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SUNVILLA SAMACHAR LEADING ENGLISH DAILY MORNING NEWSPAPER, AHMEDABAD
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BJP MPs protest against Opposition MPs’ ‘unruly behaviour’ in Parliament Page : 2
Ronaldo double earns Premier League win for United in front of Rangnick
India finalises cooperation plan to revive Covid-hit Sri Lanka economy
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Why India remembers Operation Trident every year on December 4 Page : 4
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The short- to medium-term plan was decided during Sri Lanka Finance Minister Basil Rajapaksa’s visit to India this week. Agency News:New Delhi
Tamannaah Bhatia looks hot in the curve-enhancing gown.
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Two international passengers, including child, test positive for Covid in Tamil Nadu Two persons, including a child, who arrived in Tamil Nadu from Singapore and England, which are among the 12 ‘at-risk’ countries, have tested positive for Covid-19. The state government has sent their samples for genome sequencing to check for the presence of the Omicron variant. Confirming the cases, state Health Minister Ma Subramanian said on Friday, “One of the passengers who arrived on a Singapore flight in Tiruchirapalli has tested positive for Covid-19. He was isolated at the KP Viswanathan Medical College and Hospital. His samples have been sent for genome sequencing at the lab here in Chennai as well as to InStem (Institute for Stem Cell Science) in Bengaluru… We will get to know whether he is infected with the Omicron variant only after getting the results.
Protest By BJP MPs Like “Salt In Wound”: Congress MP Shashi Tharoor Attacking the Bharatiya Janata Party (BJP) over the suspension of 12 Opposition MPs, Congress leader Shashi Tharoor today said that the protest by the ruling party’s MPs in the parliament was like rubbing salt in the wound. “It was needlessly provocative of the BJP MPs to come here and rub salt in the wound. If anything BJP should have shown that is solidarity. My colleagues were unjustly expelled by a party that has institutionalized disruption,” Mr Tharoor said. BJP MPs staged a protest in Parliament this morning against the alleged “unruly” behaviour of the Opposition parties. On the other hand, Opposition MPs protested against the suspension of 12 Rajya Sabha MPs. Since the commencement of the winter session.
As Sri Lanka battles to revive its Covid-battered economy, New Delhi and Colombo have agreed on a fourpronged cooperation package comprising urgent food and health security, energy security, currency swap and Indian investments. The short- to medium-term plan was decided during Sri Lanka Finance Minister Basil Rajapaksa’s visit to India this week. He met his Indian counterpart Nirmala Sitharaman and External Affairs Minister S Jaishankar,
among others. The brother of Sri Lanka Prime Minister Mahinda Rajapaksa and President Gotabaya Rajapaksa, Basil Rajapaksa is considered a political strategist. He was a confidante of Mahinda Rajapaksa when he was President. Basil Rajapaksa was appointed Finance Minister in July. According to a statement issued by the Sri Lanka High Commission in New Delhi, the two sides discussed “four pillars” for short- and mediumterm cooperation. These are An urgent food and health security package that would envisage an extension of a line of credit to cover the import of food, medicines and other essential items from India to Sri Lanka An energy security package that would include a line of credit to cover the import of fuel from India, and early modernisation of the Trincomalee Tank Farm An offer of a currency swap to help Sri Lanka address its balance of payment issues – Facilitating Indian investments.
Omicron impact may be less Jagdish Thakor appointed Gujarat Congress president severe due to vaccination, Delta exposure: Govt It however underscored that definitive evidence for new variant’s increased remission and immune evasion is awaited
Agency News:New Delhi The Union Health Ministry on Friday said while there is no evidence to suggest that existing vaccines do not work on the Omicron variant of SARSCoV-2, some of the mutations reported may decrease the efficacy of the jabs.It however underscored that definitive evidence for new variant’s increased remission and immune evasion is awaited.The ministry has issued a list of frequently asked questions (FAQs) about the Omicron variant of coronavirus which has been designated by WHO as a ‘variant of concern’ (VoC). Two cases of the new variant were reported in Karnataka on Thursday.From the list of FAQs, the ministry, answering to whether the existing vaccines work against the Omicron variant, said, “While, there is no evidence to suggest that existing vaccines do not work on Omicron, some of
the mutations reported on spike gene may decrease the efficacy of existing vaccines.”However, vaccine protection is also by antibodies as well as by cellular immunity, which is expected to be relatively better preserved. Hence, vaccines are expected to still offer protection against severe disease and vaccination is crucial. If eligible one should get vaccinated, it said. On the possibility of a third wave of Covid infection, the ministry said Omicron cases are increasingly being reported from countries outside of South Africa and given its characteristics, it is likely to spread to more countries, including India. However, the scale and magnitude of the rise in cases and the severity of the disease are still not clear, it said. “Further, given the fast pace of vaccination in India and high exposure to delta variant as evidenced by high seropositivity, the severity of the disease is anticipated to be low.
Cyclone Jawad forms in Bay of Bengal, to travel along Andhra-Odisha coast on Saturday Cyclone Jawad: Mrutyunjay Mohapatra, Director General, India Meteorological Department (IMD), Friday said the cyclone would come closest to land near Puri district around noon on Sunday. Agency News:New Delhi Cyclone Jawad formed in the Bay of Bengal around noon on Friday, and is expected to travel along the Andhra Pradesh and Odisha coasts on Saturday before reaching Puri district on Sunday morning, the closest it will get to land. This is the third cyclone after Yaas and
Gulab to reach Odisha in 2021. Presently, squally winds with speeds between 60 to 70 kmph are prevailing along these coastal states. Jawad, which had intensified into a deep depression on Friday morning, rapidly strengthened into a cyclonic storm by noon. As per the latest satellite observations, it was located 420 km south-southeast
However, scientific evidence is still evolving,” the Health Ministry said. To a question on can the currently used diagnostics methods detect Omicron, it said that the most accepted and commonly used method of diagnostic for SARS-CoV2 is the RT-PCR method. “This method detects specific genes in the virus, such as Spike (S), Enveloped (E) and Nucleocapsid (N) etc to confirm the presence of the virus. However, in the case of Omicron, as the S gene is heavily mutated, some of the primers may lead to results indicating the absence of the S gene (called S gene drop out).
noon on Sunday. The maximum impact will be when the cyclone intensifies to the ‘Severe Cyclone’ category, bringing with it very heavy rainfall and gusty winds with speed picking up to 110 kmph between the mornings of Saturday and Sunday.
