It suggests to the Indian mind that there are individuals who are pursuing wealth for the sake of wealth; and in the process, throwing in names of two sons of politicians.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
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.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
Congratulations, for making me your fan dear author. I salute you! And I have to say I am becoming a fan of the Print.
I couldn’t agree more with you. Almost 100 percent of India’s listed companies on BSE and NSE have investments from foreign holdings. Almost ALL our FDI comes from Mauritius, Singapore, and the Virgin Islands. Almost ALL big media companies have investments from foreign holdings, be it NDTV, ZEE, Times or other recent small groups. Tax avoidance is not criminal, tax evasion is. My impression is that Indian express has been conflating the two and confusing its readers to get more visits. Indian Express didn’t even bother to put the DISCLAIMER that ICIJ.org put on its website that these transactions could be genuine. As a reader, I was left scratching my head as there was nothing of substance. Where was the criminality? Are Jayant Sinha, Sachin Pilot guilty of something? Or this is just plain old Punjab Kesri: “Kya Kuein mein Chudail hai” story?
Paradise Papers has brought a lot of classified information about offshore entities into the public domain. If someone who is named – 714 from India – has done nothing shameful, it is a simple matter to put out a press release, explaining the nature of the investment / relationship and how this is duly reflected in audited accounts and tax filings.
Congratulations, for making me your fan dear author. I salute you! And I have to say I am becoming a fan of the Print.
I couldn’t agree more with you. Almost 100 percent of India’s listed companies on BSE and NSE have investments from foreign holdings. Almost ALL our FDI comes from Mauritius, Singapore, and the Virgin Islands. Almost ALL big media companies have investments from foreign holdings, be it NDTV, ZEE, Times or other recent small groups. Tax avoidance is not criminal, tax evasion is. My impression is that Indian express has been conflating the two and confusing its readers to get more visits. Indian Express didn’t even bother to put the DISCLAIMER that ICIJ.org put on its website that these transactions could be genuine. As a reader, I was left scratching my head as there was nothing of substance. Where was the criminality? Are Jayant Sinha, Sachin Pilot guilty of something? Or this is just plain old Punjab Kesri: “Kya Kuein mein Chudail hai” story?
Paradise Papers has brought a lot of classified information about offshore entities into the public domain. If someone who is named – 714 from India – has done nothing shameful, it is a simple matter to put out a press release, explaining the nature of the investment / relationship and how this is duly reflected in audited accounts and tax filings.