01/02/2012

India's FII outflows highest among BRIC nations

According to data compiled by EPFR Global, FIIs withdrew over $4 billion from India in 2011, against an inflow of $1.35 billion in 2010. EPFR Global tracks foreign fund flows across markets and different asset classes.

12/01/2011

Central banks respond to growing risks

An extension of liquidity arrangements by major central banks and a cut in reserve requirements by the People’s Bank of China were announced yesterday.

10/20/2011

Tax Information Exchange Agreements 'don't work'

The shortcomings of a pact designed to catch tax evaders have inadvertently been highlighted by offshore tax lawyers who said their clients' confidentiality and funds can still be hidden from view, a tax campaigner has argued.