Sunvilla News: Ahmedabad Congress President Sonia Gandhi has appointed Jagdish Thakor as the new president of the Gujarat Congress replacing Amit Chavda.The appointment comes ahead of next year’s assembly elections in the state, where Congress is seeking to wrest power from the BJP. “Congress president has appointed Shri Jagdish Thakor as the President, Gujarat Pradesh Congress Committee,
Consider Booster Shot For 40 And Above: Centre’s Research Body On Omicron Omicron threat: Short for Indian SARS-CoV-2 Genomics Consortium, INSACOG checks variations in coronavirus across the nation to help understand how it spreads and evolves Agency News:New Delhi
of Visakhapatnam, 650 km south-southeast of Paradip and 530 km south-southeast of Gopalpur. Mrutyunjay Mohapatra, Director General, India Meteorological Department (IMD), Friday said the cyclone would come closest to land near Puri district around
Jagdish Thakor’s appointment as Gujarat Congress president comes ahead of next year’s assembly elections in the state
A consortium of 28 laboratories to monitor genomic variations in coronavirus has recommended the centre to consider COVID-19 booster dose for those who are 40 years and older amid the threat of Omicron, a new variant of concern. India has reported two cases of Omicron infection. “Vaccination of all remaining unvaccinated atrisk people and consideration of a booster dose for those 40 years of age and over, first targeting the most high-risk and high-
exposure may be considered, since low levels of neutralising antibodies from current vaccines are unlikely to be sufficient to neutralise Omicron, although risk of severe disease is still likely to be reduced,” INSACOG said in its weekly bulletin. Short for Indian SARS-CoV-2 Genomics Consortium, INSACOG checks variations in coronavirus across the nation to help understand how it spreads and evolves, and to suggest the best possible public health response. “Genomic surveillance will be critical for early detection of the presence of this variant.
with immediate effect,” an official statement from the party said on Friday. “The party appreciates the contributions of outgoing PCC President, Shri Amit Chavda,” AICC general secretary KC Venugopal said in the statement
Proactive Naval deployment since Ladakh standoff deterred misadventure: Navy Chief
Agency News:New Delhi Navy Chief Admiral R Hari Kumar Friday said the force’s “proactive deployment” of ships in the Indian Ocean Region — amid the standoff with China — deterred any potential “misadventure” Kumar said when there was “an issue on the northern border, our ships were forward deployed” and other ships were ready if the situation escalated. He said the Navy kept Chinese warships “under close surveillance” and continues to do so even now. Kumar, speaking to reporters on the eve of Navy Day, also said the details of the Maritime Theatre Command are still under discussion and that its basic structure will be ready by the middle of next year. The Navy Chief, who took over on November 30, also flagged the complications posed.
“Congress In Deep Freezer”: Trinamool Says Mamata Banerjee Is The One As Mamata Banerjee pushes hard to emerge as the face of the Opposition by edging out the Congress, the Trinamool Congress today launched a fresh attack on the grand old party.An article in the party’s mouthpiece Jago Bangla today stated that the Congress has gone into a “deep freezer” and Opposition parties are now looking up to the West Bengal Chief Minister to fill the vacuum.
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SUNVILLA SAMACHAR Editorial
SUNVILLA SAMACHAR
Global Economic Recovery From Covid Crisis At Risk
Waves of new variants of the old accursed pandemic is bad news for the health of the planet. On top, the economic disruptions that these have been creating is a double whammy. The only silver lining is that people learn fast to tackle new situations, however difficult these are As a South African doctor conclusively proved the infection by a still more infectious variant of the old covid-19 virus, it sent a shiver down the spines. All countries woke up to the possibilities of another round of mass sickness, overcrowded hospitals, shortages of essential medicines and medical services and then fresh lock downs. Several countries have already imposed fresh travel restrictions. Japan for one has been supercharged and has reportedly stopped all international flights coming. Some European countries are doing so, amidst already spiking covid infection rates. China, the country which had let loose this horrible plight on the world, has been pursuing its crude policy of zero-tolerance to covid infection. Brazil has been another weak spot, with large incidence of infection, omicron or no omicron. The doctors are already saying that although the virus mutant is far more infectious than the earlier Delta one, it has so far proved to be less fatal. The symptoms of the omicron variety are much milder and do not immediately require hospitalisation. However, this still called for medical attention and treatment, particularly to isolate and spot its spread. And there lies the cache. If controlling the spread of the omicron variety of covid needs still more vicious isolation and lock down, then this is surely going to affect the global economic recovery now under way. The IMF had forecast comfortable economic recovery before the news of the omicron spread. Now, after its emergence and rapid spread, these would have to be reviewed. Already, global financial markets have reacted to the news of the new variant and its typical nature. Markets have fallen sharply and these are still waiting for further details. As more and more news appear about the omicron variety, the financial markets would surely react. By itself, this will leave dents on countries, depending on their other strengths or weaknesses.This is not unknown. Immediately after the global financial melt-down in 2008 and subsequent disruptions, the economies had gone into a tail spin. As the US economic authorities had responded to the evolving scenario, these further left collateral damages. Recall what had happened on the news of tapering of bond purchases by the US Federal Reserve which had buoyed up the sentiments on the financial markets and kept the interest rates low. News of the Fed cutting down bond purchases drove their yield up and financial flows to the emerging market economies plummeted. The exchange rates of most of the countries nosedived and they had faced a new crisis. Based on the impact of the US tapering, the larger emerging market economies had immediate turned into a new grade —the Frail Five— which experienced sharp drop in their exchange rates, domestic financial uncertainties and the fresh dip in economic activity. A kind of financial market instability following severe omicron spread and fresh lock-downs could once again give rise to uncertainties. This would of course depend on their current economic strength. However, it is possible to anticipate that those already facing high inflation (and some are), having smaller kitty of foreign exchange reserves, exposure to short-term loans and dependence on exports to China or US, will face possible inflection points. The risks of public health and hygiene apart, the downside risks now emerge from what two major economic powers would be doing. Both China and the United States are the engines of the global economy and their domestic economic policies will influence what happens to others. There are two principal threats now. The first is that China is slowing down and a slower China poses threat to a host of countries with numerous related risks. The second is the monetary policy stance of the US Federal Reserve and the rippling financial woes these could inflicts across the world. China first. In itself, these Chinese economic trends are posing a serious problem for the global economy. Real estate is estimated to constitute close to 30% of the Chinese GDP according to some very conservative calculations by well-down China expert Kenneth Rogoff. The trouble of the real estate behemoth, Evergrande, which owned over $300 billion - Kapilkumar M. Hirpara in loans to various.
