None( MENAFN - IANS) Mumbai, Dec 17 (IANS) North-East is India's gateway to the South and investing in the region will give investors access to the vast Southeast Asian markets, Union Minister for Communications and Development of North Eastern Region (DoNER), Jyotiraditya Scindia, has said. Speaking at the 'North East Trade and investment Roadshow' here, the minister emphasised the region's immense potential, which now stands ready to contribute to India's growth with an impressive 11 per cent GDP growth rate. “The development of infrastructure, human resources, and specialised sectors has positioned North-East India as a key player in the nation's future,” he added. The Union Minister emphasised the importance of building bridges between the vibrant business ecosystems of Mumbai and North-East, thereby ensuring a seamless path for growth and innovation. The minister further outlined the region's progress in various sectors, including tourism, renewable energy, sports and IT, and emphasised the need for a focused quality-driven approach for development of the region. He assured investors that the region's youth, high literacy rates, and abundant natural resources make it an ideal destination for investment, particularly in areas like sustainable agriculture, manufacturing, and technology. “With policies in place to support business growth and a commitment to reducing red tape, North-East India is now offering a red carpet to investors, which will contribute to the growth of India, especially its youth,” said Scindia. Tripura Chief Minister Professor (Dr) Manik Saha reaffirmed that under the leadership of Prime Minister Narendra Modi, the North-East region, particularly Tripura, is witnessing remarkable growth. Tripura, recognised as one of the most peaceful states, has demonstrated impressive economic performance with a per capita income of Rs 1,77,000, making it the second-largest GSDP contributor in North-East. With robust infrastructure, including excellent road, water, air, and rail connectivity, and a supportive investment climate, the state is becoming a preferred destination for investors. Meghalaya Chief Minister Conrad K Sangma said the state is witnessing transformative growth, driven by strong leadership with a focused investment and development strategy. “Under the guidance of PM Modi, the state has developed investor-friendly policies and attracted significant responses, particularly in sectors like tourism, food processing and infrastructure, he added. -IANS na/ MENAFN16122024000231011071ID1109000319 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
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LOS ANGELES (AP) — Londynn Jones scored 15 points, making all five of her 3-pointers, and fifth-ranked UCLA stunned No. 1 South Carolina 77-62 on Sunday, ending the Gamecocks’ overall 43-game winning streak and their run of 33 consecutive road victories. The Gamecocks (5-1) lost for the first time since April 2023, when Caitlin Clark and Iowa beat them in the NCAA Tournament national semifinals. Te-Hina Paopao scored 18 points and Tessa Johnson scored 14 for the Gamecocks, whose road winning streak was third-longest in Division I history. It was the first time UCLA took down a No. 1 team in school history, having been 0-20 in such games. The program's previous best wins were over a couple of No. 2s — Oregon in 2019 and Stanford in 2008. Elina Aarnisalo added 13 points as one of five Bruins in double figures. UCLA (5-0) dominated from start to finish, with the Bruins' suffocating defense preventing the Gamecocks from making any sustained scoring runs. South Carolina: The Gamecocks trailed by double-digits at halftime for the first time since Dec. 21, 2021, against Stanford, according to ESPN. Chloe Kitts, who averages a team-leading 14 points, finished the game with 2 points on 1 of 7 shooting. UCLA: The Bruins led 43-22 at halftime. Eight different players scored and contributed to 11-0 and 7-0 runs in the first and second quarters as they shot 52% from the field. The first quarter set the tone for a game in which the Gamecocks never led. They missed their first nine shots and were 4 of 18 from the floor in the quarter. UCLA ran off 11 straight points to take a 20-10 lead into the second quarter. The Bruins dominated the boards, 41-34, and held the Gamecocks well under their scoring average of 80.2 points. South Carolina travels to Florida to meet Iowa State in the Fort Myers Tipoff on Thanksgiving. UCLA travels to the Rainbow Wahine Showdown in Hawaii to play UT Martin on Friday. Get poll alerts and updates on the AP Top 25 all season. Sign up here. AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball
