-The United Nations A new United Nations report advocates that governments use fiscal and labour market policies to reduce income inequality, maintaining that this not only leads to social benefits but will spur economic growth and development. Produced by the UN Conference on Trade and Development (UNCTAD), the Trade and Development Report 2012 says that recent experience, especially in Latin America and other developing countries, suggests that progressive taxation and rising public...

-The Times of India Unwilling to risk their futures to political vagaries, corporate houses tend to hedge their bets and contribute to political parties across the spectrum. Data analyzed by the Association for Democratic Reforms and the National Election Watch has found that the trust which made the maximum contributions to political parties is the General Electoral Trust of the Aditya Birla Group, with Rs 36.46 crore to the Congress between 2003-04...

-Live Mint/ The Wall Street Journal Contributions more than doubled between 2004 and 2009 polls; experts say published figures just tip of the iceberg  Contributions, including money from top companies, to the country’s two largest political parties, the Congress and the Bharatiya Janata Party (BJP), more than doubled between the 2004 and 2009 general elections. This revelation affirms a trend of companies, most of which are listed, opting for a transparent route to...

-Outlook At least five of the 13 coal blocks allocated when Madhu Koda was the Chief Minister of Jharkhand are under the CBI scanner for alleged irregularities in the applications submitted by the beneficiary firms. CBI sources said today preliminary investigations have shown there were alleged irregularities in the allocation of at least five coal blocks during the tenure of Koda--between September 2006 and August 2008. During the two-year period, the sources said...

-The Indian Express Political parties in India have 'earned' a whopping Rs 4,662 crore through donation and other sources since 2004 with the ruling Congress at the top with an income of Rs 2,008 crore followed by BJP at Rs 994 crore, two NGOs claimed today. Relying on the IT returns and list of donors submitted to the Election Commission for the period 2004-2011, Association for Democratic Reforms and National Election Watch...