Acquist News at a Glance 30/07/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance 30/07/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance

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Tuesday 30th July 2024

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Pointers Business Forum Special Edition

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Famous Personality Born Today: Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist and business magnate. He was the Founder of Ford Motor Company, and Chief Developer of the assembly line technique of mass production. Ford created the first automobile that middle-class Americans could afford, and his conversion of the automobile from an expensive luxury into an accessible conveyance profoundly impacted the landscape of the 20th century.

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His Quote: “If everyone is moving forward together, then success takes care of itself.”

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Numbers of the Day

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??USD 83.73

?? GBP 107.66

?? Euro 90.63

?? Gold 69,170 ??10 gm 24 (Kt)

?? Silver 85,100 ??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 81,400.80

NIFTY 24,850.85

*all values in INR as of Today

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????National

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????QUAD countries agree to expand maritime domain awareness initiative to Indian Ocean: The Quad on Monday agreed to expand a maritime domain awareness initiative to the Indian Ocean to bolster maritime security and counter illegal activities, and finalised a response mechanism to enhance coordination for humanitarian assistance and disaster relief (HADR).

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????Supreme Court refuses to lift stay on Bihar reservation law: The Supreme Court on Monday refused to stay the Patna high court decision striking down the 65% caste-based reservation law in jobs and admissions in Bihar even as it agreed to hear the state government’s appeal against the high court ruling in September.

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????SC refuses to entertain PIL against govt decision to cancel UGC-NET exam: The Supreme Court on July 29 refused to entertain a PIL challenging the government's decision to cancel the UGC-NET examination following an alleged question paper leak. A bench comprising Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra, however, said the dismissal of the PIL does not amount to a decision on the merits of the PIL as it was filed by a lawyer and not by aggrieved students.

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????SC notice to state government on PIL for structural audit of Bihar bridges: The Supreme Court on Monday sought the response of the Bihar government on a public interest litigation (PIL) demanding a structural audit of all bridges in the state after ten bridges collapsed at regular intervals in recent months amid heavy downpours.

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????Another Mumbai hit-and-run case, BMW car kills 28-year-old man; driver arrested: In yet another hit-and-run case, a speeding BMW killed a 28-year-old man in Mumbai's Worli on July 20, the incident which came to light on Monday. The accused in the case, Kiran Indulkar, fled the scene and was later arrested, reported India Today.

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????Student flagged ‘illegal basements’ month before Rau's IAS centre deaths: A month before the basement flooding in Delhi's Rau's IAS coaching centre that claimed lives of three civil service aspirants, a complaint had warned about illegal use of basement for library and conducting classes.

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????Woman found chained to tree in Maharashtra's Sindhudurg; cops recover U.S. passport photocopy: A 50-year-old woman was found tied to a tree with an iron chain in a forest in Maharashtra's Sindhudurg district, and a photocopy of her US passport as well as other documents, including an Aadhaar card with a Tamil Nadu address, were recovered from her, a Police official said on July 29.

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????Government replenishes onion stock, sells tomatoes at subsidised rate amid price rise: The central government has purchased its targeted 500,000 tonne stockpile of onion from cultivators and is expected to start releasing them to cool prices, even as Union Food and Consumer Affairs Minister Pralhad Joshi on Monday launched the sale of subsidised tomatoes in the national capital region, which will later be expanded to more cities.

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????Supreme Court rejects ED's plea challenging bail to Jharkhand CM Hemant Soren: The Supreme Court on Monday dismissed Enforcement Directorate's appeal challenging the bail granted to Jharkhand chief minister Hemant Soren in alleged land scam case.

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??International

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??US deported 48 Indian students without explanation; India seeks clarification: The External Affairs Ministry of India reported that Indian students studying in the United States are being deported back without any explanation. The US has deported 48 students back to India in the past 3 years with no grounds to send them back. The information came from the Minister of State for External Affairs, Kirti Vardhan Singh in Indian Parliament.

