, recently set a target for himself to net 1000 goals before retirement. However, he has now decided not to pile up the pressure of expectations on himself and wants to live in the moment.
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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