Mangaluru: Young medical store owner killed as lorry hits his motorbike

News Network
January 7, 2025

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Mangaluru: A tragic road accident claimed the life of a young medical store owner on Monday, January 6, near Tiblapadavu, Natekallu, located on the outskirts of the city.

The victim, identified as 25-year-old Ausaf, was the proprietor of Hajira Medicals and the son of Jaleel, a resident of Derlakatte. 

The unfortunate incident unfolded as Ausaf was riding his bike from Derlakatte toward Tiblapadavu. Upon approaching a divider near Tiblapadavu, a lorry made a sudden turn, resulting in a collision between the motorbike and the rear of the lorry. Ausaf succumbed to his injuries on the spot.

Having completed his education a few years ago, Ausaf had taken up the responsibility of managing Hajira Medicals at Derlakatte Junction. He was well-known in his community for his dedication and service.

Authorities at the Mangaluru South Traffic Police Station have registered a case, and CCTV footage capturing the incident is under review. The tragic loss has left the local community in shock, mourning the untimely demise of a promising young entrepreneur. 

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Agencies
February 3,2025

The Indian rupee plummeted to a historic low of 87.29 per dollar on Monday. This decline is attributed to escalating trade tariffs imposed by US President Donald Trump amid global market uncertainties.

Having already depreciated over 1.5% this year, the rupee's latest tumble is regarded as a repercussion of tariff measures enforced by the US government. The currency opened with a substantial gap-down of 43 paise, hitting a low of 87.29 before rebounding to 87.13 following a Reserve Bank of India (RBI) intervention. 

Currency expert KN Dey explained to ANI that the tariff war, ignited by the US against Canada, Mexico, and China, is responsible for the rupee's decline. KN Dey noted, "Rupee opened with a gap of 43 paisa which was one of the highest gap openings, touched a new low of 87.29, but is now trading at 87.13 due to RBI intervention."

The situation remains fluid as President Trump has also hinted at possible tariffs on BRICS nations, including India. KN Dey cautioned, "Though Trump has been threatening BRICS countries also, it remains as to when he would press the button. This could be a knee-jerk reaction on the Rupee, but it's better to wait and watch for a couple of days." 

On a broader scale, this pressure on the rupee is mirrored by a strengthening US dollar against global currencies. Monday saw the Canadian dollar and Mexican peso dip to multi-year lows and the Chinese yuan weaken to a historic low. The US government announced an imminent 25% tariff on imports from Canada and Mexico and a 10% tariff on Chinese goods.

Market analysts suggest this may be a short-term reaction, with investors advised to observe how circumstances develop. The unfolding situation is anticipated to shape market movements significantly.

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coastaldigest.com news network
February 14,2025

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In a tragic turn of events, a non-resident Indian from Beltangady taluk in Dakshina Kannada, who was eagerly anticipating his return home, passed away in Saudi Arabia just hours before his scheduled journey back. The news has left his family, friends, and the entire community in deep mourning.

A Final Call Filled with Joy and Excitement

On Thursday, February 13, brimming with excitement and joy, Hidayath called his dear friend Rafiq, asking him to pick him up from Mangaluru International Airport on Friday morning. The anticipation of reuniting with loved ones after a long time was palpable in his voice. He was set to depart from Jeddah on a 10:30 pm flight, with a promise of a new dawn back home.

A Sudden Turn of Fate

However, fate had a different plan. Upon reaching Jeddah Airport, an unexpected chest pain struck Hidayath. Despite being rushed to a nearby hospital, the efforts to save him were in vain. The joyful anticipation of his return turned into an incomprehensible loss.

A Man of Talent and Dreams

Hidayath, known for his melodious singing, had initially moved to Bahrain for work before relocating to Saudi Arabia, where he worked for a cargo company. His journey was fueled by dreams and aspirations, driven by the hope of a better future for his family.

An Irreplaceable Loss

He leaves behind his grieving father Abdul Raqaq, his loving mother Shamshir Banu, his devoted wife Reshma, one son, three daughters, and countless family members and friends who cherished him. The void left by his absence is indescribable and his memories will forever be etched in their hearts.

Bringing Him Home

Efforts are underway to bring Hidayath’s mortal remains back to his hometown. His childhood friend and SDPI district secretary, Akbar Beltangady, is coordinating with authorities to ensure he makes his final journey back to the land he loved, where his loved ones await to bid him a final farewell.

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News Network
February 7,2025

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Governor Thaawarchand Gehlot returned to the State Government the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, suggesting that the ordinance will benefit borrowers while no provision has been made to provide protection to lenders.

Sources in the government said that the Governor felt the need for a detailed discussion on the ordinance in the legislature. Since the budget session will commence in March 2025, he advised the government to discuss the issue during the session, instead of bringing in the ordinance in a hurry.

The Governor advised the State Government to deliberate on the issue in detail and bring an effective enactment in the interest of the affected people and to protect their rights.

Following alleged harassment by microfinance companies seeking repayment of loans, more than a dozen borrowers had committed suicide in Karnataka. To check the harassment from MFIs, the government has proposed the ordinance.

The Raj Bhavan is of the opinion that it is the duty of the State to protect the vulnerable persons of the society. But, it is also necessary to protect the lawful and genuine rights of the persons who have lent to needy persons within the existing laws with proper checks and balance mechanism.

Mr Gehlot noted: “If all the pending loans with interest as on date is discharged, the lawful and genuine lenders may face trouble. Further, they have no remedy to recover their pending amounts, which may lead to legal battle.”

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