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Nirav Modi Seeks To Reopen UK Extradition Trial, Claims Risk Of Interrogation In India
World

Nirav Modi Seeks To Reopen UK Extradition Trial, Claims Risk Of Interrogation In India

New Delhi, Oct 4 (PTI) A London court will on November 23 hear fugitive diamantaire Nirav Modi's petition to reopen his extradition trial on the grounds that he may face interrogation by agencies if repatriated to India, a claim agencies are likely to counter with an assurance that he will not be quizzed. Modi, who has exhausted all his legal appeals till the Supreme Court, had approached the Westminster Court with a plea to reopen his extradition trial, understood to be on the grounds that if extradited to India, he would be subjected to interrogation by various agencies, which may result in torture, they said. The agencies probing the matter may reiterate their past assurance to the court that Modi, when extradited, will be put to trial in accordance with Indian laws and will not face any interrogation by the agencies. "We have already filed the chargesheets in the case. His questioning is not needed as of now. Our investigation is almost complete. He is needed to face the trial. In case the court in the United Kingdom asks us, we may reiterate our assurance that he will not be subjected to any interrogation if extradited to India. We have given such assurance in the past as well," an official in the know of developments said. All the investigative agencies that are working on cases against Modi -- accused of siphoning off over Rs 6,498 crore through hundreds of Letter of Undertakings issued fraudulently from Punjab National Bank -- are on the same page that his interrogation is not needed. India has already told the UK that Modi would be kept in barrack 12 of the Arthur Road Prison in Mumbai, which has no threat of any violence, overcrowding, mistreatment and has a medical facility. He would face trial in accordance with Indian laws, and no fresh charges will be slapped on him, the agencies have assured the UK. Once a shining star of the Indian jewellery business whose brand 'Nirav' attracted the attention of global celebrities, the 54-year-old diamantaire was arrested on an extradition warrant on March 19, 2019. The then UK home secretary, Priti Patel, had ordered his extradition in April 2021. He has been in prison in London for nearly six years Modi has since exhausted his legal appeals in the case up to the Supreme Court and made several bail applications, which have all been turned down over his real and substantial flight risk. Modi is facing three sets of criminal proceedings -- the Central Bureau of Investigation (CBI) case of fraud involving the Punjab National Bank (PNB), the Enforcement Directorate (ED) case relating to the alleged laundering of the proceeds of that fraud and a third set of criminal proceedings involving alleged interference with evidence and witnesses in the CBI proceedings.  (This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)

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11 months ago
Rohit Sharma, Virat Kohli fit and key for India: Ajit Agarkar
Sports

Rohit Sharma, Virat Kohli fit and key for India: Ajit Agarkar

BCCI chief selector Ajit Agarkar confirmed Shubman Gill as India's new ODI captain, consolidating leadership across formats. Rohit Sharma and Virat Kohli will remain key players for the Australia tour, having passed fitness tests, despite playing only one format. Rohit is expected to open with Gill, balancing experience with fresh leadership.

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11 months ago
3 Reasons Why Retail Investors Claim This To Be The Next Big Crypto With 1500% Upside
Business

