SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
If Vinod Rai was asked to estimate the amount it would have been no less than one lakh trillion. I don’t understand why one should be miserly with zeroes?
Tilting at windmills. All this obsession with black money has got us is Demonetisation. At a conservative estimate, the total clandestine wealth held abroad by Indian citizens would be at least $ 2 trillion, say one year’s GDP. The only way it can be retrieved by the nation – the more dismissive would call it round tripping – is to create conditions where it can be attracted back through superior returns on the stock market and other investment opportunities. From a pragmatic perspective, the least desirable approach is to make this the fodder of an election campaign. After a time, voters will yawn.
If Vinod Rai was asked to estimate the amount it would have been no less than one lakh trillion. I don’t understand why one should be miserly with zeroes?
These people who conducted studies need to be awarded Nobel prize.. our brains supervisor than Chanakya.
Tilting at windmills. All this obsession with black money has got us is Demonetisation. At a conservative estimate, the total clandestine wealth held abroad by Indian citizens would be at least $ 2 trillion, say one year’s GDP. The only way it can be retrieved by the nation – the more dismissive would call it round tripping – is to create conditions where it can be attracted back through superior returns on the stock market and other investment opportunities. From a pragmatic perspective, the least desirable approach is to make this the fodder of an election campaign. After a time, voters will yawn.