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Markets tumble in early trade as rising oil prices dent sentiment; Sensex drops 553 points

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Markets tumble in early trade as rising oil prices dent sentiment; Sensex drops 553 points

Market benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged by a sharp rally in crude oil prices due to the renewed flare-up in West Asia.

Fresh foreign fund outflows and a weak trend in global peers also put pressure on the markets.

The 30-share BSE Sensex dropped 552.99 points to 77,063.41 in early trade. The 50-share NSE Nifty declined 160.45 points to 24,050.55.

From the Sensex pack, InterGlobe Aviation, HCL Tech, Bajaj Finance, Mahindra & Mahindra, UltraTech Cement and Larsen & Toubro were the biggest laggards.

Bharti Airtel, Tata Consultancy Services, Adani Ports and Tata Steel were among the winners.

Brent crude, the global oil benchmark, quoted 1.63 per cent higher at USD 84.60 per barrel.

“There are some headwinds blowing again which might impact the Indian market in the near-term. The escalation of US-Iran conflict has pushed Brent crude to USD 84. If this spike continues it will again start impacting India’s macros,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

In Asian markets, South Korea’s Kospi traded 3.71 per cent lower. Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index were also quoting lower.

US markets ended in negative territory on Monday.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,062.27 crore on Monday, according to exchange data.

On Monday, the Sensex went up by 47.01 points, or 0.06 per cent, to settle at 77,616.40. The Nifty eked out a marginal gain of 4.10 points, or 0.02 per cent, to end at 24,211.

Pune building collapse: FIR against 2 officials of pvt company for negligence, safety lapses

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Pune building collapse: FIR against 2 officials of pvt company for negligence, safety lapses

Police have registered a case against two officials of a private energy company in connection with the collapse of a three-storey building at the waste-to-energy project in Pune district which killed nine persons, officials said on Tuesday.

Ashok Gupta, project head of Antony Lara Renewable Energy Pvt Ltd, and Vijay Sapkal, the safety officer at the plant, have been booked under Bharatiya Nyaya Sanhita sections 105 (culpable homicide that does not amount to murder), 125 (rash or negligent act that endangers human life) and other relevant provisions, they said.

The company operated the facility at Moshi in Pimpri Chinchwad where the incident occurred on July 8.

The complaint, registered by Pimpri Chinchwad Municipal Corporation (PCMC) officials, stated that no safety measures were taken despite knowing that the heavy rains could pose a danger to the sanitary landfill (SLF) at the location.

“As no security measures were adopted, a portion of SLF (mound of legacy waste) collapsed on the three-storey building on July 8, claiming nine lives,” the FIR states.

The three-storey administrative building of a waste-to-energy plant run by the PCMC collapsed after the mound of garbage crashed onto the structure like a landslide, killing nine individuals.

On Monday, the civic body stated that a preliminary inquiry into the incident showed that an occupancy certificate had been issued only for the ground floor on the firm’s request.

The Maharashtra government has constituted an independent high-level technical inquiry committee to investigate the incident, PCMC Commissioner Dr Vijay Suryavanshi said.

The company prima facie failed to ensure safety at the plant despite continuous heavy rainfall and did not take adequate precautions even though a massive mound of legacy waste was located adjacent to the residential building that collapsed, he said.

Suryawanshi said the Urban Development Department has appointed an independent committee to conduct a “fair and comprehensive technical inquiry” into the incident and recommend measures to prevent such accidents in future.

The committee will be headed by Divisional Commissioner Sheetal Teli-Ugale and includes the regional officer of the Maharashtra Pollution Control Board, DN Singh of the Indian Institute of Technology (IIT) Bombay’s structural engineering department, and environmental and solid waste management expert Anil Kumar Dixit.

The assistant commissioner (disaster management) will serve as the member secretary, the civic chief said.

“The government has constituted a completely independent committee to investigate the incident and suggest measures to prevent such incidents in future,” Suryawanshi added.

