Newsmakers: HSBC on GDP growth, Panama Papers and more - Photos-1
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Newsmakers: HSBC on GDP growth, Panama Papers and more

Key business news events for the day
Multi-agency team to probe money stashed abroad
With 500 Indians being named in leaked 'Panama Papers' for alleged offshore holdings, government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad. Finance Minister Arun Jaitley said Prime Minister Narendra Modi discussed the issue with him this morning and on his advice the group has been set up comprising agencies like CBDT, RBI and FIU (Financial Intelligence Unit).
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