-National Herald The Pandora Papers raise issues that need serious introspection. Even if the Wealth has been salted away legally, does it reflect a flight of capital? Do HNIs feel their Wealth is not secure in India? What is different about the Pandora Papers from the earlier Panama Papers leaks, revealed by ICIJ five years ago? Unlike the Panama papers which were leaks from a single source, a law firm called Mossack...
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Over 300 Indian Names in New Data Leak That Sheds Light on Offshore Dealings: Report
-TheWire.in So far, four Indian names have come out as part of the 'Pandora Papers': Sachin Tendulkar, Anil Ambani, the sister of Nirav Modi, and the husband of Kiran Mazumder Shaw. New Delhi: A new global leak of financial data promises to expose the secret offshore dealings and hidden assets of the world’s elite, including over 300 Indians. This new dataset comes from the International Consortium of Investigative Journalists (ICIJ) which obtained nearly...
More »Modi’s net worth ₹3.07 crore, rises by ₹22 lakh, as per his latest declaration -Saubhadra Chatterji
-Hindustan Times PM Modi, like many ministers, doesn’t have any stock market exposure and his investments continue to be in the form of National Savings Certificate ( ₹8.9 lakh), life insurance policies ( ₹1.5 lakh) and L&T infrastructure bonds, which he bought in 2012 for ₹20,000 Prime Minister Narendra Modi’s net worth is ₹3.07 crore as per his latest declaration, a rise of ₹22 lakh from last year’s ₹2.85 crore, according to...
More »'Hindu Khatre Me Hain'?: Four years of Yogi Raj witnessed 42 sadhus killed in Uttar Pradesh
-National Herald Reports that at least 42 sadhus or holy men have been murdered in different districts in Uttar Pradesh have sent shockwaves through the state. In most cases they seem to have been killed by disciples The death of Mahant Narendra Giri, President of Akhil Bharatiya Akhara Parishad (ABAP), and Mahant of Baghambri Gaddi Math in Prayagraj has opened a Pandora’s box. Sordid details of property, disproportionate assets, temple employees' lavish...
More »India's income divide narrows, Wealth divide persists: Survey data -Ishaan Gera
-Business Standard The top 10 per cent among the country's households own more than 50 per cent of the assets. India’s top 10 per cent households three years ago held 55.67 per cent of the Wealth in urban areas and 50.84 per cent of it in rural, shows data released by a state survey last week. Results from the National Sample Survey Organisation’s All India Debt and Investment Survey (AIDIS) for 2018-19 are...
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