Editor
“Smart Move” By India To Move Out Of RCEP Trade Pact: Australian Envoy Agency News:New Delhi Australian Prime Minister’s Special Trade Envoy Tony Abbott on Friday termed India’s decision to not join Regional Comprehensive Economic Partnership (RCEP) a “shrewd” move Explaining himself further during a virtual press conference in New Delhi, Mr Abbott said: “It was a smart move by India to move out of the RCEP so we could focus on the bilateral deal between India and Australia.” The RCEP is a proposed free trade agreement in the Asia-Pacific region between the 10 member states of the Association of Southeast Asian Nations (ASEAN) namely, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam and five of ASEAN’s FTA partners -- Australia, China, Japan, New Zealand.
BJP MPs protest against Opposition MPs’ ‘unruly behaviour’ in Parliament
The country recorded 9,216 fresh cases of Covid-19 infection in last 24 hours, the health ministry said on Friday morning. As many as 391 patients succumbed to the infection during this period The active caseload of Covid in the country rose to 99,976. The daily positivity rate is 0.8 per cent, while the weekly positivity rate is 0.84 per cent. 98.35% recovery The number of recoveries in last 24 hours remained lower than the daily case tally. As many as 8,612 patients recovered from the infection during this period. With over 3.4 crore total recoveries, the recovery rate is 98.35 per cent. More than 64.46 crore samples have been tested for Covid-19 in the country till now. Of these, 11.57 lakh were carried out on Thursday More than 1.25 crore vaccine
“Some Project Us As Villains”: Supreme Court On Delhi Schools’ Closure During yesterday’s hearing the court had questioned the Delhi government’s decision to re-open schools despite air pollution levels in the ‘severe’ or ‘hazardous’ category Agency News: New Delhi
Agency News:New Delhi It was a protest against protest in the Parliament on Friday. Members of the Bharatiya Janata Party (BJP) staged a protest against ‘unruly behaviour’ by MPs of Opposition parties near the statue of Mahatma Gandhi. Reacting to BJP MPs’ protest, Congress MP Shashi Tharoor said, “It was needlessly provocative of the BJP MPs to come here and rub salt on the wounds. If anything, BJP should have
shown solidarity.” He added that the MPs were “unjustly expelled by a party that has institutionalized disruption. The Opposition MPs have been protesting against the suspension of 12 Rajya Sabha MPs on Monday, the first day of the Winter Session of the Parliament. Among the suspended MPs, six are from Congress, two each from Trinamool Congress and Shiv Sena and one each from CPI and CPM. They have been suspended for the rest of the session.
An aggrieved Supreme Court on Friday clarified that the decision to shut down schools in Delhi over the air quality crisis was not entirely on its initiative. The court - hearing a long-running argument over controlling, if not eliminating, the clouds of toxic air that smother the national capital every winter suggestions on closures of various
institutions had come from the Delhi government in its affidavits and the court had only pointed out schools were open (and children exposed to poisonous air) while adults had the option of working from home. Chief Justice NV Ramana, heading the three-judge bench in this matter, appeared upset at some newspaper reports on yesterday’s hearings that said the court had pressed for the closure of schools.
Agency News:Hyderabad Amid concern over COVID-19 new variant Omicron, a woman, who was one of 325 passengers who came from abroad to Hyderabad, tested positive for Covid. However, Srinivas Rao, Director, Public Health and Family Welfare said that it is yet to be confirmed whether she contracted Omicron or any other variant. He said that it could be a delta variant. Her samples have been sent to TIMS for whole-genome sequencing.
Agency News:Tikamgarh
doses administered Crossing yet another milestone, the country’s vaccination figure is now over 125.75 crore. Over 73.67 lakh doses were administered across India in last 24 hours, taking the overall vaccination under the nationwide programme to more than 125 crore on Thursday. 50 new cases in Gujarat The number of Covid-19 cases in Gujarat is on the rise. In 24 hours ending Thursday evening, the state recorded 50 new cases. One death was reported from Rajkot rural. Within the state, the maximum number of cases, 15, was recorded from Ahmedabad city. Surat city and Vadodara rural reported 6 cases each, Rajkot rural and Vadodara city 4 each, Kutch 3, Bhavnagar city 2Anand, Bhavnagar, Gandhinagar city, Gir Somnath, Jamnagar city, Navsari, Rajkot city, Surat rural, Tapi and Valsad had 1 case each.
Three police personnel from Madhya Pradesh, who were going to Haryana in an SUV along with two others from Uttar Pradesh in order to rescue a kidnapped girl, died in a road accident on Yamuna Expressway in Mathura in UP on Friday morning, an official said.The three policemen belonged to Budera police station in Tikamgarh district of Madhya Pradesh, he said.Three others, including a police head constable, sustained injuries in the incident
Kerala High Court Sets Aside Order On Covishield Dosage Intervals Agency News: Thiruvananthapuram The Kerala High Court has set aside its September order that directed the centre to allow a second dose of Covishield (for those eligible) after a fourweek gap instead of the currently mandated 84 days. The court reversed its earlier decision, saying vaccinations (and dosage intervals) are part of policy decisions taken by the central government, and it cannot interfere in this space. Passed by a singlejudge bench, the earlier order had said that an individual covered the Covid vaccination drive was “entitled to make a choice between early protection and better protection”. In effect, then, the minimum interval between two Covishield doses remains at 84
the Delhi government) responded: “You must put the blame where it lies. Today one newspaper in particular has portrayed yesterday’s hearing as an aggressive combat... that newspaper is at variance with two others. I am also an aggrieved party.” Some projecting as if we aren’t concerned about welfare of students.
Agency News: Chandigarh
“So far, the Omicron variant has not been detected in Telangana. A 35-year-old woman who has come from British Airways to Hyderabad has tested positive for COVID-19. Her samples have been sent to TIMS for wholegenome sequencing. Whether she has Omicron or Delta variant will be known only after receiving the genome sequencing results. We suspect that it is a Delta variant. The results are going to take around 2 or 3 days,” Mr Rao said “So far there are 325 passengers who have come.
Three Madhya Pradesh Cops Among 5 Killed In UP Car Crash
Esha Gupta looks breathtaking in a purple ruffled saree.
