YK MYK WEATHER TODAY MAX 33 C MIN 20 C CONG IS MAINLY RESPONSIBLE FOR BJP GAINS IN BIHAR ASSEMBLY POLL OPINION Sky will be clear. PAK BANS ONLINE PAYMENTS FOR INDIAN ELECTRONIC MEDIA CONTENT WORLD Morning India Rs. 3 KOLKATA SATURDAY, 14 NOV, 2020 PG-12, YEAR—7, ISSUE—179 (RNI NO: WBENG / 2014 / 56803) AU Bank forays into East India with its branch launch in Kolkata NOTICE The office of ‘Morning India’ will remain closed on account of Diwali on Saturday. There will be no edition of the newspaper on Sunday. The next issue of the newspaper will hit the stands on Monday. We wish our readers, hawkers and staff members a very HAPPY DIWALI AT A GLANCE WITH GLOBAL OIL PRICES RISING, PETROL/DIESEL RATES MAY RISE NEW DELHI: Oil marketing companies seem to have lost the opportunity to provide another bonanza to consumers this festive season by bringing down the pump price of auto fuels -- petrol and diesel. With global oil price witnessing a sharp increase for the last few days in the wake of the rising demand and falling inventories, OMCs may actually increase the price of the two auto fuels in coming days. BUSINESS FM SEEKS SUGGESTIONS FOR ANNUAL BUDGET 2021-22 FROM NOV 15 NEW DELHI: The Union Finance Ministry has decided to launch a microsite on MyGov platform to receive ideas for the annual budget 2021-22 from various stakeholders. The app will go live on November 15, 2020, and will remain open till November 30, 2020 to receive ideas for the budget, the Ministry of Finance said in an official release. Over the years, the Finance Ministry has been holding pre-budget consultations. CORONA METER INDIA TOTAL CASES: 8,730,717 TOTAL DEATH: 128,726 WORLD TOTAL CASES: 53,233,097 TOTAL DEATH: 1,301,818 Models of army tanks and soldiers are used to decorate and also to show their respect to army jawans in a Kali Puja pandal during Kali Puja festival at Salt Lake in Kolkata on Friday . Prabir Bhattacharya Pak violates ceasefire in J&K, lose around 7 soldiers SRINAGAR: Around seven Pakistan Army soldiers were killed and a dozen were injured after Indian Army retaliated to Pakistan's unprovoked ceasefire violation along the Line of Control in Jammu and Kashmir. Indian Army destroyed various enemy positions, terror launch pads and fuel dumps. India too lost three soldiers in the unprovoked ceasefire violation by Pakistan in a bid to push terrorists from their terror launch pads. Top sources said that inputs suggest that six to seven Pakistan Army soldiers, including two SSG Commandos, were killed in retaliatory action while 10 to 12 were injured. Indian Army resorted to heavy shelling and destroyed Pakistan Army bunkers, fuel dumps and launch pads across 200 km of the Line of Control. The Indian Army released videos showing Pakistan Army positions being hit across the Line of Control on Friday. The army said in a statement: "Pakistan initiated unprovoked ceasefire violation along the LoC spread India too lost three soldiers in the unprovoked ceasefire violation by Pakistan in a bid to push terrorists from their terror launch pads. Top sources said that inputs suggest that six to seven Pakistan Army soldiers, including two SSG Commandos, were killed in retaliatory action. across multiple sectors including Dawar, Keran, Uri and Naugam." The force also said that Pakistan used mortars and other weapons. The shelling started at 11 a.m. and ended at 1 p.m. "Pakistan deliberately targeted civilian areas," the Indian Army stated. Three Indian Army soldiers have been killed in action while three others have been injured. The force said that Indian troops retaliated strongly, causing substantial damage to Pakistan Army's infrastructure, resulting in casualties across the LoC. "Several ammunition dumps, FOL dumps and multiple terrorist launch pads have been damaged," the Indian Army said. Pakistan is making all attempts to push terrorists in the Valley amid snowfall in the region. "Hundreds of terrorists are holed up at launch pads across the Line of Control. We have inputs that Pakistan is making deliberate attempts to push them into the Valley," said a source. The source further said that Indian Army had foiled an attempted infiltration bid earlier in the day. Suspicious movement was noticed by the Indian troops at the forward posts along the Line of Control in Keran Sector. "The suspected infiltration bid was foiled by alert troops," the army said. KOLKATA: AU Small Finance Bank, a Scheduled Commercial Bank and one of India's fastest growing retail banks, commenced