Suspend all trials against Italian marines: UN court to India

Gautam Adani, chairman of multinational conglomerate the Adani Group, has reclaimed the title of the richest person in Asia with a net worth of $111 billion, according to the Bloomberg Billionaires Index. This came after the group's shares rallied up to 14 per cent on Friday.

With this, Adani has overtaken Reliance Industries’ Mukesh Ambani after nearly 5 months. Ambani stands at 12th rank with a net worth of $109 billion. He had overtaken Adani in net worth after his conglomerate's shares crashed following the Hindenburg report last January.

So far in 2024, Adani’s net worth has jumped $26.8 billion while Ambani's wealth has increased by $12.7 billion.

Last week, Adani also expressed his optimism about the future of the group saying that its best days are ahead.

“The road ahead is paved with extraordinary possibilities, and I can promise you that the Adani Group today is stronger than it has ever been," he said.

2023 had been quite challenging for the Adani Group after the Supreme Court ordered a panel to probe the allegations in the Hindenburg report. Adani, who was the third richest person in the world before the report, slipped in the rankings rapidly after the group's shares saw a sell-off.

However, later the Supreme Court ordered the Securities and Exchanges Board of India (Sebi) to conclude its investigation into the Adani Group and said no more probes were needed. Sebi had said that it could not reach an outcome in its probe.

The shares of the Adani Group have rallied after the judgement. In January, Adani had overtaken Ambani after nearly 12 months but later the lead was taken again by Ambani. Now Adani has overtaken Ambani again.

The Bloomberg Billionaires Index showed that currently, Bernard Arnault is currently the richest person in the world with a net worth of $207 billion. He is followed by Elon Musk and Jeff Bezos with total wealth of $203 billion and $199 billion respectively.

As Punjab votes in the last phase of 18th Lok Sabha polls on June 1, former Prime Minister Manmohan Singh in a letter addressed to the voters of the state said that PM Narendra Modi has indulged in most vicious form of hate speeches, which are purely divisive in nature.

"Modi has indulged in most vicious form of hate speeches, which are purely divisive in nature," said Singh in the letter shared by Congress on social media platform X.

Singh in the letter added that 'no PM in past has uttered such hateful, unparliamentary terms to target either a specific section of society or opposition.'

"No PM in past has uttered such hateful, unparliamentary terms to target either a specific section of society or opposition," remarked Manmohan Singh in the letter.

“In the past ten years, the BJP government has left no stone unturned in castigating Punjab, Punjabis and Punjabiyat. 750 farmers, mostly belonging to Punjab, were martyred while incessantly waiting at Delhi borders, for months together. As if the lathis and the rubber bullets were not enough, none less than the Prime Minister verbally assaulted our farmers by calling them "Andolanjeevis" and "Parjeevi" (Parasites) on the floor of the Parliament. Their only demand was the withdrawal of the three farm laws imposed on them without consulting them," said the former Prime Minister.

On economic front:

Manmohan Singh further continuing his attack on Modi-led government said that in the past 10 years, 'the nation's economy has witnessed unimaginable turmoil.'

"The imposition of the demonetisation disaster, a flawed GST, and the painful mismanagement during the COVID pandemic has resulted in a miserable situation, where an expectation of a subpar 6-7 per cent GDP growth has become the new normal. Average GDP Growth under BJP Government has plunged to under 6 per cent, while during Congress-UPA tenure, it was about 8 per cent (New Series)," commented Singh.

"While the Congress-UPA, despite challenges, increased the purchasing power of our people, the misrule of the BJP Government has resulted in depletion of household savings to a historic 47-year low. Rural wages have witnessed a systematic fall, and wage disparity has led to widespread distress," noted Singh in the letter.

On Agniveer scheme:

On Agniveer scheme, Singh said "BJP govt imposed Agniveer scheme; it thinks value of patriotism, service is only 4 years, shows their fake nationalism."

