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Wednesday, August 13, 2025
TopicAllahabad Bank

Topic: Allahabad Bank

Former PNB MD Usha Ananthasubramanian granted bail in Nirav Modi fraud case

PTI -
A special CBI court approved her bail plea after the President had granted sanction to prosecute her. 

Govt sacks Allahabad Bank chief Usha Anathasubramanian allegedly involved in PNB fraud

PTI -
The government has also given sanction for prosecution against PNB executive director Sanjiv Sharan.

CBI files charge sheet against Choksi & ex-PNB MD in $2 billion scam case

PTI -
The charge sheet against Choksi comes after CBI submitted one against his nephew Nirav Modi alleging fraud of close to Rs 6,500 crore.

Take a break, Punjab National. You’ve done enough

Andy Mukherjee -
Punjab National’s butter chicken is truly cooked, as the RBI continues to force all lenders to flush out dud loans.

On Camera

YourTurn

Opinion

Musk’s golden touch is on the line. Tesla needs him to do what he does best — sell a pen

Nisheeth Upadhyay -
Tesla sales have been sliding, profits have been shrinking, and brand loyalty is faltering. Elon Musk’s politics has something to do with it.

Chinese chatter says Trump tariffs will make India turn to China and Russia

Kerala BJP losing favour with Church. Sangh not on board with Christian outreach

Economy

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

Sampurna Panigrahi -
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

Defence

India expands Southeast Asia defence footprint with new joint venture in Philippines

Javaria Rana -
Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

National Interest

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Shekhar Gupta -
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.

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