The probe comes after a direction from Supreme Court-appointed Special Investigation Team (SIT) in this regard.

The report pegs cumulative illicit outflows from developing economies at $7.8 trillion between 2004 and 2013, the last year for which data ...

A whopping $51 billion siphoned out of the country per annum between 2004-2013, a US-based think-tank's report has said.

The government has taken a host of steps, including enactment of the black money law, to deal with unaccounted overseas assets.

Wealth earned from crime, corruption and tax evasion, and illegally taken out of the country tops India's total spending on education or he...

In a report last month, GFI said that the outflow of black money from India to foreign countries has increased nine-fold from USD 10 billio...

Overall, just in 2012, nearly a trillion dollars ($991 billion) in illicit capital flowed out of developing and emerging economies the stud...

India has replaced Malaysia as the fourth largest exporter of black money after China, Russia and Mexico for the 10-year period from 2003-2...

China is on the top with $249.57 billion, followed by Russia with $122.86 billion in terms of the quantum of black money moving out of a co...

In 2011, over Rs 4 lakh crore worth of black money was illegally taken out of India, a new report by the international watchdog Global Fina...

"USD 123 billion is a massive amount of money for the Indian economy to lose," said Dev Kar, GFI lead economist and co-author of the report.

A report has calculated that between $104 bn and $128 bn was illegally siphoned out of India in the decade spanning 2000 to 2009.

India witnessed illicit financial outflows of a staggering USD 128 billion during the 10 years to 2009, making it one of the biggest victim...

The Income Tax Department has begun opening overseas tax units in countries with low tax.

The amount is nearly 40% of India's GDP, and nearly 12 times the size of estimated loss to govert because of 2G spectrum scam.

The figures of $125 billion illicit outflow of money from India are part of a report to be released by the Washington-based Global Financia...

A US-based organisation has ranked India fifth in the list of 160 developing countries suffering from the outflow of huge amounts of money ...