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Black money: Luxembourg offers to send financial experts team

Last Updated: Monday, March 2, 2015, 23:42

Luxembourg, one of the biggest routes for investments into India, today offered to send a team of experts here to brief the government on measures taken by it to curb illegal financial transactions.

Black money outflow from India increases nine-fold

Last Updated: Tuesday, December 16, 2014, 16:38

The outflow of black money from India to foreign countries has increased nine-fold from USD 10 billion in 2003 to USD 94.7 billion in 2012.

India to get banking info from Switzerland on liberal terms

Last Updated: Monday, April 30, 2012, 15:35

Under a mutual agreement reached on April 20 between the two countries, Switzerland has agreed to give liberal interpretation to the provisions concerning identities of Indian citizens.