oppn parties P Chidambaram, Former Finance Minister, Finally Arrested In The INX Media Case

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  • Allahabad HC said that the UP Police is acting as law unto themselves as they detained a person unlawfully even before his arrest
  • Kolkata witnesses traffic snarls on the first day of the Durga Puja festival as revellers start pnadal-hopping
  • Neha Bora was subsequently released and Dipke is to appear before a magistrate today at noon
  • Delhi Police detained Cockroach Janta Party founder Abhijeet Dipke, Neha Bora of AISA, student leaders and supporters ahead of a rally in Connaught Place demanding Chief Election Commissioner Gyanesh Kumar's resignation. The protest followed the detention and jailing of two CJP leaders earlier in the week over demonstrations at Jantar Mantar
  • The Reserve Bank of India is considering further monetary tightening to counter capital outflows and increase the cost of betting against the rupee, according to bankers and analysts cited by Reuters. The measures follow recent rate increases and steps to drain liquidity as pressure on the currency and inflation concerns persist
  • India directed oil marketing companies to stop diverting sugar-based feedstocks for ethanol production in the 2026–27 supply year, according to a new tender issued on Friday. The companies have invited bids for 11 billion litres of ethanol made from alternatives including corn and broken rice, amid concerns about domestic sugar supplies and prices
  • Finance Minister Nirmala Sitharaman said India's trade imbalance with China was growing sharply and attributed the problem partly to restrictions on Indian goods and services entering the Chinese market. China subsequently said it was ready to work with India to address mutual economic and trade concerns; India's trade deficit with China reached $69 billion in the first half of FY2026–27, up 27% year-on-year
  • Indian equity benchmarks extended their recovery on Friday, with the Sensex rising 413.66 points to close at 74,729.27 and the Nifty 50 gaining 148.80 points to settle at 23,146.15. Information technology shares, including Tech Mahindra, Infosys and TCS, helped lift the indices
  • India defeated Zimbabwe by four wickets in the opening women's T20 International in Raipur, taking a 1–0 lead in the three-match series. Deepti Sharma and Niki Prasad combined in an 82-run stand after India's top order collapsed, helping the hosts chase down Zimbabwe's total of 114 for five
  • Indian wrestler Komal won bronze in the women's 59 kg category at the Under-23 World Wrestling Championships in Las Vegas, defeating Kazakhstan's Viktoriia Khusainova 7–2. Fellow Indian Amruta Pujari advanced to the women's 72 kg final after recording two pinfall victories
  • Indian shuttler Jagsher Singh Khangurra secured a bronze medal at the BWF World Junior Badminton Championships in Cairo
  • The Supreme Court of India upheld the Bombay High Court's decision quashing the 2020 write-off of ₹8,415 crore in additional tier-1 bonds issued by Yes Bank (Yes Bank). The court ruled that the bank's administrator lacked the authority to extinguish the bonds under the final reconstruction scheme, strengthening bondholders' claims
  • The Supreme Court issued notices to the Election Commission of India, Delhi Police and opposition leaders, including Rahul Gandhi and Akhilesh Yadav, in separate petitions concerning electoral-roll revision and protests held in Delhi on October 10–12. The court also directed the preservation of CCTV footage linked to allegations of police excesses
  • The Supreme Court ruled that a person converting from Hinduism to Islam cannot automatically claim backward-class reservation benefits in the new religious community solely on the basis of their previous caste status. The judgment upheld the Madras High Court's decision striking down a 2024 Tamil Nadu government order that permitted such certification for specified communities
  • The Election Commission of India ordered a Special Summary Revision of electoral rolls in 14 states and three Union Territories, using January 1, 2027, as the qualifying date for voter eligibility. The draft rolls are scheduled for publication on November 12, claims and objections will be accepted until December 11, and the final rolls are due on January 4, 2027
Delhi HC refuses to ban CJP's Tiranga rally at Central Park in Connaught Place today /////// Police says will control and regulate it /////// NDMC closes the park for the public on Friday and Saturday
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P Chidambaram, Former Finance Minister, Finally Arrested In The INX Media Case

By Sunil Garodia

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator. Author of Cyber Scams in India, Digital Arrest, The Money Trap and The Human Hack

Finally, the CBI has caught up with P Chidambaram and has taken him to the agency’s headquarters in Delhi for questioning. But not before much drama took place outside his house. As the CBI team reached his residence in the swank Jor Bagh locality of the capital, it found the main gate locked and no one to answer their call. A few officers climbed the walls of the compound and entered. Before that, PC had made a dramatic appearance at a press conference held at the AICC office after doing the vanishing act immediately after the Delhi High Court rejected his anticipatory bail plea a day ago. Latest reports say that the CBI has formally arrested him and will produce him in court tomorrow.

In the press conference, Chidambaram said many things about "respect" for law and asked the investigating agencies to respect the law of the nation. But did he do it himself? Not finding him at home, the CBI had pasted a notice on the gate of his house and asked him to appear before the agency within two hours. This fact was reported in the media. So, even if Chidambaram had not gone to his house in the interim (he said he was not absconding but burning the oil with his lawyers to file a petition in the Supreme Court today but the irony is that despite he himself being a top lawyer and having a battery of celebrated lawyers with him, he filed a defective petition in the Supreme Court which was rejected), if he was such a law-abiding citizen, he could have joined the probe as asked or could have called the CBI and requested for more time after hearing about the notice. But the "law-abiding" citizen in him did not think it fit to do either.

Instead, he vanished. And when he surfaced at the press conference, he said he will choose liberty over life and said that he is not an accused in the INX media case. He also said that the FIR does not accuse him of any wrongdoing. That is precisely the point. He is not an accused and if even the FIR does not name him for wrongdoing, then why is he afraid to appear before the ED & the CBI without anticipatory bail? Why does he think they will arrest him? Why is he creating hurdles in the probe by being non-cooperative? Obviously, he has insider information (do not for a moment think that being out of power reduces the clout of politicians because they have their moles in all departments and agencies from their long years in governance) that new evidence has surfaced that will link him to the INX media scam and that the evidence will be sufficient for the CBI to arrest him.

He is obviously also shaken by the remarks of the Delhi High Court which said that as per evidence produced, prima facie he appeared to be the kingpin of the INX money laundering case. This is quite evident in the manner the full battery of the top lawyers at the command of the Congress party was deployed just to get anticipatory bail for him in the Supreme Court. That they bungled is another matter. The idea was to put pressure on the judges but their inefficiency did not let them succeed. Chidambaram and the Congress party must submit before the due process of law and not make it a case of persecution. If Chidambaram has done no wrong, the courts will free him with his reputation intact. Being a lawyer, he must have faith in the judiciary. If not, he has to bear the consequences of his misdeeds.