Who is saving SEBI chief, asks Congress; Rahul flags stock market risks to small investors
New Delhi (PTI): The Congress on Saturday intensified its offensive against SEBI chief Madhabi Puri Buch, asking what was keeping her from appearing before a parliamentary panel.
Shortly after Congress leader Rahul Gandhi, in an Instagram video, flagged "risks to billions of retail investors in the stock market", the party posed three questions on Buch, who skipped a recent appearance before the Public Accounts Committee by citing a last-minute emergency.
"Why is Madhabi Buch reluctant to answer questions before the Public Accounts Committee (PAC) of Parliament? Who is behind the plan to protect her from being answerable to the PAC? Is there a well-thought-out conspiracy to risk the hard-earned investments of crores of small-medium investors and benefit Modi ji's dear friend Adani?" the Congress' media department chairman Pawan Khera asked in a statement.
Gandhi earlier posted a video on Instagram in which he is heard speaking to Khera on the phone and urging him to devise innovative ways of cautioning retail investors against "the space of risk", a term he used for the Indian stock markets.
He also told Khera that he was willing to get involved in the party's communications campaign to help small investors guard their money.
"Who is protecting the syndicate committing this fraud?" Gandhi captioned the Instagram video.
The Congress soon floated a video, titled "Buch Bachao Syndicate", with Khera alleging that SEBI's credibility had been undermined under the BJP-led National Democratic Alliance.
"The Congress has consistently voiced its concerns over the erosion of SEBI's independence and powers. Through a series of press conferences, we have exposed multiple instances of conflicts of interest involving SEBI Chairperson Ms Madhabi Puri Buch and her family. These grave revelations have shaken the trust of India's 11.5 crore registered investors, who count on SEBI to uphold a transparent and fair financial environment. This government has left India's investors vulnerable, compromising the very institution meant to safeguard their life savings and aspirations," Khera said.
He said, "It was deeply troubling that SEBI's leadership, which publicly champions measures to boost transparency in the investment sector, has failed to adhere to these very standards within their own practices."
"Such de facto unethical conduct -- and possibly legally questionable behaviour -- by one of India's primary regulators is a serious threat to the stability of our regulatory environment. It not only shows distrust among Indian investors but also raises red flags for potential foreign investors, pushing India's growth prospects backward," according to the statement.
Gandhi later shared the video on his X handle and alleged that the government was saving the SEBI chief from an investigation.
He said, "Save from answering the PAC. Save from resigning from SEBI. Save Adani from investigation."
"Which is this syndicate that is 'protecting Buch'? And most importantly, why is it protecting her?" the former Congress chief asked.
In the Congress statement, Khera said the PAC took a stand by summoning SEBI officials, including Buch, who, "just an hour before her scheduled appearance, claimed an emergency, expressing her inability to attend".
BJP MPs protested the summonses, the Congress spokesperson claimed.
"We think this is no coincidence. We think that the government is trying to protect Ms Buch to save the bigger players in this nexus," Khera alleged.
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Pizza Hut China debuts unusual bullfrog pizza, sparking mixed reactions online
Beijing : Pizza Hut China has taken a bold step into culinary experimentation by introducing a limited-edition pizza topped with deep-fried bullfrog, a move that has garnered both curiosity and criticism online. The unconventional dish was first highlighted by global food trend expert David Henke, who shared a photo of the new menu item on X (formerly Twitter), noting the diverse protein preferences in different cultures.
The pizza, known as "Goblin Pizza," features a thick crust, red sauce, a layer of parsley, and a whole deep-fried bullfrog as the centerpiece. The frog's "eyes" are created with halved hard-boiled eggs, each topped with a black olive, making for a visually striking presentation. According to Korean news outlet Maeil Business Newspaper, the unusual offering is a collaboration with Dungeons and Dragons, inspired by a character from the game.
Details about the availability of this new creation are limited, with no specific information provided on Pizza Hut’s official website. However, the quirky menu item has already become a talking point on social media, drawing a mix of reactions ranging from shock to curiosity.
On Reddit, a photo of the pizza was shared, fueling further debate. Some users labeled the dish as “pure blasphemy,” while one user went so far as to say, “This pizza is a felony.” Another asked, “Why ruin a pizza like that?”
Not all feedback was negative; one commenter admitted that while the frog might be off-putting, they'd be more accepting if the pizza underneath was satisfactory. Another joked, "You can ribbet this right into the garbage."
Amidst the critique, there were voices of intrigue. One foodie defended the dish, saying, “Fried frog legs are so good! Maybe next time, shred the frog leg meat and add it to the pizza—that would be pretty good.”
