"RELATIVE" · 총 312건
필터 보기현재 지수
49.5
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 77,574건을 분석한 결과, 뉴스 심리지수는 49.5(균형)입니다. 긍정 9,634건(12.4%)·중립 56,070건(72.3%)·부정 11,870건(15.3%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 19.8(중도 균형)입니다.
HIROSHIMA -- Kayoko Mori, wife of the late historian and atomic bomb survivor Shigeaki Mori, met in Hiroshima on June 3 with relatives of Joseph Dubin
According to police statements, the victims were meeting relatives of a bandit leader in an attempt to broker peace and ease restrictions on movement imposed on the community.
The Advance-Decline Ratio (ADR), a widely watched indicator of overall market health, was above one for May, pointing to growing investor confidence in mid and small-cap stocks despite weakness in the headline index.The monthly average ADR reading of all BSE stocks continued to remain strong as the ratio remained above one for two consecutive months. In May, the ratio was at 1.06 while the reading was at 1.5 in April, the highest since June 2020 in nearly six years. In June, the ratio has advanced to 0.86 as of Monday."The domestic investors continued to pump money into equities and midcaps typically attract retailers," said Jay Vora, technical analyst, Mirae Asset Sharekhan. "The large-caps however, bore the brunt of the foreign sell off," he said.The Nifty Midcap 100 index hit a record high in May and jumped 3.2% during the month, while the Nifty Smallcap 100 index rose 0.7%. The benchmarks Nifty and Sensex fell 2% and 2.8% respectively."Benchmark Nifty and the smallcap index remained 8-9% away from their peaks in May, while the midcap index scaled a fresh new high in the month," said Nilesh Jain, VP-head of Technical and Derivative Research, Centrum Finverse."This led to the divergence between the advance-decline ratio and benchmark Nifty," Jain said. 131599534Jain added that the smallcaps had slumped 24% from peaks but recovered almost 20% signaling that the rebound could sustain.An advancing Advance-Decline Ratio means more stocks are gaining and points to a strengthening market. While benchmark Nifty is likely to remain in a range, the broader market is expected to relatively outperform."The midcap index is holding above its breakout levels in May, and the momentum seems to be picking up in the smallcap index as well," said Vipin Kumar, AVP Equity Research & PMS (Derivatives & Technical Analyst), Globe Capital Market. For the Nifty Midcap 100, gains could extend to 63,500 levels while the Smallcap 100 index is expected to test its record high around 19,600 in June, he said."The midcaps and smallcaps are likely to outperform while the Nifty is anticipated to remain in a range with a negative bias," said Jain. "The largecaps are not looking promising currently and are likely to remain under pressure," he said.
Michael Scott was left reliving a nightmare when he received a frantic phone call telling him his 16-year-old grandson Tyler Wilson had entered the water and not resurfaced.
PESHAWAR/MANSEHRA: Following the emergence of a dissident group of lawmakers within the ruling PTI, Khyber Pakhtunkhwa Assembly Speaker Babar Saleem Swati seems reluctant to hold an assembly session, apparently fearing criticism against the provincial government by the party’s own MPAs over the question of Imran Khan’s continued imprisonment. Reports of rifts within the PTI emerged soon after the induction of new ministers, advisers and special assistants – who took oath on May 22. It is understood that some of the MPAs in question are unhappy after not being included in the provincial cabinet. The last sitting of the KP Assembly was held on May 18, which was adjourned by the chair till June 1. However, the house did not meet on the scheduled date, as the speaker first postponed it to June 8. The latest notification issued by the assembly secretariat on Sunday said that the sitting would now be held on Monday, June 15 at 2pm. One of the dissidents told Dawn that there were initially 25 of them, but the number had now risen to 30 over the past couple of days. The lawmaker was unwilling to name them, as that would expose them to pressure from the party and the chief minister to withdraw from their stance. “The four to five dissident lawmakers who can tolerate the pressure are known to everyone,” he said. MPA Mushtaq Ahmed Ghani, who is also among the dissidents, told Dawn that they have their own grievances and political stance, which would be presented on the floor of the house. He said that during a recent meeting, he had informed Speaker Swati that they were not a dissident group; they wanted a clear-cut announcement by the chief minister on plans for Imran Khan’s release. “We don’t need any incentives; our one-point agenda is the decisive movement for the release of Imran Khan,” Ghani told Dawn. He said that their other demands included arranging a meeting of party leaders and relatives with Imran Khan, providing him medical treatment through doctors of his choice at Shifa International Hospital, and expediting the court proceedings of his cases. Ghani noted that sporadic protesters outside Adiala Jail had proven to be ineffective, adding that they wanted to move towards “a permanent sit-in that continues until a logical conclusion”. When asked whether former chief minister Ali Amin Gandapur was leading the dissidents, he said that there was no one person leading the group; the lawmakers had come