"Those who trained for regular recruitment were woefully betrayed by the outgoing regime. The youth of Punjab, the son of the farmer, who dreams of serving the motherland through the Armed Forces, is now thinking twice about getting recruited only for a 4-year stint. Agniveer Scheme endangers National Security. Congress party has therefore promised to abolish the Agniveer Scheme," added Singh.

Earlier. during campaigning in various parts of the country, PM Modi had accused Singh of saying that Muslims have the first right on the country's resources.Singh said people of India are seeing through all of this. "This narrative of dehumanisation has now reached its peak. It is now our duty to save our beloved nation from these forces of discord," Singh said in the letter.

New Delhi: Acting on a one-month-old notice it sent to the BJP on complaints over Prime Minister Narendra Modi’s provocative and communal remarks, the Election Commission of India on Wednesday directed the saffron party’s star campaigners not to make speeches along 'religious/communal lines' and desist from statements that may 'divide the society'.

Separately, it also asked the Congress' star campaigners not to give 'false impression' of abolishing or selling the Constitution, make speeches that create 'mutual hatred or cause tension' between religious or linguistic communities or 'potentially divisive statements' regarding the socio-economic composition of the armed forces.

The EC’s letters to BJP president JP Nadda and Congress president Mallikarjun Kharge conveying its directions came 27 days after it issued separate notices to them on complaints against Modi, Kharge and Rahul Gandhi. Though the complaints were annexed in the notice that were sent to party chiefs and not the alleged violators, the names of violators were not mentioned.

It also comes ten days before the seven-phased elections are ending on June 1 though the notices were issued a day before the second phase of polls on April 25. While Nadda had responded to the letter on May 13 after seeking two extensions, Kharge submitted his arguments on May 6 after seeking one extension. They were initially given time till April 29.

In its letter to Nadda, the EC said he has not denied the utterances mentioned in the Congress complaint though it 'stoutly defended' the campaign methods and remarks while invoking a 'unilateral drawing of inferences and interpretations' of star campaigners of opponents. It said its star campaigners continued with objectionable utterances even after the April 25 notice.

The latest communication came against the backdrop of complaints by Congress and other parties which referred to Modi’s speech in Banswara as “communal” where he spoke about Congress seeking to redistribute people’s wealth to “infiltrators”, in a veiled reference to Muslims, and that women’s ‘mangalsutras’ will be snatched.

Emphasising that Nadda’s defence was 'not tenable', the EC said, 'directs you as party president to also convey to all star campaigners to not make speeches and statements, which may divide the society. Directs BJP and its star campaigners to refrain from any campaigning methods/utterances along religious/communal lines'.

In its letter to Kharge, the EC said Kharge too has justified Congress star campaigners’ contentious remarks while claiming that the complaint had 'wilfully extracted only specific portions, devoid of context, to mislead the Commission'. Kharge also claimed that the BJP leaders were making 'motivated statements' invoking religious sentiments to attract voters.

The EC, which had taken cognisance of complaints against Kharge and Rahul, said the assertion of Congress’ star campaigners about the BJP attempting to change the Constitution was allegedly instilling fear in the minds of voters about an uncertain future and an attempt to spread anarchy in the country and could be considered as “corrupt practice” under election laws.

While insisting that it cannot accept the Congress arguments and find it untenable, the EC directed Kharge to convey to all star campaigners that they do not make statements which give a 'false impression such as the Constitution of India may be abolished or sold'.

Amid the Congress making a campaign point on the controversial Agniveer scheme, it also directed him to convey to star campaigners that they should not indulge in political propaganda involving the military and not make 'potentially divisive statements' regarding socio-economic composition of defence forces.

Both the party presidents to ensure that star campaigners refrain from making any statement that may “aggravate existing differences or create mutual hatred or cause tension between different castes and communities, religious or linguistic”.

The EC also referred to controversial statements after the April 25 notice by star campaigners from both sides in its letters, referring to complaints and counter complaints.