Adani Group's portfolio companies posted their highest-ever pre-tax profit (EBITDA) of about Rs 90,000 crore in the fiscal year ended March 31 and had a cash balance to cover 21 months of debt servicing, the ports-to-energy conglomerate said on Thursday. The Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) has more than tripled in six years - from Rs 24,870 crore in 2018-19 to Rs 89,806 crore in 2024-25 (April 2024 to March 2025).
India has launched a major offensive codenamed 'Operation Green Hunt' against Maoist rebels in Chhattisgarh on Thursday. The assault 'Green Hunt' was launched against insurgents in Chhattisgarh--the epicentre of violence between Maoist fighters, security forces and pro-government militias since 2005.
To win the war against the Maoist insurgency, the underlying issues of tribal alienation needs to be addressed first, writes Shyam G Menon.
'Every report I filed for Rediff.com on the professor's incarceration, would leave me wondering for days, at the depth of the State's malevolence towards this disabled professor, and his equally deep capacity to tolerate it,' recalls Jyoti Punwani.' 'No country in the world would do what our country was doing to someone so helpless.'
It is necessary to make incremental progress, state by state, rather than aiming for an illusory knock-out punch against the Maoists, write Dr Shanthie Mariet D'Souza and Dr Bibhu Prasad Routray.
8 out of 10 households are planning to cut their tomato consumption if prices stay in the Rs 75-150 kg range over the next three months.
'Sanction serves the salutary object of providing safeguard to the accused from unwarranted prosecution and the agony and trauma of trial, and in the context of the stringent provisions of the UAPA, is an integral facet of due process of law.' If the report to the sanctioning officer for the first five accused in the case lacked the qualities required under the law, then for Professor Saibaba, the sanction came much after his trial had started!
His spine, his heart, his pancreas -- one by one, all his organs have weakened, given the lack of medical treatment in jail, where he is kept in the notorious Anda cell. Continuous pain, frequent fainting spells, urinary problems, have all become part of his life.
'After Father Stan Swamy's death one thing has become very clear, that if you fight for justice in India you will be called a Maoist by the State.'
The government will amend the six-and-a-half-decade old Essential Commodities Act to deregulate food items, including cereals, edible oil, oilseeds, pulses, onion and potato, Finance Minister Nirmala Sitharaman said on Friday. The amendment, besides deregulating production and sale of food products, will provide for no stock limit to be imposed on any produce.
Without making any direct reference to the three new farm reform laws or to the three-month-old agitation by farmers, Modi said there is a need for expanding options for the country's farming community to sell agri produce.
India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
Raising pitch to suspend operation Green Hunt, Naxal sympathiser and Telegu poet Varavara Rao on Sunday dubbed Maoist leader Kishenji's encounter as a "political murder".
Sitharaman also announced Rs 10,000 crore fund to support 2 lakh micro food enterprises for promoting health and wellness, herbal, organic and nutritional products.
India has demanded resumption of export benefits to certain domestic products under GSP, and greater market access for its products from sectors like agriculture, automobile, auto components and engineering. On the other hand, the US wants greater market access for its farm and manufacturing products, dairy items and medical devices, data localisation, and import duties cut on some ICT products.
'A demonstration of the force by the State will wean away a large portion of sympathisers. The hardcore ideologically motivated cadres are not likely to be affected by this, but it will ease the path of the impending operations by lowering the morale of the Naxal rank and file and raising that of the police forces as well as common people.'
On one hand, Operation Greens should help to smoothen volatility in the prices of vegetables, whereas the proposal to enhance and extend minimum support prices to augment farmer incomes, may emerge as an inflation risk.
'Stan's death is the culmination of a series of acts of abominable cruelty on the part of the Indian State.'
After unseasonal rains, supply disruptions and pandemic-induced woes pushed retail inflation well over the Reserve Bank's comfort zone in 2020, the scenario is likely to stay that way at least in the short term as economic recovery slowly gains foothold. For most part of this year, pricier food items pushed the retail inflation, based on Consumer Price Index (CPI), higher in the range of 6.58-7.61 per cent, except for March when the reading was 5.91 per cent. Experts believe retail inflation is likely to average around 6.3 per cent this fiscal and mostly will remain sticky going forward owing to pick-up in demand across sectors.
Meanwhile, a group of college students, donning degree robes and selling 'pakodas' to passers-by in a dig at Prime Minister Narendra Modi's remarks over job creation, were on today whisked away by the police, hours before the PM's rally in Bengaluru.
