Rajiv Kumar hits backs at Subramanian for criticising Aatmanirbhar Bharat

NITI Aayog Vice-Chairman Rajiv Kumar on Wednesday hit back at former chief economic advisor (CEA) Arvind Subramanian for criticising the government’s Aatmanirbhar Bharat initiative, saying it effectively started during Subramanian’s tenure as CEA.

Subramanian, in a research paper co-authored with Pennsylvania State University professor Shoumitro Chatterjee, has said India should resist the misleading allure of domestic market and zealously boost exports.

“Very surprised to read @arvindsubraman’s co-authored piece this morning criticising #AtmanirbharBharat. It effectively started during his tenure as chief economic advisor which as he writes saw the highest increase in import tariffs in 2018 to nearly 18 per cent,” Kumar said.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

Read More

Den Networks Q2 consolidated net profit declines 61.4% to Rs 36 cr

Cable and provider on Wednesday reported a 61.41 per cent decline in its consolidated net profit to Rs 36.77 crore in the second quarter ended September 30.

The company had reported a net profit of Rs 95.30 crore in the September 2019 quarter, said in a regulatory filing.

Its total income stood at Rs 378.81 crore, up 1.06 per cent during the quarter as against Rs 374.82 crore a year ago.

Den Networks’ total expenses were at Rs 338 crore as against Rs 365.27 crore, down 7.46 per cent.

Its revenue from cable distribution network was Rs 318.82 crore and from broadband services, Rs 18.84 crore.

Shares of Ltd on Wednesday settled at Rs 85.75 on the BSE, down 3.43 per cent from the previous close.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you

Read More

Amanaci, The Jaguar That Symbolizes Environmental Destruction In Brazil Wetlands

Amanaci used to roam freely around Brazil’s Pantanal region until an outbreak of fires in this paradise of biodiversity left the jaguar with scorched paws.

She was found two months ago sheltering in a chicken coop in Pocone in the central-western state of Mato Grosso, trying to flee the fires.

Since then Amanaci has become a symbol of the destruction of the planet’s largest tropical wetland caused by fires.

Suffering from third degree burns to her paws, she is now being treated with stem cells at the Nex Institute, an animal preservation NGO, some 1,000 kilometers from her natural habitat.

Jaguar Amanaci suffered third degree burns from the Pantanal fires and may never be able to be released into the wild again

“Amanaci’s case really touched us. The injuries are horrible, she was left with exposed bones,” Cristina Gianni, who founded the Nex Institute, told AFP.

On Sunday, the institute’s vets took the sedated jaguar out of her cage and put her on a stretcher. They placed a mask over her eyes and removed her bandages to clean and treat her injuries, in which her flesh remains exposed.

“We started applying stem cells to stimulate the

Read More