Fugitive diamond merchant Mehul Choksi, wanted in the Rs 14,000-crore Punjab National Bank fraud, has been arrested in Belgium based on India’s extradition request. He is accused of colluding with bank officials to fraudulently obtain financial instruments, causing significant losses. Choksi’s legal team is preparing to challenge the extradition, citing his medical condition as a key factor. Post navigation Stock Markets closed on April 14 for Ambedkar Jayanti The $22 billion pivot: Apple’s India gamble starts to pay off amid US-China trade war