Four Naxals killed in encounter with security forces in Gadchiroli; searches underway

A police statement said that sketches had been released of three terrorists who are moving in the upper reaches of Doda and Dessa area.

Police said that the three ultras were involved in the recent terror incidents at Urar Bagi area of Dessa and a cash reward of Rs 5 lakh for providing information leading to their capture has been announced.

“J&K Police, District Doda appeals to the general public to provide information about the presence/movement of these terrorists to police”, the statement said.

Mobile numbers of police officers have also been given in the statement for people to pass on the information.

Police said the names of persons giving such tip-offs would be kept secret.

(IANS)

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District Magistrate, Ballia, Praveen Kumar Lakshyakar shared information on the incident and said, "A pick-up van of school children lost control and hit a parked truck, killing one and injuring other 15 students early this morning near Kapuri Narayanpur under the Fefna police station area in Ballia district."

"The injured are being treated at the district hospital. The condition of three to four students remains critical.

The District Magistrate said that the tragic incident took place on Saturday morning when the students were leaving for school in a pickup van that suddenly went out of control and rammed into a parked truck.

Adding further, the DM said, "A child was brought in brain dead at the hospital. Three to four children are critical, out of them we have referred two to Varanasi and the rest have been kept here in the Intensive Care Unit (ICU) and Critical Care Unit, all the doctors' team is providing treatment."

An investigation into the matter is underway.

Further details on the matter is awaited.

(ANI)

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As per data from the National Securities Depository Limited, last week foreign investors injected Rs 15,420 crore into Indian markets, but their buying declined significantly for the week July 22-26.

So far in July, the net investment by FPIs in the equity market stands at Rs 33,688 crore. This year's total investment by foreign investors has now surged to Rs 1,39,010 crore.

"The Budget 2024-25 has not sparked any significant excitement in the market, while it was both populist and prudent. The increase in short- and long-term capital gains taxes added to the volatility on budget day. Although the government's emphasis on fiscal discipline and growth is appealing, FIIs are cautious due to current high valuations and muted expectations for Q1FY25 results" said Vinod Nair, Head of Research at Geojit Financial Services.

He further added, "Meanwhile, DIIs continue to employ a 'buy on dips' strategy, which contributed to market gains on the week's last trading day, particularly in the pharma, auto, metal, IT, and FMCG sectors."

The volatility of FPI flows extends beyond India, affecting other markets as well. Countries like Brazil, Indonesia, Malaysia, Philippines, and South Korea have witnessed FPI inflows this week while the markets in Taiwan, Thailand, and Vietnam have experienced outflows.

"Market focus has swiftly moved on from the Union Budget, unveiled in the week, to the ongoing Q1FY25 earnings season. The FY2025 Union Budget delivered a judicious balance between capital expenditure, fiscal prudence, and welfarism. FPI flows are expected to remain volatile" said Shrikant Chouhan, Head of Equity Research, Kotak Securities.

This year's trend in foreign investment has been erratic. Foreign investors were net sellers in January, April, and May, cumulatively selling equities worth around Rs 60,000 crore. However, they turned into net buyers in February, March, and June, with cumulative purchases amounting to Rs 63,200 crore. 

(ANI)

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