Nehal Modi is indicted for obtaining diamonds from one of the world's biggest firms LLD on favourable terms, and then liquidating them for his own ends.
Overseas sales of cut and polished diamonds may slump 20% to 25% in the year ending March from $18.66 billion last year, according to the Gem & Jewellery Export Promotion Council.
Lucara Diamond Corp., which found the 1,758-carat Sewelo diamond at its Botswana mine struck a deal with Louis Vuitton and Antwerp manufacturer HB Company.
The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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