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January 13, 2024
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Retail inflation rose
to 5.7% in December
Vikas Dhoot
DISAPPEARED IN 2016
Debris of IAF’s An­32
found in Bay of Bengal
NEW DELHI
India’s retail inflation ac­
celerated to a four­month
NEWS » PAGE 18 high of 5.7% in December
1833558
2023, from 5.55% a month
earlier, led by an uptick in
IN MUMBAI food prices that rose 9.5%
India’s nationally and breached
the 10% mark for urban
longest consumers, hitting 10.42%.
Although rural India’s
sea bridge
unveiled
consumers faced a slightly
lower rise in food prices at
just under 9%, they faced
higher overall inflation at
nearly 6%, compared to
NEWS » PAGE 17 5.5% faced by their urban
peers in December.
While price rise har­
dened in December, the av­
erage consumer price infla­
tion for the
October­to­December
quarter has been 5.4%,
moderately lower than the
Reserve Bank of India (RBI)
RED SEA ATTACKS RETALIATION projection of 5.6%.
Yet, hopes of an interest
U.S., U.K. militaries launch cut on the horizon remain
attack against Houthis bleak, as the RBI expects
an average price rise of
WORLD » PAGE 20
5.2% for the first half of
CM
YK
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» Thiruvananthapuram » Kochi
2024 before easing to its
4% target between July and
September.
Within the food basket,
inflation picked up in puls­
es (20.73%), vegetables
(27.6%), fruits (11.14%), and
sugar (7.14%) in December.
CONTINUED ON
» PAGE 16
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Vol. 147 앫 No. 12
» Vijayawada » Mangaluru » Tiruchirapalli » Kolkata » Hubballi » Mohali » Malappuram » Mumbai » Tirupati » Lucknow » Cuttack » Patna
SC exempts
SC refuses to stay law Ponmudy,
on CEC, EC selection; wife from
surrender
issues notice to govt. Krishnadas Rajagopal
NEW DELHI
Petitioner said the Act diluted earlier judgment of top court in the matter The Supreme Court on Fri­
1833558
day granted exemption to
by replacing CJI with a Union Cabinet Minister in selection committee former Tamil Nadu Minis­
ter K. Ponmudy and his
Krishnadas Rajagopal
NEW DELHI
wife P. Visalakshi from sur­
render in a disproportion­
he Supreme Court
ate assets case. Justice Sat­
ish Chandra Sharma, in a
T on Friday declined
to stay a new law
which brushed aside a top
chamber sitting, granted
the interim relief to the
couple, whose special
court judgment to include leave petition against their
the Chief Justice of India as conviction and three­year
a member of the high­po­ sentence in the case by the
wered selection committee Madras High Court in De­
to appoint the Chief Elec­ cember is pending admis­
tion Commissioner (CEC) sion in the Supreme Court.
and Election Commission­ The couple were repre­
ers (ECs). sented by senior advocates
“How can we stay a sta­ Mukul Rohatgi and Sidd­
tute?” Justice Sanjiv Khan­ harth Luthra.
na, leading a Bench com­
prising Justice Dipankar “The CEC and Other Chief Justice of India with a CONTINUED ON
Datta, asked petitioner Jaya Election Commissioners Union Cabinet Minister,” » PAGE 12
Thakur’s lawyers. (Appointment, Conditions Ms. Thakur, a Congress
The Bench, however, is­ of Service and Term of Of­ party leader, argued.
sued notice to the Union of fice) Act, 2023 has diluted PROPERTY PLUS 6 PAGES»
India and listed the case the Supreme Court judg­ CONTINUED ON METRO PLUS
for hearing in April. ment by replacing the » PAGE 16 »
WEEKEND 10 PAGES
M CH-CHE