LG Electronics India shares fell sharply by 8.34 per cent in early trade on Thursday after the company reported a steep decline in December quarter earnings, with margins coming under pressure amid subdued post-festive demand and higher input costs.
The stock dropped over 8 per cent to ₹1,392 in early deals. At 9.47 am, it was trading 3 per cent lower at ₹1,479.80 compared with the previous close of ₹1,518.80.
The consumer durables major posted a net profit of ₹89.6 crore in the December quarter, down 61.5 per cent from ₹233.4 crore in the corresponding period last fiscal. Revenue from operations declined 6.4 per cent year-on-year to ₹4,114.3 crore, reflecting lower-than-expected post-festival demand and muted consumer offtake.
Brokerages said the quarterly performance was weaker than anticipated, largely due to seasonal factors and margin pressures.
ICICI Securities said LG’s Q3FY26 print was impacted by post-festive seasonality and weaker trade and consumer offtake. The brokerage noted that the company consciously avoided price discounting to protect its brand positioning, which weighed on margins.
It added that higher commodity inflation and currency depreciation further hurt profitability during the quarter.
Despite the weak showing, ICICI Securities maintained a constructive stance on the stock. The brokerage highlighted that LG continues to hold leadership positions in key categories, supported by strong brand equity, premium positioning and an extensive distribution network. It also pointed to gains in offline TV market share and strengthening leadership in the segment.
The upcoming Sri City plant, slated to be operational by Q3FY27, is expected to enhance supply chain efficiency by enabling faster market access and improving product availability, according to the brokerage. ICICI Securities also underlined LG’s focus on scaling up its AMC business and strengthening its B2B segment.
The brokerage believes LG’s dual strategy of supporting margins through premiumisation while driving volumes through its Essential series provides growth visibility. With easing US tariffs, it expects margins in the information display segment to improve over the medium term.
Calling the weak Q3FY26 performance transitory rather than structural, ICICI Securities retained its buy rating on the stock with a revised target price of ₹1,746, down from ₹1,875 earlier.
Investors will now watch for a recovery in demand trends and margin normalization in the coming quarters as the company navigates cost pressures and consumer sentiment.
Parents whose children are taken into care should receive trauma-informed support to reduce the risk of harm to any further babies they have, according to child protection experts.
A national child safeguarding review, launched after the death of baby Victoria Marten, said that if “destructive cycles of harm are to be interrupted” there needed to be more focus on parents, as well as their vulnerable baby or unborn infant.
Victoria died in January 2023 after her parents, Constance Marten and her convicted rapist partner, Mark Gordon, took her to live in a tent in wintry conditions to evade social services. The child’s decomposed remains were found by police officers in March that year.
A review, published by the national child safeguarding practice review panel, said the baby girl’s birth “was the last within her family of a rapid series of pregnancies, births and removals into care that by the time she was conceived had become a repeating pattern with devastating consequences”.
Given this family history, the review said the professionals who dealt with the couple “needed to contemplate the prospect of Victoria being conceived and born well in advance, to have a better chance of engaging more productively with her parents”.
Sir David Holmes, the chair of the panel, said: “Whereas the death of baby Victoria wasn’t predictable, her conception arguably was.”
Holmes said it was difficult to know whether better professional engagement with baby Victoria’s parents would have prevented her death, but added: “There needs to be better engagement with families where there are risks of children being removed, so that we can try and interrupt the repeating cycle of children being removed and then another baby born and then that child being removed.”
The review noted that no one agency or professional had specific responsibility for supporting the couple when their children were removed, “or helping them process their likely sense of loss and grief”.
It added that the “successive removal” of their children “may have reinforced their perception of harm caused by children’s social care, making the concealment of Victoria feel subjectively ‘rational’.”
The review noted the couple’s “persistent reluctance to engage” with authorities, having moved five times during their five pregnancies between 2017 and 2023, “with each move coinciding with escalating safeguarding concerns”.
The absence of coordinated support for the couple after their children were taken into care left them “isolated and unsupported, increasing the risk to their children,” the review said.
It acknowledged the complex challenges faced by safeguarding professionals dealing with troubled families, noting that domestic abuse, Gordon’s rape conviction and her parents’ unwillingness to engage with authorities as they moved around the country were all factors in Victoria’s death.
