COIMBATORE l friday l october 08, 2021 l `7.00 l PAGES 14 l LATE CITY EDITION dissenters out of the BJP’s national executive team The 80-member body has Union ministers and influential newcomers like Mithun Chakraborty and Dinesh Trivedi swamy, maneka gandhi, varun dropped Maneka Gandhi and son Varun were dropped hours after the latter’s tweet on the Lakhimpur Kheri violence. Subramanian Swamy, vocal critic of the leadership, too, was removed. Choudhary Birendra Singh, who recently shared the dais with Om Prakash Chautala, was axed. Prahlad Singh Patel lost his slot perhaps after his name cropped up in the Pegasus list ■ Nov 7 heady mix of veterans, newcomers ■ ■ Smriti Irani made a comeback. Heavyweights like Amit Shah, Rajnath Singh and Nitin Gadkari retained their positions S P S Baghel and Dara Singh Chouhan, both imports from the BSP with strong following in the backward castes, were inducted Veterans L K Advani and Murli Manohar Joshi have been retained When the national executive meets for the first time in two years 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 Terrorists gun down principal, teacher in Srinagar school Faya z Wani @ Srinagar Distraught family members of Deepak Chand, a teacher from Jammu, killed during a terrorist attack at a government school in Idgah area of downtown Srinagar on Thursday | PTI Kill me also, says kour’s mother A pall of gloom descended on the house of Supinder Kour, whose relatives are yet to come to terms with her death. “Kill me also,” wailed her mother even as relatives made futile attempts to console her. “What had she done? She was a teacher. She has small kids. Aag lage is Kashmir ko (let this Kashmir burn),” she said credit offtake NPAs set to rise as stress in retail loans deepens E x p r e ss N e w s S e rvic e @ Hyderabad in July this year, retail loans overtook corporate credit, perhaps for the first time in Indian banking history . The trend continued in August, and it is likely that in Q2, the aggregate retail loan book of banks will surpass their corporate counterpart by a modest mile. But the celebratory cheer could be short-lived due to rising bad loans. According to India Ratings, overall stressed assets – NPAs and restructured loans – in the retail segment will likely touch 5.8% of total advances by the end of FY22 from 2.9% a year before. In Q1 alone, according to Care Ratings, gross NPAs in retail and MSME loans of public sector banks rose to 7.28% from 6% the previous year. The incidence of bad loans was comparatively less intense for private banks at 3.32%. To contain the stress, lenders have mounted massive restructuring this fiscal. For instance, State Bank of India restructured loans worth `20,000 crore in Q1, of which retail personal loans were at `9,000 crore. These include unsecured loans, personal loans, home, auto and education loans. But unlike in the past when NPA woes were limited to state-run lenders, this time private banks will equally face the music given their foothold in retail sector. India Ratings believes the asset quality impact in retail sector has been significantly higher for private banks, forcing them to restructure loans helping to defer immediate rise in slippages. The blanket moratorium on repayment of both principal and interest announced during the pandemic year 2020 did benefit borrowers and banks (keeping NPAs at bay), but the rise in slippages and restructuring indicates a stress build-up in the segment following the second wave. With household finances remaining under pressure, banks and NBFCs are wasting no time to auction off big chunks of the stressed loan pile to avoid a repeat of toxic assets as seen in the corporate segment. Terrorists barged into a government school on Thursday and shot dead its principal and a teacher at point-blank range, in a shocking escalation of civilian targets here in the last few days. As many as seven civilians have been killed in the Valley in just five days. Thursday’s attack happened when the teachers were taking online classes. No student was in school at the time of the incident. The deceased were identified as principal Supinder Kour from Aloochibagh in uptown Srinagar, and Deepak Chand from Jammu. Police said the terrorists entered the Government Boys Higher Secondary School at Sangam around 11.15 am and opened fire. While Deepak died on UP summons out for minister’s son State scrambles to take action as SC seeks report they don’t turn up, we will go to court and follow due legal process,” the IG With the Supreme Court breathing told this newspaper, adding teams down its neck demanding a status re- have been set up for their arrest and port on probe into the Lakhimpur questioning. Kheri violence within 24 hours, the Significantly the IG confirmed the , UP Police tried to get its act torecovery of empty bullet shells gether, arresting two aides of from the violence site. The the main accused Ashish FIR lodged on the basis of Mishra and detaining three the farmers’ complaint alothers here on Thursday . leged that Ashish opened As for Ashish, son of fire after getting down Union minister Anil from a car that mowed Mishra, he has been sumdown the protestors. “In moned to appear at the Lathe light of this, the incident khimpur police lines for site was meticulously interrogation at 10 am on Probe trajectory probed by a metal detector Friday. “We have sumtoday,” a police statement Additional Director moned him. We will record later said. his statement,” said Laxmi General of Police S N The IG also said the arSabat said events Singh, Inspector General rested persons have given of Police, Lucknow zone. unfolded only after lots of information. “Durthe “accident”. The summons notice was ing interrogation, they Anyone behind the pasted at the Lakhimpur confirmed the presence of residence of Ajay Mishra. wheel has complete three others who were control over the Earlier in the day, the killed in the violence.” The Supreme Court had asked vehicle and is 100% IG was, however, cagey on the state government to responsible for it, he whether they confirmed submit a full report by Fri- said, adding others Ashish’s presence in one day after taking suo motu in the vehicle could of the cars that rammed have a reason to cognisance of the matter. into the protestors from ‘instigate or abet’ The two arrested perbehind. Bharatiya Kisan sons were identified as Lu- whatever happened Union leader Rakesh Singh vkush and Ashish