together on a single-point agenda, i.e., securing the release of the party’s founder. Another dissident legislator told Dawn on condition of anonymity that Chief Minister Sohail Afridi was perturbed by the rise of the dissident group. “The chief minister is trying to make the dissidents happy by including their development schemes in the Annual Development Program,” he claimed. When contacted, Speaker Babar Saleem Swati told Dawn that the assembly session would be convened after presentation of the federal budget in the National Assembly. However, it is worth noting that the KP Assembly has been in session for the last couple of months. On June 1, when the chief minister convened a parliamentary party meeting, only 57 out of the 92 lawmakers attended the meeting. This was where many MPAs complained to CM Afridi about corruption in government departments, poor law and order in the province and indifference to police, district administration and bureaucracy to their legitimate demands related to people’s issues. The next day, a group of dissidents wrote to interim party chairman Barrister Gohar Ali Khan, expressing concern over the “lack of efforts” by the leadership to secure Imran Khan’s release. Efforts to win dissidents over In the interim, the KP speaker and other party leaders are engaged in hectic politicking in a bid to win over the dissident lawmakers. Speaker Swati recently met with Ghani to defuse tensions, the latter told journalists in Mansehra. “Swati was here to defuse tensions with our group. We made it clear to him that we do not have any personal vendetta against the chief minister or any other in the government and firmly stand with PTI founding chairman Imran Khan,” Ghani said. One of the group’s leaders, privy to the meeting between Swati and Ghani, claimed that the former had offered the latter the position of senior provincial minister in the cabinet, which Ghani had declined. Ghani said that more than 30 MPAs were active members of their group. “We, all like-minded MPAs, whose number exceeds 30, have made it clear to the chief minister that if he stages a sit-in outside the National Assembly on June 10, we all will not return until the desired results are achieved,” he said. He said that if the government presented the budget in the assembly without a prior meeting between CM Afridi and Imran Khan, the group would boycott proceedings and would not help in its passage.
The United States has placed travel bans on more than 100 Nicaraguan officials and their family members as part of a broader campaign to punish the current government for human rights abuses. Secretary of State Marco Rubio said in a statement on Monday that the new sanctions were imposed in part because of the death last month of an imprisoned activist, Brooklyn Rivera, who criticised the policies of Nicaraguan President Daniel Ortega and his wife and co-president Rosario Murillo. “The United...
PESHAWAR/MANSEHRA: Following the emergence of a dissident group of lawmakers within the ruling PTI, Khyber Pakhtunkhwa Assembly Speaker Babar Saleem Swati seems reluctant to hold an assembly session, apparently fearing criticism against the provincial government by the party’s own MPAs over the question of Imran Khan’s continued imprisonment. Reports of rifts within the PTI emerged soon after the induction of new ministers, advisers and special assistants – who took oath on May 22. It is understood that some of the MPAs in question are unhappy after not being included in the provincial cabinet. The last sitting of the KP Assembly was held on May 18, which was adjourned by the chair till June 1. However, the house did not meet on the scheduled date, as the speaker first postponed it to June 8. The latest notification issued by the assembly secretariat on Sunday said that the sitting would now be held on Monday, June 15 at 2pm. One of the dissidents told Dawn that there were initially 25 of them, but the number had now risen to 30 over the past couple of days. The lawmaker was unwilling to name them, as that would expose them to pressure from the party and the chief minister to withdraw from their stance. “The four to five dissident lawmakers who can tolerate the pressure are known to everyone,” he said. MPA Mushtaq Ahmed Ghani, who is also among the dissidents, told Dawn that they have their own grievances and political stance, which would be presented on the floor of the house. He said that during a recent meeting, he had informed Speaker Swati that they were not a dissident group; they wanted a clear-cut announcement by the chief minister on plans for Imran Khan’s release. “We don’t need any incentives; our one-point agenda is the decisive movement for the release of Imran Khan,” Ghani told Dawn. He said that their other demands included arranging a meeting of party leaders and relatives with Imran Khan, providing him medical treatment through doctors of his choice at Shifa International Hospital, and expediting the court proceedings of his cases. Ghani noted that sporadic protesters outside Adiala Jail had proven to be ineffective, adding that they wanted to move towards “a permanent sit-in that continues until a logical conclusion”. When asked whether former chief minister Ali Amin Gandapur was leading the dissidents, he said that there was no one person leading the group; the lawmakers had come together on a single-point agenda, i.e., securing the release of the party’s