Dr. Subramanian Swamy: Anti-corruption and Temple cases

Dr. Subramanian Swamy stands as a towering figure in India’s fight against corruption and a relentless defender of cultural values. A brilliant economist, seasoned politician, and fearless litigant, he has taken on some of the nation’s biggest scandals while also safeguarding the sanctity of Hindu temples. With his razor-sharp mind and unyielding resolve, Dr. Swamy has spent decades battling in courts, exposing corruption, and advocating for transparency and justice. His efforts have not only challenged the powerful but also inspired hope that one person’s determination can spark monumental change. Here’s a look at the major corruption scandals and temple-related cases he has fought, arranged from the most recent to the oldest, proving his dual legacy as a warrior for accountability and faith.

The Major Cases

1. Tirupati Laddu Controversy (2024)
   He filed a PIL in the Supreme Court to probe claims of adulterated prasadam at Tirupati, seeking a court-monitored investigation.
2. Axis Bank-Max Life Insurance Fraud (2023)
   Dr. Swamy called out a bank for allegedly raking in crores through shady share deals, urging a court-led investigation.
3. RBI Officials in Banking Scams (2023)
   The Reserve Bank of India ignored major financial scams like Kingfisher and Yes Bank, that needs greater accountability from the top.
4. Uttarakhand Char Dham Case (2021)
   Dr. Swamy contested the state’s takeover of Char Dham and 51 temples, forcing a partial rollback of government control.
5. Tamil Nadu Temple Control Case (2021)
   

   Dr. Swamy challenged the state’s grip over 40,000 temples, including priest appointments, pushing for religious autonomy.
6. Pandharpur Temples Case (2021)
   Dr. Swamy moved the Bombay High Court to free the Vitthal Rukmani Temple from state control, a battle still unfolding.
7. Augusta Westland Helicopter Scam (2016)
   He questioned kickbacks in a helicopter deal for VIPs, keeping pressure on those who betrayed trust.
8. Ram Mandir Case (2016)
   He pushed for the right to worship at Ayodhya’s Ram Janmabhoomi, speeding up the case that led to the temple’s construction.
9. Sahara-SEBI Dispute (2014)
   Dr. Swamy stepped in when Sahara dodged refunding investors, aiding the court’s crackdown on the company.
10. 2G Spectrum Scam (2012)
    Dr. Swamy tackled a massive telecom scam where licenses were sold at throwaway prices, costing India billions. His petition led to a minister’s arrest and a Supreme Court-ordered investigation.
11. National Herald Case (2012)
    He took Sonia Gandhi and Rahul Gandhi to court for misusing funds via a newspaper company, and exposed their financial wrongdoing.
12. Coalgate Scam (2012)
    Dr. Swamy challenged shady coal block deals that drained national wealth. His push helped the Supreme Court scrap illegal allocations and enforce fairer rules.
13. Aircel-Maxis Deal Scandal (2012)
    He targeted a dubious telecom deal tied to P Chidambaram, triggering probes into money laundering and favoritism.
14. Tamil Nadu Granite Mining Scam (2012)
    Dr. Swamy exposed illegal quarrying that cost Tamil Nadu billions, fighting to protect natural resources.
15. Karnataka Wakf Board Land Scam (2012)
    He challenged the misuse of vast lands, seeking justice for public property grabbed by corrupt hands.
16. Commonwealth Games (CWG) Scam (2010)
    When the 2010 Delhi Games became a corruption mess, Dr. Swamy’s petition led to arrests of Suresh Kalamadi and revealed the misuse of public funds.
17. Chidambaram Nataraja Temple Case (2009)
    Dr. Swamy fought to free this Tamil Nadu temple from state control, securing a Supreme Court victory for its priests.
18. Ram Setu Case (2007)
    Dr. Swamy saved the sacred Ram Setu from a shipping project, winning a Supreme Court ruling to protect this cultural treasure.
19. Tamil Nadu Liquor Scam (1990s-2000s)
    Dr. Swamy fought a liquor monopoly in Tamil Nadu, alleging profits were siphoned off by the powerful.

A Legacy of Change

Dr. Swamy’s crusade is a beacon of hope, showing that corruption and overreach can be challenged. From telecom scams to temple freedoms, quite often, Dr. Swamy argues his own cases with unmatched grit. His victories—like fairer coal auctions, jail time for the corrupt, and temples returned to their rightful custodians—prove his impact.

Dr. Swamy’s fight inspires every Indian to be bold and fearless. His tireless pursuit motivates us to stand up for righteous causes, embrace honesty, and uphold truth, ensuring a better world for the next generation. His battles for transparency, accountability, and the sanctity of our heritage have fortified our democracy and faith. He’s shown that one voice, armed with courage, can topple giants and reclaim what’s ours.

Thank you, Dr. Swamy, for being our guiding light.

Why India’s Stock Markets Are Crashing in 2025

India’s stock markets, once riding high on a multi-year bull run, have hit a rough patch in early 2025. The Sensex and Nifty have seen sharp declines, leaving investors rattled and analysts scrambling to pinpoint the causes. While no single event triggered the crash, a confluence of domestic and global factors has created a perfect storm for Indian equities. Here’s a closer look at what’s driving the downturn.

Foreign Investors Hit the Exit Button

One of the biggest culprits is the relentless selling by foreign institutional investors (FIIs). After pouring money into India for years, FIIs have reversed course, dumping stocks at an alarming rate. The weakening Indian rupee—sliding against the U.S. dollar—has made holding Indian assets less appealing. Coupled with global uncertainties, this has led to billions flowing out of the market. Domestic investors have tried to cushion the blow with their buying, but it’s been no match for the FII exodus.

Earnings Growth Falls Flat

Corporate India isn’t helping the case either. The latest earnings season has been a letdown, with companies posting sluggish, single-digit growth. After years of stocks trading at sky-high valuations, investors expected blockbuster results to justify the premiums. When that didn’t materialize, confidence took a hit, and a market correction followed. Expensive stocks with little growth to show for it are a recipe for a sell-off, and that’s exactly what’s unfolded.

Global Trade Tensions Ripple In

The world isn’t making things easier. New U.S. tariffs on Canada, Mexico, and China under President Trump have reignited fears of a global trade war. While India hasn’t been directly slapped with tariffs yet, the uncertainty has spooked markets everywhere. A weaker rupee, partly tied to these global pressures, has added fuel to the fire, raising costs for import-dependent firms and eroding investor appetite for riskier markets like India.

Tax Hikes Leave a Bitter Taste

Back home, policy moves have played a role too. The June 2024 Budget raised long-term and short-term capital gains taxes, a decision that didn’t sit well with investors. Months later, the sting is still being felt, especially among FIIs who may see lower returns on their Indian bets. This tax overhang has likely contributed to the steady outflow of foreign capital, amplifying the market’s woes.

A Long Overdue Reality Check

Finally, there’s the simple fact that Indian stocks had climbed too high, too fast. After years of stellar gains, valuations—particularly in midcap and smallcap segments—had soared beyond fundamentals. Add in signs of an economic slowdown, like softer GDP growth, and the market was ripe for a pullback. What we’re seeing now might just be an overdue reset to more realistic levels.

The Bigger Picture

The crash isn’t a single-thread story—it’s a tapestry of global headwinds, domestic missteps, and market dynamics catching up with reality. For investors, it’s a tense moment of recalibration. While some see it as a buying opportunity, others warn the pain could linger if FII selling persists or global tensions escalate. For now, India’s stock markets are in the grip of forces both within and beyond its borders, and the ride ahead looks anything but smooth.