News Digest: CEA's departure, Yoga day, what led PNB fraud and more

According to sources, the process of identifying Subramanian's successor has been under way for two months

1. Arvind Subramanian resigns before term; Jaitley announces CEA exit on FB

Union minister Arun Jaitley on Wednesday announced Chief Economic Advisor Arvind Subramanian’s departure in an unusual way through a blog on Facebook. Subramanian will step down within the next two months, after nearly four years in the role. His tenure with the government, extended last year, was to run till May 2019.

“A few days ago Chief Economic Advisor Arvind Subramanian met me over video-conferencing. He informed me that he would like to go back to the US on account of pressing family commitments. His reasons were personal but extremely