Killing of 2 Sikhs in Peshawar latest in a series of targeted attacks

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Peshawar, May 16 | The killing of the two Sikh men in Peshawar is the latest in a series of targeted attacks on the community which continues to live under mounting fear.

On Sunday morning, Saljeet Singh, 42, and Ranjeet Singh, 38 were gunned down by unidentified assailants in the city’s Bata Tal bazaar, reports The Express Tribune.

The two assailants were riding a motorcycle when they opened fire on the victims, who owned spice shops in the bazaar.

The men died on the spot.

Left shocked by the latest attack on the community, leaders of the Sikh community led a protest rally from the historic Dabgari gurdwara to condemn the attack and press the government to bring an end to the sustained killings, The Express Tribune reported.

A large number of people poured into the streets demanding justice. The Hashtnagri road, packed with protesters, remained blocked for three hours on Sunday.

The demonstrators called on the government to provide security to the minority community and take effective steps to prevent targeted killings.

Sikh community leader Sahib Singh told The Express Tribune that the incident was very shocking.

He recalled that a compensation package of 3 million PKR per head had been given to the victims of the March 3 Kucha Risaldar imambargah suicide attack which killed 66 and injured 130 worshippers in Peshawar, demanding the same should be given to the poor families of the victims.

He lamented that the government has failed to give any compensation package to the family of Sikh hakeem Satnam Singh who was killed inside his clinic in the Faqirabad area in September last year.

The Islamic State terror group’s Khorasan chapter (IS-K) had claimed responsibility for Sunday’s attack.

The police claimed in December last year to have killed three IS-K commanders in the city insisting the militants were involved in the murder of the Sikh hakeem and other attacks, The Express Tribune reported.

However, according to sources in the Khyber Pakhtunkhwa police, an alert had been issued to the Sikh community in Peshawar, Swabi, Buner and Malakand in the wake of a slew of attacks, following which the beleaguered community was forced to adopt security measures.

Meanwhile, community leaders at Sunday’s protest rally said the terror attacks have taken a severe toll on their livelihood and business prospects in the provincial capital.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

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The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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