The Great Petroleum Price Robbery Continues

SINCE April this year, price of crude oil that India imports has fallen from 89.44 dollars per barrel to 73.59 dollars per barrel. That is a drop of nearly 18 per cent. It is this oil which is refined and sold in India as petrol, diesel and various other petro-based products.Since 2010, the government has supposedly withdrawn from fixing the retail price of petrol (diesel since 2014) claiming that prices will be determined by the market. That means that it should be determined by international prices.

The Dialectics of Wealth and Poverty

THIS year’s Nobel Prize in economics (the Riksbank Prize to be more precise) has been awarded to three US-based economists for their research into what promotes or hinders the growth of wealth among nations; and they assign a crucial role to institutions, arguing that western institutions like electoral democracy are conducive to growth.

Telangana: CPI(M) Protests at Adani Aerospace Facility For Drone Supply to Israel

THE Communist Party of India (Marxist) staged a protest at the Adani Missiles and Defense Systems building in Pahadi Sharif, Hyderabad on October 21, condemning the supply of Hermes 900 drones by Adani Aerospace to Israel. The protest, organised by the Ranga Reddy district committee, demanded an immediate halt to these exports, calling on the Indian government to end its support for Israel's military actions.

People Unite in Poignant Farewell to Communist Leader Sitaram Yechury

PEOPLE across the world have paid glowing tributes in coming to terms with the heartbreaking news of Comrade Sitaram Yechury’s sudden departure on September 12. Britain, Canada, Italy, Ireland and USA, the overseas outposts of the Communist Party of India (Marxist), devastated by the loss of the general secretary of the CPI(M), shared their grief in scores of public meetings.Ambassadors from China, Cuba, Laos, and Palestine, along with leaders past and present – from Jeremy Corbyn to Rob Griffiths – joined in expressing their condolences.

TN: Madurai Prepares for the 24th Congress of CPI(M) Thousand-member Reception committee Formed

THE 24th Congress of the Communist Party of India (Marxist) will be held from April 2 to 6, 2025, in Madurai, a city that has a unique place in both India's freedom struggle and the history of the Left movement.When the late CPI(M) leader Sitaram Yechury was first elected as general secretary, he visited Madurai, where Party members gave him an enthusiastic welcome.

NPRD Demands Withdrawal of Regressive Amendments

THE National Platform for the Rights of the Disabled (NPRD), in a statement issued on October 23, has lodged its strong protest against the amendments made to the Rights of Persons with Disabilities Rules, making the process of issuance of disability certificates more stringent and cumbersome.

DUJ-NAJ Condemns Increasing Attacks on Journalists

THE National Alliance of Journalists (NAJ) and Delhi Union of Journalists (DUJ), in a statement issued on October 17, have expressed grave concern at the notice by the Press Council of India to independent and critical magazine ‘The Caravan’ regarding the story ‘screams from the army post’.

Remembering Lenin: Electricity, Logic and Science

THIS year is Comrade Lenin's death centenary year. For those who are socialists and communists, the Soviet Union was the hope of founding a new society in which the working people, and not the capitalist or the feudal classes, would own the means of production. For many, the Soviet Union gave hope for a different social order and the possibility of national liberation from the clutches of the colonial rulers.

Kerala: Thumping Victory for SFI in Students' Union elections

THE Students’ Federation of India (SFI) secured a significant victory in the Kannur University college union elections, winning 45 out of the 65 college unions spread across Kasaragod, Kannur and Wayanad districts. In the second phase of the election held in Kannur University, SFI achieved complete victory in all the five departmental centres where the elections were held.SFI also won has a landslide victory in the college union elections in Calicut University. SFI won in 102 out of the 171 colleges where elections were held on an organisational basis.

Indian Civil Society Demands Democratic Financial System, Calls for World Bank/IMF Shutdown

On the 80th anniversary of the Bretton Woods institutions, World Bank and IMF, Indian civil society groups call for creation of a ‘new, democratic, decentralised’ global financial system.Close to 200 individuals and civil society groups have called for the creation of a new democratic and decentralised financial system that prioritises sustainability and equality.Representing a wide range of social movements, campaigns, and grassroots organisations and campaigns, a statement endorsed by close to 200 signatories has demanded the shutdown of the two Bretton Woods institu

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