OPINION, P2 RINGSIDE VIEW Scepter and crown, must tumble down POCH PRESSURE VOL .XX NO. 2 SUNDAY, NOVEMBER 8, 2020, 26 Pages, `10 (Patna `11, Raipur `10) B E N G A L U R U , JOSEPH R BIDEN Jr has been elected president of the United States, defeating President Trump bypromising to restore civility and stability to American politics and vowing more aggressively to combat the surgingcoronaviruspandemic. Biden,77,onJanuary20will becomethe46thpresidentand the oldest man eversworn into the office. On Saturday, four days after Election Day, he securedtherequisite270votes from the Electoral College. The election,far closer than manyexpertshadpredicted,was history-making:Biden’srunning mate,Senator Kamala Harris of California,isthefirstwoman,and the first woman of colour, on a winningpresidentialticket. Biden’s triumph concluded an extraordinary election that was expected to set modern records for turnout, despite being held amid a pandemic thathasupendedlifeacrossthe United States and brought a new level of complexity to the voting process. Voters faced concerns about public health, long lines at the polls, and the vexing challenges of a transformed election system while rendering averdict onTrump’s chaotic and norm-breaking ■ PAGES 4,7 Read how we can find the joy of the festival in the alternatives of these times, be it cooking at home or shopping online ■ PAGE 5 Read about the folklores associated with the five days of Diwali and its many meanings in different parts of the country ■ PAGE 6 And a gifting guide that is for the needy and by the needy PAGES 4-10 K O C H I , K O L K A T A , L U C K N O W , M U M B A I , N E W D E L H I , P U N E Kamala Harris makes history KAMALA HARRIS, a senator Joe Biden speaks about election results in Wilmington presidency.Inkeybattleground states, it took several days to process and count the flood of ballots sent through the mail. In the end,the race was not the landslide many Democrats had hoped for.And the partisan wranglingisnotover:theTrump campaign and Republican lawyers have already begun a wide-ranging legal assault to challenge Democraticvotes and victories in swing states.Apillar of Washington who was first electedamidtheWatergatescandal,andwhopreferspoliticalconsensus over combat,Biden will lead a nation and a Democratic Partythathavebecomefarmore ideologicalsincehisarrivalinthe capitalin1973. Continued on Page 11 TRUMP’S LEGALBATTLE P16 WHITE HOUSE CHIEF OF STAFFTESTS COVID +VE P17 REUTERS THIS ELECTION IS FAR FROM OVER: TRUMP PRESIDENT DONALD TRUMP said on Saturday his campaign would begin challenging US election results in court next week after media outlets called the race for Democrat Joe Biden, saying “thiselectionisfarfromover.” “We all know why Joe Biden is rushing to falsely Future moves Delhi HC against SIAC stay ROHNIT PHORE KISHORE BIYANI led-Future Retail Ltd (FLR) on Saturday said it has approached the DelhiHighCourtseekingrelief against an arbitration order passed by the Singapore InternationalArbitration Centre (SIAC) with regard to `24,713-crore deal with Reliance Industries. The Future group firm has contended that Amazon is QuickPicks Yashvardhan Kumar Sinha appointed as new CIC pose as the winner, and why his media allies are trying so hard to help him: they don’t wantthetruthtobeexposed,” he said in a statement.“The simple fact is this election is farfrom over.” Trump has repeatedly made unfounded claims of fraud in the election. —NYT from California and former presidential candidate, made historyas shewas electedvicepresident of the United States. Her victory represents a handful of firsts: Shewill be the first woman, the first Black woman,thefirstIndian-Americanwomanandthefirstdaughterofimmigrantstobeswornin asvice-president.Italsomarksa milestone for a nation in upheaval,grapplingwith a long history of racial injustice. Over thecourseofhercampaign,Harrishasfacedbothracistandsexist attacks from conservatives, includingPresidentTrump,who have refused to pronounce her name correctly. Continued on Page 11 '' don’t bother for scars any more. “misusing” the interim order passed by an emergency arbitrator of the Singapore International Arbitration