gopal raju

[gopal raju @gopalrajuk]

@NewspressX 2

[Pico Iyer @PicoIyer]

Mick Jagger was educated at the London School of Economics, Keith Richards in the Universal School of Hard Knocks. How could they fail to make a hugely profitable band that never seems to go out-of-fashion?

[gopal raju @gopalrajuk]

@RavinderKapur2 10

[non aesthetic things @PicturesFoIder]

I don’t even know if i should be proud or disappointed 😭

[Vijay Thottathil @vijaythottathil]

Loved this video ❤️👌🏼

[Paranjoy Guha Thakurta @paranjoygt]

From: Dr E A S Sarma
Former Secretary to the Government of India

To: Shri Ajay Seth
Secretary (Economic Affairs)
Govt of India

Dear Shri Seth,

It is disturbing that a combination of factors triggered a stock market surge on the 3rd of June 2024, followed by a huge crash during the day that followed, wiping out the hard earned savings invested in the market by small and marginal investors, allowing the bigger stockmarket sharks to profiteer at their cost. Even today, the stock market has not fully recovered.

It appears that the trigger for the unsavoury sequence of events came from no less than the Prime Minister himself, when he "predicted" a stock market surge on the 4th, namely, the date of counting of votes in the 2024 elections, conveying a hint that investors should invest in the stock market, as his government's return to power would usher in further so-called "reforms". I am not sure what really prompted the PM to make such an ill-advised statement. His statement was followed by the Union Home Minister, who is reported to have added fuel to fire by saying, that investors should buy before 4th June. As per his expectations, as reported, "the markets will shoot up" "The Prime Minister and the Union Home Minister are expecting market gains on 4th June" (https://t.co/xWqczUAIlr).

The PM being a responsible person occupying a high public office would not have made such an imprudent statement, had he not got some inputs either from within the Ministry of Finance itself or from outside, but his statement compounded by the Home Minister's gave a feeling to unwary small investors that they were privy to some inside information, prompting them to blindly invest whatever little they had. The huge losses that followed have certainly eroded the credibility of the stock market.

This is something that cannot and should not be taken lightly, as it caused widespread misery to lakhs of small investors.

I have the following questions that call for answers:

Did some "expert" in the Ministry of Finance provide inputs on this to the PMO? On what basis? If the source of such misleading information can be identified, the concerned needs to be brought to book immediately
Did an outsider, especially a large investor in the stock market, provide unsolicited advice to the PM? If so, did that person deliberately mislead the PM to trigger volatility in the stock market and mint profits at the cost of small investors? If so, such an investor needs to be identified and subject to deterrent penal action.
Where did the investor or investors who earned profits park their ill-gotten money? Is there a link to a money-laundering exercise? The Enforcement Directorate, if it can function independently as it should, may be asked to investigate this possibility
What has been the role played by the SEBI in all this? Could SEBI have calmed down the market by countering false statements? Has SEBI taken up an investigation?
There were reports earlier that the regulatory agencies were getting ready to deal with a stock market crisis that was likely to occur. If that is so, why should the regulators become silent spectators to a stock market bloodbath?

I feel that the Department of Economic Affairs cannot afford to remain passive and allow the culprits to go scot free. It should ask the ED, CBI and CBDT to conduct a well coordinated investigation in a time bound manner, so that the incoming new government, the newly elected Parliament and, of course, the public at large, would have to be apprised of this.

Regards,

Yours sincerely,

E A S Sarma
Visakhapatnam
5th May 2024

[gopal raju @gopalrajuk]

@venkataraman_27 @ShekharGupta In

[Roja Ganapthiraju @RGanapthiraju]

#wewantjustice
#saveMansas
#saveMVGR
@IDFC_Bank
@IDFCFIRSTBank
@IDFCFIRST_Help
#IDFCFirstBank
When every other bank deferred to honourable high court order& accepted checks from signature authorized by high court order restored chairman,why is @IDFCFIRSTBank behaving differently

[NAGENDRA KUMAR @NAGENDRA5369]

#saveMansas
#saveMVGR
@IDFC_Bank
@IDFCFIRSTBank
@IDFCFIRST_Help
#IDFCFirstBank
#idfcFirst
Why Only VISHAKHAPATNAM Branch Working Differently.

[NAGENDRA KUMAR @NAGENDRA5369]

Dear Amit @IDFCFIRST_Help , Why only this Bank 👇 couldn't oblige the orders of Honorable High Court of AP?
IDFC FIRST Bank
Dabagarden, VISAKHAPATNAM
Branch Code:80412.
#IDFCFIRSTBank
#saveMansas
Tell them that No politician will help when your bank stands for contempt of court.

[Dr.PRSN @ram_pathivada]

విజయనగరంలో ఆ రాత్రి
మన విజయనగర జనాలు చేసే బాగోతమే రాసావు...
బాగుందయ్యా కౌండిన్య...
"వట్టి మాటలు కట్టిపెట్టోయి
గట్టిమేల్ తలపెట్టవోయ్"
https://t.co/vZfSql6FYv
#Vizianagaram
#విజయనగరం

[maheshraju @sagimahes]

I congratulate the Odissa Government and their CM Sab for making it possible. You developed your state to such a geat extent that other CM'S should take you as example and learn from you leadership skills .

[Vamsi Krishna Bharanika @bsvamsikrishna]

కష్టపడి సంపాదించిన వాడికి తెలుసు కష్టం విలువ. @sanagajapati లాంటి బంది పోటు దొంగ కి ఎమ్ తెలుస్తుంది మన కష్టం విలువ. అందుకే దోచుకు పోయింది. ఎన్నో తరాలుగా తాత ముత్తాతలు ఎన్ని మంచి పనులు చేసినా లాభం లేకుండా చెయ్యటానికి ఇలాంటి ఒక్క దొంగ పుడితే చాలు ఆహ్ మంచి కి సమాధి కట్టటానికి

[maheshraju @sagimahes]

అత్త సొమ్ము అల్లుడు దానం లా వుంది
#payforthework
#Wewantjustice
#FightForMANSAS
#saveMansas
#saveMVGR
#Mansas

[Vamsi Krishna Bharanika @bsvamsikrishna]

ఈవిడకి అంత సినిమా లేదండి... ఈవిడకి కారు ఇచ్చి ఈవిడ వెనక ఉన్న వాళ్ళు ఈవిడకే తెలియకుండా జెట్ ఫ్లైట్స్ ఆర్డర్ పెట్టుకుంటారు... మన లాంటి సామాన్య జనాల కష్టాన్ని దోచుకుని

[maheshraju @sagimahes]

సొమ్ము ఒకరిది సోకు ఒకరిది.
#payforthework
#Wewantjustice
#FightForMANSAS
#saveMansas
#saveMVGR
#Mansas

[Dr.PRSN @ram_pathivada]

#Wewantjustice
#saveMansas
#saveMVGR
@sanagajapati గారు,
మాన్సాస్ ఉద్యోగస్తులు గత పదిహేను నెలల గా పూర్తి జీతభత్యాలు లేక అలమటిస్తుంటే, తమరికి ట్రస్ట్ డబ్బులతో ఒక కారు మరియు ఇంజనీరింగ్ కాలేజీ డబ్బులతో ఒక కారు చేరో ముప్పయి లక్షల పైన ఖర్చుతో కొనిపించుకున్నారంటగా! అదీ మీ నిబద్ధత...