India’s retail inflation rises to 4-month high of 5.08% as kitchen items become costlier

Agencies
July 12, 2024

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New Delhi: Retail inflation increased to 5.08 per cent in June as kitchen items became dearer, according to government data released on Friday.

The Consumer Price Index (CPI) based retail inflation was 4.8 per cent in May 2024 and 4.87 per cent in June 2023 (previous low).

Inflation in the food basket was 9.36 per cent in June, up from 8.69 per cent in May, according to the data released by the National Statistical Office (NSO).

The government has tasked the Reserve Bank of India (RBI) to ensure that the CPI inflation remains at 4 per cent with a margin of 2 per cent on either side.

The RBI projected the CPI inflation for 2024-25 at 4.5 per cent, with Q1 at 4.9 per cent, Q2 at 3.8 per cent, Q3 at 4.6 per cent, and Q4 at 4.5 per cent.

The central bank mainly factors in the retail inflation while deciding its bi-monthly monetary policy.

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News Network
August 29,2024

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New Delhi: Incidents of student suicides in India have grown at an alarming annual rate, surpassing the population growth rate and overall suicide trends, according to a new report.

Based on the National Crime Records Bureau (NCRB) data, the "Student suicides: An epidemic sweeping India" report was launched on Wednesday at the Annual IC3 Conference and Expo 2024.

The report pointed out that while the overall suicide numbers increased by 2 per cent annually, student suicides cases surged by 4 per cent, despite a likely "under reporting" of student suicide cases. "Over the past two decades, student suicides have grown at an alarming annual rate of 4 per cent, double the national average. In 2022, male students constituted 53 pc (per cent) of the total student suicides. Between 2021 and 2022, male student suicides decreased by 6 per cent while female student suicides increased by 7 per cent," noted the report compiled by IC3 Institute.

"The incidence of student suicides continues to surpass both population growth rates and overall suicide trends. Over the last decade, while the population of 0-24-year-olds reduced from 582 million to 581 million, the number of student suicides increased from 6,654 to 13,044," it added.

The IC3 Institute is a volunteer-based organisation that provides support to high schools around the world through guidance and training resources for their administrators, teachers and counsellors to help establish and maintain robust career and college counselling departments.

According to the report, Maharashtra, Tamil Nadu, and Madhya Pradesh are identified as the states with the highest number of student suicides, together accounting for one-third of the national total.

Southern states and union territories collectively contribute 29 per cent of these cases, while Rajasthan, known for its high-stakes academic environment, ranks 10th, highlighting the intense pressure associated with coaching hubs like Kota.

"The data compiled by the NCRB is based on police-recorded first information reports (FIRs). However, it is important to acknowledge that the actual number of student suicides is likely underreported. This under-reporting can be attributed to several factors, including the social stigma surrounding suicide and the criminalisation of attempted and assisted suicide under Section 309 of the Indian Penal Code.

Although the 2017 Mental Healthcare Act decriminalises suicide attempts for individuals with mental illness, the legacy of criminalisation continues to impact reporting practices, it said.

"Moreover, there are significant data discrepancies due to the lack of a robust data collection system, particularly in rural areas, where reporting is less consistent compared to urban regions," it said.

Ganesh Kohli, the Founder of the IC3 Movement, said the report serves as a reminder of the urgent need to address mental health challenges within our learning institutions.

"Our educational focus must shift to fostering the competencies of our learners such that it supports their overall well-being, versus pushing them to compete amongst each other.

"It is imperative that we build a systematic, comprehensive, and robust career and college counselling system within each institution, while seamlessly integrating the same within the learning curriculum," he said.

Additionally, the report noted a dramatic increase in student suicides, with male suicides rising by 50 per cent and female suicides by 61 per cent over the past decade.

"Both genders have experienced an average annual increase of 5 pc (per cent) in the last five years. These alarming statistics underscore the critical need for enhanced counseling infrastructure and a deeper understanding of student aspirations.

"Addressing these gaps is essential for shifting the focus from competitive pressures to nurturing core competencies and well- being, thereby supporting students more effectively and preventing such tragedies," the report said.

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News Network
August 29,2024

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United Nations Secretary-General Antonio Guterres says he is “deeply concerned” over Israel’s all-out military assault on the occupied West Bank, calling for a swift end to the aggression in the Palestinian territory.

In a statement on Wednesday, Guterres called for “an immediate cessation” of Israel’s aggression in the occupied West Bank, including its assault on Jenin, Tulkarem and Tubas governorates.

In the early hours of Wednesday, the Israeli army conducted its biggest operation – dubbed “Camps of Summer” – in the West Bank in over 20 years, deploying hundreds of troops and airstrikes on Jenin, Tulkarem, and Tubas, which are major centers of Palestinian resistance against the occupying entity.

At least 17 Palestinians have been killed in Israeli raids and strikes in several towns, with many more sustained injuries. Eight of them were killed in Jenin, five in Tulkarm and four in Tubas, the Wafa news agency reported, citing medical sources.

Guterres strongly condemned the loss of lives, including of children, and urged Tel Aviv to protect civilians and ensure their safety.

“All those injured must have access to medical care, and humanitarian workers must be able to reach everyone in need,” the UN chief said. “These dangerous developments are fueling an already explosive situation in the occupied West Bank and further undermining the Palestinian Authority,” he added.

Palestinian President Mahmoud Abbas, head of the Palestinian Authority (PA), shortened his trip to Saudi Arabia and returned to the West Bank on Wednesday over Israel’s relentless aggression in northern parts of the territory.

In an interview with Israel’s Army Radio on Monday, Israeli minister Itamar Ben-Gvir also proactively confirmed that he plans to construct a synagogue inside the Al-Aqsa Mosque compound in the occupied East al-Quds, drawing condemnation from various countries and international organizations.

Elsewhere in his remarks on Wednesday, Guterres also expressed concern over “dangerous and provocative acts and statements” by Ben-Gvir, who has repeatedly visited the Al-Aqsa Mosque complex, despite a longstanding ban on Jews praying at the site.

It was the first time for the Israeli minister to openly speak about building a synagogue inside the complex, strengthening the narrative that the Muslim holy site and Palestinian national symbol is under threat from the occupying regime.

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News Network
September 9,2024

Mangaluru, Sept 9: An action committee has voiced concerns about the construction of a new toll plaza near Sooralpady Masjid on the Mangaluru-Moodbidri-Karkala National Highway 169, 17 km from Nanthoor. Amidst ongoing construction, the Action Committee Against Surathkal Toll Gate claims irregularities and poor site selection.

Committee convener Muneer Katipalla noted that only 50% of the Nanthoor-Moodbidri-Karkala highway upgrade is complete after seven to eight years. The Nanthoor-Vamanjoor stretch remains unfinished, causing traffic issues, while dangerous hillside cutting near Kettikal has forced residents to relocate. Additionally, a flyover near Kaikamba threatens a local market.

Katipalla also criticized the construction of a bypass road, alleging it benefits real estate investors and inflates the project cost, which could increase toll fees. The proposed toll plaza, situated 36 km from Talapady toll gate and 35 km from Brahmarakotlu toll gate, violates distance regulations and is too close to local amenities, raising public objections.

There is growing concern that toll collection might begin before the project's completion, with locals frustrated by unaddressed grievances. Social activist Bava Padarangi, DYFI leader Srinath Kulal, and other community leaders attended the site visit.

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