HT WKND: India, Australia pledge to raise trade to $100bn

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Sunday, March 12, 2023

India is in talks with Australia on critical minerals which can be used in batteries for electric vehicles (EVs), commerce and industry minister Piyush Goyal said on Saturday.

He said that India has a scarcity of critical minerals, which goes into battery making and Australia has huge reserves which they do not process and manufacture.

     

THE DAILY QUIZ

Pathaan released late January. By March 3, 39 days into its run, it had made Rs 648 crore, becoming the highest grossing Indian film ever made. The record was previously held by a 2017 film, a part 2. Its name?

a. Lagaan
b. Baahubali 2
c.Dil Toh Pagal Hai
d. Hum Saath Saath Hain

TAKE THE FULL QUIZ

THE BIG STORY

India, Australia pledge to raise trade to $100bn

India and Australia aim to take their bilateral trade to $100 billion in the next five years through a deal that will target new areas such as critical minerals, mobility, education, sports, space and defence being opened up to each other, the trade ministers of the two countries said on Saturday, hopeful of inking the pact by the end of 2023.

The deal will build on the free trade agreement, known as India-Australia Economic Cooperation and Trade Agreement (ECTA), that came into effect between the two countries last year, slashing away duties on 96% of Indian export and 85% of Australian exports. Read more.

A LITTLE LIGHT READING

The hidden agenda: A masked trail from Zorro to Watchmen

There are whispers of a possible reboot of the Zorro franchise, that evergreen tale of a masked bandit who swoops in to save the day.

Zorro made his first appearance in Johnston McCulley’s bestselling 1919 book, The Curse of Capistrano. He was a cinematic hit by 1920, with Douglas Fairbanks starring in The Mark of Zorro.

So many masked-crusader tropes can be traced back to this character. The immense wealth and secret identity (Zorro is really Don Diego de la Vega, the only son of a rich landowner). The costume, an all-black cape and mask. The mission to defend commoners in a corrupt state (in his case, California). Read more.

THE WEEKEND FIX

Scene stealers: Tour the iconic cinemas of a hidden genius, WM Namjoshi

One August afternoon in Delhi, I stopped at the famous Golcha Cinema in Daryaganj. It was 2019, and I had spent the better part of the year travelling. Earlier that year, in January, an unexpected event and a flash of inspiration had drawn me towards our rapidly eroding single-screen cinema heritage, giving rise to the idea of photographing a few old cinemas. These stately old structures were vanishing from the collective consciousness of our country, and while I could not save them from their plight, at least I could photograph a few for posterity.

The manager at Golcha refused to divulge the name of the owner of the cinema, and declined my request to photograph it. But he allowed me into the grand auditorium. It must have been close to 30 years since I had last entered that magnificent Art Deco cinema. I had forgotten about the plush deep-pile carpet, the extraordinary woodwork and glass-mirror sculptures, the beautiful Art Deco motifs on the walls, the sheer scale and size of that massive 1954 cinema. Read more.

ALWAYS AT THE MOVIES BY ANUPAMA CHOPRA

A rebel storms the screen again

Last week, after a 12-year hiatus, Sharmila Tagore returned to the screen with Gulmohar. In the film (now streaming on Disney+ Hotstar), she plays Kusum, the matriarch of an affluent Delhi family. Gulmohar is the name of their two-storey home, which is now being sold.

What is being dismantled is not just a house but a way of life. At the last family gathering before the packers arrive, Kusum announces that she has bought a house in Puducherry and intends to live there by herself. Amid these announcements, friction and old wounds between three generations of Batras resurface. But after much upheaval and strain, they come to understand that family is bigger than bricks and mortar. Read more.

HT This Day: March 12, 1964

Nationalized text-books a menace to education

Mr M. R. Masani (Swa.) made an eloquent plea in the Lok Sabha today for allowing private publishing trade to compete in the production of textbooks. Read more.

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Written and edited by Shahana Yasmin. Produced by Md Shad Hasnain.

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