Acquist News at a Glance 29/07/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance 29/07/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance

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Monday 29th July 2024

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Pointers Business Forum Special Edition

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Famous Personality Born Today: Jehangir Ratanji Dadabhoy Tata (J R D Tata) (29 July 1904 – 29 November 1993) was an Indian aviator, industrialist, entrepreneur and former Chairman of Tata Group. He is also best known for being the founder of several industries under the Tata Group, including Tata Consultancy Services, Tata Motors, Titan Industries, Tata Salt, Voltas and Air India. In 1983, he was awarded the French Legion of Honour and in 1955 and 1992, he received the Padma Vibhushan and the Bharat Ratna.

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His Quote: “Uncommon thinkers reuse what common thinkers refuse.”

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Numbers of the Day

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??USD 83.72

?? GBP 107.80

?? Euro 90.92

?? Gold 69,160 ??10 gm 24 (Kt)

?? Silver 85,000 ??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 81,564.94

NIFTY 24,897.85

*all values in INR as of Today

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????National

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????INS Brahmaputra fire leads to wider safety review : In the wake of the fire accident on board the INS Brahmaputra on July 21, navy Chief Admiral Dinesh Tripathi has set up a special task force (STF) under Naval Headquarters to review the safety, security and standard operating procedures of the Indian Navy, according to people aware of the matter. Headed by a Rear Admiral, the STF is expected to submit its report in the next 60 days.

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????India, Saudi Arabia hold first meeting of High-Level Task Force on Investments : India and Saudi Arabia on Sunday discussed various opportunities for bilateral investments in diverse areas in the public and private sectors, including refining and petrochemical plants, new and renewable energy, and power.

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????President appoints six new Governors, reshuffles three : In major gubernatorial appointments and reshuffles, President Droupadi Murmu has appointed former Union Minister Santosh Kumar Gangwar as the new Governor of Jharkhand succeeding CP Radhakrishnan, who will be the new Governor of Maharashtra, according to a communique from the Rashtrapati Bhavan. Both Jharkhand and Maharashtra, along with Haryana, are scheduled to go for assembly elections later this year.

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????MCD seals 13 IAS coaching centres' basements in Delhi : The Municipal Corporation of Delhi (MCD) on Sunday sealed 13 illegally run basements of coaching centres in Delhi's Old Rajinder Nagar, a day after three civil service aspirants died after being trapped in the flooded basement of Rau's IAS Study Centre amid heavy rainfall. According to a statement by the MCD, the sealed coaching centres were found to be operating in basements in violation of rules.

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????PM Modi meets Manipur CM in first meeting since clashes : Prime Minister Narendra Modi met Manipur Chief Minister N Biren Singh on Sunday, marking their first one-on-one encounter in the 18 months since the ethnic tensions in the northeastern state erupted, people aware of the matter said on Sunday.

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????Centre increases incentives by 37.5% to boost drone manufacturing : The central government has increased the amount of business incentives to boost drone manufacturing in the country by as much as 37.5% to ?165 crore to be spent over three years, two officials said.

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????Search operations for missing people in Shirur briefly halted: Official : The search operation for missing people and the truck that was submerged in the Gangavali river at Shirur in Ankola taluk, Uttara Kannada district, has been temporarily suspended after 13 days of intense efforts, Uttara Kannada deputy commissioner Lakshmi Priya said on Sunday, citing unfavourable conditions in the river as the primary reason for the halt.

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????Delhi excise ‘scam’: SC to hear Manish Sisodia's bail pleas today : The Supreme Court will hear Aam Admi Party (AAP) leader Manish Sisodia's bail pleas in connection with the alleged Delhi excise policy scam on Monday, July 29. Manish Sisodia has spent 16 months in custody after his arrest in February 2023. A bench of Justices BR Gavai and KV Viswanathan is slated to hear his bail pleas.

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????40% of Gokak town in Belagavi under water : More than 40% of Gokak town in Belagavi district, Karnataka has been submerged due to overflowing of water from the Ghataprabha river after 1,64,000 cusecs of water was released from the Hidkal reservoir over the last two days, Belagavi Deputy Commissioner Mohammed Roshan said on Sunday.

