kochi l tuesday l October 19, 2021 l `7.00 l PAGES 16 l late city EDITION China powers down as gdp growth weakens in 3rd qtr Gloom spreads to World markets The dismal growth number is a reflection of China’s massive energy crunch, shipping disruptions and a deepening property crisis. Reacting to the news, major bourses opened on a tepid note on Monday. Dow Jones slipped 150 points in early trades. Germany’s DAX declined 0.5% and the CAC 40 in Paris gave up 0.8%. US markets recovered as trade progressed China’s GDP growth slipped to 4.9% in third quarter from 7.9% in Q2, confirming slowdown of the world’s second-largest economy Indian bourses keep off bearish path ■ ■ Britain’s FTSE 100 lost 0.2% to 7,216.79. Stock exchanges in Europe were trading in the red in mid-session deals. Elsewhere in Asia, bourses in Shanghai, Seoul and Tokyo ended with losses India markets, however, shrugged off the bearish trend abroad with the Sensex rising 0.75% and Nifty surging 0.76% on Monday 18.3% The blistering growth China had showcased in the first quarter 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 Rain abates but more likely; all eyes on dams and rivers Water to be released from Idukki, Idamalayar dams; flooding in downstream Pampa P r i c e f l u c t uat i o n City Lucknow Mumbai Jaipur Kolkata Bhopal Guwahati Potato Fortnight Today ago C28-30 C30 C30 C30 C20 C20 C15 C25 C14-15 C20 C20 C25 Tomato Onion Fortnight Today Fortnight Today ago ago C60 C70-75 C34-35 C50-55 C40 C80 C40 C50 C60 C80 C50 C60 C50 C93 C40 C60 C20-30 C60-80 C30 C50 C60 C80 C40 C60 High fuel rates, rain make vegetable prices go north E x p r e s s Ne w s Se r v i ce 37 Amid fears of an increase in water level in Upper Kuttanad following the opening of the Kakki dam shutters, Poovam resident Satheesh shifts utensils from his house to a safer place | Arun Angela E x p r e s s Ne w s Se r v i ce @ T’Puram RAIN abated on Monday but the state , remained on edge. With dams receiving steady inflow and the Met Department forecasting more heavy rain from Wednesday the focus has shift, ed to dam management, particularly in view of the 2018 deluge. A high alert has been issued in the coastal districts as water will be released from Idukki and Idamalayar reservoirs on Tuesday. The downstream areas of Chalakudy and Pampa rivers are already witnessing flood situation following release of water from Sholayar and Kakki dams. Chief Minister Pinarayi Vijayan, meanwhile, directed an expert committee to monitor the water level and make necessary preparations. With water level in Idukki reservoir reaching 2,397.52 feet at 6pm (93.60% of its capacity) on Monday, the government issued an order to release water from 11am on Tuesday . Two spillway gates of Idamalayar dam too will be opened to a height of 80cm at 6am on Tuesday . Adding to the people’s concern, No Sabarimala visit for poojas deaths so far heavy rain has been forecast from Wednesday to Friday across the state. The Kerala State Electricity Board does not want to repeat the situation in 2018 when shutters of all major dams were opened together, though it has not admitted to that mistake yet. Yellow alert has been sounded in all districts except Alappuzha, Kannur and Kasaragod for Wednesday. While all districts except Kannur and Kasaragod have been put on yellow alert on Thursday all dis, tricts except Kasaragod will be on yellow aler t on Friday . Two shutters of Kakki dam in Pathananmthitta were raised on Tuesday. By evening, the water level in Pampa river rose and a red alert was issued for people living on its banks. Owing to the precarious situation in low-lying areas of Kuttanad following the raising of Kakki dam shutters, a high-level meeting was held in A l ap p u z h a d i s t r i c t t o a s s e s s preparedness. A National Disaster Response Force team has already been sent to ● More on P4 Alappuzha. If we receive heavy rain similar to what we got over the last few days, we will have a relook at the full reservoir level B Ashok, KSEB Chairman Sabarimala pilgrimage for Thulam month poojas has been called off owing to the rain fury. The Pathanamthitta district administration has been directed to ensure the safe return of pilgrims who have already reached Nilakkal base camp. College reopening, exams postponed Reopening of colleges for classes other than for final-year students postponed till October 25. PSC postpones exams scheduled for October 21 and 23. P4 Heavy rain forecast from oct 20 to 22 Yellow alert OCT 20 OCT 21 OCT 22 Except Alappuzha, Kannur & Kasaragod Except Kannur & Kasaragod Except Kasaragod # Fishermen asked not to venture into sea on these days Two rivers in spate leave Kottayam in tears A b h i l a s h C h a n d r a n @ Kottayam TWO days after a series of landslides hit the high-range areas of Kottayam, the district administration started assessing the severity of the damage on Monday Apart from claiming the . lives of 13 persons, flood and landslides have caused widespread destruction in the district. As per the preliminary assessment, 62 houses were fully destroyed and 161 partially damaged in landslides and due to flooding of