Image
SumanSpeaks Independent Capital Markets & Geopolitical Intelligence Fed, FPIs & Budget Watch | Indian Equities The Fed Held, the Foreign Funds Flinched, and Delhi Is Listening: Where Indian Equities Go From Here The Fed held at 3.75%–4.00% on a 10–2 vote. FPIs have sold a record ₹3.07 lakh crore through 23 October. Delhi is reportedly weighing an LTCG cut. And on 27 October, the Nifty Smallcap 100 jumped 2.70% in a single session. Wednesday, 28 October 2026, gave Indian markets a rare thing: a day without a nasty surprise from Washington. The Federal Reserve kept its policy rate unchanged at 3.75%–4.00%. Nifty closed at 22,698.85, down just 0.22%, after Sensex had been down nearly 1,000 points at the intraday low. Then came the numbers that matter more. According to provisional NSE data, FII/FPIs were net buyers on the day. Across NSE, BSE and MSEI combined, they bought a net ₹871.83 crore, against DII net buying of ₹643.35 crore. It is one session, and it f...
Bofors: CBI accused of helping Quattrocchi go free September 05, 2008
AN OLD NEWS BUT CARRIES LOT OF SIGNIFICANCE IN TODAY'S CBI ACTION AGAINST QUATTROCCHI
I think you remember, a former senior official of the CBI once said, "Quattrocchi is a close relative of Congress president Ms.Sonia Gandhi" (Ms.Antonia Albina Maino, an Italian)
The Central Bureau of Investigation is 'helping' Italian businessman Ottavio Quattrocchi, an accused in the Bofors case, after the UPA government came into power in 2004, an advocate alleged in the Supreme Court on Friday.
"It is ex-facie clear that the CBI is helping Quattrocchi ever since the change of guards at the Centre after the general elections in 2004 in the country and at every step CBI is facilitating Quattrocchi so that he may go free from the Bofors investigation," advocate Ajay Agrawal said in an affidavit.
The advocate, who had filed an application questioning government's effort in securing the foreign national's extradition from Argentina after he was detained on February 6, 2007, said the El Dorado court declined India's request as the original arrest order of 1997 by a court in New Delhi was not produced by the CBI.
He was responding to the order passed by the Argentine court, the translated copy of which was provided to him by the Centre. While the advocate was making allegations against the CBI, Additional Solicitor General Gopal Subramanium told a bench headed by Chief Justice K G Balakrishnan that wild charges cannot be levelled.
"If he is aggrieved by any order he should file a substantial petition," the ASG said. He said non-existence of any extradition treaty with Argentina came in the way of getting back Quattrocchi, who was detained on February 6, 2007, at the Iguazu International Airport on the basis of a Red Corner notice issued by Interpol and later released on bail on February 23, 2007.

Comments

Popular posts from this blog