Acquist News at a Glance 18/05/24 (Pointers Business Forum Special Edition)
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Acquist News at a Glance
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Saturday 18th May 2024
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Pointers Business Forum Special Edition
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Famous Personality Born Today: Frederick John Perry (18 May 1909 – 2 February 1995) was a British Tennis and Table Tennis player and former world No. 1 from England who won 10 Majors including eight Grand Slam tournaments and two Pro Slams single titles, as well as six Major doubles titles. Perry won three consecutive Wimbledon Championships from 1934 to 1936 and was World Amateur number one tennis player during those three years.
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His Quote: “I was always a believer in stamping on my opponent if I got him down, at Wimbledon or anywhere else. I never wanted to give him the chance to get up.”
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Numbers of the Day
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??USD 83.30
?? GBP 105.83
?? Euro 90.76
?? Gold 75,350 ??10 gm 24 (Kt)
?? Silver 89,000 ??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 73,959.63
NIFTY 22,481.90
*all values in INR as of Friday
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????National
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????India's spike in trade with Russia not a 'temporary phenomenon', EAM Jaishankar says: India's rise in trade with Russia should not be seen as a "temporary phenomenon" as more economic opportunities are emerging, India's Foreign Minister said on Friday. India and Russia have a close relationship stretching back decades, and New Delhi has refused to condemn Moscow over its February 2022 invasion of Ukraine, urging the two sides to end the conflict through dialogue and diplomacy.
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????Air India flight with 180 passengers from Pune collides with tug truck before takeoff: An Air India flight bound for Delhi experienced a collision with a tug truck while taxiing towards the runway at Pune Airport. The incident occurred when around 180 passengers were onboard.
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????NIA charge sheets Mumbai man in Pakistan conspiracy to honey trap Indian Navy personnel: The NIA has charge sheeted Mumbai resident Amaan Salim Shaikh, a key accused in a conspiracy by Pakistani intelligence operatives to honey trap Indian Navy personnel to gather secret information on defence establishments, an official statement said on Friday. The National Investigation Agency (NIA) arrested Shaikh on November 20 last year from Mumbai.
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????Full emergency declared at Delhi's IGI airport: Full emergency was declared IGI airport at around 5:52 pm ?on Friday for an Air India flight 807 from Delhi to Bangalore as fire was reported in the AC unit. There were 175 passengers on board. The flight however, landed safely.
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????India reacts to PoK protests: 'Consequence of Pak's policy of systemic plunder': India on Friday reacted to the protests in several parts of Pakistan-occupied Kashmir (PoK) and said that it was a "natural consequence" of Islamabad's continued policy of “systemic plundering of resources” from the region.
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????Ghatkopar hoarding collapse accused brought to Mumbai, to be produced in court: Bhavesh Bhinde, an advertising firm’s director, whose company had put up the giant hoarding that collapsed in Mumbai killing 16 people, was brought to the city early on May 17, a Police Official said.
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????Rallies held in Manipur, Mizoram against fencing of Indo-Myanmar border: A large number of people belonging to the Kuki Zo tribal community organised rallies in Manipur and Mizoram to denounce the government’s decision to cancel Free Movement Regime (FMR) with Myanmar and fencing of the international border with the neighbouring country.
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????14 Sri Lankan nationals apprehended for fishing in Indian waters: The Indian Coast Guard has apprehended 14 Sri Lankan nationals on board five fishing boats, on charges of poaching illegally in Indian waters. While on patrol, the ICGS Rani Durgavati, located these boats about 15 miles from Point Calimere (Kodiakarai) off the Tamil Nadu coast, an informed source said.
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??International
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??North Korea fires ballistic missile, South Korea's military says: North Korea fired a ballistic missile towards the sea off its east coast, South Korea's military said on May 17. South Korea's Joint Chiefs of Staff did not immediately provide details of the projectile or its trajectory.
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??Indonesia evacuates hundreds near erupting volcano: “Hundreds of people living near an erupting volcano in eastern Indonesia have been evacuated after authorities raised its alert status to the highest level,” an official said on May 17.
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??French forces deploy to quell deadly New Caledonia unrest: Hundreds of military and armed police reinforcements deployed Friday to the riot-scarred streets of France's Pacific territory of New Caledonia, seeking to quell clashes that have left five people dead and hundreds injured.