“... we don’t know whether it is intentional or not. Some sections of the media ... and some people try to project us as villains... (and say) we want closure of schools. It was the Delhi government’s own suggestion on closing things - WFH, etc. Have you seen the papers today?” the Chief Justice asked. To this senior advocate Abhishek Singhvi (representing
Passenger Tests Positive In Controversial Punjabi Hyderabad, “Suspect DelSinger Sidhu Moosewala ta,” Says Official Joins Congress
Whether she has Omicron or Delta variant will be known only after receiving the genome sequencing results, officials said
India records 9,216 new cases, 391 deaths in 24 hours Agency News:New Delhi
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days, or 12 weeks Days later the centre appealed to the High Court order against its order, saying that if the decision was not set aside it could derail the vaccination policy of the entire country. The recommended (minimum) interval between two doses of Covishield (India’s version of the OxfordAstraZeneca COVID-19 vaccine) was four to six weeks when vaccinations began in January. This was subsequently increased to six to eight weeks and, in May, extended again to 12 to 16 weeks. The centre’s rationale at the time was “real life evidence from the UK” regarding the vaccine’s efficacy. The gap for Bharat Biotech’s Covaxin has remained unchanged. The earlier order, which also directed the centre to modify the CoWIN app to allow for reduced interval, was after a petition by two clothing companies.
and were admitted to a hospital in Mathura, the official said.“The police team was going to Haryana when their vehicle crashed into a road divider,” Tikamgarh Additional Superintendent of Police M L Chourasia told PTI. The deceased have been identified as police head constable Bhawani Prasad (52), constables Hira Devi Prajapati (32), Kamlendra Yadav (28), he added. Two others Preeti and Dharmendra - whom the police were taking from Uttar Pradesh to help them out in rescuing the kidnapped.
Sidhu Moosewala, a controversial singer known to flaunt guns and police cases in his song videos, joined the Congress today in the run-up to the Punjab election early next year. Both Punjab Chief Minister Charanjit Singh Channi and state Congress chief Navjot Singh Sidhu welcomed him aboard. The Punjabi rapper is likely to contest the polls from Mansa, his hometown. Sidhu Moosewala, 28, faces many cases that accuse him
of glorifying guns and violence through his songs. But Navjot Sidhu stonewalled questions on the subject “Why are you asking about issues which are subjudice.
Dr. Subrahmanaya S. Murthy TATA is working with CEMOSA as Tunnell safety Expert. Sunvilla News: Ahmedabad
Dr. Subrahmanaya S. Murthy TATA who is UNESCO Recognised Honary Doctorate from AZTECA, Mexico, Who is D.Eng and M.SEI, M.TD&I, M.CI, MISSMGE, M.ASCE, USA, MCIOB CCM UK, FIE, C.Engr, FIIV, CV, C.Struct Engr, MISE(I), MICE(I), Life Member in Harvard square, USA . He has published 75 books in 16 Laungauges in
India, Sri Lanka finalise four-point package for economic cooperation
a record time of 90 Days. On Amazon Kindle https://www. amazon.com/SUBRAHMANAYA-S-MURTHY TATA/e/B087DV2WFF%3Fref=dbs_a_mng_ rwt_scns_share
High Command Will Take A Call: BJP Leader On Tie-Up With Amarinder Singh Agency News:New Delhi
Agency News:New Delhi India and Sri Lanka have framed a four-point package, including a line of credit to cover the import of food and medicines and a currency swap arrangement, to deepen economic cooperation and to help the island nation cope with economic problems. The package was finalised during two meetings that visiting Sri Lankan finance minister Basil Rajapaksa had with his Indian counterpart Nirmala Sitharaman and external affairs minister S Jaishankar on Wednesday and Thursday. This was Rajapaksa’s first overseas
visit since he assumed office in July. The two sides discussed four pillars for short and mediumterm cooperation, according to a statement issued by the Sri Lankan high commission at the conclusion of Rajapaksa’s visit on Thursday. They include a food and health security package on an urgent basis that envisages the extension of a line of credit by India to cover the import of food, medicines and other essential items by Sri Lanka, an energy security package that will include a line of credit to cover the import of fuel from India, and the early modernisation of Trincomalee Tank Farm.
BJP general secretary in charge of Punjab Dushyant Gautam on Thursday said the party is preparing to contest all 117 seats in the assembly election, and the party high command will take a decision on alliance with Captain Amarinder Singh’s new party, Punjab Lok Congress “We are preparing to contest all 117 seats in the upcoming Punjab assembly elections. The final decision of alliance between BJP and Captain’s new political party will only be taken by the high command,” Mr Gautam said. This came after Captain Amarinder Singh launched his new political party after quitting Congress and is hopeful of a tie-up with the BJP if the ongoing protest by farmers for minimum support price, or MSP, is resolved “in the interest of farmers”. In tweets by his media advisor Raveen Thukral, the former Chief Minister said.
SUNVILLA SAMACHAR
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‘We take scripts from South and remake them, so why not take actors’, says ‘Atrangi Re’ ding with Katrina Kaif happening but in ‘hush-hush way’ Director Aanand L Rai
‘I was jumping with joy’: Vivek Madaan on being paired opposite Raveena Tandon in ‘Aranyak’ Vicky Kaushal’s neighbour Krushna Abhishek says wedAgency News: Mumbai
BOLLYWOOD-HOLLYWOOD
Actor Vivek Madaan, who has worked in popular films and shows like ‘Talash’, ‘Hum Tum’, ‘Parvarish’ and others, will be seen opposite actress Raveena Tandon in the Netflix show ‘Aranyak’. The upcoming crime thriller narrates a dark and gritty tale after a foreign teenage tourist disappears in a misty town. While Raveena essays the role of a cop in the show, Vivek plays her husband. Actor Vivek Madaan, who has worked in popular films and shows like ‘Talash’, ‘Hum Tum’, ‘Parvarish’ and others, will be seen opposite actress Raveena Tandon in the Netflix show ‘Aranyak’ The upcoming crime thriller narrates a dark and gritty tale after a foreign teenage tourist disappears in a misty town. While Raveena essays the role of a cop in the show, Vivek plays her husband. In an exclusive interaction with Free Press Journal,
More confirmations about Katrina Kaif and Vicky Kaushal’s wedding are coming in despite the couple’s silence over the reports. Agency News: Mumbai Vivek opened up about his role, his experience of working with the actress, and his journey of 25 years in the entertainment industry. Vivek said that despite the COVID-19 pandemic and the unfavourable weather conditions, it was a wonderful experience shooting for ‘Aranyak’ in Himachal Pradesh. “’Aranyak’ was shot in the midst of the pandemic so the most challenging thing that we had to encounter.
