kozhikode l tuesday l july 13, 2021 l `7.00 l PAGES 12 l city EDITION Lightning kills at least 41 in Rajasthan, U.P., and M.P. Deaths occurred over a span of 24 hours since Sunday evening as monsoon showers led to flash floods in parts of north India 23 killed in Rajasthan alone cars swept away in himachal floods Twenty-three people, including seven children, died in Rajasthan alone, which reported the highest number of deaths. In Jaipur, 12 people, mostly youngsters who were taking selfies, were killed when a thunderbolt struck the iconic watchtower at the Amber Fort. In Uttar Pradesh, at least 12 people were killed while Madhya Pradesh reported six deaths ■ ■ Heavy rains in Himachal and Uttarakhand triggered flash floods, which swept away buildings and cars at tourist spots In Dharamsala, four cars and several bikes were swept away by the deluge, which damaged a school building and inundated hotels. All flights to and from the town have been cancelled | P7 A2 lakh Ex-gratia announced for the kin of those killed by a lightning CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOgGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ WARANGAL ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI Retail inflation remains high at 6.26% Stays past RBI’s tolerance level for 2nd consecutive month, driven by food, fuel prices; factory output grows 29.3% in May E x p r e s s N e w s Se r v i c e @ New Delhi HIGH retail prices continue to wreak havoc on India’s economy as inflation based on the Consumer Price Index (CPI) was a high 6.26% in June, according to government data released on Monday . With retail inflation remaining above the RBI’s tolerance limit of 6%, experts say it will force the central bank to revise its inflation forecast in the next monetary policy meet scheduled NEET put off to Sept 12, regn begins today E x p r e s s N e w s Se r v i c e @ New Delhi As reported exclusively in these columns on July 10, The National Eligibility cum Entrance Test 2021 (NEET) for undergraduate medical courses has been put off by over a month. It will now be held on September 12 instead of August 1 across the country . “The NEET (UG) 2021 will be held on 12th September 2021 across the country following COVID-19 protocols. The application process will begin from 5 pm tomorrow through the NTA website(s),” informed new Union Education Minister Dhar mendra Pradhan on Monday . In order to ensure social distancing norms, the number of cities where the examination will be conducted has been increased from 155 to 198. The number of examination centres, too, will go up, though the new figure is yet to be determined. Last year’s NEET exam was held in 3,862 centres. To ensure adherence to Covid-19 protocols, face mask will be provided to all candidates at each centre. between August 4 and 6. However, they don’t expect the RBI to change the key policy rates. In the last monetary policy review, RBI had revised inflation forecasts for FY22 to 5.1%. But, the general consensus among economists is that inflation may average above that level in FY22. “Following today’s CPI inflation print, we expect the inflation forecasts to be revised upwards in the next MPC review, amid a status quo in the rates and stance, albeit with an underlying tone of uneasiness in the commentary said Adit Na,” yar, Chief Economist, ICRA. While technically, retail inflation softened to 6.26% from 6.3% in May, food inflation zoomed to 5.15% from 5.01%. In the food basket, egg prices rose 19.4% while those of oils and fats increased 35% , data showed. Fruit prices also saw a 12% jump, while Manufacturing rebounds Manufacturing, which constitutes 77.63% of the IIP, grew 34.5% in May though it shrank 16.4% compared with the pre-Covid period (May 2019). Industrial production had plunged 18.7% in March last year following the Covid outbreak Rome is the home Hooligans field day Thousands of fans gate crashed Wembley before kick-off leaving many ticket holders stranded. Also there were scenes of carnage on the streets of London due to unruly conduct. Unbeaten italy champs Having entered Euro as favourites, Italy lived up to the billing in the final. Unbeaten in 34 matches, they proved their mettle by winning in the penalty shootout. racist abuse on players Lost in the final stretch For all the talk of ‘Its coming home’, England fell short when it mattered. After taking 1-0 lead, they chose to sit back and defend and that proved costly in front of the home crowd. 