Vadra is being investigated by the central probe agency in three different money laundering cases. The two others pertain to alleged irregularities in land deals.
ED claims that a commercial license for the 3.5 acre land parcel—initially denied—was granted after Vadra's firm applied for it. He was summoned for the 3rd straight day Thursday.
Crowded cities are rich because there is greater division of labour. The extent of the division of labour depends on the size of the market, wrote Sauvik Chakraverti in 2002.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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