Although Katrina Kaif and Vicky Kaushal are yet to address the speculations of their wedding, Krushna Abhishek has already sent his love and best wishes to the couple. The comedian, who recently shot two different episodes of The Kapil Sharma Show with Katrina Kaif and Vicky Kaushal, seemingly confirmed that the wedding is happening. However, he said it is still all hush. In an interview with ABP News, Krushna Abhishek was
informed that Katrina Kaif seems to be getting married and was asked to share his best wishes. The comedian responded, “I know, I know, Katrina is very sweet -- I have worked with her on my shows, she’s appeared as a guest many times -- and she’s a wonderful person and I wish her all luck. She’s beautiful inside out, she’s a wonderful person. I want to wish them all luck from my side, best wishes.” When asked why he hasn’t wished Vicky Kaushal, Krushna said, “Vicky is my neighbour so that I can wish him
in the lift (laughs). The wedding preparations are happening but in a hush-hush way, they haven’t shared it yet. Vicky is also a wonderful guy, they make a good
pair. Both of them are nice people. I am not being political, I actually know them so I wish them luck. You only asked about Katrina so I didn’t mention Vicky.”
Malaika Arora and Arjun Kapoor enjoy a romantic vacation in Maldives Agency News: Mumbai Arjun Kapoor and Malaika Arora are one of the most talked about Bollywood jodis. They do not indulge in social media PDA or post a lot of photos together, but their sizzling chemistry is unmissable when spotted together. The lovebirds have flown away to a beach island to spend quality time amidst their hectic shoot schedules. The couple took to their Instagram stories, sharing clips from their vacation. From sunsets at beautiful beaches to exotic foods, they shared the similar clips, giving us a hint of their getaway together. While Arjun posted a story flaunting his
chiselled body, Malaika uploaded a story, soaking in the sun in her tracksuit. She soaked in some sunshine on her vacation but made sure not miss her workout The blue sea in the background and story tags to a hotel in the Maldives show that the couple has chosen the Fari Islands in the Maldives for their romantic getaway. Malaika also snapped Arjun scrolling through Instagram which the actor shared on his story and wrote, “When she catches you swiping thru Instagram on holiday.” Malaika and Arjun have been in a relationship for over three years now. After keeping it a secret for quite a while, the couple made it public.
While everybody in the Bollywood is now trying to bridge the gap between north and south cinema, Rai was the first person to bring Dhanush in Hindi film industry with ‘Raanjhanaa’. Agency News: Mumbai Aanand L Rai is one director every actor worth his salt wants to work with. For starters after not having worked with big directors for many years -Akshay Kumar has collaborated with Aanand for three films – two as a director – Atrangi Re and Raksha Bandhan – and one as a producer, Gorkha for director Sanjay Puran Singh Chauhan. Kangana Ranaut and R Madhavan have worked in two films with Aanand and so has Dhanush What works in Aanand’s favour is the fact that not only is he an affable
Malaika Arora and Arjun Kapoor do not indulge in social media PDA, but their sizzling chemistry is unmissable when spotted together
person, but a rather emotional one at that. How does he judge himself? “The only thing I never like to do is judge anyone. That is one thing that keeps my sanity. I don’t judge people and that’s the reason people are comfortable, says Aanand. “For me direction is also something that is unseen and can be felt, I feel that a director should not be seen but felt,” he lets out the reason behind his success. Rai was also the first person to bring Dhanush to Bollywood with Raanjhanaa and now everyone is bridging the north and the south. “When I do that, it is for a story and it is not a strategy. At the time of Raanjhanaa I had this feeling that this is my country and these are my people and this bunch of talents belong to us. So, I should not feel hesitant in approaching talent from the south. We take scripts and remake them. So why not take the actors? And make it as universal as possible. If Pritam is mine, so is AR Rahman, ditto with Dhanush and Akshay Sir.” As for his latest offering Atrangi Re starring Akshay, Dhanush and Sara Ali Khan he says. “This is the purest form of love coming from me. I have been very fearless in telling the story. There is no mathematics.
SPORTS - BUSINESS
BWF World Tour Finals: Kid- Ronaldo double earns Preambi Srikanth loses to Lee Zii mier League win for United Jia, bows out of tournament in front of Rangnick The former world no. 1 Indian was no match for Lee, the reigning All England champion, going down 1921 14-21 in 37 minutes to end his campaign.
Agency News: New Delhi India’s Kidambi Srikanth bowed out of the seasonending BWF World Tour Finals after losing to second seeded Malaysian Lee Zii Jia in straight games in his third and final group B match here on Friday. The former world no. 1 Indian was no match for Lee, the reigning All
England champion, going down 19-21 14-21 in 37 minutes to end his campaign. It was Srikanth’s second loss to the world no. 8 Malaysian, who had defeated the Indian at Hylo Open in straight games. Srikanth trailed 0-3 at the start but made his way to a slim 9-8 lead at one stage. An alert Lee, however, ensured a twopoint advantage at the interval.
Agency News: New Delhi Sitting high in the stand with a blanket covering his legs on a chilly night at Old Trafford, recently appointed Manchester United manager Ralf Rangnick was treated to a rip-roaring introduction to life in the Premier League One of the most bizarre goals seen for years. Two goals from Cristiano Ronaldo, taking
him past 800 in his amazing career. And, most importantly, a wild 3-2 win over Arsenal that ushered in another new era at United. Rangnick wasn’t officially in charge of United for the match on Thursday — that honor went to Michael Carrick, who ended his brief spell as interim coach unbeaten — but he was there to watch his new team display.
Junior hockey World Cup: Germany’s half-court press could get tricky; but India have the surprise up their sleevea Agency News: New Delhi After surviving a wave of Belgian attacks through some stubborn defending, India will take on an opponent, Germany, in the Junior World Cup semifinal that is diametrically opposite, both in terms of style and mentality Unlike Belgium, who played zonal, which gave India a chance to intercept passes and play within their own comfort level – given that they, too, play a similar style – Germany employed man-to-man marking in their quarterfinal against Spain.
If they play a similar style against India, it could choke the team’s creative outlets like captain Vivek Sagar Prasad, who plays as centre-half. When Prasad is given
space and time in the midfield, he is able to use his pace and agility to receive a pass and release the forwards with his natural instinct to play an attacking ball.
However, given his short stature – he’s 5’3” – he can be outmuscled if Germany’s bulky midfielders mark him closely. The same goes for the forwards, who might have to play in combinations of two or three to get behind their markers. It’s a style India haven’t played until now, so if Germany play the same way as they did against Spain, it could get tricky for India. India is a side that likes to counterattack. Belgium, who played high up, allowed India to use their blinding speed to move forward. But Germany have so far played a half-court press.