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??New UK Government to restart trade talks with India, others: The UK’s new Labour government announced that it would begin trade talks with India and the Gulf Cooperation Council, Israel, South Korea, Switzerland and Turkey.

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??No country should dominate others, says Quad in clear message to China: In a loud and clear message to China, the Quad on July 29 reaffirmed its steadfast commitment to a free and open Indo-Pacific, vowing to work towards a region where no country dominates others and each state is free from coercion in all its forms.

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??Union at BHP's Escondida mine urges rejection: The union at BHP's Escondida mine in Chile, the world's largest copper mine, has called on its nearly 2,400 members to reject a final contract offer from the company and prepare for a strike, the Union President said.

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??3 dead and 2 injured after pontoon boat capsizes in northern Arizona lake: Three people tragically died, and two others were hospitalised, after a pontoon boat capsized on Lake Powell in northern Arizona. According to National Park Service officials, the 25-foot pontoon, which was owned privately, was overturned by waves while being towed by another boater on Friday afternoon, July 26.

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??Ethiopia currency slides as central bank eases forex curbs: Ethiopia's central bank announced on Monday that it was easing curbs on its foreign exchange regime, a move which saw the value of the local currency slide by about 30 percent.

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?? Venezuela Presidential election: Nicolas Maduro declared winner, opposition protests: Nicolas Maduro was declared the winner of Venezuela's Presidential election but the opposition and key regional neighbours immediately rejected the official results.

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??Rochester mass shooting: At least 1 dead, 6 wounded in attack at crowded park: At least one person died and six others were wounded in a mass shooting inside a Rochester, New York, park, Police have said. The deceased person was believed to be in their 20s, and another person was left in life-threatening condition. Authorities confirmed that five other people were rushed to the hospital with minor injuries.

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??Tech

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??South Korea to support vendors hit by Qoo10 payment delays, Founder pledges compensation: South Korea will provide $400 million in financial support to small businesses hit by payment delays on two Qoo10 e-commerce platforms and the Singapore-based firm's Founder pledged to use his own assets to help compensate customers and vendors.

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??Apple's artificial intelligence features to be delayed, Bloomberg News reports: Apple's upcoming artificial intelligence features will arrive later than anticipated and will miss the initial launch of upcoming iPhone and iPad software overhauls, Bloomberg News reported.

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??Sports

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??Bhaker-Sarabjot duo qualifies for bronze medal match in 10m air pistol mixed team event: The Indian combination of Manu Bhaker and Sarabjot Singh qualified for the bronze medal match in the 10m air pistol mixed team event of the Olympic Games on July 29.

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??Lakshya Sen wins ‘first match’ of his Olympic debut, beats Belgian opponent Carraggi in straight games: Ace Indian shuttler Lakshya Sen shrugged off the cancellation of his opening match win and defeated Julien Carraggi of Belgium in straight games in the men's singles badminton competition of the Paris Olympics in Paris on July 29. The 22-year-old Sen, who is making his Olympic debut, beat Carraggi 21-19 21-14 in the Group L match.

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??Paris Olympics hockey pool B: Harmanpreet's late strike hands India 1-1 draw against Argentina: India skipper Harmanpreet Singh once again came to his side's rescue, scoring a late equaliser to salvage a hard-fought 1-1 draw against Argentina in their second men's hockey pool match at the Paris Olympics in Paris on July 29.

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??Paris Olympics: Swimming training cancelled for a second day over Seine water quality: Paris Olympics organisers cancelled the triathlon swimming training session for the second day in a row on Monday, with 24 hours to go until the men's race, after heavy rain affected water quality levels in the Seine.

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??DDCA announces inaugural Delhi Premier League: The inaugural edition of the Delhi Premier League (DPL) will be held in the second half of August, the Delhi and District Cricket Association (DDCA) announced on Monday, July 29, 2024. The T20 tournament, which will have both men's and women's matches, will be organised at the Arun Jaitley Stadium.

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From the House of Acquist:

Contact: Phone: 022-39464317 Email Id: [email protected]

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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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