Acquist News at a Glance 25/05/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance 25/05/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance

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Saturday 25th May 2024

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Pointers Business Forum Special Edition

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Famous Personality Born Today: Alexandra Rose Raisman (born May 25, 1994) is a retired American artistic gymnast and two-time Olympian. She was Captain of both the 2012 "Fierce Five" and 2016 "Final Five" US women's Olympic gymnastics teams, which won their respective team competitions.

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Her Quote: “You have to remember that the hard days are what make you stronger. The bad days make you realize what a good day is. If you never had any bad days, you would never have that sense of accomplishment!”

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Numbers of the Day

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??USD 83.06

?? GBP 105.83

?? Euro 90.14

?? Gold 72,430 ??10 gm 24 (Kt)

?? Silver 91,900 ??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 75,410.39

NIFTY 22,957.10

*all values in INR as of Friday

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????National

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????Indian Coast Guard showcases search and rescue prowess on high seas: The Indian Coast Guard demonstrated its prowess in searching and rescuing men and material in distress in high seas as 5 ICG ships, a Dornier aircraft and an Advanced Light Helicopter, participated in the well-coordinated regional search and rescue operations held 12 nautical miles off Thoothukudi coast on Friday.

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????Cyclone Remal to make landfall in West Bengal, Bangladesh on May 26: IMD: “A cyclone brewing in the Bay of Bengal will make landfall between Sagar Island in West Bengal and Bangladesh’s Khepupara on Sunday midnight,” the India Meteorological Department (IMD) said on May 24.

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????New criminal laws will tackle crime in effective manner: Former SC Judge Navin Sinha: The new criminal laws passed Parliament will tackle crime in an effective manner, Former Supreme Court judge Navin Sinha has said, while emphasising the need for effective training programmes for judges and police to make it a success.

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????SC refuses to direct EC to upload voter turnout data amid LS polls, says 'hands-off approach' needed: The Supreme Court on Friday refused an NGO's plea to issue the Election Commission directions to upload polling station-wise voter turnout data on its website during the Lok Sabha polls, saying a "hands-off approach" needs to be adopted during the elections.

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????Kerala rain: Heavy showers continue, IMD sounds ‘orange’ alert for 7 districts: Heavy rain continue in Kerala, with some areas receiving more than 200 mm of rain in the past day. Cities like Kochi and Thrissur are still flooded. The India Meteorological Department (IMD) has issued an orange alert for seven districts: Pathanamthitta, Allapuzha, Kottayam, Ernakulam, Idukki, Kozhikode and Kannur.

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????Helicopter carrying pilgrims develops snag, makes emergency landing in Kedarnath: A helicopter with seven people, including pilgrims, on board made an emergency landing in Uttarakhand's Kedarnath after developing a technical snag early on May 24. The helicopter landed a few metres from the helipad at the Himalayan temple, an official said.

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????Sweltering nights in Rajasthan, temperature stays above 30 degree Celsius in most places: “Night temperatures remained above 30 degrees Celsius in many parts of Rajasthan,” the local weather office said on May 24. “The State recorded its highest temperature at 48.8 degrees Celsius in Barmer on May 23,” according to Met Centre Jaipur.


????Death toll rises to 10 in Thane chemical factory blast; owners booked for culpable homicide: The death toll in the chemical factory blast in Maharashtra’s Thane district rose to 10 with the discovery of three more bodies from the accident site, officials said on Friday.


??International

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??China sends bombers with live missiles on mock strikes in Taiwan drill: The Chinese military sent bombers carrying live missiles on Friday to conduct mock strikes in its Taiwan drills, state television CCTV said. The bombers of the eastern theatre command of the People's Liberation Army set up several attack formations in waters east of Taiwan, carrying out mock attacks in co-ordination with naval vessels, it added.

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??Over 100 feared dead by a landslide in Papua New Guinea: More than 100 people are believed to have been killed Friday, May 24, 2024, in a landslide in a remote part of Papua New Guinea, Australian Broadcasting Corp. reported.

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??Dad-son Hamas duo confess to raping, killing woman during Oct 7 Israel attack: Sickening new footage shows a Hamas terrorist and his son, who is a teenager, telling Israeli interrogators that they raped a woman and then murdered her during October 7 attack on Israel. 47-year-old Jamal Hussein Ahmad Radi and his son, Abdallah, 18, were apprehended by the Israel Defense Forces in the Gaza Strip.

