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Scholars question EPW Trust decisions on article on Adani, action against editor

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Scholars question EPW Trust decisions on article on Adani, action against editor

[vc_row][vc_column][vc_column_text]More than 150 members of the academic community and contributors to the EPW have written an open letter to the directors of Sameeksha Trust, which brings out the journal Economic and Political Weekly (EPW), questioning their decision to remove an article on the Adani Group from the EPW website and impose restrictions on the editor. They have asked the trustees to make an effort to engage with the larger community on recent events and restore the independent nature of the journal, questioning their decision to cow down to corporate pressure.

On July 18, Economic and Political Weekly (EPW) editor Paranjoy Guha Thakurta resigned from his position after directors of the Sameeksha Trust ordered that he take down an article on the Adani Group. The Adani Group had written to the board and Guha Thakurta saying that the article was defamatory and threatened to take them to court.

Guha Thakurta has said that, in addition to asking that the article be taken down, the board told him he could no longer publish articles with his by-line in the journal and would have to work with a co-editor in the future.

The board members, in their statement, have not denied this or questioned the factual nature of the original articles. They said instead that Guha Thakurta had “exceeded his brief” by responding to the Adani Group’s letter on his own and initiating legal process on behalf of the Sameeksha Trust “without informing, let alone obtaining approval of, the Trust”.

The Sameeksha Trust’s actions upset the wider community of scholars who have been part of the ‘EPW community’ as readers and writers. Their letter to Sameeksha Trust directors and the list of signatories is reproduced below:

Open letter to the board members of the Sameeksha Trust

As long-standing well-wishers and members of the intellectual community served by the EPW, we are appalled and dismayed by the recent events leading to the abrupt resignation of the editor, Paranjoy Guha Thakurta.

We are distressed that the board of the Sameeksha Trust has insisted that the editor retract an article published in the journal, and is preparing to introduce new norms for the board-editor relationship and appoint a co-editor. It is obvious that, taken together, these actions (mentioned by the editor in interviews to the press and not denied in the statement issued by the trust) would force any self-respecting editor to resign. By failing to distinguish between internal issues of procedural propriety in the board-editor relationship from the much larger question of the EPW’s public reputation for integrity, the board of the Sameeksha Trust has dealt a strong blow to the journal’s credibility.

Paranjoy Guha Thakurta’s professional reputation has been primarily that of an investigative journalist of several decades standing. His well-known past exposés have delved into the malpractices of large corporations and the frequent complicity of state institutions in such corrupt practices. That such journalism could provoke retaliation by those investigated may be expected. These facts must have been known to the board of trustees of the Sameeksha Trust when they appointed Guha Thakurta as editor just 15 months earlier. It is one thing to wonder if the editor may have erred in initiating legal action on behalf of the Trust without first consulting its board, and quite another to withdraw an already published article from the journal. If the board believes the article to be mistaken in its facts, it must issue a public apology and retraction.  If it is only concerned that due deference was not shown to the board, it must publicly stand by the article. By forcing the editor’s resignation without clarifying its stand on the substance of the article, the board has diminished the institution that it is mandated to nurture.

The fact that a legal notice was sent to the editor and the publishers (Sameeksha Trust) of EPW, for an ongoing investigation on the tweaking of rules that have benefited the Adani Group, is not surprising. Legal notices have unfortunately become the standard means used to intimidate and suppress investigative journalism. When they translate into court cases that can extend over years, they obviously add to costs and further harassment of honest journalists. However, as long as all the published material can be adequately substantiated and verified, there is little reason to fear an adverse result from the judicial process. But publishers MUST stand behind and back their editors on this if the journals are to maintain their independence and credibility.

India is currently living through a dark period in which there are real concerns about freedom and independence of intellectual expression, both for academics and journalists, with significant corporate takeover of major media houses and increasing instances of overt and covert intimidation of independent thinking and debate. In this context, reports of what appears to be a capitulation by the board of trustees of Sameeksha Trust –  removing the “offending” article from the EPW website and trying to impose humiliating terms on the editor – are alarming. The EPW has a long and distinguished tradition of promoting independent and critical thinking that is vital in a democracy. We expect the current trustees to be mindful of our inherited legacy that they hold in trust on behalf of us as scholars, analysts and activists in India and abroad, who have contributed to EPW over long decades. They need to take immediate steps to restore the prestige and credibility of the journal and the Sameeksha Trust. This letter is therefore also asking the Trust, which (regardless of its purely legal status) is in the nature of a body accountable to a larger public, to create channels of communication between the Trust and the EPW community so as to strengthen the autonomy and integrity of EPW.