its operations in Eastern India by launching its first branch in Kolkata today. Debasish Kumar, Mayor In Council, Kolkata Municipal Corporation inaugurated the branch in the city 's main business hub in Central Kolkata in presence of Tamal Mukherjee, Chief Public Prosecutor, Sessions Court, Kolkata and several senior officials of the Bank and others. Speaking on the occasion Kumar congratulated the bank and hoped that many more braches would also be opened here soon. He was informed that over the past few months AU Bank had steadily increased its reach in several states including Karnataka and Uttar Pradesh before coming to West Bengal. With the launch of this branch, AU Bank now has over 710 banking touchpoints in 13 states and 2 union territories. Also Speaking on the occasion, Uttam Tibrewal, Executive Director, AU Bank, said, they had embarked on its journey to Eastern India beginning with Bengal and particularly with Kolkata. 'The city has been the hub of trade and commerce for several decades and this is an important step to become a pan India Bank. AU Bank has a 25-year legacy of being a retail-based and customercentric institution. As a digitally focused bank, we will aim to offer more convenient banking and tailored solutions to the residents of this city.' Later speaking about the all round performance of the Bank, Tibrewal said AU Bank had recorded a heathy 28 per cent growth in Net Profit margin during the second quarter of the current fiscal ending on 30 September despite unprecedented challenges in the Covid situartion. The bank also performed well on all fronts including the deposit growth, liquidity management, asset quality, digital banking, inclusive banking, customer engagement and employee security, he said. The bank has also built a solid Net Worth of over Rs 4,900 Crores during the past three years with a strong Deposit base of about Rs. 27,000 Crores, he said adding the credit portfolio was of around Rs. 30,500 Crores. The bank is listed on both the major exchanges NSE and BSE. In the second quarter of FY ’20-‘21, Tyre Park inaugurated by TMC leader Rajpal Singh and Sarnakamal Saha at Explanade Tam depot on Friday.Tyre Park have a small cafe, music and it will be a little space for people to sit and relax in one of busiest areas of Kolkata. Prabir Bhattacharya Bengal will receive 2707.77 Nitish tenders resignation Recommends dissolution of Bihar Vidhan Sabha ahead of key NDA meet crore as Amphan relief KOLKATA: High Level Committee under Chairmanship of Union Home Minister approves Rs. 4,381.88 crore of additional Central assistance to six States West Bengal, Odisha, Maharashtra, Karnataka, Madhya Pradesh, and Sikkim to get funds for cyclones “Amphan’, and ‘Nisarga’, floods and landslides that occurred during 2020 The High Level Committee (HLC) under the Chairmanship of the Union Home Minister, Shri Amit Shah, has approved additional Central assistance under the National Disaster Response Fund (NDRF) to six States, which were affected by cyclone/ floods/ landslides dur- ing this year. HLC has approved additional Central assistance of Rs 4,381.88 crore to six States from the National Disaster Response Fund (NDRF). For cyclone ‘Amphan’, Rs 2,707.77 crore has been approved for West Bengal and Rs.128.23 crore for Odisha. For cyclone ‘Nisarga’ Rs 268.59 crore has been approved for Maharashtra. For floods and landslides during the SouthWest monsoon, Rs.577.84 crore has been approved for Karnataka, Rs 611.61 crore for Madhya Pradesh, and Rs 87.84 crore for Sikkim. In the aftermath of cyclone ‘Amphan’, the Prime Minister, Shri Narendra Modi had visited the affected States of West Bengal and Odisha on 22nd May 2020. As announced by the Prime Minister, financial assistance of Rs. 1,000 crore to West Bengal and Rs 500 crore to Odisha were released, in advance, on 23rd May 2020 for immediate relief activities in these States. In addition, the Prime Minister had also announced Rs. 2 lakh ex-gratia for the next of kin of the dead and Rs. 50,000 for the injured, which was over and above the ex-gratia provided through the State Disaster Response Fund (SDRF) and the NDRF. PATNA: Decks were cleared on Friday for the formation of a new government in Bihar with Nitish Kumar, who is set to return as the chief minister, handing over to Governor Phagu Chauhan the resignation of his ministry and the recommendation to dissolve the state assembly, officials said. The governor accepted the resignation and asked Kumar to continue