Madhya Pradesh government had ordered a judicial inquiry into the mishap which was a shocking re-run of the tragedy at the same site in 2006 when over 56 pilgrims were washed away
The death toll in the stampede during Navratri festivities near a temple in Madhya Pradesh’s Datia district on Monday climbed to 115 with a number of people who had carried away the bodies of their relatives turning up for autopsy.
The stampede that left over 100 injured, was triggered by rumours yesterday that a river bridge the devotees were crossing was about to collapse.
Deputy inspector general (DIG) DK Arya said a number of people, who had carried away the bodies of their near and dear ones, are now turning up for autopsy, which is mandatory for taking compensation.
The State Government had ordered a judicial inquiry into the mishap which was a shocking re-run of the tragedy at the same site in 2006 when over 56 pilgrims were washed away after water was released in the Sindh river from upstream.
After the 2006 tragedy, the State Government had constructed a bridge over the river but the mishap took place on it allegedly due to mismanagement of the crowd that had gathered in lakhs from the nearby districts and neighbouring Uttar Pradesh.
Datia district’s chief medical officer (CMO) RS Gupta said autopsies on 111 bodies had been conducted till morning.
Police had earlier said 89 people, including 31 women and 17 children, were killed in the mishap.
Arya, while noting that the death toll could go up, said over 100 people were also injured.
The festivities turned into a tragedy as devotees from Datia and neighbouring Uttar Pradesh thronged the Durga temple to offer prayers on the occasion of Navratri at Ratangarh, about 60km from the district headquarters and around 320km away from the State capital Bhopal.
Of the 16 IPOs, 15 were from the SME sector. The IPO of Just Dial was the only one from non-SME segment and accounted for 87% of the total mobilisation
Indian companies mopped up Rs1,050 crore through initial public offerings (IPOs) during the first half of FY2014, sharply up by 36% over the same period last fiscal.
According to Prime Database, a leading database on primary capital market, 16 companies collectively raised Rs1,050 crore via IPO during the six months to end-September.
In the first half of 2012-13, as many as 13 companies had raked in Rs772 crore capital through initial share sale.
Of the 16 IPOs, 15 were from the small and medium enterprise (SME) sector. There was only one non-SME IPO, (Just Dial that garnered Rs919 crore), which accounted for 87% of the total mobilisation.
Information technology sector led the space with three companies mopping up Rs1,927 crore, which is 29% of the total amount garnered.
Market experts attributed the reason for big companies avoiding the IPO route to rake in funds to an uncertain and volatile equity markets, coupled with a lack of appetite among retail investors.
Pranav Haldea, managing director of Prime Database said, “With the secondary market still being extremely volatile and overall lack of confidence, no immediate revival of the primary market is seen in balance part of the year... The biggest disappointment for the primary market has again been the lack of divestment by the Government”.
The wholesale inflation has been rising since May and hit its seven month peak during September
The wholesale price index (WPI) based inflation has come in at 6.46% for September. This is higher than the 6.1% recorded in the previous month.
According to data released by Ministry of Commerce and Industry on Monday, WPI based inflation stood at a seven-month high of 6.46% in September against 6% in August.
The WPI-based inflation for July has now been revised upwards to 5.85% as compared to 5.79% reported earlier.
Onions drove up inflation up as prices rose by a massive 322% against 244% increase in August. This is probably an all-time high. As a result, food inflation rocketed to over a 3-year high of 18.4% in September against 18.2% in the previous month.
The build up inflation rate in the financial year so far was 5.64% compared to a build up rate of 4.84% in the corresponding period of the previous year.
Also, the wholesale inflation for the second quarter now stands at 6.13% from 4.83% in the previous quarter.
The prices of petrol rose 9.64%. However, fuel inflation moderated in September as it scaled down to 10.08% from 11.34%. Inflation for manufactured items continued to remain low as it stood at 2.03%, however, up from 1.9% price rise in the previous month.
The inflation rate for June has been revised upwards to 5.85% from the earlier estimate of 5.75%.
This will add to the worry of Reserve Bank of India (RBI) as it has previously raised concerns over rising inflation. And it was inflation that had prompted the central bank to raise interest rates in its mid-term monetary policy. The RBI had raised repo rate by 25 basis points to 7.5% in September.