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Markets extend winning run to 4th day on fresh foreign fund inflows

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Sensex, Nifty open lower as Trump tariffs trigger global sell-off

Mumbai, Jun 27: Equity benchmark indices Sensex and Nifty advanced for the fourth straight session on Friday, supported by buying in blue-chips ICICI Bank and Reliance Industries amid fresh foreign fund inflows.

A strengthening rupee against the US dollar and softening crude oil prices in international markets also boosted investor confidence, according to traders.

The BSE Sensex climbed 303.03 points or 0.36 per cent to reclaim the 84,000 level and settle at 84,058.90. During the day, it jumped 333.48 points or 0.39 per cent to 84,089.35.

As many as 2,251 advanced, while 1,760 declined and 154 remained unchanged on the BSE.

On the similar lines, the 50-share NSE Nifty rose 88.80 points or 0.35 per cent to 25,637.80.

On the weekly front, the BSE benchmark surged 1,650.73 points or 2 per cent, and the Nifty climbed 525.4 points or 2 per cent.

“Benchmark indices Nifty and Sensex closed on a firm footing on Friday, capping off the week with robust gains. The rally was underpinned by de-escalation in geopolitical tensions post the Israel-Iran ceasefire and growing optimism surrounding a prospective US-India trade pact, which acted as key macro tailwinds. On a weekly basis, both frontline indices logged gains of 2 per cent,” according to Bajaj Broking market commentary.

From the Sensex pack, Asian Paints, UltraTech Cement, Power Grid, ICICI Bank, Reliance Industries, Hindustan Unilever, Bharat Electronics and Sun Pharma were among the major gainers.

In contrast, Trent, Eternal, Axis Bank and Titan were among the laggards.

Shares of Akzo Nobel India jumped 6.65 per cent to close at Rs 3,405 per share on BSE after JSW Paints Ltd announced the acquisition of a majority stake in the firm.

Sajjan Jindal’s JSW Paints on Friday announced the acquisition of Dutch paint maker Akzo Nobel’s India unit in a Rs 12,915-crore deal to become the fourth-largest player in the paint industry in the country.

JSW Paints will acquire a 74.76 per cent stake in Dulux paint maker Akzo Nobel India for Rs 8,986 crore and launch an open offer to buy another 25 per cent from the open market for up to Rs 3,929.06 crore.

“Key catalysts like the ceasefire in the Middle East and optimism on easing trade tensions ahead of the deadline have cleared the clouds in the minds of investors. After consecutive days of selling, FIIs have turned into net buyers in the domestic market, contributing to improved market stability in the near term.

“Moreover, benign oil prices and a strengthening rupee influenced investors to focus on domestic growth themes,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

The BSE smallcap gauge climbed 0.54 per cent, and the midcap index went up by 0.38 per cent.

Among BSE sectoral indices, oil & gas jumped 1.21 per cent, services (1.17 per cent), power (1.14 per cent), commodities (1.11 per cent), energy (1.10 per cent), utilities (0.99 per cent) and telecommunication (0.90 per cent).

Foreign Institutional Investors (FIIs) bought equities worth Rs 12,594.38 crore on Thursday, according to exchange data.

In Asian markets, Japan’s Nikkei 225 index settled higher, while South Korea’s Kospi, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng ended lower.

Greater Kashmir

J&K Sports Council boosts football training in Srinagar

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YSS Anantnag organises U-19 boys football tournament

Srinagar, Jun 27: The Friday Football School at TRC Ground, Srinagar, continues to draw budding footballers every week, emerging as a key grassroots development initiative under the banner of the J&K Sports Council.

Held every Friday, as per a statement issued by J&K Sports Council, the structured training programme is nurturing a new generation of players through expert coaching, discipline, and regular mentorship.

The sessions witness enthusiastic participation of budding players, guided by certified coaches and mentors. This initiative not only promotes early sporting discipline but also strengthens the talent pool for future competitive platforms.

Greater Kashmir

Dr Farooq Abdullah offers Friday prayers at Hazratbal Shrine

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Will move Supreme Court if statehood to J&K is delayed further: Farooq Abdullah

Srinagar, Jun 27: National Conference (NC) President Dr Farooq Abdullah, offered the congregational Friday prayers at the Hazratbal Shrine here today.