3 Reasons Why Retail Investors Claim This To Be The Next Big Crypto With 1500% Upside

After recent crypto volatility, retail investors are increasingly seeking DeFi projects that combine high-yield potential with structural safety. Mutuum Finance (MUTM) is emerging as a prominent contender in this rotation, offering opportunities reminiscent of early breakout tokens but with clear utility and reflexive demand. Currently in Phase 6 of its presale, MUTM is priced at $0.035 with 55% of the 170 million token allocation already sold, raising around $16.7 million. Holders now exceed 16,750, and the total supply is fixed at 4 billion MUTM tokens. The next presale phase, Phase 7, will increase the price to $0.040, creating an immediate incentive for early participation. For retail traders considering whether investing in crypto is worthwhile, MUTM provides a combination of accessible entry, clear growth mechanics, and potential for large multiples over the next few years. Three Retail-Driven Catalysts for Explosive Returns Mutuum Finance (MUTM) is designed to generate recurring demand and sustainable growth, appealing directly to retail investors seeking predictable and amplified returns. The first driver is stable interest lending. Retail participants will be able to deposit assets into P2C pools with predictable, utilization-based rates. For example, a $10,000 USDT deposit at a stable 15% APY generates $1,500 annually. Borrowers benefit from overcollateralized lending with adjustable stable or variable rates, ensuring access to liquidity while maintaining systemic stability. This predictable model provides retail investors clarity even during turbulent market periods, making MUTM a strong candidate for those looking for structured returns when crypto prices today fluctuate. The second retail-driven catalyst is reflexive mtToken demand. Depositors receive mtTokens representing their pool shares, which accrue interest and can also be staked in smart contracts for MUTM rewards. Revenue generated from borrowing and liquidation flows into the treasury, which will be deployed for open-market MUTM buybacks. This mechanism transforms protocol revenue into buying MUTMs from the open market, creating a compounding growth effect. Early presale buyers at $0.035 will benefit from Phase 7 pricing at $0.040, with numerical models projecting 1500% upside for those leveraging deposit and staking strategies. The combination of compounding staking rewards and strategic buybacks will create persistent upward pressure on token demand, positioning MUTM as a token with both retail appeal and structural leverage. The third catalyst is accessibility to P2P markets. Retail investors can engage with volatile or meme tokens such as SHIB, and PEPE in isolated pools that do not threaten the core protocol liquidity. Borrowers posting high-risk collateral gain liquidity for strategic trades while lenders earn elevated returns from higher-risk pools. These markets allow retail participants to capture outsized returns without compromising the stability of the main protocol, a feature increasingly sought after after events like the recent crypto crash today. Mutuum Finance (MUTM) combines these mechanisms to create a transparent and scalable model for retail investors seeking both yield and security. Roadmap, Security, and Future Catalysts Mutuum Finance (MUTM) will continue to build investor confidence with a clear roadmap and robust security measures. Phase 3 beta will launch alongside the token listing, allowing retail users to test borrowing, staking, and stablecoin flows in a controlled environment. Layer-2 integration will reduce transaction costs and latency, providing smoother user experiences and encouraging higher transaction volume. Upcoming Tier-1 exchange listings on platforms like Coinbase will expand liquidity access, supporting token velocity and adoption. Security remains a cornerstone, with a CertiK audit scoring Token Scan 90.00 and Skynet 79.00. The $50,000 bug bounty and $100,000 giveaway incentivize community participation while promoting trust and early adoption. With over 12,000 social followers, MUTM is cultivating a retail community primed for engagement and growth. Beyond mechanics and security, Mutuum Finance (MUTM) will integrate reflexive demand generation through stablecoin minting and borrowing. Liquidation penalties partially feed the treasury, which will convert to buybacks and staking rewards, providing continuous reinforcement of demand. The combination of structured deposits, staking rewards, and Layer-2 transaction efficiency ensures retail investors can clearly visualize potential returns. Considering market interest and ongoing discussions around whether crypto investing is worthwhile, MUTM positions itself as a retail-focused DeFi token with numerical models supporting a 1500% potential upside for early participants. With 55% of tokens sold and Phase 7 raising the price to $0.040, early investors are positioned to benefit from immediate presale gains while setting up exposure to long-term multiples. Retail traders observing crypto predictions will recognize MUTM’s mechanics as both innovative and aligned with systemic growth. Numerical examples illustrate this potential: a Phase 6 investor at $0.035 could realize multi-year returns exceeding 1500% as the token accrues value through buybacks, treasury reinforcement, and expanding adoption post beta launch. MUTM provides a compelling opportunity for retail investors to participate in structured, yield-driven growth while engaging with a token engineered for velocity and long-term upside. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance Disclaimer: This is a sponsored article. ABP Network Pvt. Ltd. and/or ABP Live do not endorse/subscribe to its contents and/or views expressed herein. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

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11 months ago
RBI leaves room for rate cuts in future; tariff risks loom: Report
Business

RBI leaves room for rate cuts in future; tariff risks loom: Report

The Reserve Bank of India kept its policy interest rate unchanged at 5.5 per cent for the second consecutive meeting, despite significantly lowering inflation projections. While retaining flexibility for future reductions, the central bank expressed concerns over US tariff-related uncertainties impacting GDP growth. Low inflation and potential US Federal Reserve rate cuts could create space for future RBI rate cuts.

