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London court orders Nirav Modi to repay Bank of India dues

A London court has ruled against diamond merchant Nirav Modi in a financial dispute involving Bank of India, ordering him to repay approximately $10.7 million linked to a defaulted corporate loan. The judgment strengthens the bank’s claim that Modi remains personally liable under a guarantee tied to funding extended to his overseas diamond trading entity. Court upholds personal guarantee obligation

Finance & Economics

24 Jun 2026 04:16 AM 7 views

London court orders Nirav Modi to repay Bank of India dues

A London court has ruled against diamond merchant Nirav Modi in a financial dispute involving Bank of India, ordering him to repay approximately $10.7 million linked to a defaulted corporate loan. The judgment strengthens the bank’s claim that Modi remains personally liable under a guarantee tied to funding extended to his overseas diamond trading entity. Court upholds personal guarantee obligation

Finance & Economics

Zohran Mamdani Calls for Kohinoor Diamond Return Ahead of Royal Visit

Zohran Mamdani has renewed debate over colonial history by suggesting that any future meeting with King Charles III should include a discussion about the return of the Kohinoor diamond. Speaking at a press conference in New York, Mamdani said he would encourage the British monarch to consider returning the historic gemstone, widely regarded in India as a symbol of colonial-era exploitation. His remarks come ahead of King Charles and Queen Camilla’s planned visit to the One World Trade Center to mark the 25th anniversary of the September 11 attacks, an event Mamdani is expected to attend. The Kohinoor diamond, originally mined in southern India, passed through several South Asian empires before being taken by the British East India Company in 1849 after the Second Anglo-Sikh War. It was formally transferred under the Treaty of Lahore, signed by Maharaja Duleep Singh, and later became part of the British Crown Jewels. Today, the 105.6-carat diamond remains displayed in the Tower of London, continuing to draw attention as a contested artifact. Mamdani’s comments place the issue within a broader international movement seeking the return of cultural heritage objects held in Western institutions. Similar demands have been made by Greece for the Elgin Marbles and by Nigeria for the Benin Bronzes. While British authorities maintain the Kohinoor was acquired legally, critics argue the agreement occurred under coercive conditions. By raising the issue in a diplomatic context, Mamdani has shifted the conversation beyond ceremony, highlighting ongoing questions of historical accountability and the legacy of empire.

Global News

29 Apr 2026 19:37 PM 1.08k views

Zohran Mamdani Calls for Kohinoor Diamond Return Ahead of Royal Visit

Zohran Mamdani has renewed debate over colonial history by suggesting that any future meeting with King Charles III should include a discussion about the return of the Kohinoor diamond. Speaking at a press conference in New York, Mamdani said he would encourage the British monarch to consider returning the historic gemstone, widely regarded in India as a symbol of colonial-era exploitation. His remarks come ahead of King Charles and Queen Camilla’s planned visit to the One World Trade Center to mark the 25th anniversary of the September 11 attacks, an event Mamdani is expected to attend. The Kohinoor diamond, originally mined in southern India, passed through several South Asian empires before being taken by the British East India Company in 1849 after the Second Anglo-Sikh War. It was formally transferred under the Treaty of Lahore, signed by Maharaja Duleep Singh, and later became part of the British Crown Jewels. Today, the 105.6-carat diamond remains displayed in the Tower of London, continuing to draw attention as a contested artifact. Mamdani’s comments place the issue within a broader international movement seeking the return of cultural heritage objects held in Western institutions. Similar demands have been made by Greece for the Elgin Marbles and by Nigeria for the Benin Bronzes. While British authorities maintain the Kohinoor was acquired legally, critics argue the agreement occurred under coercive conditions. By raising the issue in a diplomatic context, Mamdani has shifted the conversation beyond ceremony, highlighting ongoing questions of historical accountability and the legacy of empire.

Global News

UK-India Bolster Ties; Starmer: India 'Economic Superpower in the Making'

India is rapidly emerging as an economic superpower, said British Prime Minister Keir Starmer during his visit to Mumbai on Thursday. He highlighted that India, the world’s largest democracy, is on track to become the third-largest economy by 2028. “The United Kingdom is perfectly placed to be a partner in this journey,” Starmer said while addressing reporters in Mumbai. Earlier in the day, Keir Starme

Political News

09 Oct 2025 12:29 PM 429 views

UK-India Bolster Ties; Starmer: India 'Economic Superpower in the Making'

India is rapidly emerging as an economic superpower, said British Prime Minister Keir Starmer during his visit to Mumbai on Thursday. He highlighted that India, the world’s largest democracy, is on track to become the third-largest economy by 2028. “The United Kingdom is perfectly placed to be a partner in this journey,” Starmer said while addressing reporters in Mumbai. Earlier in the day, Keir Starme