Dr Farooq joined the devotees in prayers, seeking divine blessings for peace, unity, and the overall well-being of the people of Jammu and Kashmir. He also prayed for strength and resilience for the region in the face of ongoing challenges, a press release said.

Following the prayers, NC President interacted with devotees and local residents, emphasising the spiritual and cultural significance of Hazratbal and the need to uphold the values of compassion, tolerance, and communal harmony.

 

Greater Kashmir

US Supreme Court limits courts’ ability to issue nationwide injunctions, win for Trump: CNN

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12 US states sue Trump administration over 'illegal tariffs'

New Delhi, Jun 27: The US Supreme Court has ruled in favour of limiting the power of lower courts to issue sweeping nationwide injunctions, delivering a significant win to President Donald Trump, CNN reported on Friday.

The ruling restricts the ability of plaintiffs to secure court orders that temporarily block the federal government from enforcing policies nationwide, a legal tool that has frequently stalled presidential actions in recent years. According to CNN, this decision could have far-reaching consequences for future administrations, regardless of political affiliation.

Trump had long criticised the federal judiciary for issuing broad orders that halted key parts of his agenda, including immigration restrictions, budgetary changes, and attempts to reshape federal agencies. CNN noted that Friday’s ruling vindicates a central complaint of his presidency: that courts were overreaching by imposing nationwide blocks on executive action. However, the court also appeared to cast doubt on Trump’s effort to eliminate birthright citizenship, signalling that the controversial plan may never come into effect, reports CNN.

Greater Kashmir

BJP betraying people on statehood: Sadhotra

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BJP betraying people on statehood: Sadhotra

Jammu, Jun 27: National Conference Additional General Secretary and Former Minister Ajay Kumar Sadhotra today slammed BJP for betrayal on the restoration of Statehood to Jammu and Kashmir, a matter of grave importance that transcends party lines, religious beliefs, regional identities, and caste divisions.

In a statement, Sadhotra said that the prolonged denial of political rights to the people of Jammu and Kashmir has significantly undermined the region’s development, hindered economic progress, and diluted the sense of political empowerment among politically sagacious and self respecting people in this part of the country.

“The BJP can no longer hide behind vague statements made in Parliament. It must walk the talk. The people of Jammu and Kashmir deserve clarity and commitment, not empty assurances,” Sadhotra said and reminded the Central Government of the solemn affirmation it had made before the Supreme Court regarding the eventual restoration of statehood to the Union Territory.

Greater Kashmir

Must heads roll, or not?

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Must heads roll, or not?

Srinagar, Jun 27: Two years ago, the J&K government ordered that the Government Medical Colleges (GMCs) and Government Dental Colleges (GDCs) in J&K implement rotatory headship ñ after every two years, the head of the departments would move aside and make way for a new head, the next senior most professor in the department.

This June, the order was set to make new heads, but the status quo maintained by the college administrations has brewed ambiguity among the faculty of these institutions.

On June 10, 2025, the National Medical Commission (NMC) proposed a three-year rotatory headship and the departments will be headed by professors and associate professors who are eligible to become professors, who hold medical postgraduate degrees, based on seniority in the department.

The commission has invited feedback on the ëPost Graduate Medical Education Regulation (2025)í.

While this proposal may or may not be implemented in J&K, the Lieutenant Governor on June 22, 2023, issued an order 527-JK (HME) of 2023 which sanctioned the adoption of a new procedure for becoming Head of the Department in GMCs and GDCs of J&K.

One, the departments with only one professor would be headed by that professor and in the departments with multiple professors, the post of HoD will be rotated among the professors every two years as per seniority.

In GMC Srinagar, two senior professors were accorded the designation of HoDs on June 26.

The order was to be implemented in 2025, with no consideration for the number of years already served as HoD.

However, as June 2025 approaches the end, faculty in medical and dental colleges of J&K await word on the next change due.

While several faculty members are in favour of rotatory headship, many others feel it is not in the best interest of the departments.

