MUDRA scheme ‘practically worthless’ in promoting businesses: P Chidambaram
NEW DELHI: Senior Congress leader P Chidambaram on Thursday criticised the Centre’s MUDRA loan scheme, saying it was “practically worthless” in promoting businesses. The former finance minister also said he is not surprised that the non-performing asset (NPA) ratio is the highest under the MUDRA loan scheme. “I have long maintained that the MUDRA loan […]
Jaishankar speaking in 1970/80’s language: Chidambaram on RCEP
NEW DELHI: The issue of India not joining the RCEP has heated up with former Finance Minister P. Chidambaram attacking Foreign Minister S. Jaishankar and suggesting that Parliament should discuss the issue. Chidambaram expressed his dismay over the speech by Foreign Minister Jaishankar on Monday, where he railed against the trade agreements and praised the […]
Government without a clue on economy, PM ‘unusually’ silent: Chidambaram
NEW DELHI: A day after stepping out of jail on bail, former finance minister P Chidambaram on Thursday tore into the government’s management of economy, accusing it of being “clueless, stubborn and mulish”, adding the economic slowdown in the country is a “man-made catastrophe”. Alleging that Prime Minister Narendra Modi has been “unusually silent” on […]
Supreme Court grants bail to P Chidambaram in INX Media money laundering case
NEW DELHI: The Supreme Court on Wednesday granted bail to Congress leader P Chidambaram in a money laundering case related to INX Media and directed that he could not leave the country without its prior permission nor speak to the media. Chidambaram, who has been in custody for 105 days, should neither try to influence […]
INX Media case: Chidambaram moves Supreme Court for bail, ED in Delhi High Court over inadvertent error in verdict
NEW DELHI: Minutes after senior Congress leader P Chidambaram moved the Supreme Court on Monday seeking bail in the INX Media money laundering case, the ED approached the Delhi High Court seeking rectification of an “inadvertent” error in the November 15 verdict denying him the relief. Chidambaram approached the apex court challenging the judgement of […]
INX Media case: Delhi High Court says Chidambaram played key role, denies bail
NEW DELHI: The Delhi High Court Friday denied bail to former finance minister P Chidambaram in the INX Media money laundering case filed by the ED, saying prima facie allegations against him are serious in nature and he played active and key role in the offence. Justice Suresh Kait said that wrong message will be […]
INX case: Delhi court sends P Chidambaram to judicial custody till November 13
NEW DELHI: A Delhi court on Wednesday sent former finance minister P Chidambaram to judicial custody till November 13 in the INX Media money laundering case. Special judge Ajay Kumar Kuhar dismissed the plea of the Enforcement Directorate for one day custodial interrogation of Chidambaram. The court directed Tihar authorities to provide Chidambaram with medicines, […]
Two months after arrest, P Chidambaram gets bail in INX Media case
NEW DELHI: The Supreme Court granted bail to former finance minister P Chidambaram on Tuesday, two months after he was arrested by the CBI in the INX Media corruption case. A bench headed by Justice R Banumathi set aside the Delhi High Court’s September 30 verdict denying him bail in the corruption case. The bench, […]
Aircel-Maxis deal: Court extends protection from arrest to Chidambaram, Karti till Aug 9
NEW DELHI: A Delhi court on Thursday extended till August 9 the interim protection from arrest to former Union minister P Chidambaram and his son Karti in Aircel-Maxis cases filed by the CBI and the ED. Special Judge O P Saini extended the relief after the argument on anticipatory bail plea of the father-son duo […]