Acquist News at a Glance 17/05/24 (Pointers Business Forum Special Edition)
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Acquist News at a Glance
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Friday 17th May 2024
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Pointers Business Forum Special Edition
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Famous Personality Born Today: Edward Jenner (17 May 1749 – 26 January 1823) was an English physician and scientist who pioneered the concept of vaccines and created the smallpox vaccine, the world's first vaccine. In the West, Jenner is often called "the father of immunology", and his work is said to have saved "more lives than any other man". In 2002, Jenner was named in the BBC's list of the 100 Greatest Britons.
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His Quote: “I hope that someday the practice of producing cowpox in human beings will spread over the world - when that day comes, there will be no more smallpox.”
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Numbers of the Day
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??USD 83.49
?? GBP 105.68
?? Euro 90.65
?? Gold 73,750 ??10 gm 24 (Kt)
?? Silver 89,100 ??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 73,594.76
NIFTY 22,387.75
*all values in INR as of Today
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????National
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????IAF successfully airdrops portable hospital BHISHM in Agra: The Indian Air Force (IAF) successfully tested portable hospital cubes Bharat Health Initiative for Sahyog, Hita and Maitri (BHISHM) for the first time in Uttar Pradesh's Agra.
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????SC rebukes DDA for cutting trees in Delhi Ridge, says can’t trust it now: The Supreme Court on Thursday expressed its sharp disapproval of Delhi Development Authority (DDA) vice chairman Subhashish Panda’s affidavit that claimed 642 trees were cut in the Delhi Ridge without his knowledge, saying the top court “cannot trust the DDA now”.
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????SC outlines State’s duty before acquiring private property in landmark ruling: The Supreme Court on Thursday underscored the constitutional safeguards required before the State can acquire private property, highlighting the necessity of adhering to fair procedures and upholding the rights of property owners under the Indian Constitution.
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????ED can't arrest accused after special court takes cognizance of PMLA complaint: SC: The Supreme Court, in a landmark judgment, on Thursday, May 16, held that the Enforcement Directorate (ED) and its officers cannot arrest an accused under Section 19 of the Prevention of Money Laundering Act (PMLA) after the Special Court has taken cognizance of the complaint of money laundering.
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????NCBC recommends increase in reservation quota for OBCs in West Bengal, Punjab: The National Commission for Backward Classes (NCBC) has recommended an increase in the reservation quota for Other Backward Classes (OBCs) in public employment in Punjab and West Bengal. The Commission's decision comes after a review of the current reservation policies, oral statements and documentary evidence, aiming to align with the directives laid out by the Supreme Court in the Indra Sawhney case, according to an advisory.
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????IMD issues heatwave warning in Delhi, Uttar Pradesh, Punjab till May 18: The Indian Meteorological Department (IMD) has predicted heatwaves in the States of Punjab, Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, West Bengal, Bihar, and Gujarat on May 16.
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????Two elephant tusks, worth ?60 lakh, seized from man near Rajapalayam: A team of the Organised Crime Intelligence Unit (OCIU), seized two elephant tusks from an individual, A Ram Alagu (40), of Ganapathi Sundaranachiyarpuram near Rajapalayam.
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??International
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??UK tightens scrutiny of all Indian spice imports amid contamination allegations: Britain's food watchdog has applied extra control measures on all spice imports from India, it said, becoming the first to ramp up scrutiny of all Indian spices after contamination allegations against two brands sparked concerns among global food regulators. Hong Kong last month suspended sales of three spice blends produced by MDH and one by Everest, saying they contained high levels of a cancer-causing pesticide ethylene oxide.
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??Failure of DR Congo army leaves civilians at mercy of rebels: Innocent Kasereka sits in a rundown hospital in the war-torn east of the Democratic Republic of Congo (DRC), his neck bandaged where he was brutally slashed with a knife. He recounted how he became caught in the middle of the conflict raging between rebels of the March 23 Movement (M23) and Congolese armed forces (FARDC) since late 2021. The attack took place at a coffee plantation in the agricultural town of Kibirizi at the start of May.
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??Slovakian PM Robert Fico is in stable but serious condition after assassination attempt, says hospital staff: “Slovakian Prime Minister Robert Fico is in a stable but serious condition, after being shot multiple times in an assassination attempt a day earlier,” a hospital official said. Doctors are continuing to treat Mr. Fico in an attempt to improve his condition, Defence Minister Robert Kalinak told reporters outside the hospital in Banska Bystrica.
