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‘Serious lapse’: Kerala revokes permit to Tamil Nadu to fell trees near Mullaperiyar dam

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‘Serious lapse’: Kerala revokes permit to Tamil Nadu to fell trees near Mullaperiyar dam

The Kerala government on Sunday withdrew its decision to allow Tamil Nadu to cut down 15 trees downstream of the baby dam in the Murapiyar Reservoir as part of an effort to strengthen the structure, calling it a “serious mistake” , Will take action against officials who approved the move. Last week, the state’s forest department issued a permit to the Tamil Nadu Water Resources Department, following criticism that this move would weaken Kerala’s demand for new dams to replace the 126-year-old existing structure.

The two states are divided on the stability of the structure. Kerala requires a new dam to be built, while Tamil Nadu states that it does not need a new structure. Critics in Kerala also worry that by strengthening the structure of the baby dam downstream, Tamil Nadu will increase the water level of the Murapiyar Reservoir from the existing 142 feet to 152 feet. Kerala has always opposed raising the water level of the dam on the grounds that the structure is stable.

Mullaperiyar Dam is located in the Idukki district of Kerala and is managed by the government of Tamil Nadu. Kerala Forest Minister A K Saseendran said on Sunday that the move was a “serious mistake” and officials did not consult the relevant minister before making a decision on such an important matter. “Neither the Chief Minister nor the Forest Minister knew about such permits. The Minister of Water Resources was also not familiar with such permits.

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The officials did not consult the ministers before approving matters related to the sensitive Muraperia dam. It is a serious mistake of the officials. I have sought to take action against the officials. No official is above the government,” Sussendran said. “This is an unusual order. We will investigate the issuance of such orders and take necessary actions,” he added. On November 1, after a high-level meeting of senior officials from the Ministry of Water Resources, Bennichen Thomas, Chief Forest (Wildlife) Chief Conservation Officer and Chief Wildlife Administrator, issued this controversial order.

On Saturday, the Chief Minister of Tamil Nadu, M K Stalin, wrote to his Kerala Prime Minister Pinarayi Vijayan to express his gratitude for allowing the felling of trees. “This long-pending request is essential for strengthening small and earthen dams, and this permission will enable us to take measures to strengthen these structures,” a statement quoted Stalin as saying in the letter.

News Source : The Indian Express

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Stock market in red amid India’s diplomatic action against Pakistan

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Stock market in red amid India’s diplomatic action against Pakistan

The stock market opened in red on Thursday, with the Sensex trading below 187.91 points and the Nifty below 46.45 points. The 30-share Sensex rose by 520.90 points or 0.65% to settle at 80,116.49, the highest closing level since December 18. Eight of the 13 major sectors declined at the open, while the broader, more domestically focused small-caps and mid-caps traded flat.

Ajay Bagga, market expert, said that the overhang remains for the next 10 to 15 days, the time it took in the previous two instances from the terrorist strike to the retaliatory Uri and Balakot strikes. On Wednesday, stock markets extended their surge to the seventh day, with Sensex share jumping 520 points to close above 80,000 level for the first time in four months.

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The stock market closed in green for the 7th day on Wednesday, with the 30-share Sensex rising by 520.90 points or 0.65% to settle at 80,116.49, the highest closing level since December 18. During the day, it surged by 658.96 points or 0.82 per cent to 80,254.55. The NSE Nifty rallied 161.70 points or 0.67 per cent to 24,328.95. HCL Tech surged the most by 7.72 per.

Cent after posting an 8.1% increase in consolidated net profit at ₹4,307 crore for March quarter 2024-25, mainly on account of large deals with a total contract value of about ₹25,500 crore. Kotak Mahindra Bank, State Bank of India, Axis Bank, ITC, and UltraTech Cement were also among the laggards, according to PTI Both the Sensex and Nifty reversed their seven-day.

Uptrend and settled lower on Thursday, amid profit-taking and disappointing Q4 earnings of Hindustan Unilever. Selling in blue-chips ICICI Bank, Bharti Airtel, and a largely muted trend in Asian and European equities also dragged the markets down, PTI reported. In the past seven trading days, the BSE benchmark gauge zoomed 6,269.34 points or 8.48 per cent, and the Nifty.

jumped 1,929.8 points or 8.61 per cent ​Indian stock markets experienced significant declines on April 25, 2025, amid escalating geopolitical tensions with Pakistan following a deadly militant attack in Pahalgam, Kashmir, which resulted in 26 civilian deaths. The BSE Sensex fell by 1,195 points during intraday trading, closing 570.8 points lower at 79,227, while the NSE.

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The market downturn was driven by widespread losses across sectors, with 12 out of 13 major indices ending in the red. Broader markets were also affected, as mid-cap and small-cap Nifty50 dropped 207.3 points to settle at 24,039 indices declined over 2%. Investor sentiment was further dampened by India’s strong diplomatic response to the attack, which included.

suspending the Indus Waters Treaty, closing the Attari border crossing, and revoking visa privileges for Pakistani nationals The Indian rupee weakened, closing 0.2% lower at 85.45 against the U.S. dollar, influenced by month-end dollar demand and increased geopolitical uncertainty. Bond yields also rose, reflecting heightened risk aversion among investors

Analysts caution that the ongoing tensions between India and Pakistan could continue to impact market stability. While a full-scale conflict is considered unlikely, the situation remains fluid, and investors are advised to monitor developments closely In Pakistan, the Karachi Stock Exchange’s KSE-100 index fell by 2.12%, or 2,485.85 points, as investors reacted to India’s.

The United Nations has urged both nations to exercise restraint and resolve their differences through peaceful dialogue diplomatic measures and the suspension of the Indus Waters Treaty Indian stock markets slipped into the red on April 25, 2025, following India’s strong diplomatic actions against Pakistan after a deadly terrorist attack in Kashmir. The BSE Sensex.

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