Manimala and Meenachil rivers. Kanjirappally bore the brunt as all 62 houses that were destroyed completely belonged to the taluk. As many as 143 houses in the taluk were partially damaged. While 16 houses suffered partial damage in Meenachil taluk, two houses in Changanassery taluk were destroyed partially . Most of the fully destroyed houses were on the banks of Pullakayar and Meenachil river. As both rivers breached their banks and water rose to unexpected levels, houses in Koottikkal, Mundakkayam and Manimala panchayats either collapsed or suffered partial damage. Fortunately, no human casualty was reported as flood occurred during daytime. “The impact could have been huge had it happened at night. Though we couldn’t take anything from our houses, we could save our lives as the water level started rising by noon,” said Anto, a native of Mundakkayam. According to Principal Agriculture Officer Beena George, the district suffered a cumulative loss of `18.02 crore in the past three days ● More on P4 alone. high remuneration on offer Despite Covid, IT firms on a hiring spree K r i s h n ac h a n d K @T’Puram TECHIES WELCOME Ernst and Young alone has 1,000 openings in various job positions TCS is recruiting in both Thiruvananthapuram and Kochi while IBM is hiring people for its centre in Kochi While the coronavirus pandemic has hit the employment sector hard, IT companies in the state are on a hiring spree. Many large and medium companies are in the process of recruiting personnel offering high remuneration as investment in IT firms have increased over the past year. Leading companies in the state like Infosys, TCS, Nissan, Tech Mahindra, Way . com, Ernst and Young, UST global and Quest — all based in Thiruvananthapuram — have already started recruitment, as the market swings in favour of job seekers. Some mid-sized companies have joined the hiring spree as part of their expansion plans. TCS is recruiting in both Thiruvananthapuram and Kochi while IBM is hiring people for its development centre in Kochi. Last month, Tech Mahindra appointed a resource management group — Single Point of Contact — which is a dedicated hiring team. Ernst and Young alone has 1,000 openings in various job positions, with the recruitment process progressing virtually Technopark-based Carestack is hir. ing 400 engineering graduates, including 200 freshers, while JIFFY.ai is looking for around 100 professionals in product engineering and implementation, Artificial Intelligence, and automation. ● More on P5 As if the sky-rocketing fuel prices were not enough to break the back of the common man, the food platter is also getting costlier, with vegetables, including staples like potato and onion, burning a hole in people’s pockets. The soaring prices of petrol and diesel and damage to summer crops due to unseasonal and erratic rains in several states are driving up the prices, according to traders. While the prices of onion, tomato and green vegetables have seen a massive increase in most states over the past two weeks, potato has largely been stable except in a few states. In Uttar Pradesh, the kitchen staple has not seen any rise in prices as the state saw a bumper crop this year. But tomato, which was selling at `60 per kg a fort- night ago, has registered an increase of `10-15 per kg while another kitchen essential, onion, is now costlier by about `20. The prices of other vegetables such as lady finger (okra), brinjal, cauliflower and bottle gourd have been stable. Vegetable traders expected the prices to escalate further. “Since the festive season is on and the fuel prices are touching record highs every day the cost of trans, portation of vegetables has gone up. There is no hope of relief in the next few days. Demand is high and supply is less as onions and tomato are coming from outside the state,” said Shahnwaz Huassain, president, fruit and vegetable sellers union in Lucknow. In Jaipur, too, consumers are feeling the pinch as most vegetables in the retail markets have beP8 come costlier by 15-25%. If BJP doesn’t listen to kisan, it won’t return to power: Guv Malik E x p r e ss Ne ws Se r v i ce @ Jaipur Meghalaya Governor Satya Pal Malik has warned the BJP that it will not return to power unless the Centre listens to farmers protesting the new agricultural laws. “There is only one thing which will solve the entire issue. If the government agrees to give legal guarantee to the minimum support price mechanism, I will mediate and convince the farmers,” he told the media in Rajasthan’s Jhunjhunu on Sunday . “I am with the f a r m e r s. I h ave fought with PM and home minister for them. I have told everyone that what they are doing is wrong and they should not do it,” Malik said. He also spoke on the Lakhimpur Kheri violence on Oct 3, when eight people were killed after being knocked down by a vehicle carrying BJP workers. Farmers alleged that Union minister Ajay Mishra’s son Ashish was in one of the vehicles. Responding to a question, he said Ajay Mishra should have been asked to resign. 16 pages, including 4 pages of KOCHI Express
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