Modi will exhaust all the legal remedies, including appealing in higher courts as well as seeking asylum in the UK, before Indian authorities would be able to bring him back.

Private wealth creators are solely responsible for India's banking stress; increasingly fleeing India with their wealth and bank loans, and those making huge profits are doing so by cutting jobs and wages

High Court in London grants access to around 1.1 million pounds from court-held funds to meet living expenses and legal costs to Embattled liquor tycoon Vijay Mallya

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

A bench of Justices U U Lalit and Ashok Bhushan posted the matter for further hearing on March 15, after Solicitor General Tushar Mehta sought some time to file report on the status of extradition of Mallya

Acting on a petition by Pune-based RTI activist Vihar Durve, the panel directed the central agency to cite regulations under which look out circulars were issued in October and November, 2015

Modi is the prime accused in a $2 billion bank fraud at Punjab National Bank (PNB). He has also been charged with intimidating witnesses and tampering with evidence

SBI mega property e-auction: The State Bank of India will carry out the e-auction to sell the mortgage assets of loan defaulters to recover the dues

The State Bank of India (SBI) has put up the mortgage assets of loan defaulters to recover the dues through this e-auction and has published the advertisement in the leading newspapers along with its social media handles - Facebook, Twitter, Instagram etc

At a virtual hearing before Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs on Friday, both sides deposed retired Indian Supreme Court justices as expert witnesses on Indian law in support of their arguments for and against a bankruptcy order against Mallya in the UK

Deputy Insolvency and Companies Court Judge Robert Schaffer declined to allow a draw down from the court-held funds of an estimated amount of around 1.5 million pounds, accrued from the sale of Mallya's French luxury property Le Grand Jardin

The ED has initiated investigation under PMLA against two Chinese firms - Linkyun Technology Private Limited and Dokypay Pvt Ltd - and others based on a FIR registered by Hyderabad CCS Police

Consumer confidence remained quite low in November compared to the year ago period as the general economic situation continued to remain grim during the month, reveals a latest survey by RBI; All new vehicles sold in Japan by mid-2030 will either be hybrid, electric or fuel cell cars in an attempt to achieve the Yoshihide Suga-led government's pledge of making Japan carbon neutral by 2050. Watch this and more on News Blast.

Consumer confidence remains grim in Nov, optimism intact for year ahead: RBI Consumer confidence remained quite low in November compared to the year ago period as the general economic situation continued to remain grim during the month, reveals a latest survey by the Reserve Bank of India. The Indian households, however, remained optimistic about the situation one year from now. The consumer confidence index (based on the current situation) improved marginally to 52.3 in November, against a...

Last month, India strongly underlined its interest in the liquor baron's expeditious extradition during talks between Foreign Secretary Harsh Vardhan Shringla and UK Home Secretary Priti Patel in London

RBI panel's proposal to allow big corporates/industrial houses to own and run banks and NBFCs is contrary to RBI's own earlier stand, economic logic and historical evidence of multiple economic crises caused by reckless private financial sector players

Mallya, wanted in India over fraud and money laundering charges in relation to loans taken out by his now-defunct Kingfisher Airlines from state-owned Indian banks, has been found to have a case to answer in India by the UK courts

The Centre had on October 5 told the apex court that Mallya cannot be extradited to India until a separate secret legal process in the United Kingdom, which is judicial and confidential in nature is resolved

The lawyer married the London-based artist at a church and the ceremony was reportedly attended by only 15 people including close friends and family

SBI senior counsel Mukul Rohatgi, informed the apex court that Mallya is facing bankruptcy proceedings in the UK, besides extradition proceedings