The Centre has signed deals or is in talks with 78 countries besides Switzerland to amend double taxation avoidance treaties to facilitate information-sharing on slush funds held by Indians abroad. These countries include Mauritius, Brazil, Canada, Italy, the UK, the US, the UAE and the Channel Islands. The Swiss parliament is set to ratify the tax treaty with changes which will allow India to gain access to information on black money held...

The Centre on Monday strongly defended the appointment of controversial bureaucrat P J Thomas, facing a corruption case in a Kerala court, as central vigilance commissioner, saying he was an "outstanding officer" with "impeccable integrity". In an affidavit in the Supreme Court cleared by Attorney General G E Vahanvati, government also said there was no need for "consensus" of the three-member high powered committee on CVC's appointment. While Prime Minister Manmohan Singh...

What’s Going Wrong?     * Market intelligence remains a weak link; farm policies rarely reflect correct scenario     * Extensive damage to crop in Maharashtra not factored in promoting onion, tomato exports     * Middlemen make capital while farmers realise 10-15% margin, not enough to recoup losses     * Government market intervention capacity limited to foodgrains and pulses **** India’s worst-kept secret was finally revealed when the government threw up its hands in despair in the...

The trial court judgment holding Binayak Sen guilty of sedition has led to widespread outrage. IN India's legal history, no trial court judgment in a criminal case has perhaps caused as much international outrage as the December 24, 2010, judgment of the Second Additional District and Sessions Judge of Raipur, B.P. Verma, did. In his 92-page judgment, Judge Verma convicted Dr Binayak Sen, the well-known human rights activist and medical...

Differences within the ruling government alliance over food management came to the fore on Tuesday with home minister P Chidambaram questioning agriculture minister Sharad Pawar's pitch for resuming export of sugar. A meeting convened by Prime Minister Manmohan Singh to discuss measures to calm soaring food prices saw sugar become a key focus area with Pawar plumping for freeing its export, citing an expected bumper crop this year. As soon...