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Belgium rejects Choksi’s plea against extradition

Financial Express Delhi

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December 10, 2025

BELGIUM'S SUPREME COURT — the Court of Cassation — on Tuesday rejected the appeal of fugitive diamond trader Mehul Choksi challenging the extradition request of India in connection with the =13,000-crore alleged bank fraud in Punjab National Bank, authorities in that country said.

- ABHISHEK SHUKLA

Choksi, who escaped to Antigua and Barbuda in January 2018, days before the scam was detected, was spotted in Belgium, where he had purportedly sought treatment. India had sent an extradition request to Belgium on August 27, 2024, based on arrest warrants issued by a special court in Mumbai.

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Financial Express Delhi

Fast adoption, not invention, to define AI winners: Nadella

MICROSOFT CHAIRMAN AND Chief Executive Satya Nadella on Wednesday said that the winners of the global AI race will be determined by how quickly countries and companies adopt the technology rather than who invents it.

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1 min

December 11, 2025

Financial Express Delhi

India's offer is the best we've ever got: USTR

· US team in Delhi for trade deal talks

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1 min

December 11, 2025

Financial Express Delhi

India-EU deal blueprint almost ready, says Goyal

FTA TRACKER

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1 mins

December 11, 2025

Financial Express Delhi

US court reverses $1-bn order against Byju Raveendran

A US BANKRUPTCY court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn - the parent firm of edtech platform Byju's.

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1 min

December 11, 2025

Financial Express Delhi

UK MSMEs major gainers from FTA

BUSINESSES FROM THE UK are deepening their engagement with Indian medium, micro and small enterprises (MSMEs) with 58% of UK firms in India are classified as MSMEs, a report by Grant Thornton shows.

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1 min

December 11, 2025

Financial Express Delhi

IFFCO scouting for JVs in Lanka, Jordan & Senegal

AS IMPORT OF raw materials is constrained by global conflicts, fertiliser cooperative IFFCO is scouting to set up joint venture manufacturing facilities in Sri Lanka, Jordan and Senegal, with an option of buying back the soil nutrients, KJ Patel, managing director, IFFCO said.

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1 min

December 11, 2025

Financial Express Delhi

IndiGo looks to hire 50 expat pilots to meet FDTL deadline

BELEAGUERED INDIGO IS preparing to tap pilot pools in South Africa, Indonesia and the Philippines as it races to meet the February 10 deadline to comply with the Directorate General of Civil Aviation's revised flight duty time limitations (FDTL) rules, multiple people familiar with the airline's planning told FE.

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1 min

December 11, 2025

Financial Express Delhi

State refiners lead in Russia oil deals; RIL halts purchases

FOUR OUT OF seven largest refiners in India are now in the market for Russian crude as deep discounts push buyers to seek out non-sanctioned barrels, even as heavyweight Reliance Industries stays away.

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2 mins

December 11, 2025

Financial Express Delhi

Amazon adds $35 bn to India cart

INVESTMENT TO ADVANCE AI-LED DIGITISATION, EXPORT GROWTH, JOB CREATION

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1 min

December 11, 2025

Financial Express Delhi

Consumer durables loans revive on GST cut, festive demand

After RBI diktat, banks have scaled down unsecured personal loan exposure including consumer durables

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1 min

December 11, 2025

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