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The crux of RBI’s assessment is that while the worst is over, the economy is not out of the woods yet(REUTERS)

The economy is still fragile | HT Editorial

By HT Correspondent | Hindustan Times
PUBLISHED ON OCT 12, 2020 06:22 AM IST
Financial sector stability and low demand remain key challenges
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Law violators spend or invest the illegitimate money not to gain profit but to conceal the source. They are fully capable of investing in a loss-making business.(PTI)
Law violators spend or invest the illegitimate money not to gain profit but to conceal the source. They are fully capable of investing in a loss-making business.(PTI)

Money laundering causes distortion in the economic statistics

By Karnal Singh
UPDATED ON FEB 05, 2019 07:52 AM IST
We need complete devotion to ensure that the development of the country is not hindered due to vested interests and corrupt elements in the society.
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Shipments of pearls, precious and semi-precious stones in March stood at $3.03 billion, an increase of 17% from a month ago, according to commerce ministry data.(Daniel Acker/Bloomberg)
Shipments of pearls, precious and semi-precious stones in March stood at $3.03 billion, an increase of 17% from a month ago, according to commerce ministry data.(Daniel Acker/Bloomberg)

Jump in pearl imports hints at capital flight from India, says Credit Suisse

By Nupur Acharya | Bloomberg
UPDATED ON APR 18, 2018 03:56 PM IST
A spurt in imports of precious stones and pearls, at a time when gold imports have moderated, has raised the red flag for analysts at Credit Suisse AG, who say it is a “hint” at capital leaving the country.
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