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Friday, August 15, 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

Nobel committee, note how Trump allowed Munir to make nuclear threat against India from US soil

So far, India has responded to his threats with a measured, diplomatic, strategic, and multi-dimensional approach. Now, it needs to react firmly.

Modi’s ‘Diwali bonanza’ for the common man—next-gen GST reforms, lower tax on daily-use items soon

Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

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.

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

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.