A lack of toilets and poor hygiene practices in India cost Asia's third largest economy almost $54 billion every year, the World Bank said on Monday. Premature deaths, treatment for the sick, wasted time and productivity, as well as lost tourism revenues, are the main reasons for the high economic losses, the bank said in a report. "For decades, we have been aware of the significant impacts of inadequate sanitation in India,"...
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Supreme Court asks A-G to produce copy of complaint against Radia
The Supreme Court on Monday asked Attorney-General G.E. Vahanvati to produce in a sealed cover a copy of the complaint received against corporate lobbyist Niira Radia, which formed the basis for the Income-Tax Department to tap her telephonic conversations.A Bench comprising Justices G.S. Singhvi and A.K. Ganguly said this to the A-G after perusing the Centre's counter-affidavit in the petition filed by industrialist Ratan Tata, alleging that the publication of...
More »Don't drag names until we decide Radia tapes,SC tells media
The Supreme Court today asked the media not not to drag the name of any person figuring in the controversial Niira Radia tapes until the case was decided by it as dignity of every individual was precious.It even warned journalists of being hauled up if the ''lakshman rekha'' is crossed.A bench of justices G S Singhvi and A K Ganguly while warning the media from crossing the "Lakshman lekha" chided...
More »“Tata himself has put controversy in public domain” by J Venkatesan
Outlook, Open oppose any restraint on publication of conversations ‘Tapes essential for meaningful debate by Indian citizen'‘Intercepted materials not likely to be secrets of the state”Even as the Supreme Court permitted the Centre for Public Interest Litigation (CPIL), the Chennai Press Club and Jain Television to intervene in the petition filed by industrialist Ratan Tata, the Outlook and Open magazines — which published the conversations of corporate lobbyist Niira Radia —...
More »FinMin probing more than 100 overseas deals for tax evasion
The Finance Ministry has begun its maiden investigation into over 100 offshore "financial structuring deals" undertaken by Indian business entities in foreign tax havens to allegedly evade the taxman's net. The multi-pronged probe has been undertaken by the international taxation wing of the Income Tax department and the foreign taxation unit in the Central Board of Direct Taxes (CBDT). A number of investments and deals to the tune of billions of rupees...
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