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The Dollar Drain
16 April, 2012, C.P. Chandrasekhar
With the government announcing the new liberalised norm for remittances for Indian residents, there has been a spurt in capital outflow from the country. The rising Indian appetite to invest abroad could prove a problem if uncertainty with regard to rupee rises, as such uncertainty could trigger capital flight in a liberalised environment.
Tainted Money
10 May, 2009, C.P. Chandrasekhar
There is increasing concern the world over regarding the role of tax havens in promoting tax evasion and money laundering. This is the opportunity to fulfil demands that the violations of law that permit the accumulation of illegal wealth abroad by India's rich and powerful in Swiss and similar banks accounts need to be investigated, the offenders must be prosecuted and the money brought back and directed towards pushing growth and improving welfare domestically.

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