CHENNAI MONDAY SEPTEMBER 30, 2019 `5.00 PAGES 34 LATE CITY EDITION $ SAUDI ARABIA LOOKING TO INVEST $100 BILLION IN INDIA The kingdom is eyeing long-term partnerships in sectors such as oil, gas and mining, its ambassador to India said HUGE UNTAPPED POTENTIAL, SAYS ENVOY ■ $34 billion ‘FOR WORLD, INDIA IS A MARKET’ Saudi Arabia is also looking at investments in India in areas such as agriculture and minerals, Dr Saud bin Mohammed Al Sati, the country’s envoy to India, told PTI. “More than 40 areas for joint collaboration and investments across various sectors have already been identified between India and Saudi in 2019,” the ambassador told the agency in an interview ■ The envoy referred to Saudi Aramco’s proposed $44 billion West Coast refinery and petrochemical project in Maharashtra and its planned $15 bn stake in RIL’s chemicals and refining business Pak PM Imran Khan recently moaned that even Islamic nations are keeping quiet on Kashmir as they look at India as a market CURRENT VOLUME OF ANNUAL TRADE BETWEEN INDIA AND SAUDI ARABIA CHENNAI ■ MADURAI ■ VIJAYAWADA ■ BENGALURU ■ KOCHI ■ HYDERABAD ■ VISAKHAPATNAM ■ COIMBATORE ■ KOZHIKODE ■ THIRUVANANTHAPURAM ■ BELAGAVI ■ BHUBANESWAR ■ SHIVAMOGGA ■ MANGALURU ■ TIRUPATI ■ TIRUCHY ■ TIRUNELVELI ■ SAMBALPUR ■ HUBBALLI ■ DHARMAPURI ■ KOTTAYAM ■ KANNUR ■ VILLUPURAM ■ KOLLAM ■ WARANGAL ■ TADEPALLIGUDEM ■ NAGAPATTINAM ■ THRISSUR ■ KALABURAGI J&K curbs only in Bigger penalties put fear of law in people’s minds your minds: Shah A Says lack of mobile connectivity isn’t a rights violation; first local body poll process begins EXPRESS NEWS SERVICE @ Srinagar/New Delhi ON a day when Union Home Minister Amit Shah claimed there hardly are any restrictions in the Kashmir Valley, the democratic process in J&K tried to lumber along as the schedule for the election of chairpersons of Block Development Councils in 310 blocks was announced. It’s the first elections since Article 370 was read down and the Valley placed under lockdown. Polling will take place on October 24. Whether or not detained leaders of political parties would be released for campaining was a gray area. “As and when a political party approaches us for ensuring levelplaying field, we will respond to it. We will be responsive,” said WITH THIS ISSUE THE ESSENTIAL CAMPUS DIGEST Shailendra Kumar, J&K’s chief electoral officer. Shah had an all-is-well message, as he sought to portray a sense of normalcy, saying the opposition was spreading misinformation about restrictions in the Valley. “Where are the restrictions? It is only in your mind. There are no restrictions. Only misinformation about restrictions is being spread,” he said. He said curfew has been lifted in all 196 police stations in Kashmir. Only in eight police stations areas, Section 144 of CrPC is still in place, he added. “But people are trying to create a hue and cry over lack of mobile connections for a few days. Lack of cellphone connection is not a human rights violation,” he argued, adding the state now has 10,000 new landline connections. YOUR LIFE COACH 34 PAGES, INCLUDING 16 OF edex (TABLOID), 4 OF CITY EXPRESS lmost a month after hefty penalties for flouting traffic norms were enforced in parts of India, though there was a lot of grumbling, it appears to have coaxed many people to fall in line. Take helmetless riding. Where the fear of Lord Yama did not work, the fear of the law has. Bihar, where the new fines have been in force since September 1 — mirroring the Motor Vehicles (Amendment) Act, 2019 enacted in Parliament — is seeing a boost in helmet sales and insurance policies. Sanjay Aggarwal, a secretary in the transport department, said there has been a 10-fold increase in sales since the beginning of this month after the penalty for helmetless travel shot up from `100 to `1,000. Ramesh Kumar (55), who sells helmets in Patna, concurred. And insurance agent Rajiv Kumar Singh said the number of people approaching him for policies has gone up 15 times. There has been a humongous increase in the number of people applying for driving licences and those seeking to renew their existing ones in most states, suggesting many of them could have been illegally driving vehicles without licences. A similar jump has RUSH FOR LICENCES Increase in no. of licence applicants, jump in people getting new helmets, insurance policies and PUC certificates 20% fuel sales drop in J’khand as people try to update papers before taking vehicles out Two college students killed, five others injured in road mishap after b’day bash E X P R E S S N E W S S E R V I C E @ Chennai A birthday bash turned fatal for two college students and left five others, including the driver, injured when the car in which they were travelling met with an accident on the East Coast Road in the early hours of Sunday . Police said all but the driver were students of a private college in Vandalur. The deceased were identified as M Safin (19), a first year BBA student hailing from Mannadi, and A Ashamed Fahim (19), a second year B.Arch student from George Town. The injured are hired driver S Musaraf (20), of Royapettah, and students Yasar (19), Saifullah (20), Mohammed Sahiyudeen (19) and Afil (19). Police said the group had celebrated Fahim’s birthday at a resort near Kovalam on Saturday and were returning by a car driven by Musaraf. “Around 2 am, near Injambakkam, the driver lost control of the car which ran into the median, rolled for a few metres, hit a tree and electric pole before coming to a halt,” police said. Adyar traffic investigation police registered a case against Musaraf. Bodies of Safin and Fahim were sent for P3 postmortem. been seen in the number of those seeking to buy helmets, get insurance policies and pollution under control certificates — from the plains of Assam to the hills of Uttarakhand to God’s own country Kerala. , Jharkhand has even witnessed a 20% drop in fuel sales from the beginning of September as people want to update the documents before taking their vehicles out. More are now opting for public transport and autos. “As there is a drop in the number of vehicles plying on roads, a remarkable 20-25% decrease in the sale of fuel, especially petrol, has been observed in city outlets,” said Neeraj Bhattacharya, general secretary of Petroleum Diesel Association (South Chotanagpur). Even people having updated documents are afraid of taking out their two-wheelers because of the “havoc” created by traffic police, he claimed. B h u b a n e sw a r ’s RT O - I , which used to receive about 130 learner’s licence applications a day, now gets over 2,000 as the fine for driving without a licence has risen from `500 to `5,000. To tackle the rush, there will be special camps. “Four camps will open in Bhubaneswar,” Transport Commissioner Sanjeeb Panda said. CONTINUED ON: P6 PMC scam gets bigger as one firm got 73% of its net worth E X P R E S S N E W S S E R V I C E @ New Delhi JOY Thomas, the now-suspended managing director of the crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank, has reportedly admitted to RBI that the bank’s actual exposure to the bankrupt Housing Development and Infrastructure Limited (HDIL) is over `6,500 crore, a whopping 73% of the bank’s then net worth. The revelation came after a board member blew the whistle and sent the balance sheet to RBI. Earlier on Friday, Thomas had claimed that the exposure was `2,500 crore. The slum-redevelopment focussed HDIL went bankrupt after many of its projects in Mumbai failed.
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