Acquist News at a Glance 27/08/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance 27/08/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance

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Tuesday 27th August 2024

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Pointers Business Forum Special Edition

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Famous Personality Born Today: Sir Donald George Bradman (Don Bradman) (27 August 1908 – 25 February 2001), nicknamed "The Don", was an Australian international cricketer, widely acknowledged as the greatest batsman of all time. His cricketing successes have been claimed by Shane Warne, among others, to make Bradman the "greatest sportsperson" in history. Bradman's career Test batting average of 99.94 is considered by some to be the greatest achievement by any sportsman in any major sport.

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His Quote: “A good Captain must be a fighter; confident but not arrogant, firm but not obstinate; able to take criticism without letting it unduly disturb him, for he is sure to get it — and unfairly, too.”

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Numbers of the Day

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??USD 83.94

?? GBP 110.71

?? Euro 93.73

?? Gold 73,030 ??10 gm 24 (Kt)

?? Silver 87,800 ??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 81,764.67

NIFTY 25,021.80

*all values in INR as of Today

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????National

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????Indian ISMR delegation calls on Singapore President and Prime Minister, discuss bilateral ties: External Affairs Minister S Jaishankar, Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal and Railway Minister Ashwini Vaishnaw on Monday(August 26, 2024) called on Singapore President Tharman Shanmugaratnam and Prime Minister Lawrence Wong and discussed ways to further take forward the bilateral strategic partnership. The four Ministers are in Singapore for the second India-Singapore Ministerial Roundtable (ISMR) to be held on Monday to discuss bilateral cooperation and exchange views on issues of mutual interests.

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????Cargo ship sinks off Sagar Islands, 11 crew members rescued by Coast Guard: The Indian Coast Guard successfully carried out a rescue operation, saving 11 crew members from cargo ship MV ITT Puma which was en route from Kolkata to Port Blair, officials said, adding that the vessel sank 70 nautical miles south of Sagar Island due to inclement weather. According to a Coast Guard official on Monday, three crew members remain missing.

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????RBI constantly working on policies, platforms to make India’s financial system strong: Governor Shaktikanta Das: Reserve Bank Governor Shaktikanta Das on Monday (August 26, 2024) said the central bank is constantly working on policies, systems, and platforms to make the country’s financial sector strong, nimble and customer centric. Addressing the RBI@90 Global Conference on ‘Digital Public Infrastructure and Emerging Technologies’, Mr. Das recalled various initiatives being taken by the RBI with regard to Unified Lending Interface (ULI) and Central Bank Digital Currency (CBDC).

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????PM Modi speaks to Australia’s Anthony Albanese: PM Modi has spoken to his Australian counterpart Anthony Albanese as the two leaders took stock of their bilateral relations and cooperation in several forums, including Quad.

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????Gopichand Thotakura, India’s first civilian space tourist, recieves warm welcome in Delhi: India’s first civilian space tourist Gopichand Thotakura returned to the country on Monday (August 26, 2024) to witness a warm welcome in New Delhi. He has set the record of being the second-ever Indian citizen to travel to space after Rakesh Sharma, a former Indian Air Force pilot, who travelled to space in 1984.

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????Two arrested for firing outside cafe in southwest Delhi: The Delhi Police nabbed two men who allegedly fired gunshots at a cafe in southwest Delhi's Satya Niketan area following an argument over sitting arrangements, officials said.

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????Ministry of Home Affairs announces five new districts in Ladakh: Union Home Minister Amit Shah, on Monday (August 26, 2024), said that the central government will create five new districts in the Union Territory of Ladakh. The new districts are Zanskar, Drass, Sham, Nubra and Changthang.

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????Defence Minister Rajnath Singh concludes US visit, describes Indian diaspora in US as 'living bridge' between both nations: Defence Minister Rajnath Singh has concluded his visit to the United States, the Ministry of Defence said on Monday (August 26, 2024). In the last event, Mr. Singh underlined India’s growth story in the last decade and described the Indian diaspora as a ‘living bridge’ between the two countries.

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????Excise policy case: Supreme Court to hear Kavitha's bail plea on August 27: The Supreme Court is scheduled to hear on Tuesday (August 27, 2024) the bail plea by Bharat Rashtra Samithi (BRS) leader K Kavitha in a money laundering case linked to the alleged Delhi excise policy scam.

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??International

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??Alaska governor declares disaster and evacuation ordered following landslide in Ketchikan: Alaska's governor declared a disaster following a landslide that prompted an evacuation in the city of Ketchikan. The landslide around 4 p.m. Sunday damaged homes and infrastructure in the city, which was being aided by the State Emergency Operation Center, Alaska Gov. Mike Dunleavy said in a statement.