Pandey . Tikait has demanded AshTheir arrest happened full four days ish’s arrest by October 12. after the violence that led to the killMeanwhile, the UP government ing of eight persons, including four named retired Allahabad High Court farmers and a journalist, indicated judge Pradeep Kumar Srivastava as the police were dragging their feet till the head of the single-member judinow. “The accused named in the FIR cial commission that will investigate have been called for questioning. If the violence. N amita B a j pai @ Lucknow britain quarantine list blinks Indians out of its The UK said on Thursday there will be no quarantine for Indian travellers if they are either fully vaccinated with Covishield or any another UK-approved Covid-19 vaccine. The rule will come into effect from Monday, October 11, British High Commissioner to India Alex Ellis tweeted late on Thursday night crude realities As cement prices soar, realty to bear brunt? C S H I V A K U M A R @ Chennai The construction industry which is , struggling to shrug off the pandemicinduced woes, has suffered a fresh blow with cement manufacturers in South India warning that the production cost of cement is likely to go up by `60 for a 50kg bag. The South India Cement Manufacturers Association (SICMA) said cement production has been hit due to rise in the cost of imported coal. “Pet coke is simply not available. These days, due to shortage of ships, even high-priced coal or pet coke is not available and sources say there will be further increase in the price of coal,” a SICMA statement said. “Under these circumstances, it is likely that cement production will be badly hit. This could increase the production cost of a bag of cement by a minimum of `60. It is difficult to predict either further increase in fuel cost or capacity utilisation can be achieved by the cement industry in south India,” it added. Branded cement was selling at `420 per bag till last Saturday At present, . the wholesale price of ‘A’ grade cement has already risen to `480-490 while the retail price is `490-500. This has sparked alarm among property developers, who feel it could impact the residential sector badly Builders . estimate that real estate prices could rise by `250 to `500 per square feet. With over 180 million tonnes capacity, South India accounts for around half of the country’s installed capacity About 35 per cent of limestone de. posits are in the South and it can be a cement hub to meet the surge in the demand in other regions. the spot, Supinder succumbed on the way to a hospital. Two days ago, a prominent Kashmiri Pandit chemist, Makhan Lal Bindroo, and two others were killed in similar attacks. Claiming responsibility for Thursday’s attack, terrorist outfit The Resistance Front claimed it was a retributive strike against those who had allegedly harassed parents into making their wards attend the August 15 Independence Day functions. Soon after the attack, security forces launched a search for the assailants, but no arrest was reported till the time of going to press. Meanwhile, terrorists lobbed a grenade at a CRPF bunker in Safakadal in Srinagar on Thursday night, but there was no loss of life. Officials said the grenade hit the netting of the bunker and exploded on the roadside. e x p r e ss r e a d HC tells HR&CE dept to evict theme park from temple land Chennai: The Madras High Court on Thursday directed the Hindu Religious and Charitable Endowments (HR&CE) department to initiate proceedings to evict Queensland amusement park from 21 acres of land at Poonamallee in Chennai, belonging to Venugopalaswami and Kasi Viswanathaswami temples. Disposing of a 2013 petition by Rajam Hotels Private Limited, which runs the amusement park, Justice M Sundar ordered initiation for eviction and to complete the process in four weeks. ENS Will give befitting reply: L-G Lt Governor Manoj Sinha condemned the killings and said a befitting reply would be given to the perpetrators. “The terrorists and their patrons will not succeed in disturbing peace, progress and prosperity of J&K,” Sinha tweeted. Leaders cutting across party lines as also social and religious groups condemned the attack Jab-o-meter Take your shot Oct 06 40,43,600 doses Oct 07 45,54,939 doses Total doses 93,11,96,195 NATIONWIDE oct 6 oct 7 Fresh cases 18,833 22,431 Recoveries 24,770 24,602 Deaths 278 318 tamil nadu oct 6 oct 7 Fresh cases Recoveries Deaths 1,432 1,519 25 1,390 1,487 27 karnataka S18 S12 Waste water discharge points S13 S14 Bhavani Fresh water intake points Downstream stations Upstream stations Arkavathi S17 S1 S2 S3 S15 Kabini S4 S16 cauvery S5 Noyyal S6 kerala Amaravathi S19 Sampling sites along the river tamil nadu S20 S21 S7 S22 S9 S11 S10 S8 S1 to S22 indicate the sampling sites where the IIT-M team collected water along the entire river stretch cauvery heavy on drugs: iit study S V K R I S H N A C H A I TA N YA @ Chennai In a first, a team of researchers from the Indian Institute of Technology Madras (IIT-M) has found in the Cauvery river high concentrations of emerging contaminants, including the less-studied pharmaceutically active compounds, which pose a serious threat to humans and the ecosystem. Although several studies in the past have shown the deteriorating quality of Cauvery water, this is the first time a study has quantified the concentration of pharma contaminants. At least 15 such pollutants, including anti-inflammatories such as ibuprofen and diclofenac, anti-hypertensives such as atenolol and isoprenaline, enzyme inhibitors like perindopril, stimulants like caffeine, and antidepressants and antibiotics were detected in high concentration, the study stated. The concentration of a few of these contaminants in the Cauvery is several times higher than in the Ganges or other rivers. For instance, 3,330.73 nanograms per litre of carbamazepine was detected in the Cauvery which , is 273 times the levels in the Thamirabarani. Researchers said Kanakpura in Bengaluru and Mettur in Salem are the most polluted stretches. The results were published in the peer-reviewed journal, Science of the Total Environment.
Express Network Private Limited publishes thirty three E-paper editions of The New Indian Express newspaper , thirty two E-paper editions of Dinamani, one E-paper edition of The Morning Standard, one E-paper edition of Malayalam Vaarika magazine and one E-paper edition of the Indulge - The Morning Standard, Kolkatta.