oppn parties Adani Brings The Opposition Parties Together

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  • Neha Bora was subsequently released and Dipke is to appear before a magistrate today at noon
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  • The Reserve Bank of India is considering further monetary tightening to counter capital outflows and increase the cost of betting against the rupee, according to bankers and analysts cited by Reuters. The measures follow recent rate increases and steps to drain liquidity as pressure on the currency and inflation concerns persist
  • India directed oil marketing companies to stop diverting sugar-based feedstocks for ethanol production in the 2026–27 supply year, according to a new tender issued on Friday. The companies have invited bids for 11 billion litres of ethanol made from alternatives including corn and broken rice, amid concerns about domestic sugar supplies and prices
  • Finance Minister Nirmala Sitharaman said India's trade imbalance with China was growing sharply and attributed the problem partly to restrictions on Indian goods and services entering the Chinese market. China subsequently said it was ready to work with India to address mutual economic and trade concerns; India's trade deficit with China reached $69 billion in the first half of FY2026–27, up 27% year-on-year
  • Indian equity benchmarks extended their recovery on Friday, with the Sensex rising 413.66 points to close at 74,729.27 and the Nifty 50 gaining 148.80 points to settle at 23,146.15. Information technology shares, including Tech Mahindra, Infosys and TCS, helped lift the indices
  • India defeated Zimbabwe by four wickets in the opening women's T20 International in Raipur, taking a 1–0 lead in the three-match series. Deepti Sharma and Niki Prasad combined in an 82-run stand after India's top order collapsed, helping the hosts chase down Zimbabwe's total of 114 for five
  • Indian wrestler Komal won bronze in the women's 59 kg category at the Under-23 World Wrestling Championships in Las Vegas, defeating Kazakhstan's Viktoriia Khusainova 7–2. Fellow Indian Amruta Pujari advanced to the women's 72 kg final after recording two pinfall victories
  • Indian shuttler Jagsher Singh Khangurra secured a bronze medal at the BWF World Junior Badminton Championships in Cairo
  • The Supreme Court of India upheld the Bombay High Court's decision quashing the 2020 write-off of ₹8,415 crore in additional tier-1 bonds issued by Yes Bank (Yes Bank). The court ruled that the bank's administrator lacked the authority to extinguish the bonds under the final reconstruction scheme, strengthening bondholders' claims
  • The Supreme Court issued notices to the Election Commission of India, Delhi Police and opposition leaders, including Rahul Gandhi and Akhilesh Yadav, in separate petitions concerning electoral-roll revision and protests held in Delhi on October 10–12. The court also directed the preservation of CCTV footage linked to allegations of police excesses
  • The Supreme Court ruled that a person converting from Hinduism to Islam cannot automatically claim backward-class reservation benefits in the new religious community solely on the basis of their previous caste status. The judgment upheld the Madras High Court's decision striking down a 2024 Tamil Nadu government order that permitted such certification for specified communities
  • The Election Commission of India ordered a Special Summary Revision of electoral rolls in 14 states and three Union Territories, using January 1, 2027, as the qualifying date for voter eligibility. The draft rolls are scheduled for publication on November 12, claims and objections will be accepted until December 11, and the final rolls are due on January 4, 2027
Delhi HC refuses to ban CJP's Tiranga rally at Central Park in Connaught Place today /////// Police says will control and regulate it /////// NDMC closes the park for the public on Friday and Saturday
oppn parties
Adani Brings The Opposition Parties Together

By Sunil Garodia
First publised on 2023-02-03 06:39:50

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator. Author of Cyber Scams in India, Digital Arrest, The Money Trap and The Human Hack

There has been a positive spin-off for Indian democracy in the troubles being faced by the Adani group and Gautam Adani. It has brought the opposition parties in India together like nothing has in recent past. A meeting was called by Congress chief Mallikarjun Kharge on Thursday to work for Parliament floor coordination between the parties. 20 parties were invited and most chose to attend. Significantly, Sudip Bandopadhyay and Derek O'Brien, representatives of Trinamool Congress (TMC) also attended the meeting, the first time in four years that the TMC has sent its leaders to any such opposition meeting. TMC also decided to send two MPs, one each from the Lok Sabha and the Rajya Sabha, to the joint opposition protest at Gandhi statue in the Parliamentary complex on Monday.

After the meeting, the opposition parties stalled parliamentary proceedings demanding a probe in the Adani controversy either by a joint parliamentary committee or a panel set up by the Supreme Court. Hence, both Houses of Parliament were adjourned for the day without transacting any business. The opposition has also decided to make the Adani issue the sole issue after the Motion of Thanks to the President's address on Monday. They have decided that they will not provide the government an escape route by bringing up other issues and will force it to discuss the Adani issue.

This is a good decision taken by the opposition parties. Although parliamentary proceedings cannot be stalled indefinitely, the Adani controversy is very important and the people have the right to know what went wrong and whether the NDA government is guilty of providing undue favours to the Adani group. The nation also needs to know whether regulators did their work efficiently. Also, there are matters of corporate governance and accounting malpractices that need to be debated on and if necessary, laws need to be amended. These questions need to be raised by the opposition parties in Parliament and the government needs to provide the answers. The opposition parties will have to strike a balance in allowing important house work to go on and yet force the government to address their queries in the Adani group matter. They must stand united on this issue. 

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