founder. Another dissident legislator told Dawn on condition of anonymity that Chief Minister Sohail Afridi was perturbed by the rise of the dissident group. “The chief minister is trying to make the dissidents happy by including their development schemes in the Annual Development Program,” he claimed. When contacted, Speaker Babar Saleem Swati told Dawn that the assembly session would be convened after presentation of the federal budget in the National Assembly. However, it is worth noting that the KP Assembly has been in session for the last couple of months. On June 1, when the chief minister convened a parliamentary party meeting, only 57 out of the 92 lawmakers attended the meeting. This was where many MPAs complained to CM Afridi about corruption in government departments, poor law and order in the province and indifference to police, district administration and bureaucracy to their legitimate demands related to people’s issues. The next day, a group of dissidents wrote to interim party chairman Barrister Gohar Ali Khan, expressing concern over the “lack of efforts” by the leadership to secure Imran Khan’s release. Efforts to win dissidents over In the interim, the KP speaker and other party leaders are engaged in hectic politicking in a bid to win over the dissident lawmakers. Speaker Swati recently met with Ghani to defuse tensions, the latter told journalists in Mansehra. “Swati was here to defuse tensions with our group. We made it clear to him that we do not have any personal vendetta against the chief minister or any other in the government and firmly stand with PTI founding chairman Imran Khan,” Ghani said. One of the group’s leaders, privy to the meeting between Swati and Ghani, claimed that the former had offered the latter the position of senior provincial minister in the cabinet, which Ghani had declined. Ghani said that more than 30 MPAs were active members of their group. “We, all like-minded MPAs, whose number exceeds 30, have made it clear to the chief minister that if he stages a sit-in outside the National Assembly on June 10, we all will not return until the desired results are achieved,” he said. He said that if the government presented the budget in the assembly without a prior meeting between CM Afridi and Imran Khan, the group would boycott proceedings and would not help in its passage.
Interest earnings with a 6-month CD can be significant now, and they'll be available relatively quickly, too.
MUMBAI: Tata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai in a transaction with rental outgo of around Rs 1,420 crore over its total tenure of 10 years, underscoring the country’s largest IT services company’s long-term commitment to one of its key delivery hubs.This ranks among the largest office lease renewals and occupier commitments reported anywhere in India. The transaction assumes significance against the backdrop of growing concerns over the impact of artificial intelligence on employment in the technology sector.Several global and Indian IT companies have highlighted productivity gains from AI-led automation in recent quarters, fuelling debates around potential workforce rationalisation and slower hiring.The lease has been signed for space at Chennai One IT SEZ in Thoraipakkam. The agreement commenced on November 1, and covers a chargeable area of 14.66 lakh sq ft, showed documents accessed through Propstack, a realty data analytics platform.TCS will occupy the first to eighth floors across four towers in Block A (Alpha), along with the first, sixth, seventh, eighth and eleventh floors in Block B (Magnum). The leased premises have a carpet area of 11.29 lakh sq ft.The lease has been signed at a starting rental of Rs 70 per sq ft a month, translating into a monthly rental payment of about Rs 10.26 crore. The agreement carries a tenure of 10 years and is backed by a security deposit of Rs 94.64 crore.The lease agreement provides for a 12% escalation in rentals every three years. Based on the contracted rentals and the escalation structure, the total rental commitment over the 10-year tenure is estimated at approximately Rs 1,420 crore.ET’s email query to TCS remained unanswered until the time of going to press.TCS’ decision to retain and renew this nearly 1.5 million sq ft of office space for a decade signals continued confidence in its long-term operational footprint and workforce presence.Chennai continues to remain one of India’s most important technology markets, housing large campuses of domestic and multinational IT companies. The city’s established talent pool, relatively lower operating costs and robust office infrastructure have helped it maintain its position as a preferred destination for technology occupiers. The renewal comes at a time when India's office market continues to witness strong demand from technology firms, global capability centres (GCCs), financial services companies and engineering firms, driving sustained leasing activity across key markets.While artificial intelligence is reshaping workforce strategies and operational models, large occupiers continue to retain and expand their real estate footprints in major business hubs. Long-term lease renewals and large-format transactions have remained a key feature of the market, reflecting occupiers' preference for securing high-quality office assets in established micro-markets with access to talent, infrastructure and business ecosystems.