Holmes said while it was valid to remove children from their parents in order to protect them, removal did not address the root of troubled families’ problems.
He added: “It does not prevent the same set of circumstances from happening again. Indeed, it may increase the risk of harm for the next child, not yet born, not yet even conceived.”
There were 5,360 under-ones who were subject to child protection plans (CPPs) in England on 31 March 2025, according to the latest statistics published by the Department for Education. Of these, 3,930 were babies under one year old and 1,430 were unborn infants.
The panel recommended national guidance on safeguarding and child protection for babies, covering concealed pregnancy and pre-birth planning for unborn infants when there are child protection risks.
It also called on the government to require registered sex offenders to inform the police of the name of new partners and if they or their partner was due to give birth. Holmes said a failure to notify the police of these life changes could result in an offender being imprisoned.
Marten and Gordon were found guilty in July 2025 of baby Victoria’s manslaughter, child cruelty, concealing the birth of a child and perverting the course of justice after two trials.
Bhante Saranapala gazed down at more than a hundred Buddhist monks wearing burnt-orange, saffron and maroon robes, most sporting woolly hats, a few clutching flowers.
“These monks are awesome!” roared Saranapala, who is known as the “Urban Buddhist Monk”, prompting a cheer from the big crowd. “Their determination should be greatly appreciated. Walking from Texas to Washington DC, 2,300 miles; it requires strong determination!”
The Lincoln Memorial has witnessed much over the past century – Black opera singer Marian Anderson, Martin Luther King’s “I have a dream” speech, Richard Nixon’s late-night chat with the anti-war demonstrators – but rarely a scene as colourful as on Wednesday.
For 19 monks and Aloka, a rescue dog from India, it was an important stop on a 2,300-mile “Walk for Peace”, a self-described spiritual journey across nine states that had been cheered on by crowds of thousands.
The odyssey had begun in Texas 108 days ago, and saw them brave frigid temperatures and a paralysing winter storm, sometimes with bare feet, to raise “awareness of peace, loving-kindness, and compassion across America and the world”.
About 100 monks and nuns joined them in America’s political capital determined to stay away from politics, although among the thousands who gathered at the Lincoln Memorial was someone waving a Palestinian flag and another who held a big sign that said: “Peaceful resistance.”
The monks walked more than 2,000 miles to ‘raise awareness of peace, loving kindness, and compassion across America and the world’. Photograph: Jim Lo Scalzo/EPA
The gathering took place within view of the recently renamed Donald J Trump Institute of Peace and close by the also recently renamed Trump Kennedy Center. But above the monks were more enduring Washington touchstones such as the 19ft-tall seated statue of Lincoln, carved from Georgia marble, and the aspiration inscribed into the memorial to “bind up the nation’s wounds”.
The monks had come with balm for America’s current wounds and found the weather obliging as the capital emerged from a recent cold snap, though plenty of ice and snow lingered. As the monks took their places below the memorial, a song boomed from loudspeakers: “Spreading peace, love and harmony all the way to Washington DC.”
Several made speeches as birds and the occasional plane flew overhead. Tencho Gyatso, a niece of the Dalai Lama, the highest spiritual leader of Tibetan Buddhism, read a letter paying tribute to the monks: “Their commitment, including enduring physical hardship and challenging weather conditions over a journey of more than 2,000 miles, has drawn attention both within the United States and internationally,” he wrote.
“The message of peace and mutual understanding conveyed through their conduct, marked by humility and calm presence, has resonated with many people as they encountered along the route … May their walk help sow the seeds of greater peace, understanding and compassion in the United States and beyond.”
Venerable Bhikkhu Pannakara, the group’s leader, speaks near the Lincoln Memorial. Photograph: Evelyn Hockstein/Reuters
Bhikkhu Bodhi, a monkoriginally from Brooklyn, described the walk as one of the most important events of the 21st century and said: “It seems to me that this walk for peace has brought out the greatest quality of the American character, which is the recognition stated in the words of Abraham Lincoln in his Gettysburg address that this is a nation founded upon the principle that – he said all men are created equal. We have to revise that and say all people are created people.
“And this walk has shown that no matter what race you might belong to, whatever ethnicity you might come from, whatever religious faith you might adhere to, whatever the color of your skin might be, we all celebrate peace.”