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??US Coast Guard says Texas barge collision may have spilled up to 2,000 gallons of oil: Early estimates indicate up to 2,000 gallons of oil may have spilled into surrounding waters when a barge carrying fuel broke free from a tugboat and slammed into a bridge near Galveston, Texas, the U.S. Coast Guard said.
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??China and Russia reaffirm their close ties as Moscow presses its offensive in Ukraine: Russian President Vladimir Putin and Chinese leader Xi Jinping reaffirmed their “no-limits” partnership that has deepened as both countries face rising tensions with the West, and they criticized US military alliances in Asia and the Pacific region. At their summit in Beijing, Mr. Putin thanked Mr. Xi for China’s proposals for ending the war in Ukraine, which have been rejected by Ukraine and its Western supporters as largely following the Kremlin’s line.
领英推荐
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??Indian students facing deportation in Canada protest against government: Hundreds of Indian students in Canada's Prince Edward Island (PEI) region are staging protests and demanding authorities to allow them to remain in the country. They allege, despite graduating we are being denied work permits and now face deportation.
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??Taiwan’s Foreign Minister says China and Russia are supporting each other's ‘expansionism’: Russia and China are helping each other expand their territorial reach, and democracies must push back against authoritarian states that threaten their rights and sovereignty, Taiwan’s outgoing Foreign Minister, Joseph Wu, said in an interview with The Associated Press.
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??Tech
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??More than 60% of world's coral reefs may have bleached in past year, NOAA says: Nearly two-thirds of the world's coral reefs have been subjected to heat stress bad enough to trigger bleaching over the past year, the leading agency monitoring coral reefs said.
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??Apple’s iOS 18 update to bring eye tracking, vocal shortcuts features to iPhones and iPads: Apple will launch accessibility features like eye tracking, music haptics and vocal shortcuts later this year. The AI- powered updates are expected to be part of the iPhone-makers updates for iOS 18 and aim to improve accessibility on the company’s devices.
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??Space data fuels India's farming innovation drive: Lokeswara Reddy, an Indian farmer with two decades of experience, has seen his crops flourish after lean years, thanks to earth-observation satellites. Shifting climate patterns, high input costs, a scarcity of labour and erratic weather began to disrupt his earnings about 10 years ago, said Reddy, 52, currently a contract farmer with global giant Syngenta.
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??Tesla seeks 'smooth permissions' for local data centres in China, says Elon Musk: Tesla is pushing ahead with plans to power the global development of its self-driving system with data from China that could be processed within the country, part of a strategic shift by Elon Musk, according to people with knowledge of the work.
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??Sports
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??IPL-17: RCB vs CSK: Stage set for epic face-off as Bengaluru and Chennai clash for final playoff berth amid rain threat: Royal Challengers Bengaluru's fairytale resurgent run will be up against the might of five-time champions Chennai Super Kings and the weather gods when the two sides clash in an epic do-or-die match to decide the fourth and final team for the IPL play-offs, in Bengaluru on May 18.
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??Brazil to host 2027 Women's World Cup as Gaza overshadows FIFA meeting: Brazil was chosen to host the 2027 Women's World Cup on Friday, beating a joint Belgium-Netherlands-Germany bid at a FIFA congress marked by debate about the war in Gaza. After the success of the 2023 edition in Australia and New Zealand, which earned a record $570 million in commercial revenue, FIFA chose to continue its push to expand women's football by taking the tournament to South America for the first time.
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??Kumble recommends maximising boundary size, more pronounced seam to save bowlers' future: If the game of cricket remains tilted heavily in the favour of batters, not many youngsters would be lining up to start bowling in a couple of years, fears spin great Anil Kumble, who advocated the need to keep biggest possible boundaries at IPL venues and use of more pronounced seam to restore the balance between bat and ball. The score of 250 has been breached as many as eight times this season with shorter boundaries, flat pitches and impact player rule aiding the batting side.
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??AFI to penalise Coaches for athletes’ doping offence: To curb the doping menace, the Athletics Federation of India has decided to take action against coaches whose athletes commit doping violations. The AFI, following its discussion with various stakeholders for about six months, took this important decision at its executive committee meeting on Friday.
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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