Veteran Kannada journalist Ravi Belagere passes away

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, Jan 17: A heart-wrenching accident at Nadupadavu near Kattukodi on the outskirts of the city claimed the life of a young scooter rider this morning. 

The victim, identified as Abubakar Siddiq Razwi (22), son of Moydeen Kunji Bavu and a resident of Nadupadavu, tragically succumbed to his injuries on the spot.

The accident occurred when a scooter traveling from Deralakatte collided with an Ace Tempo heading from Mudipu to Thokkottu.

Abubakar, a final-year student at an Arabic Shariah College in Kasargod, leaves behind a community in mourning. The tempo driver also sustained injuries in the collision.

The Mangaluru South Traffic Police have registered a case and are conducting an investigation into the incident.

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."