-PTI   Taxmen have seized black money to the tune of a whopping Rs 30,000 crore in the country in the past two years, said the Central Board of Direct Taxes (CBDT) which is set to get investigative powers to boost its drive against wrong-doers. The CBDT is in the process of creating a Directorate of Criminal Investigation after getting approval from finance minister Pranab Mukherjee last week. CBDT chairman Sudhir Chandra said...

Mass leaders in India have a tradition of broaching BSP —bijli, sadak and pani — issues to strike a chord during election rallies. However, in almost each of her 150-plus rallies across the state in the election season, Mamata Banerjee deviated from the conventional mix and squeezed into her speech phrases like debt burden, public finance and economic recovery. Whether such esoteric terms found resonance or not, Mamata did get across the...

TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...

-The Hindu   Court wants Centre to “distribute foodgrains on an individual basis” The Supreme Court on Saturday asked the Planning Commission to revise the per capita norms to determine below poverty line looking to the price index of May 2011 or any other subsequent dates. A Bench of Justices Dalveer Bhandari and Deepak Verma, at a special sitting to hear the case relating to streamlining of the public distribution system, pointed out...

An increasing number of countries face a double burden of disease as the prevalence of risk factors for chronic diseases such as diabetes, heart diseases and cancers increase and many nations still struggle to reduce maternal and child deaths caused by infectious diseases, according to a United Nations statistical health report released today. “This evidence really shows that no country in the world can address health from either an infectious disease...