Former DEA secretary D Subbarao had told investigators probing the INX Media money laundering and corruption case that “violations” in the deal approving FDI for the company were not brought to the notice of the FIPB, reveal official records. Other senior officials, who were responsible for the Foreign Investment Promotion Board (FIPB) affairs at the time of this deal, had also said in their statements to probe agencies that violation of the Foreign Direct Investment (FDI) rules should have been referred to the RBI rather than being summarily approved. The deal is being probed by the ED and the CBI on charges of alleged money laundering and corruption respectively. Former finance minister P Chidamabram has been arrested by the CBI in this case.
We look at the recent events which are extremely significant. Implications of what is happening within and outside certain nations will haunt those countries and other players for many years.
One has been listening to a jibe at the Modi government that is as lazy as it is ignorant. Why does the government give 5 Kgs of grains to the poor 80 crore when the Indian economy is growing? Has India become more "socialist" under Modi? Here is a detailed analysis.
Swami Dhirendra Shastri called for a meat-free Navratri in Bengal. Parties answered by invoking Shakta tradition. A restricted rite, stripped of its disciplines, has become “culture”, and Bengal uses its first taste of political freedom in decades to flaunt the very decay that helped undo it.
Moscow saw a rare confluence. CIA Director Ratcliffe to warn Putin, Vatican Foreign Minister Gallagher to stop Ukraine war, Indian Foreign Minister with a special message from PM Modi. Meanwhile Russia has destroyed "90% Warehouses" in Ukraine.
