-The Indian Express The victim in the Suryanelli rape case tells her story—a nightmare that lasted 40 days and the trauma that stayed with her every day for the past 17 years She is the ‘Suryanelli girl’. “But that’s not my name.” It’s not. It’s the name of the village in Kerala’s Idukki district where she lived a 16-year-old’s life—happy, innocent, smiling easily. She doesn’t smile easily anymore, but then, a lot...
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Shell India accused of tax evasion-Utpal Bhaskar, Remya Nair and Amrit Raj
-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development. Following the notice, which is one of the biggest transfer pricing orders...
More »Don’t join retail queue but cut diesel taxes, Moily tells States-Sujay Mehdudia
-The Hindu OMCs will revise price every month until losses are wiped out The Centre is seized of some State governments’ directive to their transport undertakings (STU) to line up at retail outlets for refuelling following the removal of subsidy for bulk consumers of diesel, Petroleum Minister M. Veerappa Moily said on Friday. Talking to reporters here, Mr. Moily said he had heard that States such as Gujarat and Tamil Nadu had asked...
More »Andhra bans gutkha, paan masala-M Suchitra
-Down to Earth Becomes 17th state in country to impose ban on them The Andhra Pradesh government on January 9 banned manufacture, storage, sale, transport and distribution of gutkha, paan masala and similar chewable products that contain tobacco and nicotine. The ban has come into force with immediate effect. With this, Andhra Pradesh becomes the 17th state in India to ban tobacco products (see box). Civil society organisations and anti-tobacco activists have long...
More »Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar
-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
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