'$505B black money outflow estimate exaggerated'
A black money outflow estimate of $505 billion (around ₹34 lakh crore) from India between 2004 and 2013 by a US-based think tank Global Financial Integrity is "heavily exaggerated", the Directorate of Revenue Intelligence (DRI) said. This comes after a Supreme Court-appointed Special Intelligence Team (SIT) had earlier asked the intelligence agency to ascertain the findings of the report.