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11 months ago
FBI Director Kash Patel Fires Trainee Over Pride Flag Display At Workplace
World

FBI Director Kash Patel Fires Trainee Over Pride Flag Display At Workplace

FBI Director Kash Patel dismissed a trainee agent on October 1, 2025, reportedly for placing a Pride flag at his desk during a previous assignment, sources say. The dismissal letter, obtained by MSNBC and cited by CNN, criticized the agent for “poor judgment” and an “inappropriate display of political signage.” While the letter did not explicitly mention the Pride flag, sources indicate that this was the primary reason for the termination. Prior to his training at Quantico, Virginia, the agent had served as an FBI support specialist in Los Angeles. During this time, he worked as a diversity program coordinator and displayed a Pride flag at his desk. Patel's letter cited the agent’s probationary status as a justification for the firing and invoked Article II powers under President Donald Trump as legal grounding for the dismissal. This legal basis has been cited in other recent dismissals at the Department of Justice and FBI. Veteran agents familiar with FBI norms told CNN that such displays of Pride flags have not historically violated bureau policy. This move follows a recent wave of firings under Patel’s leadership, including terminations related to agents who had knelt during the 2020 protests. Several of those cases are now drawing legal scrutiny over alleged political motivations in personnel decisions. The firing has sparked debate about workplace rights and diversity representation within federal agencies, with LGBTQ+ advocacy groups expressing concern over the precedent this sets for other probationary agents. Critics argue that such actions may undermine efforts to promote inclusion in government workplaces, while supporters insist it reflects adherence to strict internal protocols.

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11 months ago
Top 3 Rajasthan Royals Players Who Could Be Released Ahead Of IPL 2026 Auction
Sports

Top 3 Rajasthan Royals Players Who Could Be Released Ahead Of IPL 2026 Auction

The Indian Premier League (IPL) is very likely the most competitive T20 franchise league out there in the world, with extensive planning in the works for each team ahead of every season.  While the dates for the IPL 2026 Player Auctions are yet to be announced, the event is expected to take place either in late 2025 or early 2026. All franchises would look to secure the best squads, but Rajasthan Royals (RR), winners of the inaugural IPL in 2008, would especially want to bolster their unit after a disappointing run in the 2025 season. The side particularly faced problems chasing down totals. They used to start quite well but often faltered pretty close to the finish line. So, there are some players who might be released from their squad ahead of IPL 2026 auctions. Rajasthan Royals IPL 2026: Top 3 players who could be released  1) Shimron Hetmyer Shimron Hetmyer made a name for himself as a lethal finisher in T20s. He fulfilled this role quite well for the Delhi Capitals, and has even had succesful outings for the Royals. However, he struggled to finish games in IPL 2025, averaging just 21.72. Hence, RR might look to off-load him for a better finisher in the next season. 2) Tushar Deshpande Fast bowler Tushar Deshpande too had a rather uneventful IPL last year, and might be released from the Rajasthan Royals squad before the 2026 Player Auctions. In the 10 matches he played in 2025, Deshpande went for 340 runs. While he did pick 9 wickets, his economy for the season was 10.63. 3) Maheesh Theekshana Maheesh Theekshana is another player who could be released from the RR squad before the next season of IPL. The Sri Lankan, too, was rather unimpressive last year, playing 11 matches, in which he conceded 410 runs, picked 11 wickets, and had an economy of 9.76. Check out: India's 2027 World Cup Plans Unclear As Agarkar Says Rohit, Kohli 'Non-Committal'

