The editorial Page: india’s time will come. For now, it is a middle power in a bi-multipolar world 12 FrIDaY, NOvEmBEr 6, 2026 Journalism of Courage NEw DELhI, LATE CITY, 34 PAgES ₹7.00 (₹8 RAIPuR, ₹15 SRINAgAR) l www.indianexpress.com DA I LY f R O M : A h M E DA B A D , C h A N D I gA R h , D E L h I , j A I P u R , kO L k ATA , L u C k N O w , M u M B A I , N Ag P u R , PAT N A , P u N E , VA D O DA R A ExprEss intErviEw ‘Whatever policy we formulate, we must trust business, industry and taxpayer. That will remain our charter’ P 14 Looking at forming a committee to revisit UGC equity rules: Govt to Supreme Court Opposed by general category groups, OBC and Dalit sections, regulations stayed in Jan ananthakrishnan G New Delhi, November 5 Happening today lDelhi hC is expected to hear a plea by lawyers seeking action against ACP Manasvi Vashishta. The CenTRe told the Supreme Court Thursday thatit is planning to put in place a committee to reconsider the University grants Commission (Promotionofequityinhigher education Institutions) Regulations, 2026, which were stayed by the court earlier this year after petitions questioned neutrality of the rules. “The government is contemplating appointing a committee,” Solicitor general Tushar Mehta told a three-judge benchcomprisingChiefJustice of India Surya kant, Justice Joymalya Bagchi and Justice V Mohana. Mehta said this after the benchaskedthegovernmentto consider taking a relook at the provisions. “why don’t you revisit these regulations so that the next generation is taken ExpLAinEd Ahead of uP, Punjab polls The Centre’s declaration that it may ask a committee to revisit the UGC equity rules is significant because the regulations impact voter bases in key states. In UP and Punjab, where Assembly polls are due early next year, there are significant SC and OBC populations alongside politically influential groups of the general category. care of? They should protect the interest of every student,” the CJI said. notified on January 13 this year, the UgC (Promotion of equityin higher education Institutions) Regulations, 2026, snowballedintoapoliticalissue after drawing objections from both general category groups and sections of dalit and OBC communities. In the eye of the storm is regulation3(1)(c)whichdefines caste-based discrimination as discrimination on the basis of caste or tribe against members of the Scheduled Castes, »ContinueD on PaGe 2 Nearly 3-fold jump in Indians set to invest record $4 bn serious adverse events in foreign stocks, debt in FY27 caused by medical on tHE risE 7% surge over last devices: New data via liberaliseD remittanCe sCheme route l notE: DATA fOR fY27 IS fOR APRIL-AuguST. sourcE: RBI intheIPO,somewillsurelylook to snap up some shares once the company is listed, possibly as soon as in two weeks’ time. why? Because it might ‘pop’. Starved of returns in the do- Working in Delhi slum to mayor office in La: Long journey West of Keralam-born raman mestic stock market — nifty is still down 6% in 2026 despite a 7% surge over the last week — Indiansareincreasinglyinvesting abroad to the tune of »ContinueD on PaGe 2 Economy PAge 17 AI sPendIng Worry: ChIP selloff drAgs globAl sToCks loWer your rigHt to know AN EXPRESS rti APPLICATION ritu sarin l seriousAdverseEvents l Received and reviewed 808 1,122 1,441 1,805 2,021 2,176 New Delhi, November 5 The IndIan Pharmacopoeia Commission (IPC) has, for the firsttime,disclosedthenumber of Serious adverse events (Saes) caused by the use of medical devices in the country since 2020: 9,373, with a nearly three-foldjumpacrosssixyears, from 808 to 2,176 in 2025. Saes are medical events thatmayresultinlife-threatening conditions or prolonged hospitalisation for patients. The Indian Express accessed the data on October 27 follow- 2025 fY27 fY26 fY24 fY25 fY23 fY22 fY21 fY20 0% fY19 0 5% 2024 1,000 2023 1,725 6.8% 6-year data disclosed first time by Indian Pharmacopoeia Commission on CIC order 2022 10% 2021 2,000 2020 13.7% 15% fY18 laST week, artificial intelligence giant anthropic filed documents with the US capital markets regulator, the Securities and exchange Commission (SeC), for its Initial Public Offering (IPO). Interest is skyhigh, with anthropic aiming for a valuation of up