How Indians spend their money globally

The recent spike in the expenses abroad is confounding even economists. A look at some essential numbers.

The Panama Papers have unveiled a large cache of names, including some of the most celebrated names in business, entertainment and politics, who laundered money, dodged sanctions and avoided tax with the help of Panama based law firm Mossack Fonseca. It also throws light on the increasing tendency among Indians to invest wealth outside the country.

The recent spike in the expenses abroad is confounding even economists. Here is a look at some essential numbers.