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Friday, November 1, 2024
TopicNirav Modi

Topic: Nirav Modi

TalkPoint: Is it impossible to fix India’s disastrous PSU banks?

Experts weigh in on the astounding 11,000 crore fraud in Punjab National Bank and how it reflects on the state of public sector banks in India.

We can’t do away with bank scams. But we can aim for an India where they are fewer

Money is about accounting entries. Modern scams are all about stealing accounting entries, when the system has a “reconcilement” problem.

The Nirav Modi case has played out before in this book

A case of an Indian celebrity jeweller named Nirav accused of being involved in banking fraud has taken place before: in a recent book.

Mehul Choksi bigger defaulter than Nirav Modi, probe says 143 LOUs issued over two months

CBI says Mehul Choksi alone defrauded PNB of Rs 4,886 crore, which makes him the bigger defaulter than his nephew Nirav Modi.

If Modi wants a real legacy, he must undo Indira Gandhi’s disastrous bank nationalisation

From Jimmy Nagarwala’s Rs 60 lakh from SBI to Nirav Modi’s Rs 11,000 crore-plus from PNB, India has a 47-year record of scams in govt banks. Why do all govts still love them?

BJP claims PNB scam began under UPA govt, CBI FIR says it happened in 2017

Investigators suspect there could be more LOUs, since bank employees accused of the fraud didn’t keep an official record.

TalkPoint: Are poor corporate ethics giving Indian capitalism a bad name?

After Lalit Modi and Vijay Mallya, Nirav Modi is the third industrialist to have left India in the wake of investigations into business irregularities.

On Camera

Bibek Debroy was an ‘Acharya’ in India’s intellectual history

In the centuries to come, economist Bibek Debroy's Mahabharata will attain the importance we attach to the texts of Shankara, Ramanuja, and Madhvacharya.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.