Peace walks are a cherished tradition in Theravada Buddhism. Some of the monks have walked barefoot or in socks during parts of the journey to feel the ground directly and help them be present in the moment.
But the effort has had its perils. In November, outside Houston, the group was walking on the side of a highway when their escort vehicle was hit by a truck. Two monks were injured; Venerable Maha Dam Phommasan had his leg amputated.
Phommasan, abbot of a temple in Snellville, Georgia, rejoined the monks near Washington and addressed the crowd at the Lincoln Memorial from his wheelchair.
The peace walk garnered interest from millions of people on social media, with many sharing messages of support.
Some monks have walked barefoot or in socks during parts of the journey. Photograph: Jim Lo Scalzo/EPA
On Wednesday, King’s son, Martin Luther King III, posted on X that the walk is “a powerful reminder that peace is practiced step by step. In a divided time, this is what it looks like to stand up for the best of who we are. Love demands endurance. Peace is strength.”
Some in the crowd at the Lincoln Memorial held roses or signs that included “Warriors of peace welcome”, “Equal rights for all humans” and “Every heart needs an Aloka”. They joined in a chant of “Today is going to be my peaceful day” led by Bhikkhu Pannakara, spiritual leader of the Walk for Peace.
Jacquelyn Gray, 64, who works in construction logistics, said: “I’ve been following them since the day they left and I was impressed that somebody would be so committed to something. I know as well as anybody else that they aren’t gonna get here and, magically, peace will cover the planet, but I admire their commitment to this cause.”
Katharine Naujoks, 57, a high school science teacher, said: “The world needs a bit of communalism and camaraderie and peace and goodwill. A lot of people are looking for that. I want to be a part of this positive experience.”
Reflecting on the monks’ epic walk, which will end in nearby Annapolis, Maryland on Thursday, Naujoks added: “It’s quite amazing, the fact that they had to come in through the coldest time in Virginia, Maryland and DC. We’re not usually that cold, so it’s amazing to me. It just shows that it’s an important thing. It’s important to them and it’s important for everybody else around here.”
Could Washington politicians learn something from them? “That would be lovely,” she said.
The agreement is expected to provide a direct boost to various segments of the industry by slashing customs duties that had made Indian products unavailable for American buyers over the past few months. | Photo Credit: ARKO DATTA
India’s gems and jewelery industry is celebrating a significant breakthrough following the announcement of the India-US Interim Trade Agreement, which promises to eliminate high trade barriers and rejuvenate exports. Industry leaders and exporters have expressed relief as the deal addresses the tariff hikes that had previously hampered the sector’s global competitiveness.
Commenting on the development, Kirit Bhansali, Chairman of the Gem and Jewelery Export Promotion Council (GJEPC) India, said it is a joyous moment for the entire gems and jewelery sector.
“After the 50 per cent tariff, my sector was severely affected, but this is good news.”
The agreement is expected to provide a direct boost to various segments of the industry by slashing customs duties that had made Indian products unavailable for American buyers over the past few months. Anup Mehta, Convenor of the Diamond Panel in GJEPC and President of Bharat Diamond Jewels, highlighted the specific duty exemptions that will now come into play. “It is very positive for our gem and jewelery sector,” Mehta noted.
“Loose diamonds will go to zero per cent. Gold and silver will also go duty-free. Gem and jewelery sector will get a boost.”
Exporters are already anticipating a sharp recovery in volumes as the cost of doing business with the United States drops significantly. Sanket Patel, Convenor of Lebron Diamond CGPSC, praised the government’s efforts in securing the deal. “What the government has done is great,” Patel said. “Exports from India have already increased significantly. This year, we will see a big push from Lebron diamond exports.”
Beyond immediate sales, the trade pact is being viewed as a catalyst for job creation within the country.
Alkesh Shah, Vice Chairman of Goldstar Jewellery, pointed out the long-term advantages of the lower tariff structure compared to international rivals. “It is going to be very helpful,” Shah said. “It will not only help grow the business but also employment.”
Data Analysis. Pen with business report on financial advisor desk. Concept of business planning, accounting, business analysis, financial planning services. | Photo Credit: utah778
3 Results Today, 12th Feb 2026 Live Updates: Find all the latest Q3 results 2026 updates of Hindustan Unilever, Oil and Natural Gas Corporation, Hindustan Aeronautics, Coal India, Hindalco Industries, Muthoot Finance, Lupine and more.