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??The Netherlands veers sharply to right with new Government dominated by party of Geert Wilders: Anti-Islam firebrand Geert Wilders and three other party leaders agreed on a coalition deal early on May 16 that veers the Netherlands toward the hard right, capping a half year of tumultuous negotiations that still left it unclear who will become Prime Minister.
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??Palestinian statehood key to post-war Gaza rebuilding plans of Arab nations: As Israel keeps up its campaign against Hamas, Arab leaders are mapping out ways to support post-war Gaza, placing one major condition on their involvement: a pathway to Palestinian statehood.
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??Argentina reports its first single-digit inflation in six months: Argentina’s monthly inflation rate eased sharply to a single-digit rate in April for the first time in half a year, data released showed, a closely watched indicator that bolsters President Javier Milei’s severe austerity program aimed at fixing the country’s troubled economy.
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??Climate crisis could force Thailand to move capital Bangkok: Thailand may have to consider relocating its capital Bangkok because of rising sea levels, a senior official in the country’s climate change office said. Projections consistently show that low-lying Bangkok risks being inundated by the ocean before the end of the century.
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??France imposes emergency in Pacific territory of New Caledonia as violent unrest turns deadly: France imposed an emergency in the French Pacific territory of New Caledonia for at least 12 days, boosting security forces’ powers to quell deadly unrest in the archipelago where indigenous people have long sought independence.
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??Tech
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??Samsung promotes Galaxy Tab S9 by making fun of Apple’s art and music destroying ad: Samsung responded to Apple’s unpopular iPad Pro ‘Crush’ ad by releasing a video ad of its own to promote the Galaxy Tab S9 whilst making fun of Apple’s media embarrassment. Apple’s ‘Crush’ ad shared by CEO Tim Cook showed a giant hydraulic press crushing musical instruments, art supplies, books, and even toys, to replace them with the newly announced iPad Pro.
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??G0VO launches Dolby Atmos supported affordable soundbars: G0VO, an audio startup, on Thursday launched G0VO Go Surround 975 and 940 soundbars with Dolby Atmos. According to the brand, these soundbars are manufactured at Channelplay’s facility in Gurugram.
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??Recently delisted Toshiba to cut 4,000 jobs in restructuring drive: Japan's Toshiba said on Thursday it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership. Toshiba delisted in December due to a $13 billion takeover by a consortium led by private equity firm Japan Industrial Partners (JIP), capping a decade of scandal and upheaval.
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??Alteryx unveils AiDIN Copilot to streamline analytical workflow: Alteryx on Thursday unveiled Alteryx AiDIN Copilot, an AI assistant designed to enhance revenue and operational efficiency through streamlined analytical workflow creation. It uses Google Cloud’s Gemini AI models to offer a conversational interface for data interaction. The Alteryx AiDIN Copilot will place tools directly on the Alteryx Designer canvas to reduce the time spent on manual configurations accelerate the analytics process.
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??Sports
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??Sunil Chhetri’s Indian national team career and achievements: Indian football captain Sunil Chhetri has announced his retirement from international football, stating that the World Cup qualifying match against Kuwait on June 6, 2024, will be his final game for the Blue Tigers. The 39-year-old is India’s all-time leading goalscorer for the Indian team and has played more matches than anyone in the history of the national team.
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??T20 World Cup to stream and broadcast with sign language, audio description: In a first for Indian sports streaming, the ICC Men’s T20 cricket World Cup will be streamed with Hindi audio description and Indian Sign Language (ISL) for visually and hearing impaired viewers, Disney+ Hotstar, the streaming service with the rights to stream the tournament this year announced. Reports peg the tournament’s media value between ?1,600–2,000 crore.
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??TABLE TENNIS | Sharath Kamal and Manika to spearhead Indian challenge in Paris: As expected, multiple Commonwealth Games medallist A Sharath Kamal and world No. 24 Manika Batra will spearhead the Indian men’s and women’s team events, respectively, at the Paris Olympics. This will be the first-ever participation of Indian squads at the Games.
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??Anjum Moudgil and Swapnil Kusale excel in the finals: Anjum Moudgil celebrated her climb to the top of the race by winning the 50m rifle 3-position final in the third Olympic shooting trials at the Madhya Pradesh Academy 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