NSW Premier Chris Minns has called for a review of laws to prevent the targeting of places of worship following the heinous firebombing of the Adass Israel Synagogue in Melbourne. The firebombing of the Melbourne synagogue led to former treasurer Josh Frydenberg demanding Prime Minister Anthony Albanese take action on rampant antisemitism in the country by declaring the attack on Friday a terrorist event. Mr Minns has affirmed the Melbourne synagogue attack as “an act of terrorism”. On Wednesday, at least 70 pro-Palestinian activists gathered outside Sydney's Great Synagogue calling for sanctions against Israel, while members of the Jewish community were locked inside. The NSW Premier’s intention to look at law reforms to protect places of worship is in its early stages after he asked state Attorney-General Michael Daley to consider options. Mr Minns said he was “horrified” by the attack at the Adass Israel Synagogue in Melbourne, as well as the “recent sight of protests” outside the Grand Synagogue in Sydney. “I’ve asked the Attorney-General and the cabinet office to look at ways we can better protect places of worship from protests and provide reform options to the government,” he said. “Being heckled on the way in to observe your faith is not consistent with the principles of a multicultural, multifaith community where all are protected by law from someone stopping them from prayer. “It is the bedrock of our multicultural state. People have the right to feel safe in their own city, in their own churches, mosques, synagogues and other places of worship.” The potential laws would regulate protesting outside of religious institutions which seeks to intimidate worshippers. The Premier said “holding the line” was no longer feasible and the government needed to make sure the freedom of religion was “protected”. Mr Minns’ strong stance on antisemitism has been praised by the Jewish community, with The Australian revealing on Monday that Rabbi Benjamin Elton, a chief minister at Sydney’s Great Synagogue, called the NSW Premier “extraordinarily strong” on the issue. Last month, Mr Minns admitted he was concerned about further anti-Israel incidents against Sydney's Jewish community leading up to Christmas after two assailants targeted residents in Woollahra, in the city's eastern suburbs, defacing almost a dozen cars and homes with “f*k Israel". The Premier visited Emanuel Synagogue in Woollahra, spoke with Jewish leaders and insisted no one should be attacked based on their religion or race or feel harassed or intimidated in their home. "I know that members of the Jewish community since the horrifying terrorist attacks on October 7 have felt unsafe in their own town and I’m deeply sorry for that," he said. Mr Minns appeared angry as he stressed police and the NSW government would "throw the book" at anyone who made antisemitic acts of violence against the public. "We are taking these violent criminal acts very seriously. They are motivated by hate, they are hateful acts on members of our community and this police force is working incredibly hard to track down those who have committed this horrifying act," he said.BOONE, N.C. (AP) — South Carolina offensive coordinator Dowell Loggains has been hired as head coach at Appalachian State and will receive a five-year contract, athletic director Doug Gillin announced Saturday. The 44-year-old Loggains replaces Shawn Clark, who was fired Monday after the Mountaineers finished 5-6 for their first losing season since 2013. Loggains was South Carolina's offensive coordinator for two seasons and an assistant at Arkansas, his alma mater, for two seasons before that. He spent 16 years in the NFL as offensive coordinator and quarterbacks coach for Tennessee, Cleveland, Chicago, Miami and the New York Jets. “He brings experience as a leader and play-caller at the highest levels of professional and college football," Gillin said. "He is a great recruiter and believes strongly in building relationships. He is aligned with our core values of academic integrity, competitive excellence, social responsibility and world-class experience. This is a great day for App State.” Loggains' offense at South Carolina featured LaNorris Sellers, one of the nation's top dual-threat quarterbacks, and running back Raheim “Rocket” Sanders. Sellers and Sanders led the Southeastern Conference's third-ranked rushing offense. Loggains spent the 2021 and 2022 seasons as Arkansas' tight ends coach, and he worked with Sam Darnold, Jay Cutler, Mitchell Trubisky, Brian Hoyer and Vince Young during his time in the NFL. The Mountaineers, the preseason favorites in the Sun Belt Conference's East Division, tied for fifth with a 3-5 record in league play. App State was 40-24 under Clark, but the Mountaineers have failed to reach a bowl game two of the past three seasons. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