Yemen’s Houthis said on Monday that they would ban ships linked to Israel from the Red Sea after Israel renewed its military attacks on Iran, adding to concerns about global shipping and energy flows. This is why it matters and what it means for the Iran war and the global energy crisis: How big is the risk to global energy markets? Iran’s closure of the Strait of Hormuz since Israel and the United States attacked it on February 28 has disrupted most oil and other energy exports from the Gulf, raising prices and causing a major energy shock. Saudi Arabia has responded by diverting more than 70 per cent of its normal daily crude exports to the Red Sea port of Yanbu. That has been a lifeline for the energy market, helping to keep down global oil prices. Any sustained Houthi disruption to Red Sea shipping, including potential attacks on shipping or ports, could be a big problem. When the Houthis launched attacks on Red Sea shipping in November 2023, Gulf oil exports were flowing freely, meaning cargoes were diverted to avoid the Red Sea, but not halted. This time, they are being loaded there. A Houthi source told Reuters that preventing Israeli ships from transiting the Red Sea was “a first step” but that if escalation continued, the group would stop any ships heading to Israel as well as other measures. When the group attacked shipping during the Gaza war, its stated target of Israel-linked vessels included any vessel belonging to any company that used Israeli ports and its attacks on those ships dissuaded most companies from using the route. Who are the Houthis? The Houthis emerged as a military, political and religious movement in north Yemen in the 1990s, fighting guerrilla wars against the government in Sanaa. After the 2011 Arab Spring, they strengthened ties with Iran and seized on instability to capture the capital in 2014, derailing a Gulf-backed political transition plan. As Yemen’s civil war ground to a stalemate, the Houthis attacked oil installations and other infrastructure in Saudi Arabia and the United Arab Emirates with missiles and drones. However, a 2022 truce between Yemen’s warring sides has largely held. Iran champions the Houthis as part of its regional “Axis of Resistance”, which includes Lebanon’s Hezbollah and Iraqi groups, though its ties with the Yemeni movement are less clear than with those other groups. The Houthis do not recognise Iran’s supreme leader as their ultimate religious authority in the same way Hezbollah and the Iraqi groups do. Its motivations are mainly domestic, though it is ideologically aligned with Iran. The US claims Iran has armed, funded and trained the Houthis with help from Hezbollah. The Houthis deny being an Iranian proxy and say they develop their own weapons. What happened when the Houthis attacked Red Sea ships before? After the Oct 7, 2023 Hamas attack on Israel, and Israel’s devastating campaign in Gaza, the Houthis began firing at Israel and on international shipping in the Red Sea, saying they were doing so in support of Palestinians. The Houthi attacks in the Red Sea severely disrupted global shipping, prompting Maersk, Hapag-Lloyd and other major companies to divert around Africa — a far longer, more expensive route. A US-led mission to restore free navigation in the Red Sea involved repeated strikes on Houthi targets and a campaign that shot down hundreds of drones and missiles. But some Houthi attacks continued until last summer, only ending completely with the Gaza ceasefire in October. What have they done during the latest Iran war? While Hezbollah and the Iraqi groups joined the war early with rocket and drone fire after the first US and Israeli strikes on Iran, the Houthis have been comparatively quiet. The group’s leader Abdul Malik al-Houthi said on March 5: “Our fingers are on the trigger at any moment should developments warrant it”. Iranian military commanders have repeatedly warned the Houthis could join the war, with Revolutionary Guards Quds Force commander Esmaeil Qaani saying on June 1 they could choke off the Red Sea. But before this week, the group’s only involvement was a few missile and drone attacks on Israel in late March and early April. Why the Houthis have been relatively quiet so far is not entirely clear. They and Iran may have wanted to use the threat of another major energy route closure to warn Israel and the United States off further escalations. The Houthis may also feel less committed to Iran’s security than do Tehran’s other regional allies. And the group may not want to antagonise its powerful, wealthy neighbour Saudi Arabia and risk reigniting the conflict at home. Header image: Protesters, mainly Houthi supporters, rally to show solidarity with Palestinians in the Gaza Strip, in Sanaa, Yemen on July 5, 2024. — Reuters/File
Woman was walking her son and daughter to school bus stop when she came under attack. Daughter, who was walking slightly behind, has a narrow escape. Relatives refuse to give consent to post-mortem examination till a solution to elephant incursion is found, want govt. to take care of the children. Officials convene meeting, promise solution