Fresh Batch Of Over 5,300 Shri Amarnath Yatra Pilgrims Leaves From Jammu

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Fresh Batch Of Over 5,300 Shri Amarnath Yatra Pilgrims Leaves From Jammu

A fresh batch of more than 5,300 Shri Amarnath Yatra pilgrims on Tuesday left the Bhagwati Nagar Yatri Niwas base camp in Jammu for the twin base camps of the cave shrine in the South Kashmir Himalayas amid tight security arrangements.

Officials said that 5,335 pilgrims left the base camp early this morning in a fleet of 232 light and heavy motor vehicles.

The batch comprised 1,736 pilgrims bound for the Baltal base camp and 3,599 for the Pahalgam base camp. The pilgrims departed under a multi-layered security grid, with coordinated arrangements by the civil administration, police, security forces, and the Shri Amarnath Shrine Board to ensure the Yatra is conducted safely, securely, and smoothly.

Meanwhile, more than 2.5 lakh pilgrims from different parts of the country have visited the cave shrine during the first eight days of the Yatra.

The Jammu and Kashmir administration has appealed to pilgrims to undertake the pilgrimage only after obtaining confirmed registration and on their scheduled date of travel, as no unregistered pilgrim will be allowed to proceed to the base camps.

Jammu and Kashmir Lieutenant Governor Manoj Sinha flagged off the first batch of the Yatra from Jammu on June 2.

ALC Kishtwar convenes meeting with power project officials for effective implementation of Labour Codes

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ALC Kishtwar convenes meeting with power project officials for effective implementation of Labour Codes

KISHTWAR, JULY 13: Assistant Labour Commissioner (ALC) Kishtwar Mamta Sudershan today convened a meeting with representatives of power projects and establishments operating in the district, under the directions of Deputy Commissioner Kishtwar Pankaj Kumar Sharma, to ensure effective implementation of the Four Labour Codes: Code on Wages 2019, Industrial Relations Code 2020, Code on Social Security 2020 and Occupational Safety, Health & Working Conditions Code 2020.

Power project authorities and other establishments were directed to furnish exact details of workers engaged by them, including company employees and PRW workers, to facilitate implementation of labour welfare provisions. The ALC instructed all establishments to designate a nodal officer for each power project and establishment to ensure coordination with the Labour Department and timely compliance with the Codes.

Mamta Sudershan briefed participants on key features and objectives of the Four Labour Codes, which aim to simplify labour laws, ensure wage security, strengthen social security coverage, enhance occupational safety and provide better working conditions for workers.

A Google Form along with a QR code has been shared by the Office of the Assistant Labour Commissioner, Kishtwar, the meeting was informed, and establishments were asked to scan the code, access the form and submit the required details after completing the awareness process. The office is also preparing a micro plan for a month-long awareness and implementation campaign, under which a schedule has been prepared to cover construction workers, shopkeepers and workers in unorganised sectors across the district.

Rakesh Malhotra Appointed as Co-Convenor of BJP Urban Local Body Cell, J&K-UT

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Rakesh Malhotra Appointed as Co-Convenor of BJP Urban Local Body Cell, J&K-UT
Jammu, July 13: Bharatiya Janata Party (BJP), District Jammu, has appointed Shri Rakesh Malhotra of Akhnoor as the Co-Convenor of the BJP Urban Local Body Cell, Jammu & Kashmir Union Territory, with immediate effect.
The appointment has been made by Ved Raj Sharma, Incharge, BJP Urban Local Bodies Cell, in consultation with senior party leadership, including Shri Sat Pal Sharma (CA), Member of Parliament (Rajya Sabha), Shri Ashok Kaul, BJP General Secretary (Organisation), J&K-UT, and Shri Rakesh Mahotra. The appointment aims to strengthen the functioning of the Urban Local Body Cell and ensure effective coordination of its activities across the Union Territory.
On the occasion, party leaders congratulated Shri Rakesh Malhotra and expressed confidence that his experience, commitment, and dedication to public service would further reinforce the party’s organizational structure and outreach at the grassroots level.
Expressing his gratitude, Shri Rakesh Malhotra thanked the BJP leadership for reposing faith in him and assured that he would work with sincerity and dedication to strengthen the Urban Local Body Cell and serve the people of Jammu & Kashmir in accordance with the party’s vision of “Seva Hi Sangathan, Sangathan Hi Shakti.”

