A likely turnaround in profitability margins in the March quarter (Q4FY23) will not be enough to lift the outlook for paint stocks due to volatile crude oil prices and rising competition in the sector, analysts say. Hence, they advise investors to avoid the sector over the short-to-medium term despite the heavy correction in the stocks since last year. Shares of Asian Paints, Berger Paints, Indigo Paints, Nerolac and Pidilite have shed 6-32 per cent over the last 6 months versus a 3 per cent rise in the benchmark Sensex.
Officials said the entire forest area from Mendhar to Thanamandi remains under a strict cordon and a massive search operation is on to neutralise the terrorists moving from one place to another in an attempt to escape the dragnet.
The disclosure of files provided by India's second army chief General Sir Roy Bucher to Nehru Memorial Museum and Library about Jammu and Kashmir related to the period of 1947-49, which may throw light on Accession, is in 'national interest,' the central information commission has observed in an order.
The party's Jammu and Kashmir unit has taken note of the video of former MLC Randhawa and served him a show cause notice on Monday, asking him to explain his position within 48 hours and submit a public apology.
An army official said the slain youths were "hardcore terrorists" who used a lot of ammunition and grenades against the security forces during the encounter.
The number of terror incidents in Jammu and Kashmir has shown significant decline since the abrogation of Article 370 in August 2019, the Lok Sabha was informed on Tuesday.
A Lashkar-e-Toiba militant involved in the killing of a carpenter from Uttar Pradesh's Saharanpur recently was among two terrorists killed, while three security personnel were injured in an encounter in Shopian district of Jammu and Kashmir on Wednesday, officials said.
As many as 14,091 civilians and 5,356 security force personnel lost their lives to militancy in Jammu and Kashmir between the 1990s, when militancy first reared its head in the valley, and 2020.
The agency also conducted searches at 40 locations in other parts of the country, including New Delhi and Madhya Pradesh.
"As per the information provided by the Government of Jammu and Kashmir, two persons from outside Jammu and Kashmir have purchased two properties in the Union Territory of Jammu and Kashmir since August, 2019," he said.
A bench of Justices Surya Kant and JK Maheshwari set aside the pre-arrest bail granted to Indian Revenue Service officer Santosh Karnani on an appeal by the Central Bureau of Investigation.
Since LeT is involved and the outfit is run from Pakistan, so in a way Pakistan's involvement cannot be ruled out, the police chief told reporters.
"India cannot be run on the basis of one religion. And there is more threat from the enemy within. We know about the enemy which is outside," Abdullah said.
'I haven't experienced such a thing ever. It was beautiful.'
The two people arrested in Udaipur were alleged by the Congress to have links with the Saffron party.
Army Chief General M M Naravane carried out an aerial reconnaissance of forward areas on Wednesday and was briefed about the prevailing security situation along the Line of Control (LOC) in the Jammu region, officials said.
'Only 50-60 continued to remain behind bars and the rest were released'
'The Indian Army is there to give a second chance to any youth who accepts his mistakes and wants to surrender and come back to the mainstream. We, the uniformed forces, are here to save lives and not to take lives. The system, the entire administration, will facilitate not only their surrender but also ensure that they are well integrated back into the mainstream,' Lt Gen Y K Joshi said.
A five-judge constitution bench headed by Justice SK Kaul said it will consider whether the practice of excommunication in the Dawoodi Bohra community is a "protected" practice under the Constitution.
The Supreme Court on Tuesday asked the Centre to clarify its stand on whether it wants to go ahead with its curative petition seeking Rs 7,844 crore as additional funds from successor firms of the US-based Union Carbide Corporation (UCC) for giving compensation to victims of the 1984 Bhopal gas tragedy.
The Congress on Wednesday said senior party leader Ghulam Nabi Azad was consulted several times before finalising the names in the revamped Jammu and Kashmir unit of the party, rejecting reports that the former Union minister was not on board.
Two AK rifles and one INSAS rifle have been recovered from the spot.
'It was my first day on the sets of Jab Tak Hai Jaan and we were shooting the very first scene that you see in the film.'
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Additional director general of police Jammu region Mukesh Singh visited both the sites and said high explosives might have been used in carrying out the blasts which were of the same pattern.
In view of increased threat perception, the Jammu and Kashmir administration on Wednesday decided to immediately post Kashmiri migrants employed under prime minister's special package and other employees belonging to the Jammu division in "secured locations'' in the Valley by June 6, officials sources said.
"Modiji reminded that nation bows before Constitution and not him!"
Impressed with his composure and control over his swing, former India batsman Yuvraj Singh said J&K young fast bowler Rasikh Salam is going to emerge as a special player in the next two to three years.
Salam, who hails from Kulgaam district, was picked up by Mumbai Indians for his base price of Rs 20 lakh.
Former Jammu and Kashmir chief minister Farooq Abdullah on Saturday withdrew his name as the potential joint opposition candidate for the upcoming presidential elections, saying he has a 'lot more active politics' ahead of him, and that he wanted to contribute in navigating the Union Territory through the current 'critical juncture'.
After a turnaround in performance by Indian equity markets since July that has seen the S&P BSE Sensex and the Nifty50 wipe out the year-to-date losses, analysts suggest investors start nibbling into stocks that are focused on the domestic economy. While they say intermittent corrections, led by policies of global central banks and other economic data, cannot be ruled out, analysts expect India's relative outperformance among global equity markets to continue as it looks better placed with a healthy economic recovery, and remains one of the fastest growing major economies. In this backdrop, Neeraj Chadawar, head of quantitative equity strategy at Axis Securities, believes that amid global slowdown, aggressive tightening by the central banks, and preference for domestic interests first (by the local government), export-oriented themes are likely to be muted or will deliver conservative returns in the near-term.
Akash sustained a bullet injury while covering the communal clashes in Maujpur locality. NDTV said its journalist Arvind Gunasekar was hit by rioters while he was at one of the spots in northeast Delhi and lost a tooth. His fellow reporter, Saurabh, who tried to shield him, was punched.
Before repeal of Article 370 and Article 35-A in August last year, non-residents could not buy any immovable property in Jammu and Kashmir. However, the fresh changes have paved the way for non-residents to buy land in the union territory.
A day earlier, the properties of two people accused of rioting were demolished in Saharanpur where stone-pelting had taken place as well.
Global trends, WPI inflation data for April and the ongoing quarterly earnings of corporates would be the major driving factors for the stock markets, analysts said. Investors would also keep a tab on the movement of foreign institutional investors who are on a selling spree in the domestic equity market for the past many days. "Inflation concern and monetary tightening across the globe are key concerns for the equity markets. "Equity markets are under the strong grip of bears however they look extremely oversold and due for a pullback rally.
Saxena, 64, will succeed Anil Baijal who resigned from the post last week citing "personal reasons".
The Supreme Court on Wednesday granted eight-week interim bail to Union minister Ajay Kumar Mishra's son Ashish in the 2021 Lakhimpur Kheri violence that had left eight people dead.
IAF conducts the air show, Srinagar and the government is part of the ongoing 'Azadi ka Amrit Mahotsav' celebrations
Aseem Chhabra and Sukanya Verma -post their predictions for the major categories.
Several incriminating documents and electronic devices were seized, the NIA said in a statement. Those whose premises were searched include Falah-e-Aam Trust, Charity Alliance in Delhi, Human Welfare foundation, J-K Yateem Foundation, Salvation Movement and JK Voice of Victims.
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