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Tags archives: 770-billion

USD 770 billion black money entered India in 2005-2014: Report

An estimated USD 770 billion in black money entered India during 2005-2014, US-based think tank Global Financial Integrity (GFI) has said in its latest report. Nearly USD 165 billion in illicit money exited the country during the same period, the global financial watchdog said. During 2014 alone, about USD 101 billion black money entered the country while USD 23 billion exited, the report added. “Illicit financial flows (IFFs) from developing […]