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Black money: Indians have stashed over $500bn in banks abroad, says CBI

-PTI Indians are the largest depositors in banks abroad with an estimated 500 billion US dollars (nearly Rs 24.5 lakh crore) of illegal money stashed by them in tax havens, the CBI director said on Monday.  India, in particular, has suffered from the flow of illegal funds to tax havens such as Mauritius, Switzerland, Lichtenstein, British Virgin islands etc.  "It is estimated that around 500 billion dollars of illegal money belonging to Indians...

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Sacred cow by Ajoy Ashirwad Mahaprashasta

The Madhya Pradesh government beefs up its saffron agenda with a “draconian” law. “IT is a contest between the two. The holy by-lanes of old Bhopal, which houses two of the largest mosques in Asia, the Taj-ul-Masjid and the Jama Masjid, were under attack from the holy cow,” said an activist of the Akhil Bharatiya Vidyarthi Parishad (ABVP), in a tone which he thought was in good humour, when asked about...

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Distress and death by Suhrid Sankar Chattopadhyay

West Bengal: An agrarian crisis looms over the State as farmers commit suicide in spite of a bumper crop. THE topic of suicide figured repeatedly in Safar Molla's conversations with his neighbours a few days before his death. The 18-year-old marginal farmer from Kaltikuri village in Bardhaman district's Bhatar block talked about it quite casually, in fact even jocularly. Everybody in the village knew he was up to his neck in...

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UIDAI launches Aadhaar authentication services

-The Hindu   The services will enable transfer, application procedures to be brought to one's door Last Christmas Eve, 35 people in a remote village of Jharkhand received a unique present. They became the first Indians to access their Mahatma Gandhi National Rural Employment Guarantee Scheme bank accounts on their doorstep, having had their identities authenticated through their Aadhaar numbers. They are among the earliest beneficiaries of the next phase of the ambitious —...

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Belittling CAG Diminishes Parliament’s Effectiveness by BP Mathur

The Comptroller and Auditor General’s Report on the 2G Spectrum has created a great deal of controversy and his role is being questioned. The Public Accounts Committee could not finalise its report due to the splitting on the issue on party lines. The JPC currently examining the matter has taken an unprecedented step of taking evidence of a junior officer of the CAG’s set up, since retired, and quizzed the...

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