53 ITaly have won euro title after a gap of 53 years. It is not coming home, yet England are yet to win a major tournament since lifting the World Cup in 1966. five Gianluigi Donnarumma has won each of the 5 games in which his team has faced penalty shootouts Marcus Rashford, Jadon Sancho and Bukayo Saka, who missed their penalties in the shootout, were racialy abused online. Rashford’s mural in Manchester was defaced in the aftermath. express read SSLC results to be announced tomorrow Pupils face generational catastrophe, says UN Congress looks at leadership change in LS T’Puram: The results of the SSLC examinations conducted this year will be announced on Wednesday. General Education Minister V Sivankutty will announce the results at 2pm. In addition, THSLC, THSLC (Hearing Impaired), SSLC (Hearing Impaired), AHSLC results will also be announced on the day. Paris: Continued shutting down of schools due to the Covid-19 pandemic will lead to a generational catastrophe, heads of UNICEF and UNESCO warned on Monday. The losses that children and young people incur from not being in educational institutions may never be recouped, a joint statement said. New Delhi: With the monsoon session of Parliament beginning next week, Congress is looking at a leadership change in Lok Sabha. Adhir Ranjan Chowdhury is expected to be replaced as the leader of the Congress in LS. Sources says Shashi Tharoor and Manish Tewari are leading the race to replace him. 30 august 1946 l 12 July 2021 A great shepherd who loved Church and people E x p r e s s N e w s Se r v i c e @Kochi N one wh o a p p r o a c h e d Catholicos Baselios Marthoma Paulose II with a need had to return empty-handed. Even if he was unable to meet every one of them who came to Catholicate Aramana, the headquarters of the Malankara Orthodox Syrian Church at Devalokam in Kottayam, the prelate ensured that their needs were taken care of. A great shepherd who loved the Church and people, Baselios Marthoma Paulose II, Supreme Head of the Malankara Orthodox Syrian Church, passed away at St Gregorios Medical Mission Hospital, Parumala, at the age of 74 on Monday . A charismatic personality who steadfastly defended his faith and beliefs throughout his life, Catholica Bava — as he was popularly known — was an epitome of patience and fortitude. He led the Malankara Orthodox Church through one of its most difficult times, amid the conflicts with the Jacobite Church. The Orthodox Church had to face unprecedented protests and criticism after the Supreme Court ruled in its favour in the Church’s fight with the Jacobite faction for the control of churches and properties. inflation for the ‘fuel and light’ sub-group rose 12.7% in June compared to 11.6% in May Infla. tion in transport and communication rose 11.6% while health C atholicos B aselios M arthoma P aulose I I The Catholicos had the vision that money with him belonged to the Church, and was meant to be used for the betterment of the Church and to meet the people’s needs. He was enthroned as the eighth Catholicos of the East and the Malankara Church in November 2010, after the abdication of Baselios Marthoma Didymos I. Born on August 30, 1946, in Mangad village near Kunnamkulam in Thrissur district, he was named K I Paul by parents Kollannur Iype and Pulikkottil Kunjeetty . He was ordained a priest in 1973. At the age of 36, Malankara Syrian Christian Association elevated Fr Paul as Bishop. On May 15, 1985, he was consecrated as Episcopa (bishop) with the name Paulose Mar Milithios. Subsequently, he was appointed the first Metropolitan of the newly formed Kunnamkulam Diocese on August 1, 1985. In his short span as Catholicos, Baselios Mar Paulose II gave importance to bilateral relations with other Churches and his philanthropic interests gave new dimensions to the Church’s activities. According to Church authorities, the mortal remains of the Catholicos would be kept at Catholicate Aramana for paying homage at 8am on Tuesday The funeral rites will . be held by 5pm. A decision on the new supreme head will be taken only after the Synod meetings. According to Fr Johns Abraham Ko n at , s p o ke s p e r s o n o f Malankara Orthodox Syrian Church, the Catholicos had ensured all arrangements for the Church parliament scheduled on October 14. Earlier itself, it was decided that if he was unable to chair the meeting due to his ill health, senior Metropolitan Kuriakose Mar Clemis would look into the proceedings as per a July 3 order. P4 costs continued to grow, registering an 8% inflation. Meanwhile, factory output as measured by the Index of Industrial Production (IIP) witnessed a 29.3% growth in May, mainly on account of low base. IIP had contracted 33.4% in May 2020. Economists expect the IIP growth to be between 15% and 20% for the next month. Factory output is the closest approximation for measuring the economic activity of the country’s business landscape. Unlocking: Govt ignores expert panel, goes by officials’ wisdom Expert panel suggestions B S r ee j a n @T’Puram Doing away with the “unscientific practice” of restricting the functioning of banks and shops dealing with non-essential goods on Monday Wednesday and Fri, day alone and stopping the weekend lockdown were among the suggestions mooted by the state-level expert committee of Covid management at least three weeks ago. The state gover nment, however, decided to keep the suggestions by expert doctors led by former planning board member Dr B Ekbal on hold as a section of senior officials had warned that Covid situation remained too serious and time was not ripe for any experiment. The inordinate delay in lifting lockdown restrictions is testing the patience of traders and daily-wage labourers across the state and leading to street protests like Open Institutions on five or six days a week instead of 3 days No need for weekend lockdowns Can lift lockdown restrictions when daily case count falls below 15,000 Can lift lockdown restrictions when TPR falls below 15% the one that was witnessed in Kozhikode on