Heavy security cover around Naqshband Sahib graveyard in Srinagar, access curtailed

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Heavy security cover around Naqshband Sahib graveyard in Srinagar, access curtailed

The lieutenant governor’s administration Monday imposed restrictions in several parts of Srinagar to prevent people from assembling at the martyrs’ graveyard in Naqshband Sahib area of the city.

While the area within a one-kilometre radius of the graveyard was sealed off on Sunday, barricades were set up in the old city and some parts of the civil lines area as a precautionary measure, officials said.

They further informed that police and paramilitary forces have been deployed in strength to meet any eventuality and maintain law and order.

Locals observe July 13 to commemorate protestors who fell to the bullets of Maharaja Hari Singh’s soldiers in 1931.

A siege of concertina wires, plastic barricades, GI sheets and poles has been laid near Nowhatta to prevent the leaders’ march to the graveyard today.

Education Minister Sakina Ittoo posted on social media a video of herself trying to reach the graveyard at 4.30 am to pay tributes to the fallen men, but claimed she was stopped by security forces.

“I tried to visit the Mazar-e-Shuhada at 4.30 am today to pay my humble tributes to our martyrs of 13th July. However, due to the heavy deployment of security forces and extensive barbed-wire barricading around the graves, I was prevented from entering. I was accompanied by the Provincial President of the JKNC Women’s Wing @sabiya_qadri Ji,” the minister said in a post on X.

Sources in the establishment said the restrictions have been imposed in the city to prevent a repeat of last year’s drama, when Chief Minister Omar Abdullah scaled a fence to offer tributes after police locked the gates.

The police in the Union Territory of Jammu and Kashmir report to the lieutenant governor.

Last year, ahead of the day, Omar Abdullah and many other leaders were put under house arrest.

Despite restrictions, National Conference president Farooq Abdullah took an autorickshaw from the Khanyar crossing to the memorial, while Education Minister Sakina Itoo surprised everyone by riding pillion on a scooter to join the veteran politician.

The chief minister climbed over the main gate of the graveyard to offer ‘fateha’. His security men and several other party leaders followed him, eventually forcing the police to open the gate.

On July 13, 1931, 22 people were gunned down by the Dogra army outside Srinagar’s central jail.

In 2020, the LG-led administration dropped the day from the list of gazetted holidays

Fresh batch of 7,754 Amarnath pilgrims leaves Jammu under tight security

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Fresh batch of 7,754 Amarnath pilgrims leaves Jammu under tight security

Amid tight security, over 7,700 devotees departed from Jammu on Monday in the twelfth batch for the twin base camps of the annual Amarnath Yatra in the Kashmir Valley.

So far, more than 252,000 pilgrims have paid their respects at the ice Lingam of Lord Shiva, located at the 3,880-metre-high cave shrine.

Officials stated that a total of 7,754 pilgrims left in 303 vehicles, which included 5,383 men, 2,071 women, 222 sadhus, 58 sadhvis, 16 children, and 4 transgender individuals.

The convoy was divided into two separate groups. The Baltal axis convoy, consisting of 133 vehicles and carrying 2,896 pilgrims, departed at 3.30 am, while the Pahalgam axis convoy, made up of 4,858 pilgrims in 170 vehicles, left at 4.05 am.

With Friday’s departure, a total of 87,701 pilgrims have left the Jammu base camp for Kashmir since the yatra commenced on July 2.

The Bhagwati Nagar base camp echoed with chants of “Bam Bam Bhole”, “Har Har Mahadev” and “Jai Barfani Baba Ki” as devotees began their pilgrimage.

Many pilgrims expressed satisfaction with the arrangements made for the smooth conduct of the yatra.

The 57-day annual pilgrimage to the holy cave shrine is scheduled to conclude on August 28.