Centre (SIAC) on October 25. The SIAC had passed an interim award in favour of Amazon barring FRL from taking “any step to dispose of or encumber its assets or issuing any securities” to secure any funding from a restricted party. '' To get blemish free skin use Continued on Page 11 NO SCARS. It helps to reduce and remove, scars and marks. BIHAR EXIT POLLS Edge for RJD-led alliance YASHVARDHAN KUMAR Sinha was appointed as the chief information commissioner (CIC) on Saturday, according to a Rashtrapati Bhavan statement, reports PTI. President Ram Nath Kovind administered the oath of office to Sinha as the chief information commissioner in the Central Information Commission at a ceremony held at Rashtrapati Bhavan, it said. PAGE 3 NewDelhi:Severalexitpollson Saturday gave the RJD-led opposition alliance in Bihar an edge over the ruling NDAwhile at least three of them predicted a clear majority for the Mahagathbandhan which has projected Tejashwi Yadav as its CM face. Most exit polls also predicted RJD to again emerge as the single largest party in the 243-member assembly and a clear dip in the tally of Nitish Kumar-led JD(U). Today's Chanakya-CNN News18 projected 180 seats forthe RJD-led alliance, 55 for NDA and eight for others.India Today-Axis My India poll showed the RJD-led Clix deal: LVB finding mutually acceptable framework CASH-STARVED LAKSHMI Vilas Bank (LVB) on Saturday said that despite logistical challenges arising due to the Covid-19 situation, the bank has made significant progress with Clix group for the proposed amalgamation of Clix Capital Service and Clix Finance India into the bank, reports FE Bureau. There was minor incremental due diligence requested by Clix Group, which was completed this week, LVB said. PAGE 3 Need for more payments entities and banks, says CEA ❝ CHIEF ECONOMIC ADVISOR H Y D E R A B A D , RIL DEAL PRESS TRUST OF INDIA New Delhi, November 7 (CEA) Krishnamurthy V Subramanian on Saturday pitched for the entry of more banks in the financial system READ TO LEAD THE NEW YORK TIMES WILMINGTON, November 7 THIS DIWALI IS NOT JUST A FESTIVAL TO CELEBRATE. IT IS ALSO A TIME TO TAKE STOCK OF OUR LIVES AMID A RAGING PANDEMIC AND LOOK TO THE FUTURE WITH RENEWED HOPE. READ ABOUT HOW FESTIVITIES ARE RECAST IN THE MOULD OF A NEW NORMAL, IN THE STORIES OF PEOPLE ACROSS AGES AND SECTIONS OF SOCIETY PAGES 8-9 FE BUREAU New Delhi, November 7 C H E N N A I , Even amid a damp sale season, gold’s allure refuses to diminish Page 10 BIDEN BEATS TRUMP DIFFERENCE ODD & EVEN C H A N D I G A R H , IT'SALL YELLOW ● SURPASSES 270 ELECTORAL VOTES, IS PRESIDENT-ELECT; HARRIS FIRST WOMAN V-P WHAT'S INSIDE WITH A Investment demands from corporates sometime away, says State Bank of India chief Page 3 Follow us on Twitter & Facebook. App available on App Store & Play Store WWW.FINANCIALEXPRESS.COM FINANCIAL EXPRESS ON SUNDAY NEW DELHI F R O M : A H M E D A B A D , SBI chairman Mauricio Pochettino can force players to perform or perish, irrespective of their star status Page 2 ACROSS THE AISLE , P CHIDAMBARAM P U B L I S H E D NEWS Returning to highgrowth trajectory gets priority over fiscal balance. Even in past, rating downgrade didn’t quite impact India’s financial system to ensure greater competition as well as credit penetration. There is also space for more payment services entities like Google Pay and WhatsApp blockwinning139-161seats,as against 69-91 for NDA, 3-5 seatsforLJP.TheABP-CVoterexit poll predicted NDA to get 104128seatsand108-131seatsfor the grand alliance. It projected ChiragPaswan-ledLJPtoget1-3 seats. Times Now-CVoter projected 116 seats for NDA, 120 for the opposition and a single seat forthe LJP.RepublicTV-Jan Ki Baat exit poll also gave clear majority to RJD-led alliance with128seats,and104seatsfor NDA,sevenseatsforLJPandfour forothers.TV9BharatvarshprojectedNDAtowin115seats,the grand alliance 120 and four each forLJPand others. —PTI FUND INFLOW 100r% ue P rian a Veget ap So Biocon Biologics gets `1k cr from Goldman Sachs PRESS TRUST OF INDIA New Delhi, November 7 Pay, he suggested at the India Express Group’s Idea Exchange programme. 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