A former principal of GMC while speaking to Greater Kashmir said that the J&K governmentís order issued in 2023 is a violation of NMC guidelines which proposes a three year rotation.

He said rotationary headships were not implemented in institutions of repute like PGI Chandigarh and AIIMS.

ìRotatory headship will give birth to anarchy with a multiple number of ex-HOD with no defined role,î he said.

A faculty member of one of the institutions under the ambit of change, who was also opposed to the idea of rotatory headship, said that departments with only one professor will strive to remain departments with only one professor to retain the chair.

ìMoreover, it is another backstab on open merit. The order is meant to hand headship over to candidates who were low in merit at the time of selection,î he said.

On the other hand, many people who are next in the line for headship feel that order gives them a chance to head the department.

ìSome heads remain heads of department for decades, till their retirement and meanwhile, more people lose the chance to become heads,î a faculty member said.

He said that order is under consideration at a number of institutions and the GMCs and GDCs must implement it at the earliest.

 

 

Greater Kashmir

Tarun Chugh slams Congress, AAP over Emergency legacy, governance in Punjab

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Tarun Chugh slams Congress, AAP over Emergency legacy, governance in Punjab

Chugh described the Emergency declared in 1975 by then Prime Minister Indira Gandhi as an act driven by political insecurity rather than national interest. He accused her of misusing Article 352 to subvert constitutional norms, turning India’s democracy into a personal dictatorship.

Chugh highlighted the clampdown on press freedom, suspension of civil liberties, and the arrest of opposition leaders without trial as hallmarks of that period. He alleged that Sanjay Gandhi, despite holding no constitutional office, wielded significant power during the Emergency, and that over one lakh people were imprisoned under the Maintenance of Internal Security Act (MISA), with jailed leaders denied even basic human rights.

Chugh argued that the Congress party has not reformed since then, accusing it of continuing to suppress dissent, target journalists, and brand criticism as anti-national. He also criticised the party for inserting ideological terms like “secular” and “socialist” into the Constitution for political motives and accused it of promoting dynastic politics. The continued centrality of the Nehru-Gandhi family in opposition politics, he said, reflects the party’s unchanged mindset.

Drawing a parallel with the AAP government in Punjab, Chugh claimed that the state is effectively being run not from Chandigarh but from Delhi, with real control resting with AAP leader Arvind Kejriwal and his inner circle. Chugh described AAP and Congress as fundamentally alike, both allegedly guilty of misgovernance, corruption, and betrayal of democratic principles. He asserted that the people of Punjab are growing disillusioned with both parties and will soon reject their brand of politics in favour of a more accountable leadership.

Greater Kashmir

Special court grants NIA 10-day remand of two Pahalgam terror accused

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Special court grants NIA 10-day remand of two Pahalgam terror accused

Jammu, June 27: A special court of the National Investigation Agency (NIA) on Friday granted a 10-day remand of the two accused who were arrested for harbouring Pakistani terrorists behind the deadly Pahalgam terror attack in April, officials said.

A local court had earlier granted the NIA a five-day remand of the two accused on Monday, which expired on Friday.

The NIA produced the duo before the special NIA court, which granted a further 10-day remand, they said.

The two men — Parvaiz Ahmad Jothar of Batkote, Pahalgam; and Bashir Ahmad Jothar of Hill Park, Pahalgam — were arrested by the NIA on Sunday in the first major breakthrough in the investigation into the April 22 attack that left 26 people, mostly tourists, dead and 16 others injured.

According to the NIA, the arrested accused disclosed the identities of the three armed terrorists involved in the attack and confirmed that they were Pakistani nationals affiliated with the banned terrorist outfit Lashkar-e-Taiba (LeT).

Parvaiz and Bashir had knowingly harboured the terrorists at a seasonal ‘dhok’ (hut) in Hill Park before the attack, according to the NIA’s findings.

The two provided food, shelter and logistical support to the terrorists, who, on the fateful afternoon, selectively targeted and killed tourists based on their religious identity, making it one of the most gruesome terrorist attacks in recent memory, the agency said.