as the caretaker chief minister till the new NDA government is sworn in. Earlier, leaders all the four constituents of the NDA Kumars JD(U), BJP, HAM and Vikassheel Insaan Party had met informally at 1, Anney Marg, the Chief CM Nitish Kumar presents his resignation letter to Governor Fagu Chauhan in Patna on Friday. ANI Minister's official residence, where it was decided that all the newly elected NDA MLAs will meet on Sunday and formally elect Kumar as their leader. "The meeting will start at 12:30 pm on Sunday, November 15 where all further decisions will be taken," Kumar had told reporters later. He had also said the current state cabinet will be holding its last meeting in the evening where a decision on the dissolution of the assembly, the tenure of which expires on November 29, will be taken. "These formalities have to be completed before the formation of a new government. The cabinet's recommendations will be forwarded to the governor whose nod will be followed by other steps leading to the formation of a new government," Kumar added. Rahul Gandhi has nervous, uninformed quality: Obama’s memoir ‘A PROMISED LAND’: CONGRESS LEADER IS LIKE A STUDENT WHO IS ‘EAGER TO IMPRESS’ BUT LACKS APTITUDE F ormer Prime Minister Manmohan Singh and Congres leader Rahul Gandhi find a place in the new memoir by former US President Barack Obama. While he calls Manmohan Singh as "having a kind of impassive integrity," he describes Rahul Gandhi as one who is "eager to impress" but "lacked either the aptitude or the passion" to master the subject, according to a review of the book published in the New York Times. "Rahul Gandhi has a nervous, unformed quality about him, as if he were a student who'd done the coursework and was eager to impress the teacher but deep down lacked either the aptitude or the passion to master the subject," says the review quoting Obama. The reviewer, Chimamanda Ngozi Adichie, quotes Obama directly from his book "A Promised Land", that is set for release later this month and touches upon personal and political life including the eight years that he spent at the White House. Adichie says Obama's biographical sketches are masterful in their brevity and insight and humour. "Secretary of Defense Bob Gates and the Indian prime minister Manmohan Singh both come across as having a kind of impassive integrity," Obama said. Incidentally, Obama and his wife Michelle Obama had for their first official state dinner hosted Manmohan Singh and his wife Gursharan Kaur in November 2009. The former US president talks about other leaders too. Russian President Putin is described as "Physically, he was unremarkable." Current President-elect Joe Biden is described as "a decent, honest, loyal man" who "might get prickly if he thought he wasn't given his due -- a quality that might flare up when dealing with a much younger boss." Obama, the review says, also writes about "the handsomeness of men like Charlie Crist and Rahm Emanuel, but not the beauty of women, except for one or two instances, as in the case of Sonia Gandhi," The former President said he had written the memoir for young people. "More than anyone else, I wrote my book for young people-- as an invitation to once again remake the world, and to bring about, through hard work, determination, and a big dose of imagination, an America that finally aligns with all that is best in us," Obama tweeted. Meanwhile, Two Indian Americans have been named to head key teams that will help Joe Biden's administration to hit the ground running as soon as he is sworn-in as president on January 20. Arun Majumdar, the director of the Precourt Institute of Energy at Stanford University is to head the team dealing with the Department of Energy, which also designs, manufacturers and tests nuclear weapons. The team includes University of California Berkely physics pro- fessor Ramamoorthy Ramesh, who is one of the 21 Indian Americans appointed to teams dealing with different departments and agencies. Kiran Ahuja is the head of the team dealing with the federal administration's human resources agency, the federal investigation office for the civil service and the protection of whistleblowers. The agency review teams that are to ensure "a smooth transfer of power," according to the BidenHarris transition organisation. Kamala Harris is to be the vice president. These review teams are separate from the high-powered Covid-19 Advisory Board cochaired by former Surgeon General Vivek Murthy and includes Atul Gawande.