BJP Serves Legal Notice to CM Omar Abdullah Over Alleged Defamatory Remarks, Seeks ₹100 Crore Damages

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BJP Serves Legal Notice to CM Omar Abdullah Over Alleged Defamatory Remarks, Seeks ₹100 Crore Damages

The Bharatiya Janata Party (BJP) has served a legal notice to Jammu and Kashmir Chief Minister Omar Abdullah, accusing him of making false, baseless and defamatory allegations against the party during a convention in Srinagar on July 11.

The notice, dated July 13 and issued through advocate Parimoksh Seth on behalf of the BJP’s Jammu and Kashmir unit, states that the party was acting on the instructions of Sat Paul Sharma, Rajya Sabha MP and BJP J&K president.

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According to the notice, Abdullah allegedly claimed that BJP functionaries had approached National Conference MLAs from the Jammu region with offers of ₹20–30 crore, ministerial positions and restoration of statehood in an attempt to persuade them to switch allegiance. It also alleges that he accused a senior BJP functionary, who is a lawyer practising in the Supreme Court, of offering bribes to NC legislators. The BJP has denied the allegations, describing them as false, malicious and without any factual basis.

The legal notice states that the remarks, which were widely reported in the print, electronic and social media, have damaged the party’s reputation and image. It contends that the statements amount to defamation and are actionable under civil and criminal law.

The BJP has demanded that Abdullah withdraw the allegations in writing, issue an unconditional public apology within seven days of receiving the notice, refrain from making or circulating any further defamatory statements, and immediately cease repeating the allegations.

The notice warns that failure to comply within the stipulated period would compel the party to initiate appropriate civil and criminal proceedings, including a defamation suit seeking damages of ₹100 crore, along with other legal remedies available under law.

Yastika Bhatia scripts history for India, becomes first woman to score Test century at Lord’s

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Yastika Bhatia scripts history for India, becomes first woman to score Test century at Lord’s

India batter Yastika Bhatia became the first-ever woman cricketer to score a Test century at Lord’s, producing a memorable 113 against England to etch her name on the iconic honours board and add another glorious chapter to Indian cricket’s rich history at the ‘Home of Cricket’.

The left-hander’s landmark knock came in India’s second innings of the one-off Test, making her the first woman to register a century at Lord’s since women’s Test cricket began at the historic venue. In the process, Bhatia joined an elite list of 13 Indian batters that includes Vinoo Mankad, Dilip Vengsarkar, Mohammad Azharuddin, Sourav Ganguly, Rahul Dravid, KL Rahul and Ajinkya Rahane, all of whom have scored Test hundreds at Lord’s.

Resuming her innings on 39 not out on Day 3 of the one-off Test match, Bhatia batted with remarkable composure and fluency. She reached her maiden Test century off 145 deliveries with a classy drive through extra cover and celebrated the milestone with an emotional punch of the air.

Her innings of 113 featured 14 boundaries before she was caught at extra cover while attempting to loft England spinner Sophie Ecclestone. As she walked back, Bhatia received a standing ovation from spectators and members of the Marylebone Cricket Club (MCC), while several England players applauded her historic effort.

Bhatia’s century capped an impressive comeback tour after returning to international cricket earlier this year following knee surgery. She had begun the England tour with a half-century in the opening T20I before finishing it with the biggest innings of her Test career.

India’s commanding second-innings total was also built around useful contributions from Smriti Mandhana (70) and Richa Ghosh, whose unbeaten 50 helped the visitors declare on 341/7 and set England a daunting target of 457.

LG Manoj Sinha reviews Amarnath Yatra arrangements, visits pilgrims at Baltal base hospital

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LG Manoj Sinha reviews Amarnath Yatra arrangements, visits pilgrims at Baltal base hospital

Lieutenant Governor Manoj Sinha on Friday visited the base hospital at Baltal, interacted with pilgrims undertaking the Amarnath Yatra and reviewed the arrangements made for the annual pilgrimage, which is continuing under heightened security.

During his visit, the Lieutenant Governor met devotees at the hospital and took stock of the facilities and overall preparedness for the Yatra.

The Amarnath Yatra-2026 is continuing with multi-layered security arrangements across the pilgrimage route. The Central Reserve Police Force (CRPF) has deployed Road Opening Parties (ROPs) along National Highway-44 to ensure the safe movement of pilgrims.

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