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11 months ago
Ranbir and Deepika share a hug at Mumbai airport
Entertainment

Ranbir and Deepika share a hug at Mumbai airport

Deepika Padukone and Ranbir Kapoor reunited warmly at Mumbai airport, sharing hugs and a buggy ride that delighted fans. Their chemistry from hits like 'Yeh Jawaani Hai Deewani' sparked reunion hopes. Deepika recently exited 'Kalki 2898 AD' sequel over pay and role issues, following a similar exit from 'Spirit'.

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11 months ago
Inaamulhaq talks about casting agents' manipulation
Entertainment

Inaamulhaq talks about casting agents' manipulation

Inaamulhaq, the actor, speaks out against Bollywood casting practices. He highlights manipulation and favoritism by middlemen. Inaamulhaq questions the transparency of casting agents. Directors also face scrutiny for their role in shortlisting actors. He notes the frustration of many outsiders in the industry. This raises concerns about fairness in talent selection.

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11 months ago
Who Is Sanae Takaichi? Japanese Politician Set To Become Country's First Female Prime Minister
World

Who Is Sanae Takaichi? Japanese Politician Set To Become Country's First Female Prime Minister

Sanae Takaichi is set to break a historic barrier as Japan’s first female prime minister after being chosen to lead the long-ruling Liberal Democratic Party (LDP). The 64-year-old’s rise marks a landmark moment in a country that consistently ranks near the bottom on global gender equality indexes. Yet her appointment has sparked as much unease as celebration. While Takaichi has promised to promote women’s participation in government, critics point to her ultra-conservative views, which align more closely with Japan’s political establishment than with the aspirations of women pushing for change. Women’s Representation in Politics The challenges are stark. Women hold only about 15% of seats in the lower house of parliament, the more influential of Japan’s two chambers, and just two of the country’s 47 prefectures are led by female governors. Within the LDP itself, women are often relegated to minor cabinet roles, and their calls for greater diversity are frequently dismissed, according to an Associated Press report. Sceptics fear that Takaichi’s deep loyalty to the party’s male heavyweights could further stall progress on women’s rights. Traditionalist Outlook Throughout her career, Takaichi has resisted reforms that would expand opportunities for women. She has backed the LDP’s traditional stance that emphasises women’s roles as wives and mothers. She also opposes same-sex marriage, reforms to allow female succession in the imperial family, and proposals permitting married couples to keep separate surnames. At the same time, Takaichi has spoken candidly about her own health struggles during menopause, advocating for more awareness among men about women’s health issues in schools and workplaces. Political Journey First elected from her native Nara in 1993, Takaichi has built an extensive career in government, holding portfolios such as minister of economic security, internal affairs, and gender equality. She is known to admire former British prime minister Margaret Thatcher and has long championed the conservative vision of the late Shinzo Abe. Now, as the first woman to head the overwhelmingly male LDP — a party that has dominated Japanese politics for decades — she stands at the threshold of power with the potential to reshape history. An Unconventional Past Away from politics, Takaichi has cultivated an unusual public image. In her youth, she was a heavy-metal drummer and motorcycle enthusiast, passions that set her apart in Japan’s political circles. Her current agenda includes calls for a stronger military, expanded fiscal spending to fuel growth, greater investment in nuclear fusion, tighter immigration controls, and improved cybersecurity measures. Foreign Policy Stance Takaichi’s foreign policy views may prove divisive. A self-described revisionist on wartime history and an outspoken critic of China, she frequently visits the Yasukuni Shrine, a site that provokes anger in neighbouring countries. She has avoided laying out detailed plans for her premiership, but analysts describe her as hawkish on China and cautious in her approach to South Korea. Her hard-line positions could strain the LDP’s coalition with the moderate Komeito party, though she has indicated a willingness to work with far-right groups.

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11 months ago
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