India on Saturday managed to get backing of the world’s 19 most powerful economies on the issue of sharing tax information, as the G20’s draft communiqué for the first time took note of New Delhi's concerns. The draft, however, remained silent on recovery of ill-gotten wealth stashed in tax havens. The draft communiqué, to be issued by G20 finance ministers and central bank governors later on Saturday, has resolved to address...

If pain had a face, it could be Narayan Sonawane’s. The 45-year-old Dalit farmer keeps scratching a shaving wound on his face till it bleeds, and makes him flinch. The pain, perhaps, momentarily takes his mind off the gruesome reality outside his hut — a seven acre plot that used to be a Dalit cremation ground until a year ago. In June 2010, it was usurped by upper caste Maratha farmer...

Envelopes with cash distributed at BJP press meet A cash-for-coverage scandal has taken the fizz out of Bharatiya Janata Party leader L.K.Advani's ambitious Jan Chetna Yatra against corruption and Black Money with the BJP leaders in Madhya Pradesh “attempting to bribe” journalists for favourable coverage of the yatra. Envelopes containing currency notes worth Rs. 500-1,000 were handed out to journalists during a press conference called by local BJP MP Ganesh Singh at...

-The Times of India   The Mines and Minerals (Development & Regulation) Bill, cleared by the cabinet last week, signals that the government`s heart is in the right place. Under its provisions, coal firms must share 26% of their net profits with project area residents, while non-coal miners will have to provide them a sum equal to royalty paid to state governments. No system is in place at present to properly compensate...

-The Hindustan Times   Do these people look well-off to you? The planning commission puts them above poverty line. Basant Kumar, 51  Shopkeeper  Kusumpur Pahari slum,  Vasant Vihar, Delhi Daily expense: Rs 53   Basant Kumar runs a little shop in a slum in Vasant Vihar, home to over two lakh migrant families. He feeds and clothes his wife and three children on his meagre earnings of Rs5,000 a month. He also works odd-jobs, in construction or with...