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??Israel-Hamas ceasefire, hostage talks to continue after weekend meetings fail to resolve gaps: A round of high-level talks in Cairo meant to bring about a ceasefire and hostage deal to at least temporarily end the 10-month Israel-Hamas war in Gaza ended without a final agreement, a US official said. But talks will continue at lower levels in the coming days in an effort to bridge remaining gaps.

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??Russia's Saratov airport lifts flight curbs after Ukraine drone attack: Russia's Saratov regional airport lifted flight curbs on Monday imposed after homes were damaged as a result of Ukraine's drone attack that wounded a woman, Russian officials and news agencies said.

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??Asia shares hesitate and dollar dips; oil gains: Major share markets turned hesitant in Asia on Monday, while the dollar and bond yields were on the wane ahead of inflation data that investors hope will pave the way for rate cuts in the United States and Europe.

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??Spain PM heads to West Africa as migrant arrivals surge: Spain Prime Minister Pedro Sanchez heads on a three-day visit to West Africa on Tuesday, as his left-wing government grapples with a major upsurge in migrant arrivals, notably in the Canary Islands.

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??Russia unleashes massive drone and missile attack on Ukraine, at least three killed: Russia unleashed a massive drone and missile barrage throughout Ukraine on Monday (August 26, 2024), and at least three people were reported killed in the attack that appeared to target energy infrastructure. The barrage began around midnight and continued after daybreak in what appeared to be Russia’s biggest attack against Ukraine in weeks.

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??North Korean leader Kim Jong Un unveils new ‘suicide drones’: North Korea has unveiled a new “suicide drone”, state media said on Monday (August 26, 2024), with leader Kim Jong Un overseeing a performance test of the weapons, which experts said could have come from Russia. Wearing a cream baker boy hat, Mr. Kim was shown beaming as he watched, aided by high-powered binoculars, as the drones blew up targets, images in state media showed.

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??China is conducting military patrols near the Myanmar border as civil war rages on the other side: China’s military is carrying out armed patrols near the Myanmar border this week, where the government is concerned about potential fallout from fierce fighting in a civil war on the other side.

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??Tech

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??Telegram CEO Pavel Durov arrest: Elon Musk, Edward Snowden, Lex Fridman criticise France’s treatment of tech billionaire: After Telegram CEO and billionaire Pavel Durov was arrested in a French airport, tech leaders and influencers across the political spectrum reacted with anger, accusing the French government of censorship and threatening free speech rights.

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??Cyberattack disrupts Seattle’s Tacoma International Airport and seaport: The Port of Seattle and Seattle-Tacoma International Airport shared over the weekend that they were experiencing an “internet and web systems outage, which is impacting some systems at the airport.” The cause of the incident is not yet public but the airport suggested it could be a cyberattack.

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??IBM to close China R&D department, affecting over 1,000 jobs, Yicai reports: IBM will completely shutter its China R&D, resulting in layoffs affecting over 1,000 jobs, Chinese media outlet Yicai reported on Monday (August 26, 2024), citing a statement from the company. IBM, the world's biggest technology services company, did not immediately respond to a request for comment.

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??Uber fined in Netherlands for sending drivers' data to the US: Ride-hailing platform Uber has been fined 290 million euros ($324 million) in the Netherlands for sending the personal data of European taxi drivers to the United States in violation of EU rules, Dutch data protection watchdog DPA said on Monday. Uber has stopped the practice, the DPA added.

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??Sports

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??La Liga: Real Madrid wins but Kylian Mbappe fires Bernabeu blanks: Spanish champions Real Madrid earned a 3-0 win over Real Valladolid in La Liga as Kylian Mbappe made his Santiago Bernabeu bow without finding the net. Atletico Madrid comfortably beat last season’s surprise package Girona by the same scoreline later on in the capital.

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??West Indies wins second T20I to secure a series victory after South Africa stumbles in run chase: West Indies smashed 13 sixes in its innings to beat South Africa by 30 runs and secure the Twenty20 international series with a game to spare. West Indies scored 179-6 after being asked to bat first in the second T20, accelerating from 111-4 after 14 overs. Shai Hope hit a 22-ball 41 with two fours and four sixes. Captain Rovman Powell contributed 35 runs, also in 22 balls, with three sixes.

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??Paralympic Games: Two key Paris landmarks for opening ceremony: Paris has chosen the iconic Champs-Elysees avenue and the historic Place de la Concorde to host the opening ceremony for the Summer Paralympics on Wednesday (August 28, 2024). The prestigious avenue sweeping through the 8th arrondissement to the west of central Paris is dotted with cafes, palaces and luxury shops and connects the Arc de Triomphe in the west with Place de la Concorde in the east in a single straight line.

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??Sven-Goran Eriksson, ex-England manager, passes away at 76: Swedish football manager Sven-Goran Eriksson, who Coached England from 2001 to 2006, died Monday at the age of 76 after a battle with pancreatic cancer, his agent said.

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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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