Facebook India gross ad revenue up 41% at Rs 9,326 crore
Kirloskar feud: Approach mediator, says Supreme Court
Combined with Google, total gross ad revenue of the two tech giants stands at `23,213 crore for FY21
Agency News: New Delhi
Agency News: New Delhi Agency News: New Delhi Meta Platforms Inc-owned Facebook Life Insurance India Online Corporation Services on (LIC), Thursday which reported is aexpected 41 per cent to year-on-year launch its initial increase public in gross offer advertisement (IPO), has revenue asked at policyholders Rs 9,326 croretofor update financial their year Permanent 2020-21,Account while the Number net revenue (PAN).grew The22insurance per cent to major Rs 1,481 has made crore itduring clear that the period. it won’t Its be net able profittoforparticipate the fiscal (Aprilin the March), IPO however, subscription declinedwithout 6 per cent updating year-on-year the PAN (y-o-y) details. to Rs As 128percrore, the proposed regulatory plan, filingsupbyto 10 per cent of the LIC IPO issue size would be reserved for policyholders. The IPO is expected to be open for subscription in fourth quarter of the current financial year LIC has been running advertisements.
the company with the Registrar of Companies (RoC) show In comparison, Google India, which filed its results with the RoC last month, reported 21.4 per cent y-o-y growth in gross advertisement revenues to Rs 13,887 crore. The net profit for the company in India rose 38 per cent y-o-y to Rs 808 crore while the total income of the company increased 14 per cent y-o-y to Rs 6,386 crore. The total gross advertisement revenue of the two tech giants
combined stand at Rs 23, 213 crore. Facebook India also paid an equalisation levy of Rs 518 crore to the government during last fiscal, which is 6 per cent of their gross ad revenues, as per the filings Together, Facebook India and Google India corner a lion’s share of online and digital advertisement revenue in India.
The Supreme Court on Thursday gave one last opportunity to the Kirloskar brothers — Sanjay, Atul and others — to explore the possibility of resolving their feud over division of assets through “preliminary” mediation under former SC judge Indu Malhotra A Bench led by Chief Justice NV Ramana asked Sanjay, Atul and 13 other respondents to cooperate and raise all the objections before the mediator. “We feel that as a preliminary steps, the existing parties shall appear.
Sensex up over 250 points in early trade, Nifty above 17,450-mark
The 30-share index was trading 262.86 points or 0.45% higher at 58,724.15 in initial deals. Similarly, the Nifty rose 68.45 points or 0.39% to 17,470.10. Agency News: New Delhi The frontline equity indices on the BSE and National Stock Exchange (NSE) opened marginally higher on Friday aided by information technology (IT), banking and energy stocks amid concerns around the discovery of two cases of the new Omicron variant in the country a day
earlier. The S&P Sensex surged 262.86 points to 58,724.15 in opening deals while the Nifty 50 rose 68.45 points to 17,470.10. On the Sensex pack, L&T, Infosys, ICICI Bank, HDFC Bank and Axis Bank were the top contributors in the early deals The price of petrol in Delhi stands at Rs 95.41 per litre while that of diesel is at Rs 86.67. In Mumbai, petrol
currently costs Rs 109.98, while diesel is retailing at Rs 94.14, data available on Indian Oil Corporation’s website showed. Click here to read Indian rupee
was trading in a narrow range in morning trade on Friday amid uncertainties over the global economic recovery in the wake of the emergence of Omicron. At the interbank foreign exchange, the rupee opened at 74.98 against the dollar. It touched an early high of 74.96 and a low of 75.01 in initial deals. The rupee on Thursday settled at 75.02 against the US dollar. Prime Minister Narendra Modi on Friday inaugurated the InFinity Forum, a thought leadership Forum on FinTech. In his keynote address, the prime minister said that last year, mobile payments.
SUNVILLA SAMACHAR
04.12.2021, Saturday
LOCAL NEWS
Cop held for taking Rs Ahmedabad became the seventh 50,000 bribe in Valsad cheapest city in the world PASA is a stringent
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act in Gujarat applied to accused persons booked in over three FIRs of similar kind of offence. Agency News: Valsad
The Gujarat Anti Corruption Bureau (ACB) held an assistant sub inspector (ASI) of police at Valsad for accepting Rs 50,000 bribe in exchange of not booking a person under prevention of anti social activities (PASA) act. PASA is a stringent act in Gujarat applied to accused persons booked in over three FIRs of similar kind of offence. According to ACB officials, the accused Satish Somvanshi, ASI (Grade 3) at
Deepika Padukone cuts a statusque figure in a plain black Sabyasachi saree.
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OBC strongman Jagdish Thakor to be GPCC chief, MLA Rathva LOP Around nine months since the party’s two top positions in the state went vacant, the Congress High Command on Thursday decided to appoint former MP and OBC community leader from North Gujarat, Jagdish Thakor, as the president of Gujarat Pradesh Congress Committee (GPCC) and MLA Sukhram Rathva as the Leader of Opposition (LOP) in the state Assembly, party The decision — official announcement of which is likely to be made Friday — comes ahead of the 2022 Assembly elections in Gujarat. Thakor will succeed Amit Chavda, who is an MLA from OBC strongman Jagdish.
GU to offer joint degree courses, research with University of Ladakh The Gujarat University’s Indian Institute of Sustainability (IIS) and University of Ladakh (UoL) Thursday signed a memorandum of understanding (MoU) to offer joint degree courses and joint research with transfer of credits.A Ladakh cultural centre being set up on Gujarat University, Ahmedabad campus by UoL as a part of the MoU will be inaugurated on December 25. To initiate with, courses including MBA and integrated MBA in tourism management and sustainability, agribusiness management.
2 IIPHG researchers on Stanford University’s list of top global researchers Two researchers from the Indian Institute of Public Health in Gandhinagar (IIPH-G) have been named in Stanford University’s list of the top two per cent of the most-cited scientists in various disciplines. Dr Dileep Mavlankar and Dr Mahaveer Golechha, from the domain of health sciences and field of public health and public services respectively, are on the list released in October. The exhaustive list, which has 1,59,683 persons with nearly 1,500 Indians on it, is released annually for the top two percent researchers globally based on their research publications. It is prepared on the basis of standardised citation indicators, including information on citation and the overall impact of citation. All researchers are classified into 22 scientific fields and 176 sub-fields.
