Mehul Choksi, a key figure in the Rs 13,000 crore PNB fraud, has been arrested in Belgium following an extradition request by Indian probe agencies. This action against Choksi, follows the arrest of his nephew Nirav Modi. The PNB scam, involving fraudulent Letters of Undertaking, was exposed in 2018, revealing systemic loopholes.

Competing voices from the White House fuelled uncertainty before the president announced a sweeping pause, experts say. 

​Competing voices from the White House fuelled uncertainty before the president announced a sweeping pause, experts say.  

The U.N. Trade and Development agency urged U.S. President Donald Trump’s administration on Monday to exclude the poorest and smallest economies from reciprocal tariffs because it “would have minimal impact on United States trade policy objectives.”