Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Opinion / Online-views/  Less dirty money in India?
BackBack

Less dirty money in India?

Less dirty money in India?

Premium


According to a study by Factiva.com, a database of about 10,000 publications, India improved its rank by one place on a benchmark of how often it is referenced in international media with reference to money laundering or major corruption cases. Though the exercise doesn’t exactly capture the incidence of money laundering in India, it is seen indicative of the illegal activity. India’s 5,045 mentions are broken down in the following categories: corruption accounted for 60% of the citations followed by fraud with 29%, money laundering with 7%, politically-exposed persons with 2.5% and 1.5% terrorist financing.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 25 May 2007, 10:03 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App