Valsad Rural Police Station was detained in a trap at Simada Naka area of Valsad on Thursday night. “In this case, the accused cop had threatened and demanded initially Rs 1 lakh bribe from the complainant in exchange of not booking him under PASA act. Finally the amount was settled to Rs 50,000 after due negotiation by another private person Ram Singh Patil on behalf of accused policeman. The complainant then approached the ACB and On Thursday nights.
The report ranks 173 countries around the world based on fluctuations in living standards and spending. Sunvilla News: Ahmedabad The Economist Intelligence Unit has released a list of the world’s most expensive cities. You may be surprised to know that Tel Aviv, Israel is the most expensive city in the world in this list. In this list, Ahmedabad has been declared as the seventh cheapest city in the world. The Economist Intelligence Unit recently released a report on
IIMA centre to help companies integrate ESG into businesses The centre aspires to be a platform to facilitate dialogue and cuttingedge research to improve the ESG performance of organisations and enterprises, while nurturing an ecosystem for stakeholder capitalism in India Sunvilla News: Ahmedabad The Indian Institute of Management Ahmedabad (IIMA) on Thursday announced the launch of Arun Duggal ESG Centre for Research and Innovation on December 3 that
The scratch version of the song that I recorded thinking I was rehearsing Last month, Zee TV returned with its most iconic, longestrunning singing realityshow that has stayed relevant to music lovers across the country - Sa Re Ga Ma Pa2021. With a rich legacy of over 25 years, Sa Re Ga Ma Pa has been successful indiscovering some truly invaluable gems of the music fraternity. The show started offwith a bang and the talented contestants of this season have already managed toimpress the audience. However, viewers are in for a special treat this weekend.The upcoming episode of the most popular show Sa Re Ga Ma Pa will take theaudience by surprise as they’ll get to see the very talented Ayushmann Khurranaand Vaani Kapoor gracing the set alongside music maestros Anuradha Paudwal,Kavita Krishnamurthy and Kumar Sanu as special guests. While all the performances by the contestants brought.
the Worldwide Cost of Living Survey 2021. The list does not include any city in India except Ahmedabad. Ahmedabad has 37 points in the WCOL index
Former bureaucrat Hasmukh Shah succumbs to post-Covid complications Shah, who had been suffering from a prolonged illness, tested positive for Covid on November 12 and later developed postCovid complications Agency News: Vadodara
will contribute to the development of the Environmental, Social and Corporate Governance (ESG) ecosystem in India and help Indian enterprises and organisations integrate ESG into their core business and investments decisions. ICRA chairman Arun Duggal has contributed the endowment to the centre, which will also develop ESG rating data framework to measure the ESG performance of Indian companies. Announcing its launch, IIMA director professor Errol D’Souza said, “The setting up of this
centre comes at a time when companies and policy makers are increasingly recognising, incorporating and prioritising ESG as an intrinsic part of their longterm development strategy… The Centre at IIMA will play an important role in leading the ESG debate in India and contributing to policy, thought-leadership and advocacy in this space.” The centre aspires to be a platform to facilitate dialogue and cuttingedge research to improve the ESG performance of organisations and enterprises.
and is ranked 167th, making it the seventh cheapest city in the world. In this index, Karachi city of Pakistan got 36 points and is ranked 168th.
Hasmukh Shah, who is known for his illustrious career in the government sector, including as joint secretary during three successive terms at the Prime Minister’s Office (PMO) from 1977, breathed his last at Shree Krishna Hospital in Gujarat’s Karamsad on Friday. He was 89. Shah, who had been suffering from a prolonged illness, tested positive for Covid on November 12 and later developed postCovid complications, his family told The Indian Express. He began his career as a lecturer of sociology at Gujarat University in 1957 and researched Mahatma Gandhi’s works until 1963. According to his daughter Alpana Parida, Shah was invited to join the Prime Minister’s Office in
1977 when Morarji Desai was the Prime Minister, despite having no background in civil services. “He never appeared for any civil services exam. It was on an invite from Morarji Desai that he joined the PMO and served three Prime Ministers. He lived a full life and we celebrate his memory even as we pray for the departed soul,” Parida said Shah, who was fully vaccinated, had tested positive for Covid on November 12. “He had a prolonged age-related illness. But Covid-19 complications resulted in his death,” she said. Shah served in the PMO during the tenure of Morarji Desai, Charan Singh and Indira Gandhi. He was also the former chairman and managing director of Indian Petrochemicals Corporation Limited (IPCL) before it was privatised. While at IPCL, he persuaded.
Why India remembers Operation Trident every year on December 4 The Navy plans to celebrate 2021 as ‘Swarnim Vijay Varsh’ as part of commemorating the 50th anniversary of the victory in the 1971 War.
Every year, India celebrates December 4 as Navy Day to commemorate Operation Trident – a key offensive during the 1971 India-Pakistan War, when the Indian Navy inflicted heavy damage on Pakistani vessels in
Karachi harbour. The same day also marks the end of Navy Week, which, too, is celebrated annually. The Navy plans to celebrate 2021 as ‘Swarnim Vijay Varsh’ as part of commemorating the 50th anniversary of the victory
in the 1971 War. Prime Minister Narendra Modi said on Friday, “Navy Day greetings to all our valorous navy personnel and their families. The Indian navy fearlessly protects our coasts and also renders humanitarian assistance in times of need. We also remember India’s rich maritime tradition over centuries.” The India-Pakistan War of 1971 had begun on December 3, when the Pakistan Air Force launched pre-emptive strikes on airfields in Western India. India responded
by formally declaring war in the wee hours of December 4 On December 4, under Operation Trident, the Indian Navy sank three vessels near the Pakistani port city of Karachi. The stars of the mission were the then-recently acquired Soviet Osa missile boats, fitted with 4 SS-N-2 (P-15) Styx missiles. INS Kiltan, Katchall, Nipat, Nighat and Veer sank PNS Khaibar killing 222 Pakistani sailors, and PNS Muhafiz killing 33 Pakistani sailors – and a merchant ship.
