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Tuesday, July 22, 2025
TopicPNB Scam

Topic: PNB Scam

Mehul Choksi is in Caribbean with Antiguan passport, say govt sources

The Enforcement Directorate was informed of his arrival by the Antiguan authorities.

Interpol issues Red Corner Notice against Nirav Modi

Interpol lists money laundering charges against absconding Nirav Modi who is facing probe in the $2-billion PNB scam.

Nirav Modi, India’s most-wanted jeweller, is in UK now; ED moves to extradite him

Enforcement Directorate initiates the process of extraditing the diamond merchant, wanted in connection with the Rs 11,000 crore PNB fraud scam.

Plugged-In: Karnataka results today & Smriti Irani loses I&B

Front Page Karnataka results in today: The results for this closely watched election will be declared today. ThePrint will be bringing top-notch live coverage from Bengaluru...

Lubricating dry ATMs with newly printed cash is a Band-Aid

Problems in a banking system usually begin on the asset side of the books; they only snowball when the liability side is affected

CBI now probing Rs 4,918 crore loan to Choksi, given by a 31-bank consortium led by ICICI

CBI sources say this loan was given to Mehul Choksi’s Gitanjali group in 2013-14, could be added to the PNB scam amount at a later stage.

ICICI controversy shows privatising public banks isn’t guaranteed to make them better

After the PNB-Nirav Modi scandal, there was an outburst of commentary calling for privatisation of public sector banks. It is far more complicated than that.

China says Hong Kong will decide on India’s request for arrest of Nirav Modi

Minister of State for External Affairs V.K. Singh told parliament last week that they had sought the provisional arrest of Nirav Modi by the government of the Hong Kong.

This PNB fraud of Rs 24 lakh took CBI almost 24 years to nail

In 1994, the agency filed a charge sheet in the special CBI court where the case has been going on since.

The playboy with a penchant for diamonds & paintings: The rise & fall of Nirav Modi

Nirav Modi's Gitanjali Gems saw its market value rise from Rs 9.9 billion to a Rs 58 billion in seven years. Now its market value stands at just Rs 1.46 billion.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.