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Wednesday, August 13, 2025
TopicPNB Scam

Topic: PNB Scam

India considers barring 91 loan defaulters from leaving the country

The individuals are owners/directors of companies which have been identified as 'wilful defaulters'. About 400 companies have been identified as such.

In first reaction to PNB-Nirav Modi scam, RBI governor Urjit Patel puts onus on govt

Patel defended the central bank, saying it is simply impossible for the regulator “to be in every nook and corner of banking activity to...

‘Vendetta vs mandate-ta’: How Modi can reclaim his anti-corruption agenda, post PNB scam

Any dilution on the ‘incorruptible’ score will chip away much of the Modi magic.

Abhishek Manu Singhvi: BJP’s latest bugbear in the Congress

BJP claimed Nirav Modi was a tenant in commercial property owned by Abhishek Singhvi’s family company; the Congress spokesperson called it ‘cheap politics’.

TalkPoint: Is RBI’s stature irredeemably undermined after demonetisation and government’s rebuke over PNB?

Experts weigh in on the government's rebuke to RBI for its failure in detecting the PNB fraud and it's implications.

Who owns India’s banks? Definitely not Indians

Just before the Nirav Modi case, ex-RBI Governor Y.V. Reddy said Indian banking system is mainly owned by govt, followed by foreigners and least by Indians.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

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.