Vizag Steel’s Revival Plan Ignores Core Reform: Mine Access
On January 15, when the rest of Andhra Pradesh celebrated Sankranti, the employees of Vizag Steel stood firmly outside the Visakhapatnam steel plant in protest. They demanded their pending salaries—In fact, since September 2024, their salaries have been inconsistent. But that did not stop employees from working at the steel
Hindenburg Research Shut Down: Inside Story of the Short-Seller that Exposed Adani Group
Why did the US short-seller Hindenburg Research shut shop? Was it on account of real or perceived pressures and apprehensions of doom and despair? Or was it simply because the firm’s founder Nathan (Nate) Anderson and his 11 colleagues just wanted to move on, having achieved what they wanted less
How Adani Enterprises Engineered Tribal Consent for Mining in Protected Hasdeo Forest in Chhattisgarh
For over 11 years, Hasdeo Arand, central India’s largest unfragmented forest and the last surviving pristine forest, has echoed with the cries of resistance and been stained with the blood of those who have dared to stand up for it. On the morning of October 17, 2024, the villagers of
INTERVIEW | ‘Gujarat Model Undesirable, Should Be Replaced by Delhi Model’: Jasmine Shah, AAP leader
On December 15, 2024, Aam Aadmi Party (AAP) leader Jasmine Shah’s book, The Delhi Model: A Bold New Road Map To Building a Developed India, was released ahead of the Delhi Legislative Assembly election scheduled for early 2025. It is an insider’s account of the making of the “Delhi model”
SUM AND SUBSTANCE | India’s Middle Class is the Biggest Loser of 2024
In a year of “yes, no, maybe” both the Reserve Bank and the Finance Ministry now agree that the country has a growth problem. If they had been listening to what consumer goods companies have been saying for a while, they may have reached that conclusion sooner. India’s festive season
Frontline Wrapped: Top Ten Defining Economics Narratives of 2024
As the year comes to a close, Frontline has curated a list of our ten best economics stories of the year. | Photo Credit: By Special Arrangement India saw a flurry of economic activity in 2024, with major events unfolding throughout the year. From the Election Commission of India’s publication
France in Turmoil: Prime Minister Michel Barnier Ousted in No-Confidence Motion Amidst Economic Crisis
When Prime Minister Michel Barnier unveiled his deficit-reduction plan in October, promising to bring down the public deficit from around 6 per cent of gross domestic product (GDP) to 3 per cent in 2029, it was seen as an attempt to steer the French economy into calmer waters. But on
Azure Power Accused of Land Grab for Solar Power Project in Assam | EXPLAINED
In 2019, the descendants of an erstwhile zamindar family entered into an “agreement of sale” for 91 acres of land to Azure Power Forty Pvt Ltd in Mikir Bamuni Grant village in Assam’s Nagaon district to build a solar power plant. The land deal directly affected the livelihoods of at
The Adani-Modi Nexus Faces Its Greatest Test
To contend that the indictment of Gautam Adani, his nephew, and their associates, in the United States has dealt a blow to the ambitions of one of India’s, and the world’s, richest men, would be an understatement. The prominent tycoon, whose proximity to Prime Minister Narendra Modi is the stuff
Adani Group Faces Global Scrutiny While SEBI Stands Silent: What’s at Stake?
In a proverbial “when it rains, it pours” moment, the Adani Group is having a rather disastrous close to the year. French oil major TotalEnergies won’t make any more investments in the Adani Group, saying it was not informed of the US bribery charges against Gautam Adani. Kenya has canceled