Black money trail

NEW DELHI: In a season of swindles, kickbacks and scams, here is some more on the mother of them all. Black money —the popular moniker given to the billions seeded by dirty deals and whisked away abroad from the taxman’s prying eyes — has received much attention in recent years.

The opposition never tires of screaming foul at the government. The government, for its part, is at pains to say it is doing all it can to track down the illegal stash.

Despite the cacophony, an estimate of the scads of black money in secret bank vaults overseas has long been one big unknown, resulting in a great deal of speculation and glib talk around the subject.

Finally, some help is at hand. A new study by an international watchdog on the illicit flight of money from the country, perhaps the first ever attempt at shedding light on a subject steeped in secrecy, concludes that India has been drained of $462 billion (Rs 20,556,848,000,000 or over Rs 20 lakh crore) between 1948 and 2008.

The amount is nearly 40% of India’s gross domestic product, and nearly 12 times the size of the estimated loss to the government because of the 2G spectrum scam . The study has been authored by Dev Kar, a lead economist with the US-based Global Financial Integrity, a non-profit research body that has long crusaded against illegal capital flight.

Mr Kar, a former senior economist with the International Monetary Fund, says illicit financial flows out of India have grown at 11.5% a year, debunking a popular notion that economic reforms that began nearly two decades ago had tempered the creation and stashing away of black money overseas.

Outflows accelerated after reforms

If capital outflows were a child of the independence era, the problem came of age in the years after the reforms kicked in. Nearly 50% of the total illegal outflows occurred since 1991. Around a third of the money exited the country between 2000 and 2008

Total black money in India?

Swiss bank revealed India has more money than rest of the world


This is so shocking.. ..If black money deposits was an Olympics event..
India would have won a gold medal hands down. The second best Russia has
4 times lesser deposit. U.S. is not even there in the counting in top
five! India has more money in Swiss banks
than all the other countries combined!

Recently, due to international pressure, the Swiss government agreed to
disclose the names of the account holders only if the respective
governments formally asked for it.. Indian government is not asking for
the details... ..no marks for guessing why?



We need to start a movement to pressurize the government to do so! This
is perhaps the only way, and a golden opportunity, to expose the high
and mighty and weed out corruption!
.
Please read on..and forward to all the honest Indians to..
like somebody is forwarding to you...
and build a ground-swell of support!for action !
.
Is India poor, who says? Ask the Swiss banks. With personal account
deposit bank of $1,500 billion in foreign reserve which have been
misappropriated, an amount 13 times larger than the country's foreign
debt, one needs to rethink if India is a poor country?

DISHONEST INDUSTRIALISTS, scandalous politicians and corrupt IAS, IRS,
IPS officers have deposited in foreign banks in their illegal personal
accounts a sum of about $1500 billion, which have been misappropriated
by them. This amount is about 13 times larger
than the country's foreign debt. With this amount 45 crore poor
people can get Rs 1,00,000 each.

This huge amount has been appropriated from the people of India by
exploiting and betraying them. Once this huge amount of black money and
property comes back to India , the entire foreign debt can be repaid in
24 hours. After paying the entire foreign debt,
we will have surplus amount, almost 12 times larger than the foreign
debt. If this surplus amount is invested in earning interest, the amount
of interest will be more than the annual budget of the Central
government. So even if all the taxes are abolished,
then also the Central government will be able to maintain the country
very comfortably.

Some 80,000 people travel to Switzerland every year, of whom 25,000
travel very frequently. 'Obviously, these people won't be tourists..
They must be travelling there for some other reason,' believes an
official involved in tracking illegal money.. And, clearly,
he isn't referring to the commerce ministry bureaucrats who've
been flitting in and out of Geneva ever since the World Trade
Organisation (WTO) negotiations went into a tailspin!

Just read the following details and note how these dishonest
industrialists, scandalous politicians, corrupt officers, cricketers,
film actors, illegal trade and protected wildlife operators, to name
just a few, sucked this country's wealth and prosperity.
This may be the picture of deposits in Swiss banks only. What about
other international banks ?

Black money in Swiss banks - Swiss Banking Association report, 2006
details bank deposits in the territory of Switzerland by nationals of
following countries :



TOP FIVE

INDIA $1,456 BILLION

RUSSIA $470 BILLION

U.K. $390 BILLION

UKRAINE $100 BILLION

CHINA $96 BILLION

Now do the math's - India with $1,456 billion or $1.4 trillion has
more money in Swiss banks than rest of the world combined. Public loot
since 1947:

Can we bring back our money ? It is one of the biggest loots witnessed
by mankind - the loot of the Aam Aadmi (common man) since 1947, by his
brethren occupying public office. It has been orchestrated by
politicians, bureaucrats and some businessmen.

The list is almost all-encompassing. No wonder, everyone in India loots
with impunity and without any fear. What is even more depressing in that
this ill-gotten wealth of ours has been stashed away abroad into secret
bank accounts located in some of the world's
best known tax havens. And to that extent the Indian economy has been
stripped of its wealth. Ordinary Indians may not be exactly aware of how
such secret accounts operate and what are the rules and regulations that
go on to govern such tax havens. However,
one may well be aware of 'Swiss bank accounts,' the shorthand for
murky dealings, secrecy and of course pilferage from developing
countries into rich developed ones.