The NIA continues its probe into the terror network that enabled the brutal killings in Kashmir’s tourism hub.

Greater Kashmir

Kashmiri doctor forced to quit super-specialty seat at Tami Nadu hospital over beard, JKSA writes to CM Stalin for intervention

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Kashmiri doctor forced to quit super-specialty set at Tami Nadu hospital over beard, JKSA writes to CM Stalin for intervention

Srinagar, June 27: The Jammu and Kashmir Students Association on Friday has written to Tamil Nadu Chief Minister Thiru M.K. Stalin, seeking his immediate intervention in a disturbing case of alleged religious discrimination against a young Muslim doctor from the Kashmir Valley. The doctor, Dr. Zubair Ahmad, was allotted a DrNB (Nephrology) seat at Kovai Medical Centre and Hospital (KMCH), Coimbatore, through the NEET-SS second counselling round conducted by the National Board of Examinations in Medical Sciences (NBEMS). He was allegedly asked to Shave his beard.

In its letter, the Association said that upon reporting to the hospital to complete admission formalities, Dr. Zubair was reportedly asked to sign a policy document that prohibited sporting a beard, a condition he said contradicted his religious obligations as a practicing Muslim. Despite offering to cover his beard with a surgical mask and agreeing to comply with all hygiene protocols and institutional dress codes, the hospital administration allegedly refused to accommodate him.

National Convenor of the Jammu and Kashmir Students Association Nasir Khuehami said that the hospital was unequivocal in its demand that Dr. Zubair shave or trim his beard in order to enroll. “He was categorically asked to shave his beard to be permitted to study at the super-speciality hospital,” the Association’s letter stated.

Dr. Zubair was informed that KMCH has a dress code prohibiting beards. Even after he assured the administration of his willingness to adhere to all professional norms and conceal his beard if required, the policy remained non-negotiable. Notably, Dr. Zubair has completed his MBBS, MD, and senior residency at Sher-i-Kashmir Institute of Medical Sciences (SKIMS), Srinagar, without encountering any such restriction.

The letter further pointed out that had this beard policy been transparently disclosed during the counselling process, Dr. Zubair would not have opted for the institute. With no alternative left, Dr. Zubair was compelled to withdraw from the programme, despite having secured the seat on an all-India merit basis. He has since requested NBEMS to allow his participation in the third round of counselling and to refund his ₹2 lakh security deposit submitted during the admission process.

The Association condemned the incident as a clear violation of Article 25 of the Constitution of India, which guarantees the right to religious freedom. “The hospital’s insistence on a so-called ‘clean-shaven, corporate appearance’ is neither essential to medical education nor aligned with patient care, ethics, or hygiene, the core pillars of the medical profession,” the Association argued.

Khuehami added, “Such appearance- based restrictions are not only unnecessary but are also discriminatory and exclusionary. The lack of prior disclosure and the imposition of this requirement after seat allotment is unjust and violates both the spirit and the letter of the Constitution.”

The Association expressed particular disappointment that such an incident occurred in Tamil Nadu, a state known for its progressive values and inclusive governance. “Tamil Nadu has long welcomed students and professionals from across India, including the Kashmir Valley. This incident threatens to tarnish that proud legacy and sends a disturbing message to students from marginalized and minority backgrounds.”

“Forcing a Kashmiri doctor to shave his beard, a core part of his religious identity not only violates his fundamental rights but also fosters fear, exclusion, and alienation in academic spaces, which should instead promote acceptance, equity, and dignity,” he added.

The Association urged Chief Minister M.K. Stalin to take urgent steps to ensure that religious freedoms are protected across educational and healthcare institutions in Tamil Nadu. “We request your intervention to discourage discriminatory institutional policies that infringe upon constitutional rights and to help restore the confidence of students and professionals who look up to Tamil Nadu as a beacon of progress, tolerance, and justice,” the letter stated.

The Association expressed hope in the Chief Minister’s leadership and commitment to justice, pluralism, and equality. “We urge him to uphold Tamil Nadu’s cherished tradition of tolerance, inclusion, and cultural respect, and to ensure that no student is ever made to feel unsafe or unwelcome due to their faith or identity.”