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Forget The S&P 500, Buy These Dividend Stocks InsteadCommerce Bank decreased its position in Genuine Parts ( NYSE:GPC – Free Report ) by 1.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 10,466 shares of the specialty retailer’s stock after selling 168 shares during the quarter. Commerce Bank’s holdings in Genuine Parts were worth $1,462,000 as of its most recent SEC filing. Other large investors have also recently bought and sold shares of the company. Prospera Private Wealth LLC bought a new stake in shares of Genuine Parts in the third quarter worth $297,000. PNC Financial Services Group Inc. increased its stake in Genuine Parts by 1.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 114,379 shares of the specialty retailer’s stock valued at $15,976,000 after buying an additional 2,021 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Genuine Parts during the 3rd quarter worth about $1,407,000. Guardian Wealth Advisors LLC boosted its stake in shares of Genuine Parts by 2.7% during the 3rd quarter. Guardian Wealth Advisors LLC now owns 3,464 shares of the specialty retailer’s stock worth $484,000 after buying an additional 91 shares during the last quarter. Finally, Prospera Financial Services Inc grew its holdings in shares of Genuine Parts by 36.3% in the 3rd quarter. Prospera Financial Services Inc now owns 3,732 shares of the specialty retailer’s stock valued at $522,000 after acquiring an additional 993 shares in the last quarter. Institutional investors and hedge funds own 78.83% of the company’s stock. Analysts Set New Price Targets Several research firms have recently commented on GPC. Truist Financial cut their price objective on Genuine Parts from $164.00 to $129.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. JPMorgan Chase & Co. reduced their target price on Genuine Parts from $162.00 to $135.00 and set an “overweight” rating for the company in a research note on Tuesday, October 22nd. Evercore ISI increased their price target on Genuine Parts from $155.00 to $160.00 and gave the company an “in-line” rating in a research note on Tuesday, October 22nd. StockNews.com cut shares of Genuine Parts from a “buy” rating to a “hold” rating in a research report on Wednesday, October 16th. Finally, Wedbush dropped their price objective on shares of Genuine Parts from $145.00 to $120.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $139.57. Genuine Parts Stock Performance Shares of NYSE GPC opened at $124.80 on Friday. Genuine Parts has a one year low of $112.74 and a one year high of $164.45. The firm has a market cap of $17.35 billion, a price-to-earnings ratio of 16.06 and a beta of 0.92. The stock’s fifty day moving average price is $129.44 and its two-hundred day moving average price is $137.26. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 0.57. Genuine Parts ( NYSE:GPC – Get Free Report ) last announced its earnings results on Tuesday, October 22nd. The specialty retailer reported $1.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.42 by ($0.54). Genuine Parts had a return on equity of 27.23% and a net margin of 4.67%. The business had revenue of $6 billion for the quarter, compared to analyst estimates of $5.94 billion. During the same quarter in the previous year, the company earned $2.49 EPS. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. On average, equities analysts forecast that Genuine Parts will post 8.09 EPS for the current year. Genuine Parts Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, December 6th will be issued a $1.00 dividend. The ex-dividend date is Friday, December 6th. This represents a $4.00 annualized dividend and a yield of 3.21%. Genuine Parts’s dividend payout ratio is presently 51.48%. Genuine Parts Company Profile ( Free Report ) Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates in two segments: Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and equipment and parts used by repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, and individuals. Read More Want to see what other hedge funds are holding GPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Genuine Parts ( NYSE:GPC – Free Report ). Receive News & Ratings for Genuine Parts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genuine Parts and related companies with MarketBeat.com's FREE daily email newsletter .
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A hockey game scheduled between the Yorkton Terriers and Weyburn Red Wings has been postponed due to a "mechanical issue." In an online announcement issued shortly before 4 p.m. Tuesday, the City of Weyburn said both Crescent Point Place and the Tom Zandee Sports Arena would be closed "for the remainder of today and until further notice." "Thank you for your understanding as we work to resolve the issue," the post continues. In its own update announcing the postponement of Tuesday’s game, the Saskatchewan Junior Hockey League said an ammonia leak at the rink was to blame. Puck drop was set for 7 p.m. but a makeup date has yet to be determined. A timeline for repairs is unclear, but the Red Wings are scheduled to host the Humboldt Broncos in their next game on Friday, before a four game road trip starting in Estevan on Saturday.