Only a handful of cryptocurrencies that exist today likely to survive: Raghuram Rajan

Raghuram Rajan compared the current mania in cryptocurrencies to the tulip mania in the Netherlands in 17th century

Comments

Post a Comment

Popular posts from this blog

MUDA scam: Karnataka Lokayukta seeks more time to submit final report

Image
Bengaluru : The Karnataka Lokayukta, which is probing the Mysuru Urban Development Authority (MUDA) land scam matter in which Chief Minister Siddaramaiah was named as one of the accused, has sought more time from the court to submit the final report. Considering the plea, Judge Santhosh Gajanan Bhat of the Special Court for MLAs/MPs in Bengaluru has posted the matter for hearing on February 24. The counsel representing the prosecution submitted that Lokayukta ADGP A. Subramanyeshwara Rao is reviewing the report and requested additional time for submission due to technical reasons. Mysuru Lokayukta SP T.J. Udesh had submitted the MUDA scam report to Lokayukta ADGP Subramanyeshwara Rao on February 13, following the directions of the High Court bench headed by Justice M. Nagaprasanna. According to sources, the final report on the MUDA scam consists of 550 pages across five volumes. The legal cell of the Lokayukta will examine the report and decide whether to file a charge sheet or su...
Read more

Karnataka: BJP MLA used HIV positive women to honey trap rivals, probe launched

Image
In a shocking revelation, a 40-year-old woman has accused Bharatiya Janta Party (BJP) MLA Munirathna of raping her, claiming that the MLA used a honey-trapping scheme involving women infected with HIV to target his rivals. Police on September 18 registered a case against Munirathna for repeated rape, sexual harassment, and voyeurism following a complaint filed by the woman. In her complaint, she alleged that Munirathna sexually assaulted her in March 2020 and continued to rape her for the next two years. She further asserted that he used to threaten and force her into unlawful acts, including honey-trapping political rivals. According to her account, the victim said that the MLA during a conversation with her revealed that he used honeytraping tactics for one of his political rivals, who was infected with HIV. The MLA had asked her to help him lure another target using an HIV-infected person. However, the complainant refused. The police, who are investigating the rape charges, wil...
Read more

Bengaluru: Bus conductor fails to return Rs 1; court orders BMTC to pay Rs 3K as compensation

Image
The Bangalore Metropolitan Transport Corporation (BMTC) was recently ordered to pay a man Rs 2,000 in compensation after he was denied Rs 1 change for a bus ride by the Bengaluru Urban District Consumer Dispute Redressal Commission. According to several media reports, in 2019, a man named Ramesh Naik went on a BMTC bus from Shantinagar to Majestic bus depot, during which the conductor issued a ticket for Rs 29. The complainant paid Rs 30 and was not given the change. Keeping up the fight, Naik then complained about the conductor to BMTC’s high authorities. To his surprise, the authorities made fun of him and drove him away. Unhappy with this, he filed a complaint with the local consumer court, asking Rs 15,000 in compensation. The court has now ordered the Bangalore Metropolitan Transport Corporation (BMTC) to pay the guy Rs 2,000 in compensation. The court also ordered BMTC to pay Rs 1,000 towards the complainant’s legal expenses. “It is the customer’s right to receive the balan...
Read more