In fact, some finance experts and economists believe tax havens to be a
conspiracy of the western world against the poor countries. By allowing
the proliferation of tax havens in the twentieth century, the western
world explicitly encourages the movement of
scarce capital from the developing countries to the rich. In March
2005, the Tax Justice Network (TJN) published a research finding
demonstrating that $11.5 trillion of personal wealth was held offshore
by rich individuals across the globe.

The findings estimated that a large proportion of this wealth was
managed from some 70 tax havens. Further, augmenting these studies of
TJN, Raymond Baker - in his widely celebrated book titled
'Capitalism' s Achilles Heel: Dirty Money and How to Renew the
Free Market System' - estimates that at least $5 trillion have
been shifted out of poorer countries to the West since the mid-1970.

It is further estimated by experts that one per cent of the world's
population holds more than 57 per cent of total global wealth, routing
it invariably through these tax havens.

How much of this is from India is anybody's guess ...????
if India is doing like this the annual tern over will be less and our market will have to close down (BSE\NSE)



we have to trace out the black money when the polities have kept ? where there they use ? but they don't have correct tax details . all are illegal only

Read more: http://wiki.answers.com/Q/Total_black_money_in_India#ixzz174zBvGDn

NAMO venkatesha..movie review..!!

Cast: Venkatesh, Trisha, Brahmanandam, Kota Srinivasa Rao, Mukesh Rishi, Subbaraju, Dharmavarapu, Ali, Master Bharat and others.
Action: Vijay.
Art: AS Prakash.
Banner: 14 Reels Entertainment.
Cinematography: Prasad Murella.
Dialogues: Chintapalli Ramana.
Editing: MR Verma.
Lyrics: Ramajogaiah Sastry.
Music: Devisri Prasad.
Story: Gopimohan.
Presenter: D. Suresh Babu.
Producer(s): Ram Achanta, Gopinath Achanta, Anil Sunkara.
Director: Sreenu Vaitla.
Release Date: January 14, 2010

Venkatesh and Trisha Two silent men in Telugu cinema start their new year with a bang. Sreenu Vaitla who is on a success spree delivers another entertaining movie. Well both of them use the same formula to churn laughs. The director uses faction plot, romance, and Brahmanandam/Jayaprakash Reddy/Bharat to keep the story moving and garnishes it with plenty of songs.

Venkatesh does try something different at times but his bio-data shows that his run-of-the-mill stories work out better during festive season for whatever reason it may be. Instead of being content doing romance and fights, Venky wears his comedy coat and with Brahmanandam on his side they pull off a lengthy drama that ends predictably.

Venky plays the role of a man who's not married yet as his dream girl hasn't yet arrived. When she does, he is made to believe that she is in love with him and the heroine and her uncle take him for a ride. The heroine is in love with Aakash but like in all films when they are about to get married, the hero attempts a sacrificial act and there is a change of heart in the heroine. To lengthen the drama, and to make it colourful, a faction background is added.

This is not a brilliant or a novel movie but the strength lies in blending the humour into a faction narrative. Also it does not get onto the nerves of the audiences, with a good technical execution, picturesque locations and some sentiment towards the end that all good men are rewarded the film becomes complete.

Trisha this time doesn't get much to do, as Venkatesh and Brahmanandam steal the show. Jayaprakash Reddy's work is as fine as eve. The script and screenplay has a lot of wit and Vaitla's execution too is definitely commendable, as he manages to keep his audiences entertained with a bit of comedy as well as drama.

When there are no words, the situations look funny. Many films fail when there is no adequate romance between the hero and the heroine. Luckily here, there is not much, sometimes it looks absent but the comedy covers up for everything. Venkatesh's flair for humour, average performances by the rest, a fair script, an entertaining screenplay…and yes, the hero's intermittent prayers to Lord Venkatesa makes sure the film is definitely a good watch

sambho siva sambho movie review

Cast: Raviteja, Allari Naresh, Siva Balaji, Suneel, Priyamani, Ahuti Prasad, Sudha, Tanikella Bharani and others.
Banner: Sri Sai Ganesh Productions.
Cinematography: PG Muttaiah.
Music: Sundar C. Babu.
Presenter: Smt. Bellamkonda Padmavathi.
Producer(s): Bellamkonda Suresh, Bellamkonda Sai Srinivas, Bellamkonda Ganesh Babu.
Director: P. Samudrakhani.
Release Date: January 14, 2010

Raviteja and Priyamani The story in a nutshell: Three jobless individuals risk their lives, ruin their careers to help two other jobless individuals/lovers to get hitched. Who, what, why, when, where, how and then what is what the tragically and inappropriately titled Sambho Siva Sambho is about.

Three friends played by Ravi Teja, Naresh and Siva Balaji are jobless, in quest of a government job, a chance to settle abroad and a desire to start a computer business respectively. Some old friend of RT returns, a suicide risk and claiming to be madly in love with a girl who is obviously the daughter of a villain, and hold your breath, a "Rayalaseema Faction Bigwig". The boys2men risk their everything, get the lovers hitched, send them to a fancy resort and suffer. What happens after that, with them and the lovers is the rest of the story.

