Gold Demand In India Falls 18% Jan-March Quarter

Amid inflation and high gold prices, India’s demand for the yellow metal declined sharply in the January-March quarter by 18 per cent to 135.5 tonnes, according to World Gold Council (WGC).

As per the report, the demand for gold was down 26 per cent to 94.2 tonnes on a year-on-year (YoY) basis. Compared to 2021, the demand stood at 165.8 tonnes in the first three months of the year.

Speaking to ANI, Chairman of Bullion and Jewellers’ Association, Yogesh Singhal, said the prices of gold rose due to the Ukraine-Russia war.

On the other hand, the budget of the consumers shrank, he added.

“The consumer demands light jewellery at a price of Rs 50,000 and when the price is at Rs 55,000, they stop coming,” Singhal said.

He further said that when the price falls to around Rs 50,000, only then will the consumers return to the market.

“Earlier, on the occasion of Akshaya Tritiya, the demand used to be much more. Currently, the jewellers’ markets are empty and the reason for that is a rise in the prices of gold,” Singhal said.

Since the outbreak of the COVID-19 pandemic, he said, the jewellers’ market has been impacted. “Until the situation gets better, the market will keep fluctuating,” he added.

If the Ukraine-Russia war ends, the price of gold is expected to fall by a margin of Rs 2,000 to Rs 4,000, added Singhal. (ANI)

Mumbai Narco Unit

Gujarat ATS Seizes Heroin Worth ₹280 Cr

A team of Gujarat ATS and the Indian Coast Guard on Monday intercepted a boat namely ‘Al Hajj’ within 14 nautical miles from IMBL in the coastal waters of India and seized heroin worth Rs 280 crore.

On searching the boat, 56 packets (approx. 56 kilogram) of heroin worth Rs 280 crore was found from the 9 Pakistanis on the boat. Subsequently, a case was registered at ATS PS vide CR No. III – 02/2022 u/s 8(c), 21(c), 23(c), 25 and 29 of the NDPS Act and arrested all the nine Pakistani sailors.

Later, several teams were dispatched to different states of North India to conduct raids. In the preliminary investigation, the names of Raji Haider and Avtar Singh alias Sunny were revealed.

Accordingly, a team of Gujarat ATS, along with the team of NCB Operation, Delhi, conducted a joint operation and accused Raji Haider S/o Amanat Ali Zaidi, resident of 24/5 Jamiyanagar, Okhla Vihar, South Delhi, Imran son of Muhammad Amir, resident of 1414/B Muzaffarnagar South, Uttar Pradesh, Avtar Singh alias Sunny son of Kuldeep Singh, resident of 21/1 Jamiyanagar, Okhla Vihar, South Delhi and Abdul Rab Abdul Khalik Kakad originally residents of Kandahar, Afghanistan, present resident of B/155, Lajpat Nagar, New Delhi were arrested.

A case was registered at NCB Delhi in this regard and further investigation was carried out by NCB Delhi. Moreover, based on the information obtained in the joint interrogation of Raji Haider by Gujarat ATS and NCB, another 50 kg of heroin was seized by NCB Delhi from Jamianagar, Shaheen Bagh along-with cash of Rs 30 lakhs. (ANI)

Manipur 5th accused

Delhi Police Arrests 2 More Accused In Jahangirpuri Violence

Delhi Police’s Crime Branch on Monday arrested two more accused in the Jahangirpuri violence case.

Yunus and Salim have been accused of distributing swords, added the police.

With the arrest of the two, the police have nabbed a total of 33 people, including three juveniles, in the case so far.

Violent clashes broke out in Delhi’s Jahangirpuri on April 16 between two groups during a Hanuman Jayanti procession that left nine people injured, including eight police personnel and a civilian. (ANI)

Champawat In U’khand To Go To Polls On May 31

The Election Commission on Monday announced the schedule for the by-polls in three assembly constituencies in Odisha, Kerala and Uttarakhand.

These constituencies are Brajarajnagar in Odisha, Thrikkakara in Kerala and Champawat in Uttarakhand.
According to the Election Commission, the polling in these seats will be held on May 31 while the counting of votes will take place on June 3.

Uttarakhand Chief Minister Pushkar Singh Dhami, who is not a member of the state Legislative Assembly, is likely to contest the Champawat bye-election.

Bharatiya Janata Party (BJP) MLA Kailash Gehtori had resigned from the Champawat Assembly seat paving the way for Dhami to contest assembly by-polls.

Dhami lost from Khatima constituency in the polls held in February.

