Days after assault by wife and son, Udupi hotelier Bhaskar Shetty goes missing

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 Reassured that the money could be withdrawn at any time, he not only continued investing himself but also involved his relatives, who collectively transferred ₹39 lakh into his account for further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.

Tumakuru: Karnataka Home Minister G Parameshwara announced on Sunday that the much-anticipated caste census report will be formally discussed at a special meeting of the state Cabinet scheduled for April 17. The meeting will focus on the findings and recommendations of the report, which has recently been circulated among ministers.

Speaking at Tiptur in Tumakuru district, Parameshwara noted that the caste census was conducted to ensure equitable access to essential services, education, and employment for downtrodden communities.

“The Congress government, between 2013 and 2018, spent crores of rupees to gather caste-based data from 1.37 crore families,” he said. “However, implementation was delayed by successive governments for various reasons.”

He emphasized the need for careful and informed deliberation and urged political leaders to avoid commenting on the report without studying it. “Nearly 80 per cent of the information in the report is accurate,” the Home Minister said, reinforcing the document’s credibility.

The Cabinet’s decision following the April 17 meeting could have far-reaching implications on Karnataka’s reservation policy and social equity framework.

Mangaluru, Apr 7: A price storm is brewing in Mangaluru’s hotel and restaurant industry. Faced with skyrocketing raw material costs and mounting overheads, hoteliers are preparing to hike food prices by up to 10% within a month — a move that could hit the pockets of thousands of diners across Dakshina Kannada.

From milk and oil to LPG and staples like rice and toor dal, prices have surged, pushing both vegetarian and non-vegetarian establishments to the brink. Over 65% of hotels operate in rented spaces, and labour shortages are adding fuel to the fire.

Swarna Sunder of Dinki Dine says running a hotel without burdening customers is becoming near-impossible. “Costs are rising daily. We’re trying to strike a balance, but a hike is inevitable,” he said, calling Mangaluru a highly price-sensitive market.

Industry leaders, including the Dakshina Kannada Hotel Owners Association, are expected to meet soon to formalize the revision.

Meanwhile, hoteliers blame "unhealthy competition" for further disrupting the sector. “Some serve unlimited fish meals under ₹60 — it’s unsustainable and unfair,” said a hotelier, adding that such practices are forcing smaller eateries to shut shop.

Chandrahas Shetty, president of the district association, confirmed that rising input costs have left them with little choice but to revise menus.