Times Top10: Who wants Nitish as PM?


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attacked on stage at an event in New York on Friday.
  • Video footage posted on social media showed people rushing to his aid after he was attacked at the event in Chautauqua County, with police confirming a stabbing while declining to immediately identify the victim
  • New York police say Rushdie suffered stab wounds to his neck and was airlifted to hospital, according to an AP report.
  • The late Ayatollah Ruhollah Khomeini, Iran’s supreme religious leader, pronounced a fatwa, or religious edict, on the writer on February 14, 1989, calling on Muslims to kill Rushdie because of perceived blasphemy against Islam in his fourth novel, ‘The Satanic Verses’ (1988).
  • Iran later backed away from the order and Rushdie has lived relatively openly in recent years. His second novel, ‘Midnight’s Children’ (1981) won the Booker Prize in 1981 and was deemed to be “the best novel of all winners” on two occasions.
  • retail inflation in July eased to its lowest since March at an annual 6.71% — against 5.59% in July 2021. The retail price rise index for June was at 7.01%, staying above 7% for the three consecutive months.
  • RBI still won’t be happy: The lowest inflation since March is still above the upper limit of the Reserve Bank of India’s target range of 2-6%. Inflation has stayed above the RBI’s upper threshold for seven months.
  • How: Food prices eased in July. Food prices account for nearly half of the consumer price index basket. Food inflation moderated from 7.75% in June to 6.75% in July.
  • Fuel costs also eased in July, helping rein in the pace of rise in prices. Brent crude eased about 9% in July. Another contributing factor was the lagged reflection of the fuel tax cut. Further, reducing import duties and restrictions on wheat exports also helped. However, the core inflation remains elevated and sticky.
  • Double digit IIP growth: India’s industrial production rose 12.3% in June. The Index of Industrial Production (IIP) data prepared by the National Statistical Office (NSO) shows that the manufacturing sector’s output grew 12.5% in June.
  • Auto sales rise: Passenger vehicle dispatches to dealers in India rose by 11% year-on-year in July, helped by improvement in semiconductor supplies, automobile manufacturing body SIAM’s data showed.
  • Sensex gains: Benchmark BSE Sensex rose by 130 points while Nifty extended gains for the fifth straight session in a range-bound trade on Friday as oil and gas, metal and power shares advanced. The 30-share BSE index ended 130.18 points or 0.22 per cent higher at 59,462.78 as 13 of its constituents ended in the green.
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