The Finance Ministry has begun its maiden investigation into over 100 offshore "financial structuring deals" undertaken by Indian business entities in foreign tax havens to allegedly evade the taxman's net. The multi-pronged probe has been undertaken by the international taxation wing of the Income Tax department and the foreign taxation unit in the Central Board of Direct Taxes (CBDT). A number of investments and deals to the tune of billions of rupees...

When little children in cities have a Happy Meal burger at McDonalds and get a Batman car or Ben 10 toy free, they are getting much more for free — all gift-wrapped by wheat and potato farmers in some far-off village. They are not paying for the labour put in by the farmer, the profits forgone by him, and the higher cost of living that he did not bill on...

They show strategy of planting, killing stories, and blacklisting agencyThe new tapes reveal use or consideration of strong-arm lobbying techniquesVir Sanghvi defends conversation with Niira Radia as “sweet-talking” a news sourceThe contents of a fresh set of leaked phone conversations involving Niira Radia and her associates paint an alarming picture of the extent to which the influential lobbyist — whose clients include Mukesh Ambani and Ratan Tata — sought to...

Scores of farmers took part in a 'Kisan Swaraj Yatra', a rally, which began from Sabarmati in Gujarat and culminated at Mahatma Gandhi's memorial Rajghat here on Saturday, to draw the attention of the government towards the issues concerning the farmers and the continuing agrarian crisis in India.The farmers and representatives of the 'Alliance for Sustainable and Holistic Agriculture (ASHA)' later met Congress President Sonia Gandhi and briefed her about...

Maharashtra chief minister Prithviraj Chavan on Wednesday announced a judicial probe into the Adarsh cooperative housing scandal, saying in the assembly that a retired Supreme Court or high court judge and a former chief secretary would comprise the two-member panel. Somewhat predictably, the opposition parties described Chavan's announcement as unsatisfactory and rushed into the well of the House shouting slogans against the government, accusing the Congress-NCP alliance of shielding the scam...