Ullal: In an incident reported from Ullal Sea Ground on Monday, a fishing boat capsized as it hit rocks near the shore after its engine turned off. The fishermen are learned to be safe.

The 13 fishermen went out into the sea in the boat ‘Buraaq’, owned by one Ashfaq, from the docks of Mangaluru at around 2:30 am on Monday. The engine of the boat turned off near Ullal Sea Gound. As a result, the boat, which went out of control, hit the rocks set up on the shore to prevent sea erosion and capsized, the manager, Khalil, has said.

The fishermen reportedly swam to the shore and saved their lives.

The boat however, has been completely damaged in the accident. The loss due to the accident is estimated to be more than Rs 1.5 crore.

Ullal Police arrived at the spot and have held an inspection.

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Amritsar (PTI): Former president Ram Nath Kovind on Friday said that with digital transformation, economic reforms and a strong focus on the ease of doing business, India is moving towards becoming a global economic powerhouse.

He was speaking after inaugurating the 19th edition of the Punjab International Trade Expo (PITEX) in Amritsar.

The former president said that this 19th edition of PITEX is being organised at a time when India is recognised as one of the fastest-growing large economies in the world.

Speaking at the inaugural ceremony of the event organised by the PHD Chamber of Commerce and Industry (PHDCCI) the former president, while referring to Punjab, said the state is a living example of courage, sacrifice and enterprise.

"The spiritual light of Sri Harmandir Sahib (Golden Temple) inspires peace and humanity across the world. The heritage of Punjab is deep and inspiring," Kovind said, according to a statement issued by the PITEX.

The former president congratulated the PHDCCI for hosting the 19th edition of PITEX and suggested that the chamber should expand PITEX outside Punjab.

He proposed that a similar event should also be held in New Delhi.