1. Panama Papers: Government sets up multi-agency probe team; Congress terms it cover-up bid
According to ICIJ investigations, the mega-rich are using complex offshore structures to own mansions, yachts, art masterpieces and other assets, gaining tax advantages and anonymity not available to average people. Read more here
2. RBI likely to cut key policy rates today, say experts
The Reserve Bank of India is expected to cut its policy interest rate by a quarter percentage point on Tuesday, lowering it to a more than five-year low. Read more here
3. US lack understanding of India s defence posture: MEA on Obama’s comments
India on Monday …read more
Source: Daily News & Analysis