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Article: INDIAN NEWSPAPER HIGHLIGHTS - DEC 22, 2008.
- Article from:
- AsiaPulse News
- Article date:
- December 22, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW DELHI, Dec 22 Asia Pulse - Highlights of today's newspapers:
THE ECONOMIC TIMES:
- The recent reports on donations to the Clinton Foundation throw up interesting interpretations, compared to RBI's published figures and remittance rules.
Total donations by resident individuals did not cross USD 1.6 million in 2007-08, according to the latest data released by the central bank. Therefore, an additional amount may have either gone through unofficial channels or out of funds parked earlier. The liberalised remittance scheme allows a resident individual to remit a maximum $200,000 a year. Under the circumstances, an Indian donating between $1 ...