So there is suffering, both the characters, apparently the actors playing those characters and the audience. So there is a connection, too deep to describe in words. And an acute awareness that this festival has been ruined. But the real tragedy is that the same story could have worked. The biggest minus is the direction, followed by the editing. There is just too much of footage showing the car on the road, irritating songs interjected into already saturated moments. The soundtrack is a direct lift from two of Rehman's compositions, including Slumdog Millionaire.

So where is the respite? There are some scenes, one or two punch lines which work. The theme, the story in one line is actually interesting. It becomes not-so-tolerable when it is stretched to 3 hours. Which feels like you spent one full day in a dark room with the door closed. The hall is resounding with the loudness of the admittedly diverse characters-from RT to Suneel, the entire movie, there are people screaming, women weeping and sobbing, parents protesting; the movie is really, really Tamil-movie loud.

Except that the stark reality and rawness of a Premiste or even a more polished and suburban 7/G Brindavan Colony is not captured, and SSS is hanging somewhere between, never quite taking off from where it started. A lot of editing, avoiding unnecessary forced 'comic relief' (which feels like the writers wrote the screenplay and wrote Inset Comic Scene and wrote that scene on the set with old friends sniggering about it) and taming the noise would have made the movie a little watchable.

The music is not good enough to be a strong point. The soundtrack does not enhance the already badly paced movie.

If you feel like dunking your head into a bucket full of ice-cold water, it's not you, it's the movie. Don't worry, therapy helps. The doctor beckons. End of review

Adurs review...!!

Having been unwittingly transformed into a powerful civil statement in a time of vicious political drama, Adurs has indeed won half its battle by getting released in the first place. The tricky part is that the other half of the battle depends on how badly you were waiting for N T Rama Rao Junior.

Adurs is less about inclusive entertainment from a star with enough superpowers and lineage to mesmerize audiences, and more about a movie speaking to the world that believes he is its own. It brims over with the hero so much - even fitting him in twice over - that everything else looks like a compromise. And maybe for a valid reason, several might not mind.

Still, the behind-the-scenes reels during the ending credits - watching the bonhomie of the cast and crew, being able to watch our picture-perfect actors being oh-so-human when they giggle in their bloopers - have a more warming effect than the film itself, that actually leaves you with not much to remember.

As for the story, if you've seen any of the zillion double role movies that have ever released in all of history, Adurs has no surprises anywhere in its journey. It is the story of two men who look alike, and who lead diametrically different lives, and who confuse a few people when their lives clash.

Narsimha (NTR Jr.) makes money working as an agent for the cops, and Chari (NTR Jr.) is a staunch traditional Brahmin priest. The two get mixed up in a mess that involves an evil villain (Mahesh Manjrekar) who wants to build the world's most powerful weapon but can't so hires a brilliant scientist to do it.

Apart from NTR, Chari's Brahminized accent seems to be the big draw in the movie, and he has lengthy lines to deliver for the chuckles and the grins. Chari's guru (Brahmanandam) forms a plot section all by himself, and together, the two successfully spin around with the simple and effective comedy that is the tone of the film.

Well, what goes wrong is that Adurs makes the script seem easy enough for anyone to write it. For one, the mistaken identity crises are fun while they last, but neither are they thigh-slapping wacky nor do they last very long. Then, there's no characterization for the trendier NTR absolutely, and he only keeps arriving in time for the fights. The romance suffers a similar tragedy - there's simply none there, and the heroines are in this just for the songs.

As for performances, NTR's zeal juices up the film all by itself. He's high on energy and unbridled confidence - and on his workout sessions. His implausible dances bend your mind more than they've bent his body, and sure as hell tingle audiences in stipulated places.

Brahmanandam has a significant role in this and he's his usual self, as is Sayaji Shinde. The villains - Mahesh Manjrekar and Ashish Vidyarthi - have comic streaks in them, and the actors are good to watch. Nayantara and Sheela look good and act well in their miniscule roles.

Devisri Prasad's music is unlikely to break records, but when you watch it being coupled with the incredible choreography, there's nothing to complain about there. Production values are high, so the gloss factor isn't low even if it isn't path-breaking.

Adurs is all festive and decked up, but there aren't many goodies to take home, just a few to munch in the hall. If you're okay with that, it won't let you down.

Adurs on JAN 13th

Jr.NTR’s ‘Adurs’ is finally set to release for this Sankranthi by clearing all the hurdles from the telangana activists. Telangana JAC and students of JAC has targeted to boycott this film in the telangana region.

However, the producers of the film have conducted discussions with JAC and it seems that discussions were ended fruitfully. Telugu Movie News

The producers are now planning to release the movie on the scheduled date in all the regions. The film has been made with a budget of Rs. 36 crores.

This big budget film was directed by V.V.Vinayak and produced by Kodali Nani and Vamsi Mohan under Vaishnavi Arts banner. Nayanatara and Sheela are playing the female lead in the movie.