By Dr. Bhamy V. Shenoy, Oil Industry Expert Under UPA, when crude oil prices averaged $132 per barrel in July 2008 (it was during that month Brent reached a historic high of $147/b) petrol price was just Rs. 50.62 per litre. Today when oil price is around $80/b, petrol price has reached a high of…
Money laundering case: Karti Chidambaram arrested
February 28, 2018Chennai: Senior Congress leader P. Chidambaram’s son Karti Chidambaram was arrested in Chennai this morning in a corruption case. He is accused of receiving kickbacks to clear foreign investment worth around Rs. 300 crore in television company INX Media, using the influence of his father, who was then the Union Finance Minister. The initial case…
Chidambaram dwells on power, accountability and tolerance
June 5, 2017Mysuru: Former Union Minister P. Chidambaram wondered why the Mysuru Literature Festival was not called Cauvery Literature Festival. Delivering the valedictory address at the First Mysuru Literature Festival organised by the Mysuru Literary Forum Charitable Trust and Book Clubs 2015, at Wind Chimes here yesterday, Chidambaram, in his nearly 40-minute address, stressed on three words…
Wedding party? No it’s I-T raid
April 26, 2017Kushalnagar: Kushalnagar residents witnessed a convoy of 30 decorated cars including Sports Utility Vehicles (SUV) passing through the streets this morning and they assumed that it was a marriage party of some rich man. Only later it dawned upon them that the occupants of the cars were sleuths from the Income Tax (I-T) Department who…
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