-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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Where are the 300 tonnes of emergency Covid-19 supplies that have landed in Delhi in last five days? -Arunabh Saikia & Supriya Sharma
-Scroll.in No domestic flights have taken off to carry the supplies to other parts of India, nor have states been informed about their share by the Centre. In the past five days, 25 flights loaded with 300 tonnes of emergency Covid-19 relief supplies have landed in India’s capital from around the world. The supplies include 5,500 oxygen concentrators, 3,200 oxygen cylinders and 1,36,000 remdesivir injections, said a spokesperson of the Delhi International...
More »No, Coronavirus crisis is no turning point for globalisation -Sanjaya Baru
-The Indian Express In the short term, there will be flight to safety of people worried about a pandemic, as there is of capital during a financial crisis. When normalcy returns, the globalised Indian will fly away once again. As people return home from distant lands, global value chains get disrupted and cross-border movement comes to a grinding halt, new theories are being propounded about the end of globalisation and the return...
More »Delhi air crosses severe level, PMO steps in, Centre to monitor -Esha Roy
-The Indian Express Delhi, Punjab and Haryana asked to send enforcement teams: Top official With Air pollution levels increasing to ‘severe levels’ in the National Capital region and Air Quality Index measuring an alarming 494 Sunday, with at least 37 flights diverted between 9 am and 1 pm because of poor visibility, the Prime Minister’s Office (PMO) Sunday called a review meeting on air pollution in Delhi and its surrounding areas. A...
More »Why are resident Indians remitting more money abroad than ever before?
-TheWire.in From $1 billion in 2012 to over $13 billion in 2018, higher remittances could indicate greater spending abroad as rich Indians look to diversify or the beginnings of a flight of capital. New Delhi: Indians sent more money out of the country than ever before in July 2019 under the liberalised remittance scheme (LRS), in a development that comes even as the Narendra Modi government looks to attract foreign direct...
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