Assembly elections were held in Uttarakhand on February 14 to elect 70 members of the Uttarakhand Legislative Assembly. The results were declared on March 10. (ANI)

AICC In-charge Of Punjab Favours Action Against Sidhu

AICC in-charge of Punjab Harish Chaudhary has recommended disciplinary action against former Punjab Congress chief Navjot Singh Sidhu, sources said on Monday.

Chaudhary moved a complaint to the Disciplinary Action Committee against Sidhu and requested to take action against him.

When asked about the complaint, Chaudhary told ANI that the matter is internal to the party.

According to sources, the complaint included Punjab Congress president Raja Warring’s note regarding the activities of his predecessor Navjot Singh Sidhu.

“Having been in-charge of the party’s affairs in Punjab from November until now, it has been my observation that Sidhu continuously criticised the functioning of the Congress government terming it corrupt and hand in glove with the Shrimoni Akali Dal,” the complaint mentioned.

“As the party was fighting the elections, it was inappropriate for Sidhu to set such a precedent. In spite of my repeated advice to Sidhu to avoid such activities, he continued to speak against the government relentlessly,” Chaudhary’s complaint said, as per sources.

Chaudhary said Sidhu’s actions at the assumption of the office ceremony of Raja Warring were also inexcusable.

According to the complaint, Sidhu simply met and wished the incumbent PCC president and hurriedly left the venue, whereas, the entire state leaders attended the function and presented a united face to the Congress party workers.

“President, Sidhu cannot be allowed to portray himself above the party and to set an example for others to breach the party discipline. It is therefore recommended that an explanation must be sought from Shri Sidhu as to why a disciplinary proceeding should not be initiated against,” Chaudhary said in his letter to Congress interim president Sonia Gandhi, as per sources.

Congress leader Amarinder Singh Raja Warring took charge as Punjab Congress president last month. Warring succeeded Navjot Singh Sidhu, who resigned from his post on March 16.

After a poll drubbing in five states recently, Congress interim president Sonia Gandhi had asked its state unit chiefs in Uttar Pradesh, Uttarakhand, Goa, Punjab and Manipur to put down their papers. (ANI)

Afghanistan-Based TTP Poses Threat To Pakistan: UN Report

The United Nations Security Council report has warned that Afghanistan-based Tehrik-e-Taliban Pakistan (TTP) posed a threat to Pakistan.

TTP is focused on a long-term campaign against the Pakistani state with its several thousand fighters in Afghanistan, according to Dawn citing the 13th report of the UNSC Monitoring Team on Afghanistan.

According to the report, TTP constituted the largest component of foreign terrorist fighters in Afghanistan, with their number estimated to be several thousand.

“TTP has arguably benefited the most of all the foreign extremist groups in Afghanistan from the Taliban takeover. It has conducted numerous attacks and operations in Pakistan…” UN report said.

The UN Monitoring Team’s earlier report had focused on the global threat posed by Al-Qaeda, and related groups as well as the one before that had also underlined increasing cross-border attacks by TTP from the Afghan soil as a result of the reunification of the terrorist group in Afghanistan.

Earlier, TTP was responsible for the attack on the Army Public School in Peshawar in which over 150 children were killed.

Separately, quoting information provided by a “Member State,” the Monitoring Team report mentioned the presence of defunct Lashkar-e-Tayyiba (LeT) and Jaish-e-Mohammed Jaish-e-Mohammed (JeM) in Afghanistan. According to the publication, these details were not given in its several previous reports. (ANI)

What Next For Prashant Kishor?

By Naveen Kapoor

Earlier today election strategist Prashant Kishor posted a cryptic tweet on his timeline in which he said, “My quest to be a meaningful participant in democracy and help shape pro-people policy led to a 10yr rollercoaster ride! As I turn the page, time to go to the Real Masters”.

In the same tweet, he also said that the beginning will be from Bihar. Prashant Kishor, popularly known as PK, is currently in Patna and is planning to meet people from all walks of life in Bihar. It is learnt nearly 1,500 people have been drawn from various professions and different walks of life including teachers, lawyers, farmers and traders.

This journey will start from Bihar since Kishor belongs to the state and lived there during the previous tenure of Nitish Kumar. It is understood that such meetings will also be held in other states at a later stage.

People known to him say that his move may not be necessarily seen as a political plunge and in future, he may work in any field and any stream depending on the views and suggestions he gets from people. As his tweet suggests, people have a better understanding of the issues and the path to ‘jan suraj’

His mentioning of the word ‘jan suaraj’ indicates that he will be following Gandhian political philosophy and his focus will be on making people aware.