February 12, 2026 09:23
Stock market live updates: Sensex, Nifty 50 decline in early trade
Sensex fell 340.03 pts or 0.40% to 83,893.61 at 9.17 am after opening at 83,968.43 against the previous close of 84,233.64, and Nifty 50 declined by 93.30 pts or 0.36% to 25,860.55.
A decline in gold prices has been recorded amid the wedding season, while huge volatility is being seen in the silver market. Weak global cues and strong US economy data have dashed expectations of interest rate cuts, which has had a direct impact on the bullion market. Gold prices fell in Delhi on Thursday, while silver remained flat.
Gold price fell by Rs 400
According to All India Bullion Association, the price of gold of 99.9 percent purity in the capital Delhi fell by Rs 400 to Rs 1,60,900 per 10 grams. Earlier on Wednesday it had closed at Rs 1,61,300. However, there was no change in silver prices and it remained stable at Rs 2,68,500 per kg.
Data from America spoiled the game
Market experts say that the main reason for this fall in gold is the employment figures from America. According to Saumil Gandhi, Commodity Analyst at HDFC Securities, expectations of an early interest rate cut by the Federal Reserve have diminished after better than expected labor data in the US.
The American ‘Non-Farm Payroll Report’ released for January states that 1.3 lakh new jobs have been added to the economy there and the unemployment rate has come down to 4.3 percent. This strong economic data has steered investors away from gold.
Biggest rise in silver in 46 years
A report by Kotak Securities has presented a worrying picture regarding silver. According to the report, silver has fallen by almost one-third from its record level of January 29. Silver price volatility has reached its highest level since 1980 due to low liquidity and aggressive positioning in the market.
In the global market too, spot gold fell 0.43% to $ 5,062.46 an ounce, while silver fell by nearly 2% to trade at $ 82.84 an ounce.
What will happen next?
Analysts believe that even though gold is under pressure due to delay in interest rates, geopolitical tensions and continuous purchases by central banks will support it at lower levels. Now the market’s eyes are on America’s unemployment claims and Consumer Price Index (CPI) data coming on Friday, which will decide the future direction.
The Sudan Doctors Network said the deadly strike was carried out by the paramilitary Rapid Support Forces.
Published On 12 Feb 202612 Feb 2026
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A drone attack on a mosque in central Sudan has killed two children and injured 13 more, according to a Sudanese doctor’s association, amid a rise in similar attacks across the region.
The Sudan Doctors Network said the attack was carried out at dawn on Wednesday by the Rapid Support Forces (RSF), a paramilitary group engaged in a three-year civil war with the Sudanese Armed Forces.
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The children were reportedly studying the Quran at the Sheikh Ahmed al-Badawi Mosque in North Kordofan State when the building was hit by a drone in a “blatant violation of international humanitarian law and a grave assault on places of worship”, the doctors’ group said in a Facebook post.
“Targeting children inside mosques is a fully constituted crime that cannot be justified under any pretext and represents a dangerous escalation in the pattern of repeated violations against civilians,” the doctors said.
The Sudan Doctors Network said the RSF has previously targeted other religious buildings for attack, including a church in Khartoum and another mosque in el-Fasher, reflecting a “systematic pattern that shows clear disregard for the sanctity of life and religious sites”.
“The network calls on the international community, the United Nations, and human rights and humanitarian organizations to take urgent action to pressure for the end to the targeting of civilians, ensure their protection, open safe corridors for the delivery of medical and humanitarian aid, and work to document these violations and hold those responsible accountable,” it said.
The UN separately said on Wednesday that a recent series of drone attacks have been reported on civilian infrastructure in Sudan’s South Kordofan, North Kordofan and West Kordofan states.
A World Food Programme (WFP) warehouse in Kadugli was also hit by a suspected rocket attack on Tuesday night, according to UN spokesperson Stephane Dujarric. He did not say which group was responsible for the attack.
“The fact that we have to reiterate almost every day that civilians and civilian infrastructure, places of worship, schools and hospitals cannot and should not be targeted is a tragedy in itself,” Dujarric told reporters.
The UN has warned that Sudan’s civil war is expanding from western Darfur into the Kordofan region.