Yemen’s Houthis said on Monday that they would ban ships linked to Israel from the Red Sea after Israel renewed its military attacks on Iran, adding to concerns about global shipping and energy flows. This is why it matters and what it means for the Iran war and the global energy crisis: How big is the risk to global energy markets? Iran’s closure of the Strait of Hormuz since Israel and the United States attacked it on February 28 has disrupted most oil and other energy exports from the Gulf, raising prices and causing a major energy shock. Saudi Arabia has responded by diverting more than 70 per cent of its normal daily crude exports to the Red Sea port of Yanbu. That has been a lifeline for the energy market, helping to keep down global oil prices. Any sustained Houthi disruption to Red Sea shipping, including potential attacks on shipping or ports, could be a big problem. A Houthi source told Reuters that preventing Israeli ships from transiting the Red Sea was “a first step” but that if escalation continued, the group would stop any ships heading to Israel as well as other measures. When the group attacked shipping during the Gaza war, its stated target of Israel-linked vessels included any vessel belonging to any company that used Israeli ports and its attacks on those ships dissuaded most companies from using the route. Who are the Houthis? The Houthis emerged as a military, political and religious movement in north Yemen in the 1990s, fighting guerrilla wars against the government in Sanaa. After the 2011 Arab Spring, they strengthened ties with Iran and seized on instability to capture the capital in 2014, derailing a Gulf-backed political transition plan. As Yemen’s civil war ground to a stalemate, the Houthis attacked oil installations and other infrastructure in Saudi Arabia and the United Arab Emirates with missiles and drones. However, a 2022 truce between Yemen’s warring sides has largely held. Iran champions the Houthis as part of its regional “Axis of Resistance”, which includes Lebanon’s Hezbollah and Iraqi groups, though its ties with the Yemeni movement are less clear than with those other groups. The Houthis do not recognise Iran’s supreme leader as their ultimate religious authority in the same way Hezbollah and the Iraqi groups do. Its motivations are mainly domestic, though it is ideologically aligned with Iran. The US claims Iran has armed, funded and trained the Houthis with help from Hezbollah. The Houthis deny being an Iranian proxy and say they develop their own weapons. What happened when the Houthis attacked Red Sea ships before? After the Oct 7, 2023 Hamas attack on Israel, and Israel’s devastating campaign in Gaza, the Houthis began firing at Israel and on international shipping in the Red Sea, saying they were doing so in support of Palestinians. The Houthi attacks in the Red Sea severely disrupted global shipping, prompting Maersk, Hapag-Lloyd and other major companies to divert around Africa - a far longer, more expensive route. A US-led mission to restore free navigation in the Red Sea involved repeated strikes on Houthi targets and a campaign that shot down hundreds of drones and missiles. But some Houthi attacks continued until last summer, only ending completely with the Gaza ceasefire in October. What have they done during the latest Iran war? While Hezbollah and the Iraqi groups joined the war early with rocket and drone fire after the first US and Israeli strikes on Iran, the Houthis have been comparatively quiet. The group’s leader Abdul Malik al-Houthi said on March 5: “Our fingers are on the trigger at any moment should developments warrant it”. Iranian military commanders have repeatedly warned the Houthis could join the war, with Revolutionary Guards Quds Force commander Esmaeil Qaani saying on June 1 they could choke off the Red Sea. But before this week, the group’s only involvement was a few missile and drone attacks on Israel in late March and early April. Why the Houthis have been relatively quiet so far is not entirely clear. They and Iran may have wanted to use the threat of another major energy route closure to warn Israel and the United States off further escalations. The Houthis may also feel less committed to Iran’s security than do Tehran’s other regional allies. And the group may not want to antagonise its powerful, wealthy neighbour Saudi Arabia and risk reigniting the conflict at home. Header image: Protesters, mainly Houthi supporters, rally to show solidarity with Palestinians in the Gaza Strip, in Sanaa, Yemen on July 5, 2024. — Reuters/File
While compensation from the airline and government has helped address immediate financial concerns, several relatives of the victims say no amount of money can replace the lives lost in one of India’s worst aviation tragedies