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??China sends second consignment of glacial water from Tibet to Maldives: China has gifted 1,500 tonnes of water from the Tibetan glaciers to Maldives, the second such donation in less than two months, a media report said on May 24. This is the latest in the multiple grants and aid that China has promised the Maldives, especially since pro-China Mohamed Muizzu took over as the President in November 2023.

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??US announces visa restrictions following Georgia's 'foreign influence' law: The US Secretary of State, Antony Blinken, has announced new visa restriction policy for those responsible for undermining democracy in Georgia. He also announced the launch of a comprehensive review of bilateral cooperation between the US and Georgia.

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??Police response to Maine mass shooting gets deeper scrutiny from independent panel: Problems with police communication and coordination in the fraught hours after Maine’s deadliest mass shooting will be under scrutiny Friday from an independent commission, which plans to hear more testimony from law enforcement sources.


??Singapore Airlines turbulence: 22 passengers suffered spinal cord injuries, 6 had head trauma: Twenty-two passengers from a Singapore Airlines flight that was hit by turbulence on May 21, have spinal cord injuries and six have brain and skull injuries, according to media reports. Twenty people remained in intensive care, although none were life-threatening cases, reported The Straits Times, citing Adinun Kittiratanapaibool, director of Samitivej Srinakarin Hospital.

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??Two missing climbers found dead near Mount Everest top, Sherpa guide not found: A Nepali climber Binod Babu Bastakoti and a Kenyan climber Cheruiyot Kirui have been found dead near the Mount Everest Summit, officials at the Everest Base Camp confirmed. Both climbers had been missing for days. Meanwhile, a guide named Nawang Sherpa, who was accompanying Kenyan climber Kirui in the death zone, is still missing.

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??Tech

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??Zee seeks $90 million termination fee from Sony for calling off merger: Zee Entertainment Enterprises has sought a termination fee of $90 million (around ?748.7 crore) from the Sony Group for calling off the $10 billion merger deal in January this year. It has sought termination fees from two Sony Group entities — Sony Pictures Networks India (SPNI), now known as Culver Max Entertainment, and Bangla Entertainment (BEPL), according to a regulatory filing from Zee Entertainment Enterprises Limited (ZEEL) on May 24.

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??Australian judge rules that X must answer to hate speech complaint: An Australian judge has ruled that the social media platform X is subject to a state's anti-discrimination law even though it does not have an office in Australia. Queensland Civil and Administrative Tribunal Judge Ann Fitzgerald said in a decision made public Friday that her court has jurisdiction over X Corp. in a hate speech complaint.


??Google’s new AI overviews in search feature hit with user complaints: Google’s new AI overviews in search feature was meant to pull information from the internet in order to respond to questions accurately and at greater speeds, but users are complaining that the feature is serving incorrect and dangerous responses or taking the results from unvetted sources.

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??Sony imagines its gaming controller from the future: Sony has posted a video on its Sony - Global YouTube channel that shows us a glimpse of what the future could look like, including a potential new gaming controller. The controller sports a futuristic design with subtle lighting, as well as what appears to be an analogue stick. The centre of the controller seems to be either invisible, transparent or hollow.

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??Sports

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??India squad for FIFA WC Qualifier against Kuwait: Gogoi, Hammad miss out due to injuries: Forward Parthib Gogoi and defender Muhammad Hammad were left out due to injuries as India announced a 27-member squad for the World Cup qualifying match against Kuwait on June 6 which would mark the end of long-serving captain and ace striker Sunil Chhetri's international career. The squad for the game to be held in Kolkata was announced by head coach Igor Stimac.


??Need someone with understanding of Indian cricket: BCCI secretary Jay Shah denies approaching Aussies for coach job: The Board of Control for Cricket in India (BCCI) secretary Jay Shah on Friday, May 24, 2024, rejected claims that the Board has approached any former Australian cricketer to be India’s next head coach and hinted that Rahul Dravid ’s successor could be an Indian by saying that he should have a “deep understanding” of the game’s structure in the country.

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??Malaysia Masters | Sindhu defeats top seed to enter semifinals; Ashmita loses: Double Olympic medallist P V Sindhu took a giant stride towards securing a title at the Malaysia Masters after progressing to the semifinals with a hard-fought win over top seed Han Yue of China on Friday.

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??French Judicial Officials open theft probe before Maradona's World Cup Golden Ball goes to auction: French Judicial Officials have opened an investigation into the possible theft of a trophy that was awarded to the late Diego Maradona after the 1986 World Cup and is set to be auctioned. The prosecutor's office in Nanterre, outside Paris, told The Associated Press on May 23 that the probe was handed over to a special police unit combating trafficking in cultural property.

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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

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