It will not be a referendum but an initiative to understand from the people whom he meets in the coming days.

Recently his talks with Congress derailed as he declined to join the grand old party after rounds of talks with Gandhis. He also gave a detailed presentation for the party to improve its electoral prospects.

After belting out victories in Bihar, Delhi, Andhra Pradesh, Tamil Nadu, Punjab and the latest in Bengal, PK will be scripting his own model now.

He will be announcing his future course of action in a press conference planned in the coming week. (ANI)

Pak Likely To Face Acute Water Shortage Within 3 Yrs

Of all the crises confronting Pakistan today, water scarcity is the least talked about but most challenging for a country where over 30 million citizens have no access to clean drinking water. In three years, Pakistan will be staring at acute water scarcity, a situation which would leave millions of people and their land gasping for a trickle.

Back in the 1950s, it was a water-abundant country with about 6,000 cubic metres per capita. Today, it is 1,017 cubic metres per capita only. With a very limited storage capacity for annual rainfall, not more than 10 per cent, Pakistan is slated to become the most water-stressed country in South Asia in the next two decades. The International Monetary Fund (IMF) has warned that Pakistan was already the third most water-stressed country in the world.

Besides the crippling inadequacy in developing robust water infrastructure, the most compelling reason for Pakistan becoming a dry country in the near future rests with the civilian and military leadership of the country which invested more in traditional security needs and not on urgent public issues like water. Even water, like other natural resources, was labelled as a security issue and not as an existential issue for the country. This collective leadership failure has put Pakistan in dire straits in terms of water security in the near future.

This monumental water crisis has not happened all of a sudden. It has been gradually building up with water resources getting depleted and its management caught up in corruption and poor policy options and, most important of all, intra-provincial conflict. According to the Pakistan Council of Research in Water Resources, a premium think tank on water issues, the crisis has been building since the 50s–it first reached the “water stress line” in 1990 and the ‘water scarcity line’ in 2005.

Experts cite several reasons for this crisis–the country is located in a semi-arid area where annual rainfall is less than 240 mm. Coupled with changing rain patterns and resulting droughts due to climate change have made matters worse. The effect of climate change is clearly visible on the water quality and supply. Freshwater supplies are becoming salty. Much of the water in Asia comes from glaciers, 303.6 million cubic feet a year but fast eroding glaciers have created a debilitating combination of floods and a decline in water availability in Pakistan rivers. It is feared that by 2025, the total shortfall would equal almost two-thirds of the entire Indus River system’s annual average flow.

An important part of the water supply has been groundwater which is under threat because of fast depleting aquifers like elsewhere in Asia. More than 60 per cent of irrigation, 70 per cent of drinking water and 100 per cent of the industry depend on groundwater. The aquifer in the Indus Basin, considered the lifeline of Pakistan’s economy, is the second most stressed in the world. In most areas, groundwater tables have fallen by up to 100 feet within the last decade or so.

According to a 2022 report from the Pakistan Institute of Development Economics, over 80 per cent of water resources were utilised by four major crops –rice, wheat, sugarcane and cotton–which contribute only 5 per cent to GDP. Though the agriculture sector accounts for one-fifth of GDP and almost half of the country’s employment, it contributes less than 0.1 per cent to total tax revenues, leaving little funds for maintaining the old irrigation system.

The rundown water infrastructure contributes to extensive water wastage. The poor upkeep and development of the irrigation system make it one of the most inefficient in the world with an overall efficiency of 39 per cent. This means, that out of 143 Billion Cubic Meters (BCM) of water available at the canal headwork, only 55 BCM is being used for the farm sector.

The rest (61 per cent or 87 BCM) of water is lost during conveyance through canals, distributaries, minors and watercourses and during application in the field.

Old and unscientific crop choices are causing immense depletion of the available water supply. For example, sugarcane is twice as water-intensive as rice and four times as intensive as wheat. Pakistan’s obsession with being a top-five sugar producer is driving the water crisis.

Another critical factor affecting an equitable distribution of water is the interprovincial and intra-provincial water distribution issues. The Water Apportionment Accord signed into effect on March 21, 1991, is the most significant water legislation

in Pakistan after the Indus Waters Treaty. Based largely on the historical use of waters of the Indus Basin rivers by the provinces, Punjab was allocated 47 per cent, Sindh 42 per cent Khyber Pakhtunkhwa, 8 per cent, and Baluchistan 3 per cent of the water.

