-The Economic Times The Supreme Court has declined to reconsider its ruling that the tax authorities had no jurisdiction to tax Vodafone's offshore acquiSITion of its Indian mobile unit, handing what could be a pyrrhic victory to the telecom major. The tax demand, government officials familiar with the case said, could be revived once the provisions in the Union Budget seeking to tax overseas deals are approved by Parliament later this...
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Education quality down on poor funds utilization-Prashant K Nanda
Poor utilization of funds and irregular disbursals have been cited as the reasons for India’s school education system failing to show desired improvement even as the government has more than doubled funds for education programmes in the past two years. The government has spent just 70% of the funds allocated for Sarva Shiksha Abhiyan (education for all) and Right to Education in 2010-11 compared with 78% in the year earlier, according...
More »Kudankulam Reloaded: Why India needs nuclear energy
-The Economic Times Given the hurdles to infrastructure projects across India, there's good news from Tamil Nadu. The prolonged shutdown at the Kudankulam nuclear power plant has ended following chief minister J Jayalalithaa's decision to back the Rs 13,000 crore project. But, while accompanied by a welcome area development package, this official nod may not dampen the ongoing anti-Kudankulam agitation. So, police must use utmost care in dealing with protesters. And...
More »India patent bypass delivers life-saving blow against cancer by Raja Murthy
India's decision this month to produce Germany-based multinational Bayer's anti-cancer drug Nexavar, in the first use of "compulsory licensing" in South Asia, will save lives but also raises intricate questions. Under the compulsory licensing process, a government can under World Trade Organization (WTO) rules bypass a patent owner's rights after three years and order the manufacture and sale of life-saving medicines at much cheaper cost than by obtaining the medicine from...
More »Kudankulam: 11 protesters held on sedition charges-P. Sudhakar and S Vijay Kumar
Kudankulam plant comes under 3-tier security cover; activists call for indefinite fast Police moved against those protesting the Kudankulam Nuclear Power Project (KKNPP) on Monday, arresting 11 activists, including two members of the anti-KKNPP struggle committee. This is the first time the police cracked the whip on protesters in the last seven and half months. The nuclear power plant came under a three-tier security cover soon after the Cabinet cleared the decks...
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