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S Jaishankar addresses the importance of strong leadership with News18

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Mumbai: Foreign minister S Jaishankar has emphasized the importance of presenting the ten-year record of the Modi government to the public so to instil confidence among voters and likened this record to an insurance policy, stating that it serves as evidence of Modi’s commitments and achievements.    

In an exclusive interview with News18, S Jaishankar addressed the significance of strong leadership in navigating global challenges, citing the need for experienced leadership in times of tension and conflict worldwide. He noted the growing interest among voters in foreign policy matters, reflecting on his extensive interactions across various states.    

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Responding to queries about managing news flow, Jaishankar explained the structured approach of the ministry, including the establishment of situation and control rooms during crises. He underscored the importance of swift decision-making and adherence to standard operating procedures (SOP’s) in handling emergencies.    

Speaking about his career choices, Jaishankar revealed his initial 
preference for the Indian Foreign Service (IFS) due to his academic background and interest in international affairs. He acknowledged the accessibility and popularity he enjoys among the youth, attributing it to his relaxed demeanor and commitment to public service.

Addressing criticism of government functioning, Jaishankar emphasized 
the inclusive decision-making process under Prime Minister Modi’s leadership. He highlighted the collaborative approach in cabinet meetings and foreign tours, where every voice is heard and valued.    

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Regarding the issue of Muslim reservation raised by Congress, Jaishankar criticized the party’s approach, likening its manifesto to a blend of Muslim League and Maoist ideologies. He asserted the Prime Minister’s stance against reservation based on religion, highlighting the government’s commitment to equality.    

Jaishankar’s remarks drew attention to the ongoing debate over the reservation policy, particularly in Karnataka, where the Congress government has proposed a four per cent quota for Muslims. He emphasized the need for clarity and consistency in addressing social and economic disparities without resorting to divisive measures.

On Rahul Gandhi’s comments about Indian democracy being in danger 
during his overseas visits, Jaishankar expressed disappointment, urging politicians to refrain from airing domestic grievances abroad. He cautioned against inviting external interference in India’s internal affairs, citing historical precedents and emphasizing the importance of maintaining national unity.    

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Addressing Rahul Gandhi’s assertions about Chinese encroachments, 
Jaishankar refuted claims of silence, highlighting historical context and infrastructure developments. He clarified misconceptions surrounding China’s activities in Ladakh and Arunachal Pradesh, citing past instances of border disputes and emphasizing the government’s commitment to border negotiations.

Switching to election dynamics, Jaishankar commented on the possibility of achieving a substantial victory margin. He dismissed opposition skepticism, expressing confidence in voter turnout and the Modi government’s track record. Jaishankar projected optimism for reaching 400 mark electoral milestone, attributing it to public trust and the government’s proactive governance approach.    

Reflecting on international election observation, Jaishankar welcomed foreign interest in India’s electoral processes, affirming positive intentions behind such engagements. He underscored the importance of 
transparent electoral practices and dismissed foreign media criticisms 
as uninformed perspectives.    

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In discussing language preferences, Jaishankar emphasized the natural 
evolution of language usage, particularly in political discourse. He highlighted the BJP government’s emphasis on Hindi, aligning with the linguistic preferences of many leaders and constituents.    

Regarding election turnout and Microsoft’s warnings of potential 
interference, Jaishankar expressed confidence in India’s robust electoral system while acknowledging the challenges posed by advancements in technology.    

Addressing allegations of EVM tampering and border tensions, Jaishankar debunked misconceptions and provided historical context, emphasizing the government’s efforts to strengthen border infrastructure and resolve disputes diplomatically.    

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In response to queries about India’s global standing, Jaishankar highlighted the country’s resilience during the COVID-19 pandemic and its economic growth trajectory. He emphasized India’s role as a civilization power and the need to assert its cultural identity on the world stage.    

Regarding the arrest of Arvind Kejriwal and other contentious issues raised by a newspaper based in England, Jaishankar emphasized the primacy of law and elections. He dismissed suggestions that legal proceedings should be halted during election periods, citing international norms and urging consistency in legal enforcement.    

On the topic of intruder killings, Jaishankar offered a blunt 
assessment of Pakistan’s role in fostering terrorism. He suggested that individuals engaging in illicit activities should face consequences, regardless of their location, underscoring the need for accountability.

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Shifting the conversation to lighter topics and when inquired about Jaishankar’s holiday plans. Jaishankar, downplayed the notion of vacations under Modi’s governance, emphasizing his dedication to duty.

Pointing to his previous visit to Kashmir, he expressed interest in exploring Tawang, Arunachal Pradesh, citing its burgeoning tourism industry and historical significance.    

Jaishankar expressed optimism about the upcoming elections, citing faith in the Modi government’s track record and commitment to fulfilling promises. He underscored the importance of presenting a strong and stable government to address the aspirations of the Indian populace. 
 

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News Broadcasting

Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore

PAT improves to Rs 306.6 crore, margins steady amid cost pressures.

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MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.

Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.

However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.

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Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.

At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.

On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.

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Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.

The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.

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