Continued unlocking across the country has accelerated the improvement in various high frequency industrial and service sector indicators during July 2021, said ICRA.
According to Aditi Nayar, Chief Economist, ICRA: “With the further easing of the state-wise restrictions, especially across the southern states, the roots of the economic recovery deepened in July 2021. Despite a normalising base, eight of the 15 high frequency indicators recorded an encouraging improvement in their year-on-year (YoY) growth in July 2021.”
“Moreover, 10 of the 13 non-financial indicators recorded a month-on-month (MoM) uptick in July 2021, although the pace of the improvement expectedly eased from the levels seen in June 2021, when the state-wise unlocking had commenced.”
Besides, ICRA highlighted that the YoY performance of GST e-way bills, fuel consumption, electricity generation, output of Coal India Limited (CIL), vehicle registrations, domestic passenger traffic, amongst others improved in July 2021 compared to June 2021.
Furthermore, the worsening in the YoY performance of some of the remaining indicators such as the output of passenger vehicles (PVs), scooters and motorcycles, was primarily due to the unfavourable base effect.
However, the sequential momentum of growth eased in July 2021, after having recorded a sharp uptick in June 2021.
In contrast, ports cargo traffic, diesel consumption and rail freight displayed a decline in MoM terms in July 2021.
“To gauge the strength of the recovery across sectors, we have compared the performance of indicators in July 2021 with the pre-Covid level of July 2019, as well as the levels in April 2021. The volumes of seven of the 13 non-financial indicators rose above both their pre-Covid as well as April 2021 levels in July 2021,” she said.
“While three indicators, namely, the output of scooters and motorcycles, and vehicle registrations surpassed their April 2021 levels, they trailed the level of July 2019. In contrast, domestic passenger traffic, ports cargo traffic and diesel consumption reported lower volumes in July 2021, relative to both July 2019 and April 2021.”
In addition, the ratings agency cited that early data for August 2021 indicates a mixed trend across the available indicators.
UP Shocker: Cop Tied To Pole Naked, Thrashed After Being Caught Molesting Girl In Agra; Suspended After Video Goes Viral
Agra: In a shocking incident, a police sub-inspector was tied to pole and beaten in Uttar Pradesh’s Agra. The video of the incident is doing rounds on social media. It can be seen in the video that a Uttar Pradesh Police officer is being beaten after being tied naked to a pole in the village. The police sub-inspector was allegedly beaten by the villagers after he was caught in a compromising position with a woman. The family of the woman alleged that the police officer was molesting the woman.
He jumped through the roof and sneaked into the house in an inebriated condition
As per reports, the UP Police sub-inspector who was beaten by the villagers has been identified as Sandeep Kumar. Sandeep Kumar allegedly jumped through the roof and sneaked into the house in an inebriated condition and started to molest the girl present in the house.
The girl raised an alarm after which the family of the girl came
The girl raised an alarm after which the family of the girl came and caught the police officer red-handed in an objectionable position inside their house in Tihaiya village in Barhan Police Station limits. They then called the villagers and the angry villagers then stripped Sandeep Kumar naked and tied him to a pole. The villagers also thrashed the police officer for his act. The accused was rescued by the police that reached the spot and took the culprit with them.
Sandeep Kumar has been suspended
Uttar Pradesh Police Sub-Inspector Sandeep Kumar has been suspended and a departmental inquiry has been initiated against him after the video of the locals beating the police officer after tying him naked to the pole has gone viral on social media. A case of rape has been registered against the police officer. The incident occurred late night on Sunday (September 17) when the police officer sneaked into the house of the woman and was caught by her family in a compromising position with the woman.
The police have initiated an inquiry in connection with the matter
The police have initiated an inquiry in connection with the matter. They are also scanning the video that is going viral on social media. Etmadpur ACP said, “In the case of a sub-inspector being caught with a girl under police station Barhan area, the sub-inspector is being suspended with immediate effect, strictest departmental action is being taken and after receiving the complaint, legal action will be taken against the SI.”
Karnataka: Woman Dies By Suicide Alleging Harassment By Police In Ramanagara, Says ‘After Death She Will Get Justice’
Bengaluru, September 4: An incident of a homemaker ending her life allegedly due to harassment by police has come to light in the limits of Channapatna town police station in Ramanagara district on Monday. The deceased woman is identified as 31-year-old Madhuri, a resident of Kote Layout in Channapatna city. Madhuri consumed sleeping pills on Saturday and succumbed at the hospital on Sunday. She had stated in the video that she is not able to take torture and harassment by the police she is ending her life.
