Acquist News at a Glance 27/12/24 (Pointers Business Forum Special Edition)

Acquist News at a Glance

Friday 27th December 2024

Pointers Business Forum Special Edition

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Famous Personality Born Today: Louis Pasteur (Born 27 December 1822 – 28 September 1895) was a French chemist and microbiologist renowned for his discoveries of the principles of vaccination, microbial fermentation, and pasteurization, the last of which was named after him. He is regarded as one of the founders of modern bacteriology and has been honoured as the "father of bacteriology" and the "father of microbiology"

His Quote: “Let me tell you the secret that has led me to my goal. My strength lies solely in my tenacity.”

Numbers of the Day

💰USD 85.36

💷 GBP 106.91

💶 Euro 88.57

🥇 Gold 77,740 ©️10 gm 24 (Kt)

🥈 Silver 91,700 ©️Kg

⛽ Petrol 104.21/Ltr

⛽ Diesel 92.15/Ltr

*all values in INR as of Today

*as per Mumbai

BSE Sensex 78,906.04

NIFTY 23,893.40

*all values in INR as of Today

🇮🇳National

🇮🇳Manmohan Singh: Former Indian Prime Minister dies at 92: Former Prime Minister Dr Manmohan Singh passed away at 92 at the All India Institute of Medical Sciences (AIIMS) on Thursday night. Singh, who was India’s 13th Prime Minister, headed the Congress-led United Progressive Alliance (UPA) government at the Centre from May 2004 to May 2014.

🇮🇳New flight luggage rules limit passengers to one cabin bag: Explained: The Bureau of Civil Aviation Security has proposed new regulations for hand baggage on flights, marking a major change intended to simplify air travel and improve security. Whether on a local or international trip, passengers would only be permitted to bring one handbag or cabin bag inside the aircraft.

🇮🇳IRCTC down: Users frustrated about ticket troubles during peak tatkal time: The Indian Railway Catering and Tourism Corporation (IRCTC) e-ticketing platform experienced a significant outage due to maintenance. The interruption prevented people from booking or managing tickets, causing widespread outrage. Many expressed their frustrations on social media over the platform being down during peak tatkal time.

🇮🇳ED says it uncovered 262 Canadian colleges linked to human trafficking network: In a major breakthrough, the Enforcement Directorate (ED) has discovered that 262 Canadian colleges had allegedly entered into agreements with two Indian entities allegedly involved in a large-scale human trafficking network.

🇮🇳72-hour blockade in Katra against Vaishno Devi ropeway project sparks tension: The Mata Vaishno Devi ropeway project in Jammu region faced a 72-hour blockade starting December 25 in Katra, as local business owners, including shopkeepers and pony wallas, joined a bandh organised by the Shri Mata Vaishno Devi Sangarsh Samiti, vowing to suspend all activities in the town during the protest. They stated that all activity in Katra would be halted during the protest.

🇮🇳Jaipur tanker fire: Death toll rises to 19; Three others on ventilator support: The death toll in a tanker-fire incident in Rajasthan has gone up to 19 with another man succumbing to his severe burn injuries at the Sawai Man Singh (SMS) hospital.

🌎International

🌎Russia responds to ‘missile strike’ theories after Azerbaijan Airline crash: An Azerbaijan Airlines plane, traveling from Baku to Grozny in Russia, crashed near the city of Aktau in Kazakhstan after reportedly being rerouted due to fog. Russia has called for patience regarding the investigation into the Azerbaijan Airlines crash, as speculation about a missile strike persists.

🌎Russian region declares emergency situation as Black Sea oil spill fallout widens: Authorities in Russia's southern Krasnodar region declared a region-wide emergency, saying that oil was still washing up on the coastline 10 days after two ageing tankers ran into trouble. The oil is from the tankers which were hit by a storm on December 15. One of the vessels split in half, while the other ran aground.

🌎South Korea’s Opposition says it will introduce bill to impeach acting President Han Duck-soo: South Korea’s main Opposition party said it will introduce a bill to impeach acting President Han Duck-soo on Thursday (December 26, 2024) and hold a vote on Friday (December 27, 2024), a move that could deepen the country’s constitutional crisis triggered by a short-lived martial law.

🌎Former Taiwan Presidential candidate Ko Wen-je indicted for corruption: Prosecutors in Taiwan indicted former Presidential candidate and Taiwan People's Party (TPP) founder Ko Wen-je on corruption charges on Thursday (December 26, 2024), accusing him of taking bribes during his time as mayor of the island's capital.

🌎Japan government to increase JGB sales for first time in four years: Japan is set to raise scheduled sales of Japanese government bonds (JGB) slightly to 172.3 trillion yen ($1.1 trillion) next fiscal year from the current year, the first increase in four years, according to a draft plan seen by Reuters.

🌎Former Taipei Mayor Ko Wen-je charged with bribery and embezzlement in Taiwan: Prosecutors in Taiwan indicted former Presidential candidate and Taiwan People's Party Founder Ko Wen-je on corruption charges Thursday, accusing him of taking bribes during his time as Mayor of the Island's capital.

🌎Israel forces capture 85,000 weapons from Hezbollah amid ongoing ceasefire: Soldiers seized more than 85,000 items of loot from Hezbollah since entering Lebanon, the Israel Defence Forces announced.

🌎China approves world’s largest, $137-billion dam on the Brahmaputra close to the Indian border: China has approved the construction of the world's largest dam, stated to be the planet's biggest infra project costing $137 billion, on the Brahmaputra River in Tibet close to the Indian border, raising concerns in riparian states — India and Bangladesh.

📱Tech

📱Telegram founder says messaging app profitable for first time: The founder and chief executive of the Telegram encrypted messaging app Pavel Durov said on Monday that the platform had recorded a net profit for the first time in 2024, with annual revenue exceeding $1 billion.

📱Instagram tests showing users unseen Highlights: Report: Meta is testing a new Instagram feature to show users their friends’ Highlights that they may have missed, after they finish watching their friends’ Stories, reported TechCrunch, citing a Meta spokesperson.

📱Apple seeks to defend Google's billion-dollar payments in search case: Apple has asked to participate in Google's upcoming US antitrust trial over online search, saying it cannot rely on Google to defend revenue-sharing agreements that send the iPhone maker billions of dollars each year for making Google the default search engine on its Safari browser.

📱Elon Musk's X lifts price for premium-plus tier to pay creators: Elon Musk-owned X raised the price of its premium-plus plan in several markets from December 21 as the social media company looks to boost payment for creators on its platform.

🏅Sports

🏅Indian women on course for clean sweep against West Indies: India would aim to push their boundaries in the batting department when they face a down-and-out West Indies in the third and final Women's ODI on Friday (December 26, 2024). Following another series loss against the mighty Australia, India have been able to dominate the West Indies in home conditions.

🏅India vs Australia highlights, Boxing Day Test: Australia 311/6 at stumps vs India on Day 1 at MCG: India pegged back Australia to 311/6 at stumps on the opening day of the Boxing Day Test on Thursday, despite a fiery start from debutant Sam Konstas (60), who lit up the Melbourne Cricket Ground with a sensational half-century.

🏅Gukesh skips World Rapid and Blitz Championship: With the World Chess Championship wrapped up in Singapore, the FIDE is now set to organise the World Rapid and Blitz Championship. The tournament will be held from December 26 (early December 27 in India) to December 31 (early January 1 in India) in New York. D Gukesh, fresh from becoming the youngest-ever world chess champion, has decided to skip the Rapid and Blitz C’ship, and he will be back in action next year.

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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