Perspective on expectation from RBI Monetary Policy by Ms. Rajani Sinha, Chief Economist and National Director - Research, Knight Frank India
Actor Jeremy Renner, the lead of Marvel Studios’ Hawkeye talks about the character and how he was introduced to the MCU; Hawkeyestreaming exclusively on Disney+ Hotstar
Please find appended below a perspective by Ms. Rajani Sinha, Chief Economist and National Director - Research, Knight Frank India on the expectations on the upcoming RBI Monetary Policy to be announced on December 8. “RBI has started the process of normalization by mopping out excess liquidity from the system through enhanced VRRR auction
The year is coming to an end and Marvel Studios’ greatest archer, Hawkeye, has his target set on getting home to his family for Christmas. In the latest Disney+ Hotstar series, starring Jeremy Renner as Hawkeye, the ace archer sets on a journey to go back to his family but his trysts with outlaws impede his journey in the post-blip world. To defeat them, Hawkeye teams up with a
and suspending the G-SAP. There was growing expectations that in the December MPC meeting, RBI would hike the reverse repo rate to narrow the corridor between repo and reverse repo rate. However, the new COVID variant Omicron has again pushed the global and Indian economy in a state of uncertainty and nervousness. There is also added uncertainty of any knee-
jerk reaction of Indian and global financial markets to Fed’s monetary policy indication/action. In such a scenario, RBI in its upcoming meeting is likely to keep the rates on hold. On the growth front, while most economic indicators have surpassed pre-Covid levels, there is still a lot of slack in the economy. Hence RBI may decide to wait and watch till the next MPC.
22-year-old skilled archer and his biggest fan, Kate Bishop played by actor Hailee Steinfeld, to unravel a criminal conspiracy. Catch one of the original Avengers live in action as he gears up for his next big adventure. Hawkeye marks the fifth Marvel Studios series streaming nowon Disney+ Hotstar in a language close to home for Indian fans across the country.
4 Colliers strengthens its Office Services capabilities in Mumbai with senior industry hire
Press Release
International Trade Fair for processing and packaging industry launched The Institute of Packaging Machinery Manufacturers of India (IPMMI), PHD Chamber of Commerce and Industry (PHDCCI) and Messe Muenchen India will co-organize PackMach Asia Expo in Mumbai from 7th to 9th December 2022. The trade fair will be co-located with drink technology India and World Tea and Coffee Expo. PackMach Asia
Expo is a dedicated trade fair for the packaging and processing sector. It will target industries with packaging requirements such as food, bakery, confectionery, pharmaceuticals, nonfood, cosmetics and industrial goods industries The Indian packaging industry is the fifth largest sector in India’s economy, and the packaging market in the country is expected.
RummyCulture Launches Ultra Deals and New Game Play Features Rummy Culture, India’s fastest-growing online rummy platform from thehouse of ‘Gameskraft’ announced details of the launch of new gameplay features and variants. Thenew features aim to make the gaming experience more engaging for all the skilled gamers and helpincrease penetration of rummy among new players. Additionally, Rummy Culture has alsointroduced a new game format called Ultra Deals Rummy.The new gameplay has
many exciting features making each game more fast-paced, action-packed,and engaging. These are-Points Grand Slam: Players get to win bigdaily by playing for more points and reaching thetop of the leaderboard. The more you play, the more you win! This allows players to showtheir Rummy skills to other players. Ultra-Deals Rummy: Win every hand with thrilling game format and quick completion time – Win all, lose all makes.
Kumar Sanu and Ayushmann Khurrana recreated ‘Dard Karaara’ song on the sets of Sa Re Ga Ma Pa Last month, Zee TV returned with its most iconic, longestrunning singing realit show that has stayed relevant to music lovers across the country - Sa Re Ga Ma Pa 2021. With a rich legacy of over 25 years, Sa Re Ga Ma Pa has been successful in discovering some truly invaluable gems of the music fraternity. The show started off with
a bang and the talented contestants of this season have already managed to impress the audience. However, viewers are in for a special treat this weekend. The upcoming episode of the popular show Sa Re Ga Ma Pa will have our very talented Ayushmann Khurrana and Vaani Kapoor as the special guest, alongside.
Chunotiyon ka vaar, iss hafte & TV par!
This week, &TV has much more drama and comedy in store for its viewers across all its shows, including Baal Shiv, Ghar Ek MandirKripa Agrasen Maharaja Ki, Aur Bhai Kya Chal Raha Hai? Happu Ki Ultan Paltan and Bhabiji Ghar Par Hai. Shiv ke paawan din Somwaar, 6 December se hoga Baal Shiv ka Aagman Come Monday, December 6 th , the day devoted to the worship of Lord Shiva, has a big entry in
store for all the Lord Shiva's devotees, inform a grand entry of Baal Shiv, essayed by Aan Tiwari in Baal Shiv. Meanwhile, as Tridev accepts Mahasati Anusuya (Mouli Ganguly), their mother, a big Janamotsav, takes place. Indrani brings goats with her to ridicule Anusuya's motherhood. Tridevis realize their mistake and decide to bring their husbands back. Narada informs Anusuya of this. Tridev hides their identity from Tridevis.
Hero Motocorp Expands Operations In Argentina
Hero MotoCorp, the world s largest manufacturer of motorcycles and scooters, along with Gilera Motors Argentinahas expanded operations and inaugurated a flagship dealership in Argentina. The company had recently announced the revitalisation of its presence in Argentina by partnering with Gilera Motors, one of the leading companies in the motor vehicle sector in Argentina and one of the mostexperienced motorcycle manufacturers in Latin America. Gilera Motors Argentina will
make new investments to rapidly expand all business operations for Hero MotoCorp’s worldclass products. This is expected to generate nearly 500 new jobs in the region. Gilera Motors Argentina has also expanded its plant in Carlos Spegazzini Province of Buenos Aires to completely renovate its infrastructure and adapt the latest automotive technologies that are incorporated in Hero MotoCorp products. Hero MotoCorp and Gilera Motors Argentina also inaugurated a flagship.
BitMEX Introduces Most Rewarding Crypto ‘Earn’ Product Yet Global cryptocurrency trading platform BitMEX announced the launch of BitMEX EARN. This interest-bearing product offers the highest annual percentage rate (APR) of all public Earn products.The product rewards users who subscribe their funds for a set period with an interest payout, ranging from 14 - 100% APR. Furthermore, BitMEX EARN is the only product of its type in the market that is 100% insurance fund backed. All payouts are guaranteed by the BitMEX insurance fund - one of
the largest funds in the industry. The first cryptocurrency available on BitMEX EARN is Tether (USDT ERC-20). BitMEX customers who subscribe to the product before 7 December 2021 can subscribe to an early bird offer to earn up to a 100% APR on Tether for deposits up to USDT 1,000 per user and up to 14% APR for deposits up to USDT 100,000 per user. More details on BitMEX EARN can be found hereAlexander Höptner, Chief Executive Officer at BitMEX, said.
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