The cops had not lodged her complaint
It is alleged that when Madhuri went to file a complaint to the Channapatna Rural police station regarding a financial dispute, the cops had not lodged her complaint. The victim had alleged that the cops insulted her at the police station.
Victim has many cheating cases against her
She was allegedly sent back by the police and cops told her that the victim has many cheating cases against her. The woman had stated in her video before committing suicide that at least after her death she will get justice. The relatives and family members have met Ramanagara SP in this regard.
The family have made allegations against Channapatna Town Inspector
The family have made allegations against Channapatna Town Inspector Shobha and other staff. The police department is yet to make an official statement regarding the case.
Petrol, Diesel Prices Remain Unchanged On August 31: Check Rates In Mumbai, Delhi, Chennai And Other Cities
According to the most recent price notification by fuel retailers, petrol and diesel prices have been unchanged on August 31 in major cities, and costs have been steady for a year now.
However, the prices of petrol and diesel change state by state, depending upon various criteria such as Value Added Tax (VAT), freight charges, the local taxes, etc.
Public sector OMCs including Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd. (IOCL) and Hindustan Petroleum Corporation Ltd. (HPCL) revise their prices daily in line with international benchmark prices and forex rates.
In Delhi, petrol and diesel cost Rs 96.72/litre and Rs 89.62/litre, respectively.
In Mumbai, petrol is being sold for Rs 106.31/litre and diesel for Rs 94.27/litre.
Petrol and diesel are priced at Rs 102.86/litre and Rs 94.46/litre in Chennai and at Rs 106.03/litre and Rs 92.76/litre in Kolkata, respectively.
The last country-wide change in fuel rates was on 21 May last year, when Finance Minister Nirmala Sitharaman slashed excise duty on petrol by Rs 8 per litre and Rs 6 per litre on diesel.
You can check petrol and diesel prices from the comfort of your own home. All you need to do is send a message from your phone to 9224992249 with your city code. City codes are available on Indian Oil’s website.
Oil prices were trading higher on Thursday morning amid tightening US supply with investors waiting on China factory activity data to be released later today. Brent crude futures for October that expires on Thursday gained 14 cents at $86 per barrel and US West Texas Intermediate crude fell to $81.74 per barrel with a gain of 10 cents.
Massive Storm Of Dust As Two Multi-Storied Buildings Come Crashing Down In Controlled Demolition At Hyderabad IT Park
Birthday Boy Rahul Vaidya, Disha Parmar Make FIRST Public Appearance With Newborn Daughter In Mumbai
Thane: At Least 2 Killed, Six Injured After Massive Blast At Factory In Shahad
PM Narendra Modi Lays Foundation Stone For Rs.451 Crore International Cricket Stadium In Varanasi
Rajasthan Horror: Mother & Uncle Kill 8-Year-Old After Being Caught While Making Out In Bharatpur; Arrested
BREAKING: Mumbai Air Hostess Murder Accused Vikram Atval Hangs Himself At Andheri Police Station’s Lockup
G20 Summit In Delhi: PM Modi To Hold Over 15 Bilateral Meetings With World Leaders, Check Names Of Leaders & Countries
Jawan Leaked Online! Shah Rukh Khan’s Film Falls Prey To Piracy Within Hours Of Release
G20 Summit 2023: US President Joe Biden To Arrive In Delhi On September 8, To Hold Bilateral Meet With PM Modi
Sunny Deol’s Gadar 2 Zooms Past ₹500 Crore Mark After 3 Weeks
Entertainment2 years ago
Targeted in Sandalwood drugs case for being a woman: Actress Ragini Dwivedi
Crime1 year ago
Class 10 student jumps to death in Jaipur
Crime1 year ago
‘You must stop this’, SC expresses concern on hate speeches made at Dharam Sansads
Entertainment8 months ago
Rakhi Sawant changes name to Fatima after her wedding with Adil Khan Durrani – Check viral Nikah pics
Bollywood1 year ago
Anushka Sharma starts shooting for her ‘Chakda Xpress’
Maharashtra2 years ago
Corona third wave knocked in Maharashtra!
Maharashtra5 months ago
Maharashtra: Political heavyweight Sharad Pawar steps down as NCP chief
Uncategorized1 year ago
Sufi conference in J&K’s Bandipora hosts a sizeable gathering