Political News

Iconic Gandhi Statue Vandalised In London Ahead Of Gandhi Jayanti, India Condemns Act

Mahatma Gandhi’s iconic statue at Tavistock Square in London was vandalised on Monday, just days before Gandhi Jayanti on October 2. The incident has sparked outrage in India and abroad, with the Indian High Commission in the UK strongly condemning the act as shameful and an attack on the legacy of nonviolence. The plinth of the bronze statue, which depicts Gandhi in a meditative seated posture, was defac

Global News

29 Sep 2025 23:53 PM 462 views

Iconic Gandhi Statue Vandalised In London Ahead Of Gandhi Jayanti, India Condemns Act

Mahatma Gandhi’s iconic statue at Tavistock Square in London was vandalised on Monday, just days before Gandhi Jayanti on October 2. The incident has sparked outrage in India and abroad, with the Indian High Commission in the UK strongly condemning the act as shameful and an attack on the legacy of nonviolence. The plinth of the bronze statue, which depicts Gandhi in a meditative seated posture, was defac

Global News

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#indiaukrelations

London court orders Nirav Modi to repay Bank of India dues

London court orders Nirav Modi to repay Bank of India dues

Zohran Mamdani Calls for Kohinoor Diamond Return Ahead of Royal Visit

Zohran Mamdani Calls for Kohinoor Diamond Return Ahead of Royal Visit

UK-India Bolster Ties; Starmer: India 'Economic Superpower in the Making'

UK-India Bolster Ties; Starmer: India 'Economic Superpower in the Making'

Iconic Gandhi Statue Vandalised In London Ahead Of Gandhi Jayanti, India Condemns Act

Iconic Gandhi Statue Vandalised In London Ahead Of Gandhi Jayanti, India Condemns Act

Trump administration to implement AI oversight, reversing earlier stance

Indian-Origin CEOs Lead $10 Trillion Global Companies: HSBC Hurun List 2024

Helium Leaks Disrupt Space Missions: Challenges and Alternatives

Lucknow fire: 2016 demolition order under scanner

TCS Campus in Vizag to Spark IT Boom, Says Lokesh, Echoing Microsoft’s Hyderabad Revolution

Major road closures on Sept. 20 due to cycling race event

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Trump administration to implement AI oversight, reversing earlier stance

Indian-Origin CEOs Lead $10 Trillion Global Companies: HSBC Hurun List 2024

Helium Leaks Disrupt Space Missions: Challenges and Alternatives

Lucknow fire: 2016 demolition order under scanner

TCS Campus in Vizag to Spark IT Boom, Says Lokesh, Echoing Microsoft’s Hyderabad Revolution

Major road closures on Sept. 20 due to cycling race event

Deputy and Suspect Injured in Houston Courthouse Shootout, Authorities Say

Mosaic Asset Management CEO Predicts Extended Economic Slowdown in India

Bangladesh Unrest Deepens As Sheikh Hasina Blames Yunus Govt For Rising Extremism And Violence

NSE Nifty 50 and BSE Sensex Continue Record Rally, Driven by Maruti Suzuki and Mahindra

#indiaukrelations

London court orders Nirav Modi to repay Bank of India dues

London court orders Nirav Modi to repay Bank of India dues

Zohran Mamdani Calls for Kohinoor Diamond Return Ahead of Royal Visit

Zohran Mamdani Calls for Kohinoor Diamond Return Ahead of Royal Visit

UK-India Bolster Ties; Starmer: India 'Economic Superpower in the Making'

UK-India Bolster Ties; Starmer: India 'Economic Superpower in the Making'

Iconic Gandhi Statue Vandalised In London Ahead Of Gandhi Jayanti, India Condemns Act

Iconic Gandhi Statue Vandalised In London Ahead Of Gandhi Jayanti, India Condemns Act

Trump administration to implement AI oversight, reversing earlier stance

Indian-Origin CEOs Lead $10 Trillion Global Companies: HSBC Hurun List 2024

Helium Leaks Disrupt Space Missions: Challenges and Alternatives

Lucknow fire: 2016 demolition order under scanner

TCS Campus in Vizag to Spark IT Boom, Says Lokesh, Echoing Microsoft’s Hyderabad Revolution

Major road closures on Sept. 20 due to cycling race event

Deputy and Suspect Injured in Houston Courthouse Shootout, Authorities Say

Mosaic Asset Management CEO Predicts Extended Economic Slowdown in India

Bangladesh Unrest Deepens As Sheikh Hasina Blames Yunus Govt For Rising Extremism And Violence

NSE Nifty 50 and BSE Sensex Continue Record Rally, Driven by Maruti Suzuki and Mahindra

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