  1. AR Vasavi, Independent researcher Bangalore
  2. Aabid Firdausi, Kerala University
  3. Abdi Seido, Dire Dawa University, Ethiopia
  4. Abhijit Banerjee, Professor, MIT
  5. Abhijit Sen, Retired Professor, Jawaharlal Nehru University, New Delhi
  6. Aditya Nigam, Professor, Centre for the Study of Developing Societies
  7. Akeel Bilgrami, Sidney Morgenbesser Professor of Philosophy, Columbia University
  8. Alicia Puyana Mutis, Professor, Flacso, Mexico City
  9. Amar Yumnam, Professor, Manipur University, India.
  10. Amita Baviskar, Professor, Institute of Economic Growth
  11. Amiya Kumar Bagchi, Emeritus Professor, Institute of Development Studies, Kolkata
  12. Anamitra Roychowdhury, JNU
  13. Anand Chakravarti, Retired Professor, University of Delhi
  14. Anandhi S., Professor, MIDS Chennai
  15. Andrew Cornford, Geneva Finance Observatory
  16. Anis Chowdhury, Professor, University of Western Sydney
  17. Anupam Mitra
  18. Arindam Sen, Editor, Liberation, Kolkata
  19. Ashish Rajadhyaksha, Independent researcher, Bangalore
  20. Ashok Chowdhury, All India Union of Forest Working People
  21. Ashwini Deshpande, Professor, Delhi School of Economics
  22. Avinash Kumar, Jawaharlal Nehru University, New Delhi
  23. Avnesh Kumar Gupta, World Forum of Economists
  24. Balwinder Singh Tiwana, Punjabi University
  25. Bina Agarwal, Professor, University of Manchester
  26. Bindu Oberoi, Indraprastha College for Women, Delhi University
  27. CP Chandrasekhar, Professor, Jawaharlal Nehru University
  28. Carol Upadhya, NIAS Bangalore
  29. Chandra Dutt, Director, COSTFORD, Kerala
  30. Collins Mtika, Director – Centre for Investigative Journalism – Malawi
  31. Dhruva Narayan, Centre for Social Development
  32. Dia Dacosta, University of Alberta
  33. Dipa Sinha, BR Ambedkar University, Delhi
  34. EAS Sarma, IAS Retd, Hyderabad
  35. Eleuterio Prado, Professor, São Paulo University, Brazil
  36. Farah Naqvi, Writer and activist, Delhi
  37. Geeta Kapur, Art scholar, Delhi
  38. Gita Chadha, University of Mumbai
  39. Gopi Kanta Ghosh, Independent researcher
  40. Hemant Adlakha, Jawaharlal Nehru University
  41. Himanshu, Jawaharlal Nehru University
  42. Itty Abraham, National University of Singapore
  43. J Devika, Centre for Development Studies, Kerala
  44. J George, (Rtd) Independent Researcher, DELHI
  45. Jai Sen, World Social Forum
  46. Janaki Abraham, Delhi School of Economics
  47. Janaki Nair, Jawaharlal Nehru University
  48. Jayati Ghosh, Professor, Jawaharlal Nehru University
  49. Jeemol Unni, University of Ahmedabad
  50. Jesim Pais, Society for Social and Economic Research
  51. Jomo Kwame Sundaram, Malaysia
  52. Joseph MT, University of Mumbai
  53. K Ramakrishnan, Chennai
  54. K Srivatsan, Anveshi Research Centre Hyderabad
  55. Kalpana Kannabiran, Council for Social Development, Hyderabad
  56. Kalyan Shankar Ray, Bhubaneswar
  57. Kannan Srinivasan, New York
  58. Kunibert Raffer, retired Professor, University of Vienna
  59. Kushankur Dey, Xavier University Bhubaneswar
  60. Kuttappan Vijayachandran, Industrial Research Services
  61. Lata Mani, Bangalore
  62. Laurence Cox, National University of Ireland and Fondation des Sciences des Hommes Paris
  63. Lawrence Shute, Prof Emeritus, California State Polytechnic University
  64. Laxmi Murthy, Bengaluru
  65. M Vijayabaskar, Professor, Madras Institute of Development Studies
  66. MS Bhatt, retired Professor, Jamia Millia Islamia
  67. MV Ramana, Professor, University of British Columbia, Canada
  68. Malancha Chakrabarty, Observer Research Foundation
  69. Mandeep Kaur, Dyal Singh College
  70. Mandira Sarma, Jawaharlal Nehru University
  71. Mani Kumar, Independent researcher
  72. Manoranjan Mohanty, retired Professor, Delhi University
  73. Mary E John, Professor, CWDS, New Delhi
  74. Martha Nussbaum, University of Chicago
  75. Matt Meyer, International Peace Research Association
  76. Meyer Brownstone, Professor Emeritus, University of Toronto
  77. Mohammad Konneh
  78. Mritunjoy Mohanty, Professor, IIM, Kolkata
  79. Mustafa Ozer, Anadolu University, Turkey
