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Monday, April 6, 2026
TopicABG Shipyard

Topic: ABG Shipyard

CBI arrests founder of ABG Shipyard for bank fraud of Rs 22,842 crore, biggest in country

A forensic audit revealed several accused colluded together and committed illegal activities, including diversion of funds, misappropriation and criminal breach of trust between 2012 and 2017.

Easy trick to make scams disappear, and a golden tribute for Bappi Lahiri

The best cartoons of the day, chosen by the editors at ThePrint.

CBI unable to file over 100 high-value bank fraud cases since 8 states withdrew probe consent

The eight states that haven’t given consent for the CBI to probe cases on their turf are Maharashtra, Punjab, Rajasthan, West Bengal, Jharkhand, Chhattisgarh, Kerala, and Mizoram.

Trudeau lectured India on rights, is now using emergency powers to crush anti-vaccine protesters

ThePrint view on the most important issues, instantly.

5 years, 28 banks, Rs 23,000 cr debt — how ABG Shipyard pulled off ‘India’s biggest bank fraud’

Case has raised questions like how fraud went undetected for so long, how it came to light, how money was diverted, and what led to delay in CBI registering FIR. ThePrint answers.

On Camera

US pilot rescue in Iran must be seen more than war cost. Nation protects its warriors

A live American pilot paraded on Iranian state television would have been an intelligence windfall and a propaganda coup of historic proportions.

What to expect from China’s new 5-year plan—trade innovation, tensions with partners

ASEAN is struggling against a flood of 'underpriced Chinese goods', while Brazil has imposed anti-dumping duties on Chinese steel.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.