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Friday, April 10, 2026
TopicEssar Group’

Topic: Essar Group’

Lakshmi Mittal accuses fellow steel tycoons of hiding funds through sham transactions

Jonathan Browning -
Lakshmi Mittal has been engaged in a year long battle to acquire a $5.9 billion insolvent steelmaker owned by the Ruia's Essar Group.

Essar Steel may not even be bankrupt by the time bidding for it ends

Andy Mukherjee -
If Numetal decides to pay for Essar’s defaults, bidding to resolve the high-profile bankruptcy will be one where the firm isn’t even bankrupt anymore.

On Camera

YourTurn

Opinion

What can be expected from the ongoing talks in Islamabad? Odds of resolution remain slim

Swasti Rao -
The initial ceasefire functioned less as a resolution and more as a pause—an opportunity for both sides to recalibrate, while claiming victory.

Pig politicisation isn’t unique to Delhi’s Tri Nagar. It’s a worldwide anti-Muslim strategy

Tamil Nadu’s elections are fought on delivery—ideology appears only when needed

Economy

India bond yields rise as RBI moves to drain liquidity, lift overnight rates

Bloomberg News -
New Delhi: India’s sovereign bond yields rose after the central bank announced its first step this year to drain cash from the banking system,...

Defence

Army promotes Col Purohit, acquitted in 2008 Malegaon blast case, to Brigadier; to not retire yet

Snehesh Alex Philip -
This means he will serve Indian Army for a minimum of another 2 years as Brigadier, unless he picks up the next rank of Major General.

National Interest

China insulated itself against energy shocks. India is ‘all talk, no walk’

Shekhar Gupta -
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.

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