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
October 27,2024

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The Israeli regime’s forces have carried out intense bombing raids against six buildings in the city of Beit Lahia in northern Gaza Strip, killing at least 45 people.

Dozens more were also wounded after the raids targeted the structures, including a house belonging to a Palestinian family named as Abu Shidiq, on Saturday.

The attacks came as the severity of the regime’s aggression has forced the Palestinian Civil Defense to cease its activities in the northern side of the coastal sliver, leaving civilians there to their own devices.

Commenting on the situation, Director-General of the Gaza Health Ministry, Medhat Abbas said more than 900 Palestinians had been killed over the past weeks during the Israeli campaign that has targeted the northern areas.

Kamal Adwan Hospital, the last functioning hospital in the north, has been a special focus of the campaign that has either killed all of the facility’s doctors or forced them to flee, with the exception of three physicians, who remain there, he added.

“The occupation is committing genocide by destroying the health system in Gaza,” Abbas noted.

The regime embarked on implementing a so-called “Generals’ Plan” in northern Gaza earlier in the month, deploying hundreds of military vehicles and thousands of forces with immense firepower towards its realization.

The plan seeks to tighten the regime’s siege against the areas, cut off humanitarian aid to hundreds of thousands of Palestinians inside, and label those who remain there as combatants so it could target and kill them after declaring the areas "closed military zones.”

The plan is part of a genocidal war that the regime launched against the Gaza Strip last October, during which it has killed more than 42,924 Palestinians, mostly women and children, and wounded another 100,833.

Also on Saturday, the Council on American Islamic Relations (CAIR), a civil rights group, called on the United States, the regime’s biggest supporter, to stop the “systematic extermination of an entire population” in Gaza.

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News Network
October 26,2024

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Udupi, Oct 26: In a heartbreaking incident in Beejadi village near Kundapur in Udupi district, two young men were swept away by a powerful wave while swimming in the sea on Saturday morning. 

Santosh, 21, was pulled from the water by local fishermen and residents, but tragically, he succumbed to his injuries on the way to the hospital. Ajay, who was also caught in the wave, remains missing, according to Kundapur police.

The duo, along with friends Shreyas and Mokshith, had been staying at the Sahana Sun Caste Resort to attend a wedding. Ignoring warnings from locals about the dangers of entering the sea, the group ventured into the water. Around 9:30 a.m., a large wave suddenly engulfed them, sweeping Ajay and Santosh into deeper waters.

Police reported that Ajay hailed from Hangalli village near Kundapur, while Santosh was from Dasarahalli near Bengaluru. Expert divers have been dispatched to the scene in hopes of locating Ajay’s body.

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News Network
October 28,2024

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Bengaluru: A burned, unidentifiable body discovered in a Kodagu coffee plantation has led Karnataka police to unravel a shocking murder plot involving 54-year-old businessman Ramesh’s wife, Niharika (29), her lover Nikhil, and accomplice Ankur. The trio allegedly orchestrated Ramesh’s murder for financial gain, journeying across state lines to dispose of his body in an attempt to conceal their crime. All three suspects are now in custody.

Suspicious Discovery in Kodagu Estate

On October 8, a charred body was found in a coffee plantation near Suntikoppa, Kodagu. With no immediate means of identification, police reviewed local CCTV footage. A red Mercedes Benz passing through the area raised suspicions. Registered under Ramesh’s name, this vehicle led the police to contact Telangana authorities, linking the case to Ramesh, who had recently been reported missing by his wife, Niharika.

An Intricate Plot for Wealth

As investigations deepened, police began to suspect Niharika’s involvement. Under questioning, she revealed her role in the plot and implicated her accomplices, Nikhil—a veterinary doctor—and Ankur. The probe uncovered Niharika’s troubled past, including a stint in prison, where she met Ankur. After marrying Ramesh, her desire for luxury grew, and she allegedly demanded ₹8 crore, which Ramesh refused, leading her to conspire with Nikhil and Ankur.

Murder and Cover-Up

On October 1 in Uppal, Hyderabad, the accused allegedly strangled Ramesh. They then drove over 800 km to Kodagu, disposing of the body in a coffee estate by setting it ablaze. Niharika later filed a missing person report for Ramesh to cover her tracks.

Painstaking Investigation

Kodagu Police Chief Ramarajan highlighted the challenges faced: “The body was nearly unrecognizable. Our team traced suspicious vehicle activity across CCTV cameras from Kodagu to Tumkur, eventually linking the vehicle to Ramesh from Telangana.” Through detailed examination, police collected enough evidence to arrest Niharika, Nikhil, and Ankur, confirming the horrifying plot that led to Ramesh’s murder.

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