But legislation alone is not enough to settle historical tensions between Punjab and Sindh. Last year, the province received 35 per cent (5.38 million acre-feet (MAF) less irrigated water, affecting the cultivation of major crops like red chilli, cotton and rice crops output. These tensions have become acute by declining allotted shares from the river system.

The Indus River System Authority (IRSA) has stated the Punjab province received a mere 29,000 cusecs of water against a demand of 60,000 cusecs while Sindh province received merely 22,000 cusecs of water against a demand of 45,400 cusecs. This situation has arisen because the agreements are silent on apportionment for shortages.

Lesser quantities of water in various months have caused water conflicts between the upstream province of Punjab and the downstream province of Sindh and between Sindh and Balochistan over the years.

The only way out of this crisis is for the civilian and military leadership to give up their futile game of politicking and take up the challenge of addressing the most pressing problem facing Pakistan and its people today. It requires a dramatic change in mindset, one that cares for its people and nation. No amount of guns and bullets can bring back the vanishing sliver of water from Pakistan. (ANI)

Met Gala 2022: How To Watch, Guest List, Host

Often referred to as the ‘Biggest Night of Fashion,’ Met Gala is a fundraising event for the Metropolitan Museum of Art’s Costume Institute in New York.

After several pandemic postponements, this year’s Met Gala will be held on the first Monday of May; just eight months after 2021’s star-studded red carpet which saw stellar looks from the likes of Billie Eilish, Lil Nas X and Kendall Jenner, reports Page Six.

The star-studded event brings together the world’s largest celebrities to celebrate fashion in unique costumes and commemorate the opening of the Costume Institute’s annual fashion exhibition.

Here are the essentials you need to know before the starry event takes place.

When and where is the Met Gala taking place?

Traditionally taking place on the first Monday of May each year, Met Gala 2022 is set to take place on May 2.

The Gala takes place at the Metropolitan Museum of Art in New York City.

Where to watch the Met Gala 2022?

The event will be live-streamed on Vogue’s website as well as its digital platforms on Instagram, Facebook and Twitter, making it easy for all to see the biggest names from movies and fashion in Hollywood. In India, the live stream will start at 3:30 am on Tuesday, May 3.

What is the theme of the Met Gala 2022?

This year’s Met Gala theme is ‘In America: Fashion Anthology,’ celebrating the museum’s next exhibition on May 5. The dress code for the 2022 event is ‘Gilded Glamour and White Tie’, referring to the extravagant era of American fashion in the last decades of the 19th century, when industrialization rapidly widened the wealth gap in the country.

Who are the hosts of the Met Gala 2022?

This year’s event is hosted by the couple of Blake Lively and Ryan Reynolds, with Regina King and Lin-Manuel Miranda as co-hosts.

Tom Ford, Adam Mosseri, and Anna Wintour will serve as the honorary chairs for Met Gala 2022.

The Guest List

Although Vogue generally keeps its guest list in secrecy, Page Six had reported that Megan Thee Stallion will attend the Met Gala 2022 wearing Moschino. Beyond that, Katy Perry is also confirmed as one of the high-profile guests at the event.

While Zendaya might miss out on the fashion gala, Rihanna, Kim Kardashian, Beyonce, Lady Gaga and Taylor Swift have all attended the event multiple times; hence plenty of other major names are also expected. (ANI)

Hema Celebrates 42nd Anniv With Dharmendra

Dharmendra and Hema Malini, one of Bollywood’s most iconic couples, are celebrating their 42nd marriage anniversary today.

Married in 1980, the couple has stood strong, hand-in-hand, turning their marriage into one of the most successful celebrity weddings in Bollywood.
Today, on their 42nd anniversary, Hema Malini shared an adorable picture of them together, along with a heartfelt note for her fans.

Expressing her gratitude on Twitter, she captioned her post, “Our wedding anniversary today, I thank God for all these years of happiness, our darling children and grandchildren, our well-wishers everywhere! I feel truly blessed.”

The veteran actor Dharmendra was discharged yesterday from a private hospital in Mumbai where he was admitted last week due to back pain.

Dharmendra was admitted to Mumbai’s Breach Candy Hospital earlier this week after he suffered a muscle pull on his back while shooting.

Hema Malini shared an update on Dharmendra’s health saying, “I would like to thank thousands of well wishers who have been enquiring about Dharam ji’s health. Yes, he was in hospital for a few days but he is ok now and thankfully back home. Thank you all once again for your anxious calls and enquiries about his health. God has been kind.” (ANI)