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After 3 scandals in 3 years, PNB plans an image makeover, expects profits

Fraud-hit PNB is clearing a backlog of provisions and expects to post net income in every quarter of fiscal 2020-21.
Nirav Modi | Twitter

Court confiscates Nirav Modi’s assets, first order under Fugitive Economic Offenders Act

The court, in its order, said the assets shall be attached by the ED under the provisions of the FEO Act within one month.
File photo of Nirav Modi

Nirav Modi’s brother named in fresh charge sheet in PNB case

Besides Nehal Modi, the chargesheet names PNB's suspended deputy general manager Sanjay Prasad, and Nirav Modi's associates Amit Magia, Sandeep Mistri and Mihir Bhansali.
Gitanjali Gems Ltd

Breakthrough in PNB fraud case, international business head of Gitanjali Gems traced to US

ED begins process to extradite Sunil Varma, who fled days before PNB scam broke last year, involving diamond merchants Mehul Choksi & Nirav Modi.

Mehul Choksi alleges PNB probe incomplete, special court issues notice to CBI

Mehul Choksi has claimed that the CBI has filed false FIRs were against him in February 2018 and the "incomplete" investigation is hurting his businesses.

Subramanian Swamy wants you to believe Nirav Modi paid Congress Rs 98 cr, but he’s wrong

BJP MP Subramanian Swamy retweets photo of a Rs 98 crore 'cheque' signed by Nirav Modi in favour of Congress. But the cheque is fake.
Nirav Modi in London

Nirav Modi to be kept in custody till 29 March after UK court denies him bail

The Indian businessman accused in PNB fraud case has been on the run since February 2018. 
Latest news on Nirav Modi | ThePrint.in

London court issues arrest warrant for PNB scam accused Nirav Modi

The warrant issued by Westminster Magistrate Court comes after United Kingdom's home secretary Sajid Javid referred to India's request for extraditing Modi earlier this month.
Congress president Rahul Gandhi at AICC Minority Convention at Jawahar Lal Nehru Stadium Praveen Jain/ThePrint

Nirav Modi and PM Modi have uncanny similarity: Rahul Gandhi’s dig at govt

Rahul Gandhi's jibe at PM Modi and his govt comes amid UK media reports of Nirav Modi living in London and of having a new diamond business.
Fugitive billionaire Mehul Choksi | Priyanka Parashar/Mint via

Mehul Choksi says extradition talk is fake news, have faith in Antigua

Mehul Choksi says matter of his extradition is sub-judice and is yet to be disposed of by Antiguan courts.

On Camera

If Joe Biden wins US presidential election — prepare for an epic policy hangover

As pleasant as it might be to have a president who isn’t actively destroying the country, there are many areas where Biden will need a better plan & political will to make progress.
President Xi Jinping (centre) with other leaders of the Communist Party of China | Representational image: Reuters via ANI

China to reveal how it plans to steer economic growth through the 2030s

China’s Communist Party is expected to release two policy blueprints at the end of 4 days of meetings -- Their 5-year plan & a longer strategy document that stretches until 2035.

Defence

Defence Minister Rajnath Singh addressing the biannual Army Commanders Conference in New Delhi Wednesday | Indian Army

China lacks ‘honest intent’, be prepared for any eventuality, Rajnath Singh tells Army

Speaking in Delhi, the Defence Minister told military commanders that the government will strongly back reforms in the armed forces including setting up of theatre commands.
Illustration: Soham Sen/ThePrint

Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace

Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.