-The Economic Times It's extreme weather season in Asia again. Deadly cyclones, blinding rain, floods and mudslides are becoming the norm from Nepal to Fiji. The world's policymakers must reflect on extreme weather patterns while budgeting their nations' finances. In Thailand last year's floods caused losses of $46.5 billion. Reconstruction costs will reach at least $50 billion, according to the government and UN's assessments. In Pakistan widespread flooding two years ago affected 20...
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SC Asks IT Dept to Transcribe Radia Tapes in 2 Months
-Outlook The Supreme Court today granted two more months to the Income Tax department to transcribe the entire intercepted telephone conversations of corporate lobbyist Niira Radia. A Bench of justices G S Singhvi and S J Mukhopadhaya said that the department must place the transcript of entire 5,800 conversations, running into more than hundred hours, on January 8. "Complete the exercise in two months. Not possible to give you more time," the bench...
More »A Delhi particular
-The Economist MID-AFTERNOON in Delhi, and a red blob looms in the haze. The sun barely illuminates the city. A yellow-green smog hangs low. Even indoors, fuzzy halos of dust and smoke surround lamps. Those foolish enough to be out jogging, or compelled to stand at junctions directing traffic, complain of shortness of breath, migraines, clogged lungs. Newspapers are crammed with articles about asthma, wheezing children at clinics, an epidemic of...
More »HC Slams Maharashtra Govt Over Taxi, Auto Fare Hike
-Outlook Bombay High Court today ticked off Maharashtra Government for not complying with its order to form a multi-member panel to look into recent hike in fares of autorickshaw and taxi saying the state is being held hostage by pressure groups. "We are thoroughly dissatisfied with the government," a division bench of Justices D Y Chandrachud and R G Ketkar observed while hearing a Public Interest Litigation filed by NGO 'Mumbai Grahak...
More »CIC to seek political parties’ assets details from I-T dept
-PTI The CIC will seek a report from income tax department and directorate of estate regarding tax exemptions claimed by political parties and their assets to ascertain whether there is enough indirect funding from the government to bring them under the ambit of RTI Act. The CIC is considering the case whether political parties, which receive benefits from the government in the form of subsidised buildings for offices, free air-time and various...
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