  80. N Krishnaji, retired, Centre for Development Studies
  81. N Mani, Erode College, Kerala
  82. Nandini Sundar, Professor, University of Delhi
  83. Navnita Behera, IRIIS
  84. Nayanjyoti, Research Scholar, Delhi University
  85. Nirmalangshu Mukherji, Professor, Delhi University
  86. Nivedita Menon, Professor, Jawaharlal Nehru University, New Delhi
  87. Noam Chomsky, Professor, MIT
  88. Oishik Sirkar, Jindal Law University, Sonepat
  89. Padmini Swaminathan, retired Professor, Tata Institute of Social Sciences, Hyderabad
  90. Paris Yeros, Professor, Federal University of Rio de Janeiro, Brazil
  91. Partha Chatterjee, Professor, Columbia University
  92. Partha Ray, IIM Calcutta
  93. Patrick Bond, Professor, University of Witwatersrand, South Africa
  94. Prabhu Mohapatra, University of Delhi
  95. Pradip Kumar Datta, JNU
  96. Pranab Bardhan, University of California Berkeley
  97. Praveen Jha, Professor, JNU
  98. Prem Chowdhry, Historian
  99. Pushpendra, Professor Tata Institute of Social Sciences, Patna
  100. R Nagaraj, IGIDR
  101. R Ramakumar, Professor, Tata Institute of Social Sciences, Mumbai
  102. R Srivatsan, Anveshi Research Centre for Women’s Studies
  103. Radha D’Souza, University of Westminster
  104. Radhika Desai, Professor, University College, Manitoba
  105. Radhika Singha, Professor, Jawaharlal Nehru University
  106. Rajarshi Dasgupta, Journalist, Kolkata
  107. Rajender Singh Negi
  108. Rajni Palriwala, University of Delhi
  109. Rama Melkote, retired Professor, Osmania University
  110. Ramchandra Guha, Bengaluru
  111. Ranjini Mazumdar, Professor, Jawaharlal Nehru University, New Delhi
  112. Ravi K Tripathi, Université Pairs XIII – Sorbonne Paris
  113. Ravi Sundaram, CSDS, Delhi
  114. Rohit Azad, Jawaharlal Nehru University
  115. Rosa Abraham, Institute of Social and Economic Change, Bengaluru
  116. S Parasuraman, Tata Institute of Social Sciences, Mumbai
  117. SV Narayanan, Independent Analyst
  118. Sabyasachi Bhattacharya, Professor Emeritus, JNU
  119. Sakuntala Narasimhan, Independent scholar
  120. Samuel H Daniel, Independent researcher USA
  121. Sanjay Srivastava, Institute of Economic Growth, Delhi
  122. Sashi Kumar, Chairman, Media Development Foundation, Chennai
  123. Satish Deshpande, Professor, Delhi University
  124. Seth Sandrowsky, Sacramento, California
  125. Shambhu Ghatak, Associate Fellow, Inclusive Media for Change
  126. Shipra Nigam, Research Scholar
  127. SK Godwin, SK, IIM Kolkata
  128. Sudeshna Banerji, Jadavpur University
  129. Sudip Chaudhuri, Professor IIM Kolkata
  130. Sumit Mazumdar, Institute of Public Health, Kalyani
  131. Sumit Sarkar, retired Professor, University of Delhi
  132. Sunanda Sen, retired Professor, Jawaharlal Nehru University
  133. Suneetha Achyuta, Coordinator, Anveshi Research Centre for Women’s Studies
  134. Sunil Khilnani, Professor, King’s College London
  135. Sunil Mani, Director, CDS Trivandrum
  136. Surajit C Mukhopadhyay, Seacom Skills University
  137. Sushil Khanna, Professor, IIM, Kolkata
  138. Susie Tharu, Professor Emerita, English and Foreign Languages University Swati Pillai, Watershed Organisation Trust Pune
  139. T M Thomas Isaac, Finance Minister, Government of Kerala
  140. Tanika Sarkar, retired Professor, Jawaharlal Nehru University, New Delhi
  141. Tejaswini Niranjana, Professor, Lingnan University, Hongkong
  142. Uma Chakravarti, retired historian, Delhi University
  143. Uma M Bhrugabanda, EFLU Hyderabad
  144. Uma Maheswari Bhrugubanda, EFL University
  145. V Geetha, Independent scholar, Chennai
  146. Veena Naregal, Institute of Economic Growth, Delhi University
  147. Veena Shatrugna, retired, National Institute of Nutrition Hyderabad
  148. Venkatesh Athreya, Professor of Economics (Retired), Bharathidasan University
  149. Vikas Rawal, Professor, Jawaharlal Nehru University
  150. Vipin Negi, University of Delhi
  151. Vishal Sarin, LP University
  152. Vivan Sundaram, Artist, Delhi
  153. Yılmaz Akyüz, Chief Economist, South Centre (Former director, UNCTAD)
  154. Zoya Hasan, Professor Emerita, Jawaharlal Nehru University

