Vol. 65 No. 170 | WEDNESDAY | NOVEMBER 17, 2021 | 15 Pages | DEEPER ISSUES WITH CRYPTOCURRENCIES, SAYS RBI GOVERNOR I BELIEVE A GOOD SCRIPT ALWAYS FINDS ITS WAY TO YOU: SUNNY LEONE India’s ‘Warren Buffett’ orders 72 Boeings EDIT BLATANT BID TO CONSTRAIN INSTITUTIONAL INDEPENDENCE $9 billion order for Rakesh Jhunjhunwala’s Akasa Air BETWEEN THE LINES ZAKIR NAIK’S IRF: BAN EXTENDED T he Home Ministry has extended the ban on the Mumbai-based Islamic Research Foundation (IRF) of India-born Dr Zakir Abdul Karim Naik, alias Dr Zakir Naik, for another five years under the Unlawful Activities (Prevention) Act of 1967. The ban imposed on November 17, 2016, as approved by a tribunal on May 22, 2017, was expiring on November 16, 2021. LUXURY WATCHES: PANDYA CLARIFIES I ndia all-rounder Hardik Pandya on Tuesday dismissed reports of custom officials at Mumbai airport seizing his luxury watches, saying that only one watch worth Rs 1.5 crore had been taken for "proper valuation" after he "voluntarily declared" the items brought by him. The out-offavour India all-rounder, who was returning from Dubai after an ordinary outing in the T20 World Cup, which led to his omission from the squad for the T20 series against New Zealand, refuted reports which claimed that the two wrist watches worth Rs 5 crore were seized from him by the customs department. While he was making the declaration of the imported goods bought, it was found that the price of the watches, as per bills submitted, didn't match the actual value, which is believed to be much more. OFFERING A CHEEK IS BHEEKH: RANAUT K eeping the ‘freedom’ cauldron simmering, actor Kangana Ranaut on Tuesday claimed Subhas Chandra Bose and Bhagat Singh got no support from Mahatma Gandhi and went on to mock his mantra of ahimsa by saying that offering another cheek gets you "bheekh" not freedom. In a series of posts on Instagram, Ranaut advised: "Choose your heroes wisely". "Either you are a Gandhi fan or a Netaji supporter. You can't be both... Choose and decide," Ranaut, whose Twitter account has been suspended, captioned a news clipping. In another post, Ranaut claimed, those who fought for freedom were 'handed over' to their masters by those who had no courage to fight their oppressors. She again went on to target Gandhi, claiming that there was evidence to suggest he wanted Bhagat Singh to be hanged. A REUTERS / Dubai kasa Air on Tuesday placed an order for 72 Boeing 737 MAX jets, valued at nearly $9 billion -- a deal that could help the US plane manufacturer regain lost ground in one of the world's most promising markets. The order by billionaire investor Rakesh Jhunjhunwalabacked airline comes months after air safety regulator allowed the country's airlines to fly the MAX jet, ending its nearly two and a half years of regulatory grounding after two fatal crashes in five months killed 346 people. Jhunjhunwala, known as "India's Warren Buffett", has teamed up with former chief executives of IndiGo, the country's biggest carrier, and Jet ‘‘History was written through stories. But in the 21st century, data is information and in coming times our history will be looked through and understood using data. In the future, data will be dictating the history" – PM MODI Airways to tap into demand for domestic air travel, which is nearing pre-pandemic levels as the gap cut to 28 days SANJAY JOG / Mumbai Maharashtra Health Minister Rajesh Tope has asked Union Health Minister Mansukh Mandaviya to reduce the current 84 days’ gap between two doses of Covishield to 28, “to speed up the vaccination process”. Tope met Mandaviya on Tuesday in New Delhi. “The speed of vaccination can be accelerated by reducing the gap between the two doses of the Covishield vaccine. The Union ministry needs to consider this suggestion,”Tope suggested. Tope’s request comes on the heels of the state government’s aim to have inoculated all of its 9.14 crore eligible adults with at least one dose by November 30. In order to attain this ambitious target, another 2.18 crore-plus people must be administered their first dose by this date. So far, 6.96 crore people have received their first dose in the state, while recently the , milestone of three crores be- ing fully vaccinated (first and second doses) was crossed. Chief Minister Uddhav Thackeray had recently directed the district collectors to chase this target especially after the government realised vaccine hesitancy had gained hold, with people seeing no need for it, saying the pandemic was over. Tope’s plea was based on the unanimous recommendation made by the Maharashtra TaskForce on Covid19, headed by Dr Sanjay Oak, to reduce the duration between two doses of Covishield vaccine. The taskforce has argued that a reduction in the gap between two doses will help vaccinate more people. A public health department official told The Free Press Journal, “The state government had raised this demand during the virtual meeting convened by the Prime Minister Narendra Modi earlier this month. CONTD. ON NATION PAGE country recovers from a devastating outbreak earlier this year. CONTD. ON NATION PAGE Private investment must kickstart:Das N umerous macro indicators suggest that economic recovery is now taking hold after the beating it has taken during the pandemic, but for growth to be sustainable and reach its potential, private capital investment has to resume, the