Punjab rode on a solid batting display to post a massive 560 for 6 declared before reducing Odisha to 110 for 2 in their second innings on Day 3, in their Group A Ranji Trophy match in Mohali on Tuesday.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.