Retail inflation in Delhi, J&K more than double national average: ASSOCHAM

Representative image.Representative image.
MANGALURU: The retail inflation may have been hovering at quite a reasonable level of 3.17% for January, 2017 on an all-India basis, but there is no respite for people right in Delhi along with a couple of other states, suffering the price rise at double the national average, with demonetization leaving its possible impact, an ASSOCHAM analysis has noted.

“Against the national average of 3.17%, Delhi had to bear the inflation rate, measured by the Consumer Price Index (CPI) at 6.32%, while it was 7.01% for Jammu and Kashmir (J&K) and 5.92% for Himachal Pradesh,” said the ASSOCHAM analysis of the inflation data.

It also noted that in the rural belt of the national capital, the CPI inflation was close to seven per cent at 6.85%. Similarly the rural areas of Jammu and Kashmir and HP which were quite high on the retail inflation chart, witnessed quite a high rate of price rise in January, 2017 year on year.

In J&K rural and far flung, the CPI inflation was 9.08% and for the similar areas of HP it was 6.17%, adds the ASSOCHAM.

“The CPI inflation for January, 2017 on an all India level is much lower at 3.17% than the one measured on the Wholesale Price Index, at 5.25%. One of the plausible reasons could be the impact of demonetization on the supply chain, “said ASSOCHAM President Sandeep Jajodia.

But, what is more surprising is the huge gap between retail inflation in Delhi and the national average. ” This was not expected at least in Delhi, especially when the phenomenon was not seen even in the neighbouring states of Haryana, UP and Punjab, thought it was slightly over four per cent in these states”, the chamber said, adding the demonetization would have led to supply chain disruption more in the national capital than other states.


Microsoft Lumia 550 getting new update; ‘Double Tap to Wake’ not included

Microsoft has started pushing out a new update to its Lumia 550 Windows 10 Mobile smartphone. Carrying a firmware version of 01078.00042.16352.50012, the update is hitting unlocked Lumia 550 units, but – sadly – doesn’t include an official change-log.

However, according to reports, it brings along some camera-related improvements as well as improvements related to WiFi, Cellular, Bluetooth, and GPS. Some stability-related improvements are also there, as are some general bug fixes.

Those waiting for the ‘Double Tap to Wake’ feature will be disappointed as the update doesn’t include the functionality. In case you missed, other Win10-powered phones including the Lumia 650, 950, and 950 XL have already got the feature.


IIT Madras double suicide cases: Professor’s wife and female scholar found hanging

In quite a shocking incident, two women including a professor’s wife and a research scholar at the Indian Institute of Technology (IIT) Madras had committed suicide.

The former Vijayalakshmi was a 47-year-old woman and wife of physics assistant professor Ganeshan. She was found hanging inside her quarters around 3 pm. On the other hand, just after an hour or so, the 34-year-old post-doctoral research scholar in chemistry P Maheshwari was found hanging in her hostel room. IIT-M announced full cooperation to officials in this case, condoling the scholar’s death.

In a statement issued, it said, “IIT-Madras, reports with deep sadness the death of a post-doctoral research scholar in the campus. The scholar’s family has been informed. The institute is taking necessary action and extending full cooperation to civil authorities.The institute extends its deep felt condolences to the family and the near and dear ones of the scholar for the unfortunate, untimely and devastating loss.”

(Read:Janitor’s eight-year-old daughter to get admitted in best English medium school)

Reason behind the suicides:

Police officials said that investigation is still on and they are trying to dig out the reason behind Maheshwari’s decision to take such an extreme step. Married for 12 years, she was a resident of Puducherry and was staying at the Sabarmati hostel on the campus. According to some sources in the police, she was reported to be depressed and had attempted suicide earlier also.

Although the investigation is still on, a senior police official said that the reason behind them taking their own lives could be “family issues.” IIT Madras had witnessed similar suicide cases of two students last year in the month of October, as well.

About IIT Madras

The Indian Institute of Technology (IIT) Madras is one among the foremost institutes of national importance in higher technological education, basic and applied research. It has established itself as a premier centre for teaching, research and industrial consultancy in the country.

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