Agra: Sunny Yadav, the nephew of slain Uttar Pradesh Bar Council president Darwesh Yadav has named Manish Sharma, his wife Vandana and another lawyer Vineet Gulecha as the accused in the murder of the first woman chief of the council, who was shot dead in a lawyers chamber. Manish Sharma, a lawyer, who fired three shots on Wednesday at Darwesh Yadav, later shot himself in the head, and has been shifted to the Medanta hospital in Gurugram in a critical condition. Also Read – Rajnath Singh receives IAF’s first Rafale fighter jet from France Lawyers across the state have decided not to work on Friday as a token of respect to the Bar Council chief. Meanwhile, a festering relationship between Darwesh Yadav and Manish Sharma is now believed to be motive behind the killing. Both had started practicing law in 2004 and the two even shared the same chamber in the court. According to Sunny Yadav who lodged the FIR late on Wednesday, Darwesh Yadav often helped Sharma with his career and gave him money, car and jewellery. Also Read – ED can withhold names of tax evaders in Panama Papers: CIC “A few months ago, when Darwesh Yadav asked Sharma to return the money he owed her, his wife Vandana threatened Darwesh Yadav with dire consequences. Manish Sharma had taken over Darwesh’s chamber and she had to start working form other lawyers’ chambers,” Sunny has said in the FIR. Minutes before the shooting in lawyer Arvind Kumar Misra’s chamber — where Darwesh was sitting with her colleagues — Sharma got into an argument with her. Lawyers present said that Sharma shouted “Tu jeet gayi” (you have won) and fired at Darwesh Yadav’s cousin Manoj Yadav who was seated beside her. He ducked and escaped the bullet. Sharma then fired three shots at Darwesh Yadav. She was hit in the head and chest and slumped into a pool of blood. Before anyone could realise what had happened, Manish Sharma put his pistol to his temple and shot himself. Talking to reporters, Sunny Yadav said that another advocate Vineet Gulecha is the mastermind and jealously was the motive behind the crime. “Gulecha was jealous of Darwesh’s growing popularity and used Manish Sharma to settle the scores,” he said. Meanwhile, Uttar Pradesh Minister for Law Brijesh Pathak was expected to be in Etah to pay respect to the departed soul on Thursday. Samajwadi Party President Akhilesh Yadav is also scheduled to reach Etah later in the day and meet the family of the slain lawyer.
TORONTO — The Toronto stock market was barely changed Thursday as traders continued to digest the latest policy announcements from the U.S. Federal Reserve.Here are the closing numbersTSX — 15,112.22+2.97 0.02%S&P 500 — 1,959.48+2.50 0.13%Dow — 16,921.46+14.84 0.09%Nasdaq — 4,359.33 -3.51 -0.08%The S&P/TSX composite index inched up 2.97 points to settle at 15,112.22, adding to its record close on Wednesday which came six years to the day of the previous record set in June 2008, just before the Great Recession sent stocks tumbling. The loonie gained 0.23 of a cent to 92.40 cents US.Wall Street was also muted as markets assessed Wednesday’s Fed statement, which hinted that the central bank wasn’t too worried about inflation but gave no signs on when it might start raising interest rates. The Dow Jones industrials rose 14.84 points to 16,921.46, the Nasdaq dipped 3.51 points to 4,359.33, while the S&P 500 index added 2.50 points to 1,959.48. Andrew Pyle, senior wealth adviser at Scotia McLeod in Peterborough, Ont., said both Bay Street and Wall Street seem to be pulling back a bit as traders realize that the Fed statement did not necessarily warrant sending stocks higher. “The reaction to the Fed announcement was a knee-jerk reaction,” Pyle said. “If we look at what the Fed is producing in terms of material behind its decision, the markets should not have rallied to the extent that it did. The fed officials are still looking at tightening policy, they’re still tapering, quantitative easing and, going into 2015, there is going to be less stimulation for stock markets.”As expected, the Fed also announced it would continue to reduce its monthly bond buyback program by US$10 billion to US$35 billion a month starting in July, on signs of a steadily growing U.S. economy.On Thursday, the Conference Board said its index of leading indicators for the American economy increased 0.5% last month, the fourth consecutively monthly increase for the measure, which attempts to gauge the economy’s future health. In corporate news, BlackBerry (TSX:BB) posted a surprise US$23-million profit in its first quarter, which beat analyst expectations and showed that efforts the company has made to revamp its smartphone business are making headway.BlackBerry CEO John Chen said the Waterloo, Ont., company plans on launching a new keyboard smartphone called the BlackBerry Passport in September. It will also continue to dedicate more resources to serving business and public sector customers after a failed attempt to compete with Apple’s iPhone in the consumer market. Shares in BlackBerry gained more than 9% or 84 cents to close at $9.84 in Toronto.Meanwhile, commodity markets were higher amid growing geopolitical instability. Traders bought into gold, sending the price of August bullion up $41.40 to US$1,314.10 an ounce.Pyle said traders are moving into the precious metal as many expect continued volatility in the stock markets going into the summer due to fighting in eastern Ukraine between pro-Russian insurgents and government forces and the situation in Iraq. U.S. President Barack Obama said he was dispatching up to 300 U.S. military advisers to help quell the insurgency in Iraq. Though not specifically mentioning airstrikes, Obama also said he was leaving open the possibility of “targeted and precise military action” in the future.The July crude contract added 46 cents to US$106.05 a barrel while July copper added two cents to US$3.08 a pound.TOP STORIESAs investors cheer BlackBerry results, CEO Chen touts next phase of turnaround‘The short trade is over’: What analysts are saying about BlackBerry’s earnings beatCanadians are getting richer and their mortgage debt is shrinkingWhy investors should hold off on celebrating the TSX’s new closing record for nowAmerican Apparel CEO Dov Charney suspended as board seeks to fire him over alleged misconductWHAT’S ON DECK FRIDAYCANADA8:30 a.m.Consumer Price Index (May): Economists expect Retail Sales (April): Economists expect CORPORATE NEWSUNITED STATESDarden Restaurants Q4 earnings: Analysts expect 94¢ a share CarMax, Inc. Q1 earnings: Analysts expect 67¢ a share