Acquist News at a Glance 30/03/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance 30/03/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance

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Saturday 30th March 2024

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Pointers Business Forum Special Edition

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Famous Personality Born Today: Vincent van Gogh (30 March 1853 – 29 July 1890) was a Dutch Post-Impressionist painter who posthumously became one of the most famous and influential figures in Western art history. In a decade, he created about 2,100 artworks, including around 860 oil paintings, most of which date from the last two years of his life.

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His Quote: “If you truly love nature, you will find beauty everywhere.”

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Numbers of the Day

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??USD 83.38

?? GBP 105.28

?? Euro 90.06

?? Gold 68,740 ??10 gm 24 (Kt)

?? Silver 77,900 ??Kg

? Petrol 106.31/Ltr

? Diesel 94.27/Ltr

*all values in INR as of Today

*as per Mumbai

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BSE Sensex 73,635.48

NIFTY 22,326.90

*all values in INR as of Thursday

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????National

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????Jaishankar, Ukrainian foreign minister Kuleba hold bilateral talks: India and Ukraine on March 29 held "open and wide-ranging" talks as part of a bilateral engagement between its Foreign Ministers, with discussions focussing on the "ongoing conflict and its wider ramifications".

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????PM Modi, Bill Gates discuss AI, digital divide and India’s leading role in tech: Prime Minister Narendra Modi in an interaction with philanthropist and Microsoft Co-Founder Bill Gates on Friday discussed artificial intelligence (AI), the digital divide and the use of technology in empowering women in India.

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????India matters, would like to have it on board for peace summit: Ukraine FM: Ukraine is looking forward to India’s participation in a peace summit to be hosted by Switzerland this summer as its backing will help convince other countries, especially in the Global South, about the initiative, Ukrainian foreign minister Dmytro Kuleba said.

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????Akasa Air commences international operations: Domestic carrier Akasa Air has commenced its international operations with its inaugural overseas flight departing from Mumbai to Doha, Qatar.In a statement, the airline said it has been granted traffic rights for three other international destinations -- Kuwait, Jeddah, and Riyadh.

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????IndiGo commences direct flight from Bengaluru to Bali: IndiGo commenced daily direct flights between Bengaluru and Denpasar in Bali, Indonesia on March 29. Expanding its network within Indonesia, Bali is the second destination, after Jakarta, to join the extensive 6E network. This new connection will enhance accessibility for tourists from India heading to Bali.

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????8 tourists in 2 vehicles rescued after avalanche hits Sonamarg: Official: Eight tourists travelling in two vehicles that were impacted after an avalanche hit Sonmarg in Ganderbal district of Kashmir on Friday have been rescued, a Police officer said.

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????India’s Government e-Market is world’s 3rd largest e-commerce platform: CEO: India’s ‘Government e-Market’ or GeM portal is the world’s third largest e-commerce platform for public procurement after Korea’s ON-line E-Procurement System (KONEPS) and Singapore’s GeBIZ with a total sales value crossing Rs.4 lakh crore in the current financial year ending on March 31, a Senior Official said.

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????Over 79,000 election code violation complaints received through cVigil app: ECI: The Election Commission of India (ECI) on Friday said they received over 79,000 complaints through the EC’s cVigil app regarding violations of the Model Code of Conduct since the announcement of the 2024 Lok Sabha elections.

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????10 dead after car plunges into gorge on Jammu-Srinagar highway: Ten people were killed after a passenger cab plunged into a gorge on the Jammu-Srinagar highway near Battery Chashma in the Ramban area on Friday morning, PTI reported.

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??International

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??Baltimore bridge collapse | US President Joe Biden approves $60mn aid; Governor Wes Moore warns of 'very long road ahead' for recovery: The largest crane on the Eastern Seaboard was being transported to Baltimore so crews on March 29 can begin removing the wreckage of a collapsed highway bridge that has halted a search for four workers still missing days after the disaster and blocked the city's vital port from operating.

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??UK's Labour Party uses Holi message to connect with Indian diaspora: The United Kingdom's Opposition Labour Party used Holi to reach out to the Indian diaspora, with party leader Keir Starmer tapping into the spring festival's message of ushering in the new in an election year.

