-The Hindu   The March 2000 encounter at Pathribal in Jammu and Kashmir that claimed the lives of seven civilians was nothing but a cold-blooded murder and no sanction was required to prosecute the Army personnel involved in the incident. This submission was made on Monday by senior counsel Ashok Bhan, who appeared for the CBI, before a Bench of Justices B.S. Chauhan and Swatanter Kumar in the Supreme Court. The Centre had asserted...

The government introduced a retrospective clarification to the Income-Tax (I-T) Act, 1961, virtually amending the law to ensure that cross-border transactions such as the $11.08 billion (around Rs55,735 crore today) Vodafone-Hutchison deal are taxable. The Supreme Court had ruled this deal as not being taxable in India. The amendment becomes crucial because a review petition by the government on this case is pending before the Supreme Court, which might now have...

-The Telegraph Bengal’s co-operation department spent the better part of Tuesday on an unusual mission: how to enforce Mamata Banerjee’s very chief ministerial order to nail those who tried to recover money lent by a co-operative bank. “I have asked to lodge an FIR,” Mamata had declared yesterday while ordering the withdrawal of attachment notices on two farmers and announcing that the law will be changed to make government approval mandatory before...

Bowing to the clamour for scrutiny of the accounts of private power distribution companies operating in the city, the Delhi government has finally approved their audit by the Comptroller and Auditor General (CAG). According to a cabinet note, the government sanctioned an audit of the three discoms — BSES Yamuna and Rajdhani, and NDPL — “since inception.” The decision to get a CAG audit carried out was disclosed during a hearing in...

-The Economic Times The government has allowed a local drugmaker to make and sell a patented cancer drug at a fraction of the price charged by Germany's Bayer AG, setting a precedent for more such efforts by Indian firms and heightening the global pharmaceutical industry's anxiety over the use of the controversial compulsory licensing provision.  The outgoing patent controller of India, PH Kurian, on Monday granted the country's first compulsory licence to...