NGT seeks status report on illegal construction in Haryana’s 2 wildlife sanctuaries

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New Delhi, Sep 29 | The National Green Tribunal (NGT) has sought a fresh status report about alleged construction of a housing project within the prohibited area of two wildlife sanctuaries in Haryana.

The tribunal was hearing a petition on Monday seeking execution of its earlier order dated March 25, 2021 in connection with the Bir Shikargarh and Khol Hi-Raitan wildlife sanctuaries in Panchkula district in Haryana. The tribunal directed the State Environment Impact Assessment Authority (SEIAA) and the Chief Wildlife Warden of Haryana to look into the matter and take action as necessary.

The development came after the applicant, during the hearing on Monday, told the Tribunal that a joint committee, which was tasked to look into the matter and take necessary action, had failed.

“We consider it appropriate to require the SEIAA, Haryana and the Chief Wildlife Warden, Haryana to file a status report in the matter by email before the Tribunal,” NGT principal bench headed by its Chairman Adarsh Kumar Goel said.

Earlier in August this year, the wildlife and the forest department had issued notice to Panchkula Municipal Corporation for turning 12 acres of forest land into a municipal waste dumping zone at Khol Hi-Raitan Wildlife Sanctuary.

The notice was issued on the NGT’s direction as the residents of nearby areas had alleged that the civic body had converted the forest land into a dumping ground, posing a severe threat to wildlife and people living in the vicinity.

Both the Wildlife Sanctuaries — Khol Hi-Raitan and Bir Shikargah are spread over three kilometres aerial distance from each other and these are located only a few kms away from Kalesar National Park, all of which are located in the Shivalik hills of Haryana.

Source: IANS

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Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Dalal Street found no relief with incessant sell off during the month. Nifty traded on a bearish note and ended at 16025.80 with loss of 99.35 points or 0.62 percent following weak global cues on Wednesday. While Banknifty closed at 34339.50 on the higher side with marginal gain of 49.35 points.

bhaskarlive market closing

The weakness in US stocks is playing out globally with signs of higher inflation, which has spoiled investors’ appetite for the Indian market as well. Rising India VIX to 25.28 has led Indices to big intraday swings on both sides. Sectorally maximum sectors closed on the negative side as Nifty IT and Nifty Media sheds more than 3 percent each. While Nifty Financial Services ended on a positive side gaining 0.68 percent.

In nifty stocks, NTPC, HDFCLIFE, SBILIFE were the top gainers while ASIANPAINT, ADANIPORT and TECHM were the prime laggards. Coming to the OI Data, on the call side highest OI witnessed at 16200 followed by 16300 strike price while on the put side, the highest OI was at 15800 strike price. Technically, Nifty has formed three black crow patterns in the daily chart suggesting bearishness would remain intact. We expect a rise in volatility as well on monthly expiry day.

Riding against the trend may not be beneficial for short term traders. All major moving averages are lying above 16300 levels. Indicators such as MACD and RSI are still struggling to overcome the oversold zone in the daily time frame. Overall, Nifty is having support at 15800 mark while on the upside 16300 may act as an immediate resistance for monthly expiry. While Banknifty has support around 33500 while resistance is placed at 35200 on the daily chart.

Om Mehra
Research Associate
Choice Broking

Source: Choice India

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