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India News

Gold sales shine bright on Akshaya Tritiya despite soaring prices

Akshaya Tritiya 2025 saw a significant jump in gold and silver sales, with festive sentiment overpowering price concerns as India’s jewellery market adapts to changing consumer behaviour.

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Gold price

Gold and silver purchases witnessed a vibrant start across India on the occasion of Akshaya Tritiya, with festive enthusiasm overcoming the deterrent of high prices. The All India Gem and Jewellery Domestic Council (GJC) has projected a 35% rise in value terms for gold sales compared to last year, even though prices are significantly higher.

Regional footfall and demand trends

Retail activity gained early momentum in southern states, as consumers flocked to jewellery stores in the first half of the day. In contrast, northern regions and Maharashtra are expected to see increased activity later, as extreme heat delayed consumer turnout during morning hours.

Gold prices hovered between ₹99,500 and ₹99,900 per 10 grams in various regions — a sharp 37.6% jump from the previous year’s Akshaya Tritiya rate of ₹72,300. Despite the surge, shoppers re-entered the market, reassured by recent price stabilization.

Changing buyer profiles and strategies

GJC Chairman Rajesh Rokde noted that the tradition of buying gold on Akshaya Tritiya, once dominant in the south, is now gaining traction nationwide. “Even younger consumers aged 25 to 40 are actively buying gold and silver,” he said, emphasizing a growing trend among millennial buyers.

Consumers are purchasing a mix of jewellery, coins, and bullion based on their budget and need. A significant portion of buyers are managing high prices through old gold exchanges — accounting for nearly 50% of all transactions, according to PNG Jewellers Chairman Saurabh Gadgil.

“Volume growth may be marginally down by 8–9%, but in value terms, we’re seeing an increase of 20–25%,” Gadgil explained, underlining the resilience of the jewellery market.

Market adapts with innovation

Studded jewellery is reportedly gaining popularity, especially in urban centers, while lab-grown diamonds are carving a niche among new-age buyers, according to industry executives from GSI India and Aukera.

The All India Jewellers and Goldsmith Federation estimated around 12 tonnes of gold sales, worth approximately ₹12,000 crore, and 400 tonnes of silver, valued at ₹4,000 crore — totalling a massive ₹16,000 crore in expected festive turnover.

Long-term demand remains robust

Despite frequent price hikes over the past three years, India’s gold appetite has remained steady. The country continues to import between 700 and 800 tonnes annually, underscoring its status as the world’s largest gold consumer.

