-Live Mint Cabinet-approved Bill may stir up controversy after it left out a key proposal to BRIng CBI within its purview On the day that it approved the anti-graft Lokpal Bill, the first murmurs of dissent against finance minister P. Chidambaram’s call for expenditure cuts surfaced in the Union cabinet—over the seemingly piffling amount of `90.38 crore.   The cabinet eventually overruled the finance ministry’s objections and approved the infusion of the money for...

-First Post The Jaipur literary festival is almost notorious for creating storms in a teacup. To its credit though, if offers a different flavor of literary tea every year. Last year, it was a variant of the Rushdie phenomenon, where a group of aspiring litterateurs read out passages from the Satanic Verses and then succumbed to political correctness. This year, the controversy came in a session chaired by Urvashi Butalia, publisher Zubaan, where...

-The Indian Express The deafening silence from official circles on the Verma committee recommendations is in sharp contrast to the widespread well-deserved appreciation that the committee has received. It is common for governments to form such committees to buy time and take the heat off themselves. Perhaps that was the government’s intention when it set up the committee at the height of the protests in the wake of the brutal gangrape...

-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development.   Following the notice, which is one of the biggest transfer pricing orders...

-Live Mint Parliamentary committee’s proposals on the food security Bill are an improvement over the original The standing committee of Parliament, set up to examine the National Food Security Bill (NFSB), has finally given its recommendations. With this, the Bill has moved one step closer to seeing daylight. The recommendations, which are not binding on the government, will now be considered by the Union cabinet before being put to vote in Parliament.   The...