The continued rise in leverage among retail and high-net-worth investors through derivatives and margin trading facilities (MTFs) remains a key concern for the market, S Naren, Executive Director and CIO of ICICI Prudential AMC said at ICICI Securities India Investor Conference 2026.While there has been significant discussion around the sustainability of mutual fund inflows and SIP contributions, Naren believes leverage in the derivatives market poses a much bigger risk than any moderation in mutual fund investments.Also Read | Sensex down over 10K points from Dec peak. Should investors buy the dip, hold positions, or wait on sidelines? "The level of leverage in the derivatives market and the amount of margin trading funding taken from brokers have continued to increase. That is a concern because leverage among retail and HNI investors is rising," he said.According to Naren, even if SIP inflows witness a marginal slowdown, it is unlikely to pose a significant challenge as mutual fund investors are typically long-term participants who invest without leverage. In contrast, derivative traders often operate with borrowed money, increasing risks during periods of market volatility.He noted that margin trading facility exposure is currently at its highest-ever level, highlighting the growing appetite for leveraged market participation.Against this backdrop, Naren sees an interesting contrarian opportunity emerging in segments that have witnessed relentless foreign institutional investor (FII) selling over the last 20 months."If you look for something contrarian today, it would be stocks where FIIs have been persistent sellers over the last 20 months," he said.Among these, private sector banks stand out as one of the most attractive investment opportunities for long-term investors, according to Naren.He believes private banks could emerge as the best-performing sector over the next three years. One key reason is the significant reduction in foreign ownership resulting from sustained FII selling.Also Read | Four mutual funds restrict large inflows into gold ETFs and FoFs; Rs 25 crore cap imposed "FIIs used to have nearly 40% of their India portfolios allocated to private banks. Whenever they wanted to reduce exposure to India, private banks became the natural source of liquidity," Naren explained.As a result, FIIs have consistently sold private banking stocks over the last 20 months, creating a valuation opportunity for long-term investors willing to take a contrarian view.Beyond equities, Naren remains optimistic about India's debt markets following recent policy measures aimed at improving foreign investor participation.According to him, two critical factors that influence foreign investment in debt markets—currency stability and taxation—have both moved decisively in India's favour."In debt, there are two factors: currency and taxation. Both have turned very positive, which significantly improves India's attractiveness," he said.Naren believes these developments improve India's chances of gaining inclusion in global bond indices such as the Bloomberg Global Aggregate Bond Index and have contributed to a highly optimistic mood in the domestic debt market.He pointed out that bond yields have moved well below policy rates in several segments, particularly in three-year corporate bonds, creating attractive investment opportunities.However, Naren cautioned that the global fixed-income environment today is very different from what prevailed during the 2013 taper tantrum period.At that time, interest rates across much of the developed world were close to zero, making India's bond yields highly attractive to international investors. Today, investors can earn meaningful returns even in developed-market government bonds."US 30-year government bonds are yielding around 5%, and even Japanese government bond yields are at levels not seen for decades," he said.As a result, the yield differential between India and developed markets has narrowed significantly compared with 2013.Also Read | Gold and silver ETFs slip up to 8% amid Israel attack and crude oil spike. What should investors do? While India has strengthened its macroeconomic position considerably over the past decade, global investors now have a wider range of attractive fixed-income options available to them.Naren also highlighted the relatively small size of foreign portfolio investor exposure to Indian debt compared with equities.According to him, FPI debt investments remain only a fraction of FPI equity allocations. In contrast, foreign investors had built substantial equity positions in India during a period when domestic valuations traded at significant premiums to other emerging markets.He noted that Indian equities became exceptionally expensive after 2023 as domestic investors increasingly channelled savings into equities rather than debt."Valuations in India reached levels that were several times higher than markets like China. In such an environment, FIIs logically chose to reduce equity exposure," he said.At the same time, India has historically adopted a cautious approach towards opening its debt markets to foreign investors.Naren believes this measured approach has helped preserve financial stability while gradually increasing foreign participation in government securities.With improving debt market fundamentals, supportive policy measures, and attractive opportunities emerging in sectors overlooked by foreign investors, Naren sees both fixed income and select equity segments offering compelling opportunities for long-term investors.Commenting on the recent correction in Kospi, Naren said that it is a healthy correction but even now I don't think on market cap terms it is cheap.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.
