Private schools across Karnataka stop online classes condemning attack on Gen Sec

Mangaluru: In a brazen daylight robbery, a group of five to six armed individuals stormed into the Kotekar Vyavasaya Sahakara Seva Sangha branch at KC Road, Ullal taluk, and escaped with valuables estimated at ₹10-12 crore.

The incident occurred between 11:30 am and 12:30 pm, according to Police Commissioner Anupam Agrawal. The masked robbers, aged between 25-35, were armed with a pistol, talwar, and knife. They threatened the four to five employees present, forcing them to open the vault containing jewellery and other valuables.

The suspects spoke in Hindi and Kannada and fled the scene in a black Fiat car. Commissioner Agrawal confirmed that multiple police teams have been formed, and efforts are underway to track the culprits using technical surveillance and other leads.

CM Siddaramaiah Holds Emergency Meeting

Chief Minister Siddaramaiah convened a high-level meeting with senior police officials, including IGP Amit Singh, Commissioner Anupam Agrawal, SP Yathish N, and DySP, following the robbery.

Expressing dissatisfaction over security lapses, Siddaramaiah questioned, "How did this happen despite officials being present? Why were toll gates not secured?"

Officials reported that the bank had no security personnel and only five to six staff members on duty during the heist. The Chief Minister has directed authorities to enhance security across four districts, intensify checks at toll gates, and arrest the accused swiftly to ensure stringent legal action.

Mangaluru: In a significant development, Mescom has proposed a phased electricity tariff hike starting with Rs 0.70 per unit for the fiscal year 2025-26. The proposal has been submitted to the Karnataka Electricity Regulatory Commission (KERC) for approval, signaling a potential increase in electricity costs for consumers.

Mescom emphasized that the current tariff structure is insufficient to meet operational expenses and manage revenue effectively. To address this, the company has invited public objections to the proposed hike.

Currently, the electricity supply cost is Rs 9.23 per unit, while the consumer tariff stands at Rs 8.53 per unit, leading to a shortfall of Rs 0.70 per unit. For the financial year 2023-24, Mescom reported revenue of Rs 5,924.73 crore against an expenditure of Rs 6,310.39 crore, resulting in a deficit of Rs 367.66 crore. For the 2025-26 fiscal year, projected revenue is Rs 5,850.81 crore, with an actual requirement of Rs 5,961.63 crore, creating a deficit of Rs 110.82 crore.

In a first, Mescom has submitted a multi-year tariff revision proposal to KERC. The plan outlines a hike of Rs 0.70 per unit for 2025-26, followed by Rs 0.37 per unit for 2026-27 and Rs 0.54 per unit for 2027-28.

"An increase in electricity tariff is inevitable," stated Jayakumar R, Managing Director of Mescom. "Mescom has submitted a proposal in this regard to KERC."

Despite the announcement of a ceasefire deal, Israel has intensified its airstrikes and artillery shelling on Gaza, especially its residential buildings, killing more than 100 Palestinians.

Gaza’s civil defense said on Friday at least 101 Palestinians, including 27 children and 31 women, have been killed by Israeli strikes in Gaza since the ceasefire announcement on Wednesday.

The attacks have also left more than 264 injured, according to the rescue agency.

Most of the killings came in Gaza City.

The report comes as Israeli attacks have shown no sign of slowing on the ground, with dozens of strikes reported on Friday.

In northern Gaza’s Jabalia, nine members of a Palestinian journalist’s family, including women and children, were killed.

Two more Palestinians were killed in a separate Israel airstrike in the Jabalia al-Balad area, in the north of Gaza. 

Jabalia has come under fierce attack since the Gaza ceasefire announcement this week. On Thursday, at least 20 were killed in one attack in the area.

At least five others were also killed in another attack that targeted a home, east of Khan Younis City, in Southern Gaza on Friday.

To the west of Khan Younis, three people were killed in attacks on tents housing displaced people.

Another tent was targeted in Nuseirat camp in central Gaza, killing one person.

That's while Israel’s prime minister Benjamin Netanyahu said he would convene his cabinet later on Friday to approve the long-awaited ceasefire.

Israel launched a genocidal war on Gaza on October 7, 2023, after the Palestinian resistance movement Hamas waged the surprise Operation Al-Aqsa Storm against the occupying entity in response to the Israeli regime's decades-long campaign of bloodletting and devastation against Palestinians.

The regime’s bloody onslaught on Gaza has so far killed at least 46,788 Palestinians, mostly women and children, and injured more than 110,453 others. Thousands more are also missing and presumed dead under rubble.

The ceasefire, announced on Wednesday, consists of three phases and would come into effect on Sunday over 42 days.

The truce deal stipulates that a large-scale prisoner exchange will occur, including the release of 1,000 prisoners from Gaza and hundreds of detainees serving lengthy sentences.

The first stage involves the release of 33 captives, including "children, women, female soldiers, men above 50, and the wounded and sick," as well as a gradual, partial withdrawal of invading Israeli units.