Reserve Bank Governor said on Tuesday RBI Governor Shaktikanta Das said the . economy has the potential to grow at a reasonably high pace in the post-pandemic scenario, provided private capital investment resumes. Despite many economists scaling down their growth forecasts between 8.5 and 10 per cent for the current fiscal, the central bank has not changed its forecast of 9.5 per cent for the year so far. Addressing a banking function -- which Das said was his first since the pandemic begin in March 2020 -- the governor asked banks to be investment-ready when the investment cycle picks up, which the RBI feels will begin from the next fiscal. Since 2013, private capital has been missing from the economy and many are of the view that this should begin from mid-next fiscal. CONTD. ON NATION PAGE STAFF REPORTER Mumbai Additional Sessions Judge HS Satbhai, who was hearing the applications of the Enforcement Directorate seeking remand of former Home Minister Anil Deshmukh in a money laundering case, has been transferred to Yavatmal district with immediate effect. On Monday the judge had , rejected the plea by the NCP leader for home-cooked food and reasoned that Deshmukh should first taste the jail food. The former minister had sought the facility on the grounds that he is 73 and has several food restrictions on account of health con- Move could benefit low- and middle-income countries PRIYANKA NAVALKAR / Mumbai Searching for a rented flat on a public group on social media proved to be a virtual nightmare for a 27-year-old marketing executive from Gujarat, as she was subjected to cyber sexual harassment by a man posing as a flat-owner. She then complained, tagging Mumbai Police on Twitter and was asked to lodge a complaint at the nearest police station. However, she is yet to lodge a complaint in Vadodara. The woman was posting on a Facebook group which connects youngsters looking for rooms to rent without brokerage, as she was plan- Geneva cerns and ailments and had also recently been infected with coronavirus. Confirming the news to the FPJ, MW Chandwani, registrar general of the High Court, said: “Yes, the order has been issued.” Deshmukh was initially produced by the ED before a ning to return to Mumbai in December, having worked from home during the pandemic. She said, “I had contacted a few people and enquired about a single-occupancy room for rent in the western suburbs. I received a message from a man whose profile identified him as Akshay Singh, who asked if I was still on the lookout for a flat. When I replied in the affirmative, he sent a few pictures and videos of a flat, which he claimed was his.” After this, he first asked for her mobile number for communication purposes, enquired about her workplace and then offered to let her stay CONTD. ON NATION PAGE Indian cricketers having their work out at BKC during their short preparatory camp before the first Test against New Zealand in Kanpur from November 25. US pharmaceutical giant Pfizer on Tuesday announced a deal to make its oral antiviral Covid-19 medication available more cheaply in poorer countries, if the promising pill passes trials and regulatory approval. Pfizer, which also produces a Covid vaccine, said it had signed an agreement to sublicence production of its Paxlovid pill to generic drug manufacturers, without receiving royalties. The deal with the global Medicines Patent Pool (MPP) would therefore make the candidate drug available at a lower cost in 95 low- and middle-income countries covering around 53 percent of the The road to Lucknow GRP tracks down jewel thief ROBIN ROY The countdown for UP assembly election has begun with the ruling BJP looking east and PM Modi sounding the poll bugle in Purvanchal – the gateway to the political pickings in Lucknow. The country’s longest expressway, which was launched on Tuesday with PM Modi touching down in IAF’s C-130J Super Hercules transport aircraft, passes through nine districts in eastern UP which has 45 assembly segments. And incidentally -- call it luck or sheer political acumen -- the constituencies of CM Yogi and the PM are in Purvanchal. CONTD. ON NATION PAGE Loot worth Rs 2.41L recovered KAMAL MISHRA / Mumbai After checking the ‘dump data’ of thousands of users and CCTV footage of all the stations enroute the DaundIndore Superfast Express, the crime branch of Government Railway Police, Mumbai, has not only arrested the accused but also recovered jewellery worth around Rs 2.41 lakh from Indore. The accused has been identi- No orders on temple rituals: SC LAST WORD T FROM OUR BUREAU / New Delhi he Supreme Court on Tuesday said the constitutional court can’t interfere in the day-to-day affairs of a temple, and declined to issue any order on a petition alleging irregularities in certain rituals of Tirupati Balaji temple. A bench headed by Chief Justice N.V . Ramana said constitutional courts can’t spell out how rituals (‘puja’ in a temple) should be performed, how coconut should be broken, how a garland should be put on a deity etc. The bench, , also comprising Justices A.S. Bopanna and Hima Kohli, said these issues cannot be decided in a writ petition. Sar- vari Daadaa, petitioner-in-person, submitted that it is a public temple. The bench said: “How will courts interfere in this…how to conduct rituals?” The bench noted that the relief world's population. It follows a similar