No Terror Influx In Stock, Real Estate Markets: Chidambaram
By Unregistered Visitors, Section Real Estate
Posted on Sat Aug 18, 2007 at 04:04:11 AM EST
The government on Friday set to rest speculation about terrorist outfits making inroads in the Indian financial markets saying the Securities and Exchange Board of India (Sebi) and the RBI had confirmed that the markets were safe and there was no such successful attempt.
In response to a question in the Lok Sabha, finance minister P Chidambaram said there was no indication of entry of terrorist outfits in the stock and real estate markets. ``The government has consulted SEBI and RBI which do not indicate any surreptitious entry into the stock market or real estate markets,'' the minister said.
Chidambaram's comments assume significance since such suspicions were raised by national security advisor M K Narayanan, the man who has access to all the intelligence reports including forewarning coming from foreign agencies.
Source: TOI, 18/8/2007
