-The Business Standard   2011 saw jump in total disputed amount to Rs 4.37 lakh crore The quantity of money locked in income tax disputes has seen a sharp rise in 2011, with more aggression by the tax department. The disputed amount jumped from Rs 2,43,603 crore to Rs 4,36,741 crore between January and December 2011. The disclosure was made by the finance ministry in reply to a question in the Lok Sabha...

Speaking at an international workshop on Equity and Climate Change, held on April 12, the minister for environment and forests, Jayanthi Natarajan, sought to build a consensus on the inter-relationship between equity and the principle of common but differentiated responsibilities in the Climate Convention, and the nature of the obligations they entail in the new arrangement that is to be negotiated. By focusing on a technical definition of equity the approach...

-The Economic Times Economic growth produces prosperity as well as garbage. The faster the economy grows, the more its people consume, and the more garbage they generate. When economic growth is sustained over a long period of time, garbage starts to pile up at a faster pace. Garbage just cannot be wished away even as some of us can move around it with eyes wide shut. It needs to be collected,...

-Daily News Asia's rapid growth is leaving millions behind, causing a widening gap between rich and poor that threatens to undermine the region's stability, according to a new report from the Asian Development Bank (ADB). "Another 240 million people could have been lifted out of poverty over the past 20 years if inequality had remained stable instead of increasing as it has since the 1990s," said ADB's Chief Economist Changyong Rhee. The Asian...

-AFP The Asian Development Bank (ADB) Monday urged regional governments to tackle rising income inequality with more urgency, warning any delay could undermine social cohesion and economic growth. Rajat Nag, ADB's managing director-general, said failing to address the problem now could spark further dissatisfaction and lead governments to resort to populist measures to appease their citizens. But populist measures like fuel subsidies and cash grants are taxing on state coffers and could result...