DAILY FROM: AHMEDABAD, CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA JOURNALISM OF COURAGE FRIDAY, JANUARY 22, 2021, NEW DELHI, LATE CITY, 20 PAGES `6.00 (`8 BIHAR & RAIPUR, `12 SRINAGAR) WWW.INDIANEXPRESS.COM SINCE 1932 SANDEEP SINGH & GEORGE MATHEW NEW DELHI, MUMBAI, JANUARY 21 THE BENCHMARK Sensex Thursday breached the 50,000mark for the first time before retreating to close at 49,624, a fall of 167 points or 0.34 per cent over Wednesday’s closing. The rise and rise of markets over the last few months has been driven by a combination of external factors: global liquidity, vaccine hopes, US election outcome, alongside the growing strength in the domestic recovery. But market experts said that thefactorsshapingitsfuturemomentum will be the nature of the government’sspending programme to be unveiled in the CONTINUED ON PAGE 7 E X P L A I NE D 50,000 & still counting: liquidity pushes markets, all eyes on Budget now E THE 70%-SURGE since April 2020 is on the back of global liquidity, vaccine hopes, US elections and domestic recovery. Future momentum will depend on government’s spending (Budget); duration of RBI stimulus and check on inflation. Dividewithinonturningdownproposal; policesaynotoR-DaytractorrallyinDelhi RAAKHI JAGGA, LIZ MATHEW & JIGNASA SINHA EXPLAINED Some staff members of the Serum Institute of India after the fire broke out in one of the buildings in Pune on Thursday. PTI Five killed in Serum Institute fire, Covishield production unaffected Building has rotavirus, BCG labs; Covid vaccine units on nearby SII campus MUMBAI, JANUARY 21 ANURADHA MASCARENHAS & SUSHANT KULKARNI PUNE, JANUARY 21 Mohammed Siraj at his father’s grave in Hyderabad on Thursday. PTI RELATEDREPORTS,PAGE20 BY UNNY DRAWINGTHEhardlinetopress forthe repealof thenew agriculture laws, farmer unions Thursday rejected the Centre’s offer to keep the laws in abeyance for 18 months and form a joint committee to address grievances. The unions, scheduled to return to the talks table Friday, WHATNEXT FOR INVESTORS PAGE 13 BUSINESS AS USUAL LUDHIANA, NEW DELHI, JAN 21 YOUR MONEY DEVENDRA PANDEY FIVE PEOPLE were killed after a major fire engulfed the three upper floors of a newlyconstructed six-storey building inside one of the campuses of Serum Institute of India (SII), whichisakeyplayerintheglobal supplies of vaccines against the novel coronavirus disease. SII CEO Adar Poonawalla told The Indian Express that the fire had caused “lots of damage”. Poonawalla, who is currently abroad, had earlier said the fire had not impacted the production of Covishield, the OxfordAstraZeneca Covid-19 vaccine CONTINUED ON PAGE 2 MORE REPORTS PAGE 8 CONTINUED ON PAGE 2 Pause or repeal: Govt Migrant worker from UP may have to go back raised alarm, among dead to SC or Parliament ANURADHA MASCARENHAS & CHANDAN HAYGUNDE PUNE, JANUARY 21 BIPIN SAROJ, who was working on the fourth floor, was among the first to notice the fire. “Bhaago,aaglagihai(Run,thereis a fire), we heard him shout. We ranouttosaveourlives.Later,we realised that Bipin himself could not make it,” said Sudhanshu, oneof thesurvivorsinThursday's fire at Serum Institute of India's campus in Pune. Saroj, a migrant worker from UP, was among the five who died in the blaze. The other four have been identified as Rama Shankar from UP, Sushil Kumar Pandey from Bihar, and Mahendra Ingle and Pratik Pashte, both residents of Pune district. CONTINUED ON PAGE 2 APURVA VISHWANATH & LIZ MATHEW NEW DELHI, JANUARY 21 AS FARMERS reject the government’s proposal to keep the three contentious farm laws in abeyance for 18 months, experts have raised questions over the legislative options the Government has going forward. The laws, passed by Parliament in September last year, were notified in the official gazette on September 27 after PresidentRamNathKovindgave his assent. While Parliament can repealthelaw, there is no vocabulary in the Constitution or Parliamentary procedure for keeping a law in abeyance. SpeakingtoTheIndianExpress, CONTINUED ON PAGE 2 R 100% makes you hair your air healthy an strong and trong HERBAL PURE & NATUR AL onﬁdent... to look beautiful & conﬁdent... 9 BENEFITS TO USE v Reduces hair fall v Relief from itchy scalp v Remedy for split ends MRP ` 140/-* v For strong and healthy hair v Helps to prevent thinning of hair v Revitalizes dormant hair follicles v Moisturizes hair & strengthens roots v Anti dandruff & Anti fungal properties v Calms the mind & helps in sound sleep 21 Highly puriﬁed Indian herbs extract * Inclusive of all taxes CONTINUED ON PAGE 7 Farmers draw hard line, reject Centre’s offer to stay laws US, vaccines, ● recovery For cricket stars, new test: 2 km in 8.30 mins CITING THE “growing physical demands of international cricket”, the Indian cricket board hasintroducedmandatory2-km timetrialstomeasurespeedand endurance levels in its training programme for top players, The Indian Express has learnt. It will now be mandatory for the BCCI's contracted players and those vying for a placeinthe Indian team to clear this trial, apart from the yo-yo test, to be picked in the squad. “The Board felt that the MEETING WITH GOVT TODAY 130 ml (100 ml + 30 ml Free) Distributor contact : Delhi - Raj Ayurmed Bhagirath Palace +91 92108 01700, 80764 36657 | ASM : +91 99688 86667 For more information, please contact : +91 97792 14455, +91 73199 35154 (Whatsapp) / email@example.com
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