to $2 trillion. and while Indians may finditdifficulttodirectlyinvest 3,000 fY17 Mumbai, New Delhi, November 5 l share in total Lrs outflows 318 akash mandal & siddharth upasani l Equity/debt ($ mn) fY16 week, Nifty still down 6% in 2026 ing a part-compliance order issued under the RTI act by a bench of the Central Information Commission (CIC) on September 10. The data (see chart) relates to the volume of Saes “received and reviewed” by the IPC, which is an autonomous Central body that publishes official standards for drugs. The IPC has been providing »ContinueD on PaGe 2 two eCs haD exPresseD ConCern, written to Cab seCy Election Commission reaffirms oversight of IT chief in new order Commission says DG (IT) will report to Senior Deputy EC; that it never implemented July 28 order removing oversight Damini nath New Delhi, November 5 ThRee MOnThS after a change in the work allocation of its officers led two election Commissionerstoexpress concern and raise the matter with CabinetSecretaryTV Somanathan, as reported in TheIndian Express investigation published September 23, the electionCommissionofIndiawednesday issued a new work allocation order which, among other changes, reaffirmed and underlined the layer of oversight over director general (IT) Seema khanna. The oversight layer had been removed by a July 28 order which the eC said was never implemented following a decision on July 30. In the Commission office order issued wednesday, Senior deputy election Commissioner, Pawan kumar Sharma, wasgivenchargeof“IT/ICT”.In the case of khanna, the order said: “She would put up files of The Indian Express investigation published on September 23 insidE hC: PuT bACk nAmes of sIx of goA fAmIly sTruCk off In s.I.r sPeCIAl summAry revIsIon In AnoTher sIx sTATes, uTs above-mentioned functional divisions through Sr. deC (PkS).” In the July 28 work allocation order, the subjects of IT and ICT were removed from the work allocation of thendeC Sanjay kumar and mentioned only against khanna’s name, thereby making it clear that she would have reported Thiruvananthapuram, November 5 On TUeSday, as counting in los angeles’s high-profile mayoralracegotunderway,the LATimescapturedthemoodof quietoptimisminthespeechof Indian-american nithya Raman. a democrat, Raman was contesting the high-stakes race against incumbent karen Bass, also a democrat, and the newspaper described her as jubilant. “I’mhopeful.I’mveryhopeful,” Raman told a raucous crowd fuelled by tequila and chickentenders.“I’malsoreally superstitious. So we’re all just goingtobecool,Ok?Verycool.” By wednesday, as vote counting continued, the 45year-old Thrissur-born Raman had widened her lead over tHE worLd »ContinueD on PaGe 2 24-hr deadline for production before magistrate starts with detention: SC amaal sheikh New Delhi, November 5 hOldIng ThaT any attempt to draw an artificial distinction between‘arrest’and‘detention’ would dilute or negate the fundamental protection guaranteed by the Constitution under clause (2) of article 22, the Supreme Court Thursday ruled that the 24-hour deadline for producing a person before a magistrate begins from the time of detention, and not formal arrest The bench, comprisingJustice Ujjal Bhuyan and Justice atul S Chandurkar, said, “The 24-hour timeline as mandated under Clause (2) of article 22 of theConstitutionofIndiawould commence from the date and time of detention of the person detained when his liberty stands curtailed and not from Nithya Raman with her family after voting in Los Angeles. AP shaju Philip PAge 8 business as usual By EP UNNY Bass, securing 51.67 per cent of the votes counted against the incumbent’s 48.33 per cent. however, with about 67 per cent of the expected vote counted,the raceremainedtoo close to call. her victory, when »ContinueD on PaGe 2 PAge 21 rePublICAns CAll for TrumP To ChAnge Course fAsT dAy AfTer rouT, TrumP defleCTs blAme New Delhi the time of his formal arrest.” article 22 guarantees protection against arrest and detention and requires that such a person be produced before a magistrate within 24 hours. It bars detention beyond that period without a magistrate’s approval. The top court’s judgment came during the hearing of appeals filed by accused booked »ContinueD on PaGe 2