deal for US rival Merck & Co last month. The drug is to be taken with the HIV medicine ritonavir. While the search for vaccines has resulted in multiple products being approved for emergency use in the pandemic, the hunt for treatments for those who have already caught the disease has not been as fruitful. Interim data from ongoing trials on the pill demonstrated an 89 percent reduction in the risk of Covid-19-related hospitalisation or death compared to a placebo, in non-hospitalised high-risk adults with Covid-19 within three days of symptom onset, said Pfizer. CONTD. ON NATION PAGE vacation judge. However, once the vacation was over, he was produced before Judge Satbhai for remand extension. In the same FIR, Anil Deshmukh's son Hrishikesh had moved an anticipatory bail application which was listed before Additional Sessions Judge MG Deshpande. Judge Deshpande had wondered as to how the remand in the same FIR, came up before judge Satbhai who held the charge for hearing "trials" against MPs and MLAs and not pretrial applications. He had, therefore, directed ED to seek clarification from the principal judge of Sessions Court on the issue. CONTD. ON NATION PAGE House-seeker solicited online by ‘homeowner’ is through Purvanchal P QUOTE Sunrise: 06:47 am Sunset : 06:00 pm Pfizer to allow others to make its Covid pill State wants dose Judge in Deshmukh case shifted POWER SNAPPED IN ZILLA SCHOOLS ower supply to at least 800 Zilla Parishad schools has been snapped over nonpayment of dues in Pune district, an official said on Tuesday. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has snapped the power supply to these schools, a senior Zilla Parishad official said. The cumulative outstanding bill amount is over Rs 2 crore and the primary cause of the disconnection was nonpayment of power bills by schools, which were closed amid the COVID-19 pandemic, he said. Before reopening, schools were inspected to ascertain if they had any infrastructural issues. During the inspection, it was found out that power supply had been snapped in some schools. 330c. 250c. sought by the petitioner is in the nature of interfering in day-to-day affairs of the temple. It further added that this cannot be looked into by a constitutional court and any deviation from tradition is a question of fact, which the trial court can look into by appreciating the evidence. The top court asked the temple administration to respond to the petitioner’s grievances, and if there is still a grievance on specified aspects, the petitioner can approach the appropriate forum. Srivari Dadda, a devotee of Lord Venkateshwara Swamy had alleged ir, regularities in conduct of ‘sevas’ and rituals at the Tirupati Temple. CONTD. ON NATION PAGE fied as Santosh Sonaji Jadhav , a resident of Kopri, Thane. He was detained from Indore after he boarded the Daund-Indore Superfast Express at Kalyan station, officers said. On September 27, 2021, a 37year-old resident of Ambarnath had reported to the GRP that her bag containing jewellery was stolen when she arrived from her native place in Chennai and was waiting for her son to pick her up at Platform No. 7 of Kalyan station. Acting on the complaint, Mumbai GRP swung into action. “It was a difficult task. We didn’t have any major leads. The CCTV footage showed the accused boarding the Daund-Indore Superfast Express from Kalyan station but the images were blurred and grainy said Senior In,” spector Gajendra Patil, GRP Mumbai crime branch unit, who cracked the case. CONTD. ON NATION PAGE China overtakes US as richest country TAILPIECE AGENCIES / Beijing Global wealth tripled over the last two decades, with China leading the way and overtaking the US for the top spot, reports Bloomberg. This is the finding of a report by McKinsey & Co which examines the national balance sheets of ten countries representing more than 60 per cent of the world's income. China accounted for almost one-third of gains in global net worth over the past two decades, the report said. "We are now wealthier than we have ever been," Jan Mischke, a partner at the McKinsey Global Institute in Zurich, said in an interview. Net worth worldwide rose to $514 trillion in 2020, from $156 trillion in 2000, according to the study. China accounted for almost one-third of the increase. Its wealth skyrocketed to $120 trillion from a mere $7 trillion in 2000, the year before it joined the World Trade Organization, speeding its economic ascent, the report said. CONTD. ON NATION PAGE PIC: BL SONI City Radar MALIK'S LATEST: RUSSIAN MAFIA SANJAY JOG / Mumbai: Keeping the Cordelia cruise drugs bust case simmering, NCP chief spokesman and Minority Affairs Minister Nawab Malik has alleged the involvement of the Russian drug mafia operating in Goa. “NCB zonal director Sameer Dawood Wankhede also has jurisdiction in Goa. People all over the world know that there is drug tourism in Goa. The Russian mafia deals in drugs. However, no action is being taken in Goa as the drug racket is being run by the Fashion TV head who is a member of Wankhede’s private army he alleged. He de,” manded answers from the NCB and Wankhede. Continuing his tirade against Wankhede, Malik shared WhatsApp chats and purported audio and video clips between K P Gosavi (a witness in the cruise drugs bust case and currently jailed in Pune in connection with a 2018 case) and a Delhi-based informer.