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A matter of great concern for India since Independence has been the future of Burma, a country with which it shares land and maritime boundaries. Three years before Independence, India’s ambassador-historian Sardar K M Panikkar had underlined the strategic significance of Burma in the following words: “The defence of Burma is, in fact, the defence of India and it is India’s primary concern, no less than Burma’s, to see that its frontiers remain inviolate. In fact, no responsibility should be considered too heavy for India when it comes to the question of defending Burma.”
In the early years of Independence, Jawaharlal Nehru played a significant role in bolstering Burma politically and militarily. In fact, like Indonesia, Burma and its leadership were very close to New Delhi. Professor Werner Levi, the distinguished political scientist, even remarked that Burma was India’s satellite.
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MADRID (Reuters) - Spanish gas grid operator Enagas said on Tuesday its net profit is likely to fall 14% in 2021 from the previous year, mainly due to new regulations which forced lower fees in Spain.
The company said its net profit is likely to end the year at 380 million euros ($458.17 million) down from 444 million euros in 2020 after net profit in the first quarter fell 22% from a year earlier to 93 million euros.
Revenue in the first quarter fell 15% to 241 million euros.
The company said profit at its foreign units, which rose to 48.8 million euros in the first quarter from 35 million euros a year earlier, partly offset the negative effect of the regulatory changes in Spain.
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