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Nirav Modi further remanded in UK prison until August 22

FUGITIVE diamond merchant Nirav Modi, wanted in India in connection with the nearly $2 billion Punjab National Bank (PNB) fraud and money laundering case, was on Thursday (25) further remanded to judicial custody until August 22.

During a short remand hearing at Westminster Magistrates' Court via videolink from Wandsworth prison, the judge extended Modi's remand till August 22.


Modi, 48, has been lodged at Wandsworth prison in south-west London since his arrest in March in connection with the nearly $2bn PNB fraud and money laundering case.

He appeared for the first time since his bail appeal was rejected by the UK High Court earlier last month.

(PTI)

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India-UK trade deal set for May rollout as tariffs fall and market access expands

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India-UK trade deal set for May rollout

  • India-UK trade deal likely to come into force from the second week of May.
  • 99 per cent of Indian exports to enter UK at zero duty under the pact.
  • Tariffs on whisky and cars to fall significantly over the coming years.

The India-UK free trade agreement, signed in July last year, is expected to come into force from the second week of May, according to an official familiar with the development. The move could mark a significant shift in how goods move between the two countries, particularly in sectors such as automobiles, textiles and consumer goods.

Formally signed on July 24, 2025, the Comprehensive Economic and Trade Agreement is designed to ease trade barriers and expand market access on both sides. The deal, along with the Double Contributions Convention, is expected to be implemented in parallel, aiming to streamline both trade and workforce mobility between India and the UK.

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