chennai l wednesday l november 13, 2024 l `9.00 l PAGES 20 l late city EDITION 35 killed, 43 injured after man rams his car into crowd in China Police said the 62-year-old driver, surnamed Fan, had been “triggered by (his) dissatisfaction with the division of property following his divorce” People at Zhuhai sports centre targeted Attacker seriously injured, hospitalised According to police, the disgruntled man drove his small SUV into a crowd of people exercising at a sports centre in the Chinese city of Zhuhai, which is hosting a major international military airshow this week. Terming it a “major vicious incident”, local police said the horrific incident occurred at 7:48 pm on Monday. The attacker tried to flee but the police nabbed him ■ ■ Responding officers found Fan in his vehicle attempting to self-harm with a knife. They swiftly intervened and sent him to hospital Fan is still receiving medical treatment as he was unconscious due to severe injuries to his neck and other areas and is not yet fit to be questioned by the police, state-run Xinhua news agency said | P11 Zhuhai 15th China Int’l Aviation & Aerospace Exhibition kicked off on Tuesday S V Krishna Chaitanya P r a s a n ta M a z u m d a r @ Guwahati EXPRESS IN BAKU T he United National Climate Conference (COP29) presidency has claimed early success with the adoption of standards for carbon credits, referred to as Article 6.4 of the Paris Agreement, a long-debated framework designed to help nations collaborate on reducing carbon emissions. But, critics say it was pushed without adequate scrutiny and would lead to greenwashing as there are not enough safeguards. Yalchin Rafiyev, COP29 lead negotiator, told the media, “This will be a game-changing tool to direct resources to the developing world and help us save up to $250 billion a year when implementing our climate plans.” Harjeet Singh, Global Engagement Director for the Fossil Fuel Non-Proliferation Treaty Initiative, said, “Fast-tracking carbon market rules at the start of COP29 sets a troubling precedent.”  Continued on: P11 Given the kinds of weapons recovered and the clothes they wore, we can say that they were either armed militants or armed miscreants I K Muivah, IGP Kuki fiat No CRPF personnel shall be allowed to leave their camp premises till they apologise, a Kuki student outfit said Three Meitei women and as many children from the same community have been missing from restive Manipur’s Jiribam since Monday’s gunfight in which 10 Kuki ‘militants’ were gunned down by the Central Reserve Police Force (CRPF) and the police. In Imphal, 13 organisations jointly announced a 24-hour total shutdown in the Imphal valley from 6 pm of Tuesday seeking government intervention to secure the release of the six individuals. Talking about the Jiribam gunfight, Inspector General of Police I K Muivah said armed miscreants had attacked the Borobekra police station and also at a nearby CRPF camp at Jakuradhor on Monday afternoon. “The militants were using RPGs and other sophisticated weapons such as AK, INSAS, SLRs. A CRPF jawan was injured in the attack and evacuated to Assam for treatment,” Muivah said. The CRPF retaliated and the firing stopped after about 45 minutes. “About 10 militants were found dead. Two elderly persons were found burned to death while three women and three minor children were found missing,” the IGP said, adding the police are trying to trace the six missing persons. The two elderly persons were from the Meitei community . Protesting the “inhumane actions” of CRPF in Jiribam, the Kuki Students’ Organisation issued a “notice” stating that “no CRPF personnel shall be allowed to leave their camp premises.” It demanded a thorough and courtmonitored probe into the “fake encounter”. 7.43 6.94 4.87 3.65 Meat and fish Snacks, sweets Cereals and products Pulses and products Fruits 42.18 10.99 9.69 9.51 8.43 express read Egg What’s driving the price rise Oils and fats Two Meiteis charred to death, 6 missing Food and beverages Day after Personal care Carbon market deal done? Experts wary Vegetables CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOgGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI 3.17 Figures are inflation rates (%) of the items for October 2024 Inflation heat breaches RBI’s top tolerance level Retail inflation shoots up to 6.21% in October, dashes rate cut hopes MONIKA YADAV @ New Delhi THE spectre of inflation has come back to haunt the economy as retail inflation shot up to 6.21% in October, marking the highest level in 14 months, driven by a sharp spike in food prices. This surge was noted in the prices of fruits, vegetables, meat, fish, and cooking oils. Food inflation rose considerably to 10.87% in October, the highest in 15 months, up from 9.24% in September and 6.61% in the same month last year. In October, the rate of price increases exceeded the Reserve Bank of India’s upper limit for acceptable inflation (6%). Rural areas experienced a significant rise in inflation at 6.7%, while urban consumers faced a lower rate of 5.6%. The latest inflation numbers dash any IIP TURNS POSITIVE India’s industrial production grew 3.1% with all three key sectors— mining, manufacturing, and power generation—demonstrating positive trends in September. This is a notable improvement as factory output had dipped to (-) 0.1% in August hope of an interest rate cut by the RBI during its monetary policy review in December. In October, food prices in rural areas increased 10.7%, while urban food inflation was even steeper at 11.1%. Meanwhile, inflation for vegetables surged from 36% in September to a five-year high of 42.2% in October. Additionally edible oil , prices rose 9.5%, the biggest jump in two years. Fruit prices rose 8.4%, while inflation for pulses decreased to 7.4%, ending a 17-month streak of double-digit price increases. On the other hand, spice prices fell 7%. Additionally in October, households , experienced an 11% increase in the costs of personal care products and services, up from 9% in September. For experts, core inflation remaining below 4% for 11th consecutive month is a big positive. “The surge in vegetable prices was due to uneven rains. Data for November suggests some moderation in vegetable prices. This, in addition to a favourable base, can lend some downside to vegetable inflation,” said Dharmakirti Joshi, chief economist, CRISIL. Amid protest, SL navy arrests 12 more fishers Nagapattinam: Even as hundreds are holding a protest in Rameswaram against the recent arrest of 23 fishers, the Sri Lankan Navy on Tuesday arrested 12 more fishermen from Mayiladuthurai and Nagapattinam for crossing the IMBL. CM again wrote to MEA S Jaishankar to take steps to secure the fishers’ release | P4 Heavy rain likely in TN for next 4 days: RMC Chennai: The Regional Meteorological Centre on Tuesday said the low-pressure area over the Southwest Bay of Bengal is weak and unlikely to develop into a depression. However, heavy rain is likely in northern coastal districts, southern districts, and western ghats districts over the next four days, it said | P5 Sterlite shutdown: SC rejects Vedanta’s plea New Delhi: In a major setback to Vedanta Group, the SC has rejected the company’s review petition challenging the order passed by the court in February upholding the Madras HC’s decision to close the plant in Thoothukudi. Now, the only legal recourse left for the firm is to file a curative petition before the SC | P7 READY FOR IT. Avail exclusive November benefits on the new GLC. Call or visit Sundaram Motors for a personal consultation today. EMI starting from ₹ 70 000 Complimentary offers on Star Insurance 1 Corporate Benefits 2 Benefits applicable till 30th November 2024 and subject to availability Sundaram Motors : 80 / 81, Ambattur South Avenue Road, Mogappair, Ambattur Industrial Estate, Chennai, Tamil Nadu - 600058 | Tel: +91 73388 11111 | bilalahamed.k@sundarammotors.com | www.sundarammotors.mercedes-benz.co.in (CIN - U35923TN2017PTC119549). Scan the QR code to connect with us on Whatsapp. Mercedes-Benz India Pvt. Ltd. (CIN: U34102PN1994PTC083160) Toll Free no.: 0008000501888. Email: cs.ind@cac.mercedes-benz.com, website: mercedes-benz.co.in Accessories, colors and fitments shown may not be a part of standard specifications. 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