It has documented more than 90 civilian deaths and 142 injuries caused by drone strikes between the end of January and February 6, which were carried out by the RSF and Sudanese Armed Forces.
Targets included a WFP convoy, markets, health facilities and residential neighbourhoods in southern and northern Kordofan, the UN said.
FIRST ON FOX: The Department of Homeland Security is speaking out against immigration rhetoric from Democrats and launching an investigation after a U.S. citizen in Oregon was arrested and found with a manifesto stating his plans to kill U.S. Immigration and Customs Enforcement (ICE) officials.
Last week, the St. Helens Police Department north of Portland arrested an 18-year-old during a traffic stop after he was found with knives and materials used to manufacture Molotov cocktails, according to police, Fox 12 Oregon reported.
The individual, Rayden Coleman, is also alleged to have authored a manifesto outlining a plan to kill ICE agents at a Portland ICE office in an attack using Molotov cocktails and a gun. Additionally, Coleman reportedly told investigators about his plan and that he planned to pick up an AR-15 the next day from a licensed dealer to carry out the attack. He also reportedly admitted making statements about beheading ICE agents.
“Every day there are more assaults, more vehicle-ramming attacks, more attempts to kill our officers,” Assistant DHS Secretary Tricia McLaughlin told Fox News Digital. “Now, we have an American citizen planning to kill ICE officers with Molotov cocktails and gun them down. It’s disturbing.
U.S. Immigration and Customs Enforcement agents deploy pepper balls, tear gas and flashbang grenades as hundreds of protesters march from Portland City Hall to an ICE center in Portland, Ore., Feb. 1, 2026.(Sean Bascom/Anadolu via Getty Images)
“Sanctuary politicians comparing ICE day-in and day-out to the Nazi Gestapo, the Secret Police and slave patrols have real-world consequences. The men and women of ICE and CBP are fathers and mothers, sons and daughters. They get up every morning to try and make our communities safer. Like everyone else, they just want to go home to their families at night. The violence and dehumanization of these men and women who are simply enforcing the law must end.”
The DHS statement comes the day after several House Democrats railed against ICE during a hearing with acting ICE Director Todd Lyons, comparing ICE agents to Nazis and the Gestapo as they slammed the Trump administration over the deaths of Renee Good and Alex Pretti, two anti-ICE activists killed while opposing federal immigration authorities.
Protesters, using whistles to alert neighborhoods to ICE activity, face off with Minneapolis police officers in Minneapolis Jan. 24, 2026. (Roberto Schmidt/AFP via Getty Images)
DHS says there is an ongoing investigation into the Oregon arrest with ICE Homeland Security Investigations and that Coleman is facing state charges on six counts of manufacturing a destructive device and two counts of conspiracy to commit first-degree assault.
Coleman is being held in the Columbia County jail, and his bail is listed at $400,000.
ICE officers are facing a more than 1,300% increase in assaults against them, according to DHS, along with an 8,000% increase in death threats.
US Immigration and Customs Enforcement agents and other federal law enforcement agencies attend an enforcement meeting in Chicago Jan. 26, 2025. (Getty Images)
As Democrats rally against ICE across the country, Congress has until Friday at midnight to fund DHS. Democrats are threatening to shut down the government if their demands for ICE reforms are not met, and, as days go by, the odds of doing so are becoming increasingly slim.
“I think they (Democrats) are using families as political weapons,” DHS Secretary Kristi Noem exclusively told Fox News Digital last week. “And this is a little bit different, because when it’s the whole government that they shut down, they’re not necessarily just attacking security.
“This feels like a direct attack on the security of our country, our homeland. And it’s almost as though they’ve gotten so extreme, they don’t care if we’re out there on the front lines keeping our country safe from terrorists, keeping our country safe from murderers and rapists.”
Fox News Digital’s Alex Miller and Emma Colton contributed to this report.
Andrew Mark Miller is a reporter at Fox News. Find him on Twitter @andymarkmiller and email tips to AndrewMark.Miller@Fox.com.
Sex crimes detectives have used emerging DNA technology to arrest an elderly man for a series of alleged sexual assaults dating back more than 30 years in a first for New South Wales police.
Robert Wayne Kwan, 77, was arrested after detectives issued a search warrant in South Kempsey on the NSW north coast on Wednesday.
Kwan faced court on Thursday on nine sexual assault and several kidnapping charges.