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??International

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??Strike from Lebanon kill 12: Could that spark war between Israel and Hezbollah? : The Middle East braced for a potential flare-up in violence on Sunday after Israeli authorities said a rocket from Lebanon struck a soccer field in the Israeli-controlled Golan Heights, killing 12 children and teens in what the military called the deadliest attack on civilians since Oct. 7. It raised fears of a broader regional war between Israel and Hezbollah, which in a rare move denied it was responsible.

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??Venezuela chooses between another presidential term for Maduro or a big change : Venezuelans are voting in a presidential election whose outcome will either lead to a seismic shift in politics or extend by six more years the policies that caused the world’s worst peacetime economic collapse.

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??Kamala Harris' top three potential running mate candidates revealed : US Vice President Kamala Harris is zeroing in on a group of potential running mates, as she faces a two-week dash to make the biggest decision of her nascent presidential bid.

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??France renews vow to defend freedom of navigation as it showcases fighter jets in the Philippines : France renewed a commitment to help defend freedom of navigation and overflight in the Asia-Pacific Sunday and said that its supersonic fighter jets — a pair of which landed for the first time in the Philippines — and advance military power would enable it to respond rapidly to any humanitarian or security crisis in the region.

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??Migrants refuse rescue as one dies on cross-Channel bid : A migrant on an overcrowded boat died on Sunday trying to cross the Channel from France to Britain but authorities said dozens on the crammed vessel refused to be rescued and carried on with the hazardous journey.

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??Libyan court jails 12 officials over deadly floods : A Libyan court has jailed 12 officials in connection with the collapse of a series of dams in Derna last year that killed thousands of the city's residents, the Attorney General said on Sunday.

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??One dead, six injured in mass shooting at upstate New York park : One person is dead and at least six others were injured following a mass shooting on July 28 at a park in upstate New York. Rochester Police said they responded to Maplewood Park to a large gathering with shots fired and found several people suffering from gunshot wounds.

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??Russia's Putin vows 'mirror measures' in response to US missiles in Germany : Russia may deploy new strike weapons in response to the planned US stationing of longer-range and hypersonic missiles in Germany, Russian President Vladimir Putin said on Sunday.

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??Tech

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??TikTok collected user views on abortion and gun control, US Justice Department says : In a fresh broadside against one of the world’s most popular technology companies, the Justice Department is accusing TikTok of harnessing the capability to gather bulk information on users based on views on divisive social issues like gun control, abortion and religion.

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??A manipulated video shared by Elon Musk mimics Vice President Kamala Harris’ voice, raising concerns about AI in politics : A manipulated video that mimics the voice of Vice President Kamala Harris saying things she did not say is raising concerns about the power of artificial intelligence to mislead with Election Day about three months away.

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??Sports

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??Manu Bhaker just won India its first medal at Paris Olympics 2024 : Team India has officially kickstarted their medal tally at the Paris Olympics. A young and focused Manu Bhaker clinched the coveted bronze medal at the women's shooting 10m air pistol event, held on Sunday, July 28.

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??In perfect state of mind, Prannoy wins opener : HS Prannoy is known to be a slow starter. The 32-year-old tends to take his own sweet time to get used to the court, shuttle speed and overall conditions before bringing into effect his lethal blows.

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??India's tennis campaign ends at Paris with Sumit Nagal, Bopanna-Balaji ouster : India's tennis campaign at the Paris Olympics lasted just one day as Sumit Nagal and the men's doubles pair of Rohan Bopanna and N Sriram Balaji bowed out after losing their respective opening matches to French challengers, Sunday.

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??Paris Olympics: Rafael Nadal makes majestic return to Roland Garros for Spain : Spain's Rafa Nadal made a triumphant return to Roland Garros on Sunday to blast his way into the second round of the Olympic tennis tournament, and set up a blockbuster clash with nemesis Novak Djokovic of Serbia.

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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

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