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India News

Bangladesh High Court orders release of Hindu leader Chinmoy Krishna Das on bail

The prosecutor’s killing fueled demands to ban ISKCON, which clarified that Das had been expelled from the organization six months prior.

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In a significant development, a Bangladesh High Court bench, comprising Justices Atoar Rahman and Ali Reza, granted bail to Hindu leader Chinmoy Krishna Das on Wednesday, April 30, 2025, five months after his arrest on charges of disrespecting the national flag.

The court’s decision followed a final hearing on an earlier directive questioning why bail should not be granted, marking a turning point in a case that has stirred tensions and drawn international attention.

Das, a former ISKCON leader and spokesperson for the Sammilito Sanatani Jagaran Jote, a Hindu advocacy group, was detained on November 25, 2024, at Dhaka’s Hazrat Shahjalal International Airport.

The charges stemmed from an October 31, 2024, case filed at Chattogram’s Kotwali police station, accusing Das and 18 others of defaming Bangladesh’s national flag. A Chattogram court rejected his initial bail plea, sending him to jail, a decision that sparked widespread protests among his supporters in Dhaka and beyond.

In Chattogram, demonstrations turned deadly when assistant government prosecutor Saiful Islam Alif was killed hours after Das’ bail denial, escalating the controversy.

The case, unfolding less than three months after a student-led uprising toppled former Prime Minister Sheikh Hasina on August 5, 2024, strained Bangladesh-India relations. Hasina’s flight to India and the subsequent interim government led by Muhammad Yunus intensified scrutiny.

India’s Ministry of External Affairs voiced concern on November 26, 2024, highlighting “multiple attacks on Hindus and minorities” in Bangladesh, including arson, looting, and temple desecration. “It’s unfortunate that a religious leader presenting legitimate demands through peaceful means faces charges while perpetrators of violence remain free,” the MEA stated, urging Bangladesh to protect its minority communities.

Das’ legal team, led by former Deputy Attorney General Apurba Kumar Bhattacharya and 11 Supreme Court lawyers, argued the flag disrespect charge was baseless, asserting the item in question was not a national flag.

“This case lacks legal grounding,” Bhattacharya told reporters in January. Earlier bail attempts, including a plea for an advanced hearing on December 11, 2024, were rebuffed, with the court sticking to a January 2, 2025, date. Associates claimed Das faced obstacles securing legal representation due to intimidation from a “politically motivated lawyers’ group.”

The prosecutor’s killing fueled demands to ban ISKCON, which clarified that Das had been expelled from the organization six months prior.

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She felt worthless when Instagram followers fell, says influencer Misha Agrawal’s sister on her suicide

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The family of social media influencer Misha Agarwal announced her heartbreaking passing on April 24, 2025, just days before her 25th birthday, revealing that she died by suicide. In an emotional statement shared on her Instagram account on April 30, her family disclosed that Misha’s battle with depression, triggered by a decline in her social media following, led to her tragic decision.

Misha, who had built her career around Instagram, was fixated on reaching one million followers, a goal so central to her life that it adorned her phone’s lock screen.

Her family’s statement, accompanied by a video of the lock screen, read, “Our beloved sister poured her heart into Instagram, dreaming of a million followers. When her follower count began to drop, she felt worthless and fell into deep depression, often crying, ‘What will I do if my followers decrease? My career is over.’” Despite their efforts to comfort her, Misha’s despair overwhelmed her.

Her family emphasized Misha’s talents beyond social media, noting her LLB degree and preparation for the PCSJ exam, with aspirations of becoming a judge. “We reminded her that Instagram was just one part of her life, not its entirety,” they shared. “We told her a setback online wouldn’t end her world, but she couldn’t escape the pressure.” The statement highlighted the devastating impact of her fixation on digital validation, culminating in her untimely death.

On April 25, Misha’s family first confirmed her passing in a poignant Instagram post: “With profound sorrow, we share the loss of Misha Agarwal. Thank you for the love you showed her. We are grappling with this immense grief. Please keep her spirit alive in your hearts.”

The tragedy underscores the intense pressures faced by influencers in an era where social media metrics often define self-worth. India’s influencer industry, while thriving, increasingly spotlight mental health challenges, with growing calls for support systems. Misha’s story serves as a somber reminder to prioritize well-being over online validation, leaving her family and fans mourning a vibrant soul gone too soon.

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