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Tamil Nadu has the second largest state economy in India. [16] The state also hosts the highest number of factories in the country. [17] [18] The state is 48.40% urbanised, accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census. [19]
In India, black money is funds earned on the black market, on which income and other taxes have not been paid. Also, the unaccounted money that is concealed from the tax administrator is called black money. The black money is accumulated by the criminals, smugglers, and tax-evaders. Around ₹22,000 crores are supposed [citation needed] to have ...
2014. Aavin scam - Ten-year adulteration of milk supplied from societies of the Tamil Nadu State Milk Union, estimated at ₹ 27 lakh per day. [ 99] The owner of the truck was arrested in Chennai. [ 100][ 101] Siliguri Jalpaiguri Development Authority scam, West Bengal (₹200 crore) [ 102]
The companies fraudulently raised hundreds of millions of dollars, purportedly to purchase assignments of equipment leases and promissory notes. [39] From 1993 until 1997, a church named Greater Ministries International in Tampa, Florida, headed by Gerald Payne bilked over 18,000 people out of $500 million. [40]
The following list gives the latest available gross state domestic product (GSDP) figures for all Indian States and Union Territories at current prices in millions or trillions of Indian rupees. No data is available for the union territories of Dadra and Nagar Haveli and Daman and Diu, Ladakh and Lakshadweep.
A gold reserve is the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money ), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency . The World Gold Council estimates that all the ...
The bottom 25% of families had a median net worth of zero, while the 25th to 50th percentile had a median net worth of $40,000. [ 218 ] Wealth inequality is more unequal than income inequality, with the top 1% households owning approximately 42% of the net worth in 2012, versus 24% in 1979. [ 219 ]
Travel to Portugal jumped nearly 20% from 2022 to 2023, with more than 26 million people visiting last year. A residency program that attracted Americans to live in Portugal caused a housing ...