p chidambaram

May 15, 2017: CBI registers FIR in INX media case alleging irregularities in FIPB clearance to the group for receiving overseas funds of Rs 305 crore in 2007.

The Congress on Wednesday welcomed the Supreme Court's decision to grant bail to senior party leader P Chidambaram in the INX-Media money laundering case, saying truth finally prevails.

Senior Congress leader P Chidambaram on Saturday said the lower GDP growth rate of 4.5 per cent was as predicted but warned that third quarter will be worse.

He was arrested by the Enforcement Directorate in the money laundering case on October 16 and is in judicial custody till November 27 under the order of a trial court.

The Enforcement Directorate on Monday approached the Delhi High Court seeking rectification of an "inadvertent" error in the order denying bail to former Union finance minister P Chidambaram in the INX Media money laundering case.

Senior Congress leader P Chidambaram on Monday said his party must lead the Opposition in Parliament to expose the "utter mismanagement" of the economy by the Modi government.

The former Union minister has been critical of the Modi government's handling of the economy and has said this is the reason that he is being targeted.

Former Union Finance Minister P. Chidambaram, who is presently facing charges in INX Media, Aircel-Maxis case and is in the custody of the Enforcement Directorate (ED), has been taken to AIIMS on Monday after he complained of illness.