In the deadliest attack on security forces, Maoists trapped and gunned down 76 security personnel during Operation Green Hunt, an offensive against the Left-wing extremists, on Tuesday morning in the thick forests of Mukrana in Dantewada district of Chattisgarh.
In the deadliest attack on security forces, Maoists trapped and gunned down 76 security personnel during Operation Green Hunt, an offensive against the Left-wing extremists, on Tuesday morning in the thick forests of Mukrana in Dantewada district of Chattisgarh.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
Four policemen were injured in an attack by Naxals, who first triggered a landmine blast and then opened fire at them in Sukma district in Bastar region of Chhattisgarh during their 'Bharat Bandh' on Wednesday, police said.
Maoists on Sunday demanded release of eight of their jailed leaders in Chattisgarh and a halt to "Operation Green Hunt" in exchange for freedom of Sukma collector Alex Paul Menon, who was safe, a day afer he was abducted. The Maoists also set an April 25 deadline.
'The government needs to take a leaf from the manual of the Maoists, to be slow and calculated in the way it builds up its response. It is clear that in the hurry to mitigate the menace, some serious compromises have been made.'
Unless the Naxals put a stop to violence, Operation Green Hunt will continue, Union Home Minister P Chidambaram told mediapersons at Kolkata's Writers' Building on Tuesday.
'When Maoists say that a protracted, violent, armed way is the only way to capture power then what is the way out except confronting them as a state,' asks Chhattisgarh DGP Vishwa Ranjan.
In an open letter to the children of Bihar's Aurangabad district, Maoists have apologised for attacking their schools, four months after hundreds of students urged them to stop destroying their educational institutions. After targeting Railway property and police forces, Maoists now have schools on their radar. Maoists in Bihar have attacked nearly half a dozen schools in the last five days.The attacks follow the initiation of Operation Green Hunt against them.
Maoists in a bid to thwart the 'Operation Green Hunt' launched against them damaged two vehicles including one belonging to the police and created road blockades by cutting down trees in Visakha Agency area of Andhra Pradesh on Saturday, police said.
Trinamool Congress chief Mamata Banerjee has said there are no Maoists in West Bengal. Addressing a press conference in Kolkata on Thursday, Banerjee claimed there are about 200 camps of the Communist Party India-Marxist, which have unleashed violence across the state.
'Because of the paucity of force, we have to be extremely creative in your ops. You can't go for an all out war,' says Chhattisgarh DGP Vishwa Ranjan.
Forty personnel from the Central Reserve Police Force, involved in Operation Green Hunt, were killed on Tuesday morning when they walked into a trap laid by Maoists at Dantewada district in Chhattisgarh.The attack took place when a CRPF patrol party was returning from a road opening duty in the Naxalite-infested Mukrana forest in the district, at approximately 6 am. The CRPF patrol party was totally taken aback by the Maoists.
The attacks follow the initiation of Operation Green Hunt against the Naxals by the government.
Sodi Sambo can now have her treatment done in New Delhi. Five days after the 28-year-old tribal woman from Gompad village in Dantewada district was detained by the Chhattisgarh government on suspicious grounds, the Supreme Court on Friday directed the state administration to permit her to travel to New Delhi.
Breaking the long lull in their activities in Andhra Pradesh, Maoists on Monday struck in the tribal areas near Visakhapatanam district and burnt two buses, after forcing the passengers to get down. The attack took place in the wake of the two-day long strike called by Maoists to protest Operation Green Hunt, which began in three states today morning. A group of armed Maoists attacked the two buses at Lankapakala village under G K Veedhi Mandal of Visakhapatanam.
The five young police officers -- Avinash Mohanty of Bijapur, Amresh Kumar Mishra of Dantewada, Rahul Bhagat of Narayanpur, Ajay Yadav of Kanker and Sundarraj P of Bastar -- have engaged more local people into the operations and are reaping rich dividends in steeming the naxal tide.
Centre has already started work on developing a mechanism to ensure states producing any item in excess is able to transport it to other states where there is demand
Costlier vegetables slowly pushed retail inflation, which had remained well within the Reserve Bank's comfortable level of 4 per cent during most part of 2019, peaked to more than three-year high of 5.54 per cent in November.
'We are not talking pennies. The milk business is as large as the automobile industry (about Rs 4 trillion in sales),' points out T N Ninan.
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