Greater Kashmir

Kashmiri doctor forced to quit super-specialty set at Tami Nadu hospital over beard, JKSA writes to CM Stalin for intervention

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Kashmiri doctor forced to quit super-specialty set at Tami Nadu hospital over beard, JKSA writes to CM Stalin for intervention

Srinagar, June 27: The Jammu and Kashmir Students Association on Friday has written to Tamil Nadu Chief Minister Thiru M.K. Stalin, seeking his immediate intervention in a disturbing case of alleged religious discrimination against a young Muslim doctor from the Kashmir Valley. The doctor, Dr. Zubair Ahmad, was allotted a DrNB (Nephrology) seat at Kovai Medical Centre and Hospital (KMCH), Coimbatore, through the NEET-SS second counselling round conducted by the National Board of Examinations in Medical Sciences (NBEMS). He was allegedly asked to Shave his beard.

In its letter, the Association said that upon reporting to the hospital to complete admission formalities, Dr. Zubair was reportedly asked to sign a policy document that prohibited sporting a beard, a condition he said contradicted his religious obligations as a practicing Muslim. Despite offering to cover his beard with a surgical mask and agreeing to comply with all hygiene protocols and institutional dress codes, the hospital administration allegedly refused to accommodate him.

National Convenor of the Jammu and Kashmir Students Association Nasir Khuehami said that the hospital was unequivocal in its demand that Dr. Zubair shave or trim his beard in order to enroll. “He was categorically asked to shave his beard to be permitted to study at the super-speciality hospital,” the Association’s letter stated.

Dr. Zubair was informed that KMCH has a dress code prohibiting beards. Even after he assured the administration of his willingness to adhere to all professional norms and conceal his beard if required, the policy remained non-negotiable. Notably, Dr. Zubair has completed his MBBS, MD, and senior residency at Sher-i-Kashmir Institute of Medical Sciences (SKIMS), Srinagar, without encountering any such restriction.

The letter further pointed out that had this beard policy been transparently disclosed during the counselling process, Dr. Zubair would not have opted for the institute. With no alternative left, Dr. Zubair was compelled to withdraw from the programme, despite having secured the seat on an all-India merit basis. He has since requested NBEMS to allow his participation in the third round of counselling and to refund his ₹2 lakh security deposit submitted during the admission process.

The Association condemned the incident as a clear violation of Article 25 of the Constitution of India, which guarantees the right to religious freedom. “The hospital’s insistence on a so-called ‘clean-shaven, corporate appearance’ is neither essential to medical education nor aligned with patient care, ethics, or hygiene, the core pillars of the medical profession,” the Association argued.

Khuehami added, “Such appearance- based restrictions are not only unnecessary but are also discriminatory and exclusionary. The lack of prior disclosure and the imposition of this requirement after seat allotment is unjust and violates both the spirit and the letter of the Constitution.”

The Association expressed particular disappointment that such an incident occurred in Tamil Nadu, a state known for its progressive values and inclusive governance. “Tamil Nadu has long welcomed students and professionals from across India, including the Kashmir Valley. This incident threatens to tarnish that proud legacy and sends a disturbing message to students from marginalized and minority backgrounds.”

“Forcing a Kashmiri doctor to shave his beard, a core part of his religious identity not only violates his fundamental rights but also fosters fear, exclusion, and alienation in academic spaces, which should instead promote acceptance, equity, and dignity,” he added.

The Association urged Chief Minister M.K. Stalin to take urgent steps to ensure that religious freedoms are protected across educational and healthcare institutions in Tamil Nadu. “We request your intervention to discourage discriminatory institutional policies that infringe upon constitutional rights and to help restore the confidence of students and professionals who look up to Tamil Nadu as a beacon of progress, tolerance, and justice,” the letter stated.

The Association expressed hope in the Chief Minister’s leadership and commitment to justice, pluralism, and equality. “We urge him to uphold Tamil Nadu’s cherished tradition of tolerance, inclusion, and cultural respect, and to ensure that no student is ever made to feel unsafe or unwelcome due to their faith or identity.”

Greater Kashmir

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