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??As Venezuelans are stuck?in Mexico, US sees drop in illegal migrant crossings: Venezuelan migrants often have a quick answer when asked to name the most difficult stretch of their eight-country journey to the US border, and it’s not the days-long jungle trek through Colombia and Panama with its venomous vipers, giant spiders and scorpions. It’s Mexico.

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??EU plans to fast-track some financial aid to Egypt, without the usual safeguards: The European Union intends to fast-track some of its aid money to Egypt using an urgent funding procedure that bypasses parliamentary oversight and other safeguards, according to the president of the bloc’s executive branch. The 1 billion euros ($1.1 billion) intended for this is part of a larger package of 7.4 billion euros ($8 billion) in financial assistance to the North African country that the EU announced.

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??Thailand sounds alarm after anthrax outbreak in Laos: Thailand ordered a close watch on livestock after an outbreak of anthrax in neighbouring Laos, where more than 50 suspected human cases have been reported. Anthrax, which spreads through bacteria in soil, commonly infects grazing livestock and wild animals but can infect humans and be deadly in some cases.

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??Portugal unveils new government after hung polls: Portugal's new centre-right Prime Minister Luis Montenegro unveiled his cabinet, after his centre-right coalition barely managed to emerge top in a badly fractured parliament. The 51-year-old lawyer was last week asked to form a government after the March 10 polls, which had resulted in a hung parliament.

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??Chinese fundraisings in limbo as IPOs scrutinised at home and abroad: Chinese companies are staring at the prospects of a drought of new equity capital as tougher domestic IPO rules and challenges in listing overseas severely curb their fundraisings, putting at risk the floundering economy’s recovery.

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??China lifts punitive tariffs on Australian wine: China said it would lift punitive tariffs on Australian wine, as trade ties improve between the two countries after years of tension, with Canberra soon afterwards announcing it would drop its case against Beijing at the World Trade Organization.

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??Tech

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??LinkedIn experimenting with Tik-Tok like video feed: Report: LinkedIn is reportedly testing a new Tik-Tok like video feed in its app. The latest addition to the business and employment focused social media app is similar to the vertical short-form video feeds that are found in platforms like YouTube, Instagram and Snapchat.

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??US, Mexico to partner on semiconductor supply chain development: The United States will partner with Mexico to explore semiconductor supply chain opportunities, the State Department said, as the Biden administration pushes to reduce reliance on China and Taiwan for the technology. The collaboration will take place as part of the US CHIPS Act, a 2022 law that created a $500 million fund for developing the semiconductor supply chain through initiatives with allies and partners.

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??Facebook News tab will soon be unavailable as Meta scales back news and political content: Meta will be sunsetting Facebook News in early April for users in the US and Australia as the platform further deemphasises news and politics. The feature was shut down in the UK, France and Germany last year. Launched in 2019, the News tab curated headlines from national and international news organisations, as well as smaller, local publications.

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??Musk's xAI to launch improved version of chatbot: Elon Musk's artificial intelligence startup xAI said it will launch an enhanced version of its chatbot Grok. The new version, called Grok-1.5, will be made available to early testers and existing Grok users on social media platform X, formerly known as Twitter, in the coming days, xAI said in a statement.

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??Sports

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??Dimitrov stuns Alcaraz to reach Miami Open semi-finals: Carlos Alcaraz's hopes for a Sunshine Double came undone in spectacular fashion as the top-seeded Spaniard fell 6-2 6-4 to Grigor Dimitrov, who will move on to face Alexander Zverev in the Miami Open semi-finals.

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??Japan leukaemia survivor Ikee to swim at Paris Olympics: Leukaemia survivor Rikako Ikee will compete for Japan in the 100m butterfly at the Paris Olympics after missing out on an individual place at the Tokyo Games three years ago.

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??Andy Murray to miss Monte Carlo and Munich tournaments because of ankle injury: Andy Murray still has no timetable to return from an ankle injury as the three-time Grand Slam champion's management team confirmed on Friday that he'll miss upcoming clay-court tournaments in Monte Carlo and Munich.

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??Bopanna-Ebden sail into men's doubles final of Miami Open: Indian tennis stalwart Rohan Bopanna and his Australian partner Matthew Ebden sailed into the men's doubles final of the Miami Open with a straight-set win over Marcel Granollers and Horacio Zeballos.

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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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