Raju is cutting wood with an axe at a place where children are playing. The axe flies off and kills a nearby child. Raju is liable for:

Raju committed death by negligence under Section 304A of the IPC. Using an axe near children creates a foreseeable risk of harm. The axe flying off and killing a child shows rash/negligent act, not intention to kill (not murder) nor knowledge that death would likely occur (not culpable homicide). Death by negligence applies when death results from a negligent act without criminal intent.