Detectives of the Ogun State Police Command have uncovered a transnational criminal syndicate involved in staging fake kidnappings to extort ransom from relatives abroad, leading to the arrest of eight foreign nationals in the Agbado area of the state. The post Eight arrested as Ogun Police expose transnational kidnap-ransom fraud appeared first on Vanguard News.
Fruit sellers at roadsides and bazaars are bracing for Pakistan’s yearly mango madness. Their baskets are filled with the early Sindhri crop for now as they wait for the Punjab Langra and Dusehri, soon to be followed by the Chaunsa and Anwar Ratol. This year’s season arrives with as much anxiety as anticipation. Fluctuating temperatures, erratic rain and hailstorms early in the year, the period critical for flowering, fruit set and ripening, have damaged orchards across Punjab’s mango belt, covering Multan, Dera Ghazi Khan and Bahawalpur divisions in the south and Sahiwal, Faisalabad, Sargodha and Lahore in the central and northern parts of the province. The prolonged stagnation after last year’s floods weakened root systems and stressed trees already battered by climatic shocks. These setbacks, coupled with uncertainty in export markets amid tensions surrounding the US-Iran-Israel conflict, have kept growers, contractors and traders on the edge over the season’s fragility. “I can safely say that around 40 per cent of the crop in my area has been damaged,” said Rabia Sultan, a grower who cultivates several varieties, including Summer Bahisht, White Chaunsa, Anwar Ratol and Sindhri, across nearly 100 acres of fertile land in Kot Addu, South Punjab. Major Tariq Khan, director Lutfabad Farms and director operations Progressive Mango Growers Group, said the yield has been dropping over the last few years, but this year has been particularly “troublesome”. “If you drive through the mango-growing belt of South Punjab for instance, you’ll witness the extent of damage,” he said. Although the Dusehri and Langra have been spared somewhat as they develop earlier in the season. “They had matured before the early-season stress set in. Chaunsa and Ratol that ripen later in the season have been most affected.” Bad weather Usually, from the cool days of February to the scorching months of May and June, each stage of the mango cycle is delicately timed. The trees emerge from dormancy, begin flowering, pollinate, and eventually bear and ripen fruit in smooth succession. This year, however, abrupt temperature swings tore through this cycle. News reports, AccuWeather forecasts, and Pakistan Meteorological Department (PMD) outlooks say that February clearly departed from normal winter conditions across Punjab. It turned unusually warm, with day-time temperatures rising to 24°-28° Celsius and night-time lows ranging between 11°-14°. The PMD said the monthly mean was 17.1°, which is about 2.5° above average. If it was warmer, it was also parched. It rained 88.8pc less across Punjab in February, leaving orchards thirsty at a critical stage of crop development. Perhaps the only upside to this pattern was that it sped up flowering earlier than usual. “We surveyed the orchards in February and saw trees profusely laden with boor (flowering),” said Hafiz Asif Ur Rehman, Principal Scientist, Mango Research Institute in Multan. This development initially gave them the impression that 2026 would yield a bumper crop. Unexpectedly, the mercury stayed up as March rolled around, with day-time highs inching to between 32° and 37° — roughly 2° to 6° higher than normal. The night-time temperatures stayed at between 14° and 18° which was around 1° to 3° above normal for this time of the year. “The high temperatures during this flowering period suddenly reduced pollen viability,” said Riaz Hussain, a scientific officer at the Mango Research Institute. “[This] disturbed pollinator activity, and conducive flowering. It also caused some premature fruit to drop.” Worse, by mid-March, the pattern shifted again. Instead of temperatures transitioning into warmer degrees, they sank from the 30s to the 20s during the day. The night-time temperature remained more or less consistent. This contrast between an unusually hot start and a cooler, unstable end of the month, complicated the crop cycle. Many orchards showed uneven flowering, multiple fruit-setting waves, delayed fruit maturity, and “increased bator or malformed clusters that favour pest infestation, particularly mango hoppers and fungal problems,” said Hussain. April and May settled back into seasonal norms but sporadic hail, rain, and windstorms continued to disrupt the pattern. Temperatures would fall several degrees below average in affected areas. “Such bursts of temperature may scar the mango skin and make it less suitable for export and reduce its market value,” said Waqas Bucha, who manages 30 acres of orchards along Bosan Road in Multan. Drowning Even before the temperatures played up, prolonged