Monday . As lockdown enters 76th day in the state on Tuesday, 175 local body areas are under triple lockdown and 362 local body areas under lockdown while partial lockdown is in force in the rest of the state. “It is sheer common sense that crowding increases if you restrict timing. The visuals of crowding on Fridays and Mondays carried by media attest that our suggestion NATIONWIDE july 11 july 12 stateWIDE july 11 july 12 Fresh cases Recoveries Deaths 41,506 41,526 895 37,154 39,649 724 Fresh cases Recoveries Deaths 12,220 12,502 97 7,798 11,447 100 State hopeful of SilverLine fillip as Pinarayi meets PM Modi today D h i ne s h K a l l u n g a l @ T’Puram With Chief Minister Pinarayi Vijayan scheduled to meet Prime Minister Narendra Modi on Tuesday, hopes have brightened for the realisation of some of the flagship projects in the state. Among the various subjects listed in the agenda, the proposed semi-high-speed rail project (SilverLine) will get special emphasis as the CM is planning to meet the Union railway minister too. “The flagship semi-highspeed project awaits a slew of approvals from the Centre which the CM would take up with the Prime minister and other ministers. The detailed project report for the rail project has to be ratified by the railway ministry The ap. proval of the department of economic affairs under the Union finance ministry is also necessary, which is one of the main criteria for en- suring foreign bank loans for the project,” said a source. The Union cabinet nod is also important for which the finance ministry has to approve the project. The state cabinet has given approval for land acquisition when the railway ministry accorded in-principal approval. But to move ahead, other approvals are necessary which is expected to take three to six months if the CM can convince the Centre. ● More on P4 was apt. There is no need of weekend lockdown as well,” said a member of the expert panel, on condition of anonymity . A senior officer who attends the lockdown review meetings said there was stiff resistance on part of the chief minister and top bureaucrats when the relaxations were discussed in the previous meetings. “The argument was that going ahead with restrictions like closing down of shops on alternate days is necessary to give a feeling that the situation is still serious. If all restrictions were lifted, people would misuse. The irony in review meetings is that the expert panel chairman, who is the real health expert in the room, would bat for the right of livelihood while layman officers would plan complex containment strategies,” ● More on P2 said the officer. Jab-o-meter Take July 09 37,23,367 doses your shot July 10 37,03,423 doses Total doses: 38,11,04,836 Cabinet clears LIC IPO, issue by March New Delhi: The Cabinet Committee on Economic Affairs (CCEA) has given its in-principle approval for the listing of the Life Insurance Corporation’s shares on the stock exchanges, an official in the Department of Financial Services, Ministry of Finance, told TNIE. The initial public offering (IPO) of the state-owned life insurer is part of the government’s efforts to raise H1.75 lakh crore through disinvestment in the current financial year. Sources said all efforts are being made to ensure the IPO is done within the current financial year, which ends in March 2022. investors cheer kerala exit Kitex CMD Sabu richer by `222 cr in 7 days E x p r e s s N e w s Se r v i c e @Kochi The stock market has cheered Kitex Garments’ announcement to move out its expansion plan from Kerala to investor friendly Telangana. As the stock price rose, Kitex chairman and managing (CMD) director Sabu Jacob became richer by `222 crore in the last seven days as he owns 55% in the BSE-listed company . The stock price of the Kochi-based kids’ garment maker shot up by 44.26% since Friday when Sabu announced the decision to invest `1,000 crore in Telangana, dumping its stock Price up 44.26% increase in stock price of Kitex Garments since last Friday The company’s stock price increased from I108.9 a piece to I168.65 on Monday earlier investment plan for Kerala following the rift with the Left government. After rising by nearly 20% on Friday, the stock price spiked another 20% on Monday when Sabu Jacob said his company would not make any more investments in Kerala, and that he was in discussions with Tamil Nadu, Andhra Pradesh and Karnataka for his future expansions. Since the controversy broke out between the Kerala government and Kitex Garments, the stock price of the company has increased from `108.9 a piece to `168.65 on Monday an , astounding rise of 55 per cent in a matter of just five trading sessions. The total value of Kitex touched `1,121.52 crore, an in- crease of `408.32 crore from last Tuesday . The spike in stock prices of Kitex Garments, which is the world’s third-largest infant garment maker, is surprising given that the company’s net profits have been coming down. For the quarter ended March 2021, the net profit of Kitex Garments plunged by 53.06% to `8.27 crore as against `17.62 crore during the same quarter the previous year. The total sales had also declined by 23.65% to `111.70 crore in the quarter ended March 2021.
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