Mumbai wealthiest city in India with total wealth of $820 bn; Bengaluru third

Mangaluru: A seemingly harmless YouTube advertisement has cost a Mangaluru man his life savings, after he fell victim to an elaborate investment scam and lost a staggering ₹55 lakh.

According to the police complaint, the victim was lured in by a man named Shardul Jani, who claimed that a trading app called Abans Pro would deliver high returns. On February 11, the man made an initial investment of ₹15,000. A trading account was created for him, which soon began displaying encouraging profits.

Buoyed by these promising numbers and under constant persuasion from the accused, the man was convinced to invest more. Reassured that the money could be withdrawn at any time, he not only continued investing himself but also involved his relatives, who collectively transferred ₹39 lakh into his account for further investments.

Between February 11 and March 27, the victim transferred a total of ₹55 lakh to multiple bank accounts provided by the accused. But when he finally attempted to withdraw the funds, nothing came back. The profits were a mirage—his money had vanished.

Realising he had been conned, the man approached the Bajpe police, who have registered a case and begun an investigation into the fraudulent scheme.

In a significant leap toward sustainable urban mobility and coastal tourism, Karnataka Chief Minister Siddaramaiah has greenlit the ambitious Mangaluru Water Metro Project (MWMP). The approval was announced during a high-level Water Transport Board meeting held in Bengaluru, marking a milestone in the coastal city’s development roadmap.

Originally unveiled in the state budget earlier this year, the project takes inspiration from the acclaimed Kochi Water Metro and is designed to redefine water-based commuting and recreational transit in Mangaluru. The water metro will chart a 30-km course along the Gurupura and Netravathi rivers, offering both scenic journeys and practical connectivity for locals and tourists alike.

“The purpose of this project is to enhance tourism and recreation activities while also decongesting the city’s road traffic,” a senior officer from the Karnataka Maritime Board (KMB) stated. The KMB will lead preliminary studies and planning for MWMP implementation.

The proposed water route will interconnect 17 strategic locations, including:

•    Kulur Bridge

•    Bangrakulur

•    New Mangaluru Port

•    Sultan Battery

•    Tannir Bhavi

•    Old Port

•    Bengre

•    Hoige Bazaar

•    Ullal

•    Bolar Sea Face

•    Someshwar Temple … and more, covering densely populated, industrial, and tourist-friendly zones.

Planned as a green, affordable, and efficient public transport system, the Water Metro will deploy modern catamarans, with options for electric or low-emission diesel propulsion—positioning Mangaluru as a model for eco-conscious urban infrastructure in India.

With its blend of functionality and scenic charm, the MWMP is expected to not only transform the city’s transport landscape but also boost employment, local businesses, and regional tourism.

Bengaluru: The leaked contents of Karnataka’s long-awaited caste census suggest a significant policy shift—extending the creamy layer rule to Category 1 castes under the backward classes reservation list. This category includes some of the most disadvantaged nomadic and microscopic communities.

The commission, headed by Jayaprakash Hegde, has reportedly recommended that the creamy layer policy—already applied to categories 2A, 2B, 3A, and 3B—be extended to Category 1. The report notes that some groups within Category 1 have achieved considerable progress socially, economically, educationally, and politically, thus justifying the introduction of a filtering mechanism.

The panel emphasized the growing inequality within Category 1 itself, stating that children from impoverished farming and labourer families are unable to compete with the children of wealthier households in the same category.

“The competition is stiff here and there is a threat that this category may become one populated by the rich in due course if the creamy layer policy is not implemented,” the report reportedly states.

It further underlines that to fulfil the constitutional goal of equitable opportunities, the policy must be introduced across all categories of backward classes, including Category 1.