waterlogging after the 2025 floods had damaged feeder roots, reduced soil aeration, and weakened overall tree physiology, particularly in low-lying orchards near riverine areas of Chenab. According to the Pakistan Society for Horticultural Science, last year more than 41,000 acres or over half of the total orchards in Multan, Shujabad, and Jalalpur were left under water. “The brunt fell on small and medium-aged orchards, where trees, still in their most productive years, were uprooted or severely stressed,” it said. In several areas, late vegetative growth remained tender for longer periods, making them more vulnerable to insect attacks and nutrient imbalance because saturated soils don’t absorb fertiliser the same way. These conditions created an environment for the hopper and other stubbornly resistant pests. Waqas Bucha has already sprayed pesticides twice, but the disease refuses to go away. Major Tariq Khan has done it thrice, yet the infestation persists. “In some areas,” he added, “farmers have gone up to eight sprays, but still cannot bring pests under control.” Dawn reported on May 13 that the Ministry of Commerce has extended the start of export season to June 1, 2026, saying it was doing so because of stakeholder requests and climatic shifts that have delayed fruit maturity, particularly for the Sindhri. Long-range shifts In the last five years Punjab has had a clear officially documented shift from seasonal stability to exceptional high heat and rainfall. It has prolonged summers, hitting up to 40°-45° Celsius, and shorter and milder winters, with day temperatures ranging between 18°-24° and night-time lows of 5°-10°, both reflecting an estimated 3° rise in mean temperature. Rainfall has become far more unstable. The 2022 monsoon delivered about 77 per cent above-normal rainfall while 2024 again recorded above-normal monsoon activity. Shrinking acreage Across the five-year trajectory, according to the Final Kharif Estimates by the Punjab Agriculture Department, the mango economy shows a clear move from a stable, productivity-led system to an expansion-driven model in which land increase is beginning to compensate for weakening efficiency per acre. In the early phase (2019-20 to 2020-21) the cultivated area was relatively stable, hovering around 240,000-244,000 acres. But yield fell 6pc from 143.79 to 135.02 maunds per acre. In the next phase (2021–22 to 2022-23) the area stayed at 244,500 acres, but yield dropped 4 per cent from 148 to 142 maunds. In 2023–24, the yield increased sharply to 173.5 maunds per acre despite unchanged acreage, possibly due to better weather. Last year, 2024–25, cultivated area jumped 55 per cent to 378,975 acres. But yield dropped to 148.4 maunds per acre, 14.5 percent lower. Dr Azeem Sardar, an Agricultural Development specialist with The Urban Unit, is clear that the changing weather is “one of the major reasons behind the lower mango yield.” Warning signs Tariq Khan’s area was once known for its thriving cotton fields, which were slowly abandoned by farmers who could not keep fighting climate change, pests and sinking yields. He fears mangoes could meet the same fate unless growers adapt. Hafiz Asif Ur Rehman said they advise farmers to adopt careful irrigation, like avoiding watering already wet soil, maintaining a green grass cover outside the canopy to reduce heat stress, spraying water on the sun-facing side of fruit-bearing trees during extreme temperatures above 45°C, and applying mulch under the canopy to regulate soil temperature. Farmers who combine good agricultural practices, such as timely pruning, nitrogen application during dormancy, and scheduled pesticide sprays, have been better able to protect their crops. Weather forecasting and early warning systems help, but Dr Azeem Sardar added that “climate-smart orchard management remains an evolving field in the country.” Experts say transitioning from traditional mango cultivation practices to climate-resilient approaches remains gradual and faces several challenges. “Many small and medium-scale farmers continue to rely on conventional farming practices due to financial limitations, lack of technical knowledge, and restricted access to efficient irrigation systems and quality inputs,” said James Robert Okoth, Officer in Charge, FAO Pakistan. Farmers are slow to pivot but so is government. “We have approached the climate change ministry, Muhammad Nawaz Sharif University of Agriculture, and other bodies, but it is always the same response, ‘yes, yes, let’s do something,’ and then nothing materialises,” he said. Around 92 per cent of mango growers in South Punjab are small landholders who don’t have the capacity to innovate or independently adapt to climate pressures. And each damaged crop and shrinking yield is spreading the fear that the king of fruit, the Pakistani mango may become another casualty of the global climate crisis.
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