71 DEAD AS LIGHTNING STRIKES MANY STATES Heavy rains triggered flash floods in parts of Himachal Pradesh and the Jammu region, disrupting normal life on Monday even as the deaths due to lightning strikes in several states climbed to 71, including 42 in Uttar Pradesh. The India Meteorological Department has issued an orange alert for Rajasthan and Jammu and Kashmir, and yellow alert for Himachal Pradesh, Uttarakhand and Uttar Pradesh for Tuesday with a warning of heavy rains | P9 MANGALURU TUESDAY JULY 13, 2021 `7.00 PAGES 14 CITY EDITION 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% in June Stays past RBI’s tolerance level for 2nd straight month, driven by food, fuel prices EXPRESS NEWS SERVICE @ 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 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 inflation for the ‘fuel and light’ sub-group rose 12.7% in June compared to 11.6% in May Inflation in trans. port and communication rose 11.6% while health 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. 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 HAVE 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. 53 ITALY HAVE WON EURO TITLE AFTER A GAP OF 53 YEARS. 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. IT IS NOT COMING HOME, YET England are yet to win a major tournament since lifting the World Cup in 1966. 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. CCEA clears LIC divestment E N S @ New Delhi The Union Cabinet approved an IPO of India’s largest insurer LIC, the modalities of which such as issue size, pricing and timing would be decided by a panel headed by Finance Minister Nirmala Sitharaman. The DIPAM had in January appointed actuarial firm Milliman Advisors India to assess the embedded value of LIC ahead of the IPO, which is touted to be the biggest public issue in Indian corporate history. FULL STORY: P12 FIVE Gianluigi Donnarumma has won each of the 5 games in which his team has faced penalty shootouts RACIST ABUSE ON PLAYERS Marcus Rashford, Jadon Sancho and Bukayo Saka, who missed their penalties in the shootout, were racialy abused online. HC green signal for State to hold SSLC exams E X P R E S S N E W S S E R V I C E @ Bengaluru THE State Government can go ahead with the SSLC exam as scheduled on July 19 and 22 for the academic year 2020-21 as the Karnataka High Court on Monday declined to entertain a PIL questioning the decision to conduct the exams. A division bench of Justices BV Nagarathna and Hanchate Sanjeev Kumar dismissed the PIL by SV Singregowda, Managing Trustee of Gnana Mandira Education Trust in Bengaluru, observing that the petition lacks merit and the government’s decision is not arbitrary Rec. ollecting that the court did not interfere with the government’s decision to hold the SSLC exam in June 2020, the court said the government has taken care to conduct the exam by issuing an SOP that has to be complied with by all students, P5 teachers and other stakeholders. NEET-undergrad exam put off to September 12 E X P R E S S N E W S S E 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 Dharmendra 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 P9 each centre. JAB-O-METER TAKE YOUR SHOT July 09 37,23,367 doses July 10 37,03,423 doses TOTAL DOSES 38,11,04,836 NATIONWIDE JULY 11 JULY 12 Fresh cases 41,506 37,154 Recoveries 41,526 39,649 Deaths 895 724 KARNATAKA JULY 11 JULY 12 Fresh cases Recoveries Deaths 1,978 1,386 2,326 3,204 56 61 EXPRESS READ Appoint Deuba as PM, Nepal SC tells President Kathmandu: Nepal’s Supreme Court on Monday directed President Bidya Devi Bhandari to appoint Nepali Congress chief Sher Bahadur Deuba as Prime Minister by Tuesday and dismissed her move to dissolve the House of Representatives for a second time in five months that plunged the country into a political crisis. P11 Tharoor, Tewari in race to replace Adhir in LS New Delhi: With the monsoon session of Parliament beginning next week, the Congress is looking at a leadership change in the Lok Sabha. Adhir Ranjan Chowdhury is expected to be replaced as the leader of the Congress party in the Lower House, as part of the party’s organisational reshuffle. According to sources, Shashi Tharoor and Manish Tewari are leading the race to replace him. P10
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