Police allege Kwan was responsible for three attacks over 11 years, involving an 11-year-old girl in Sydney’s west in 1991, a 16-year-old girl in the Illawarra in 1996, and a 26-year-old woman in Dubbo in 2002.
NSW police used forensic investigative genetic genealogy (Figg) to compare DNA profiles from multiple crimes to match genetic profiles – the same technique used in 2018 to identify the Golden State Killer in the United States.
Unlike traditional forensic profiling, which looks at 21 genetic markers, the Figg process examines hundreds of thousands of genetic markers to identify familial connections as distant as fourth cousins.
DNA markers are compared against two publicly available genealogy databases, GEDmatch PRO and FamilyTreeDNA, which allow law enforcement access to consenting profiles for use in solving serious crimes.
NSW detectives started using the technology in 2022 to review unsolved sex crimes and were allegedly able to link three cases to a single male profile.
Each of the three alleged attacks were reported and DNA samples were collected.
After DNA analysis confirmed the assaults were linked by the same male DNA profile, police uploaded it to the public genealogy databases, identifying a close relative of the attacker and eventually narrowing their search to Kwan.
It is the first arrest triggered by the technology in NSW.
The sex crimes squad commander, Det Supt Jayne Doherty, urged the public to consider “opting in” on genealogy websites to allow law enforcement to compare profiles.
She said such access is used only for the most serious victim-based offences such as homicides, sexual assaults or to identify human remains.
According to Doherty, other Australian states are using the technology and a previous arrest using the method was made in Western Australia.
“No matter how much time has passed, our detectives continue to pursue every available avenue to identify those responsible for sexual assaults like this.”
Kwan did not apply for bail and will return to Kempsey local court on 22 April.
Chief Minister of Uttar Pradesh Yogi Adityanath On Wednesday directed to deal strictly with elements trying to disturb peace during various festivals including Holi, Mahashivratri and Ramzan. The Chief Minister held a review meeting of the law and order of the state with senior officials at Lok Bhawan here.
Administrative and police officers of all divisions, police zones, ranges and districts participated in the meeting through video conferencing. According to an official statement, the Chief Minister said that the festival of Holi will be celebrated from March 2 to 4 and there will be a festive atmosphere in the entire state including the Braj region.
Action should be taken against those who disturb the colours- CM Yogi
He directed that there should be no infiltration of unruly elements in the processions under any circumstances and strict action should be taken against those who disturb the colors or spread hysteria. CM Yogi said that by learning from the incidents of past years, vigilance, monitoring and management should be further strengthened as per local needs. He said that Holika Dahan should be done only at traditional places and should not be done in the middle of the road under any circumstances.
Along with this, instructions were also given to continuously monitor the posts spreading rumors on social media. In view of Mahashivratri, Holi and Ramzan as well as Board examinations of Secondary Education Council, Census and other important events, the Chief Minister directed to give top priority to peace, security and public order.
Safety of Kanwar pilgrims ensured – CM Yogi
He asked the police and administration to remain fully alert to ensure the safety of Kanwar pilgrims and prevent any kind of accident. The Director General of Police said that related guidelines have been issued. The Chief Minister took information about the preparations for Mahashivratri from the District Magistrates of Varanasi, Meerut, Lakhimpur Kheri and Barabanki.
He said that a large number of devotees will reach the major Shiv Dhams on February 14 and 15, therefore, NDRF and SDRF teams should be active 24 hours to ensure smooth darshan, traffic, parking, women safety and to deal with emergency situations. CM Yogi said that deployment of adequate women police personnel in the temple premises should also be ensured.
Board exams should be free from cheating- CM Yogi
The Chief Minister directed for a permanent solution to the traffic jam, strict enforcement of the complete ban on DJ and loud sound equipment after 10 pm and an effective ban on begging around religious places. He said that the 10th and 12th board examinations starting from February 18 should be free from cheating and strictest action should be taken against those who play with the sanctity of the examination.
No new tradition should be started – CM Yogi
CM Yogi also gave instructions to maintain communication with religious leaders in view of Ramadan and possibly Eid on March 21 and not to allow any new tradition to be started. The Chief Minister said that from March 19, the festival of Navratri and Ram Navami will come and preparations for all these events should be completed on time and necessary arrangements should also be ensured for the first phase of the census.
