-The Times of India NEW DELHI: The government's drive, through a non-filer monitoring system, to target those who indulge in high value transactions but don't pay enough taxes has forced the filing of at least Rs 1.7 crore extra returns and helped the Centre mop up close to Rs 26,500 crore till December. In a written reply, finance minister Arun Jaitley told Parliament on Friday that for the past few years, the...

-The Economic Times blog Word has it that World Bank economists use “obviously fabricated” data from time to time. These are not Sitaram Yechury or Medha Patkar’s words, but those of Paul Romer, former chief economist of the World Bank, in a recent email exchange reported by Financial Times. Romer retracted them later, but this “may not end the controversy”, as The Economist mildly put it. This is not the first time...

-Business Standard The banks - Allahabad Bank, Bank of India, Syndicate Bank, and UCO Bank - recently reported the matter to the Union government New Delhi/ Kolkata: The staff of four public sector banks (PSBs) has been alleged to have salted away depositors’ money by misusing the latter’s Aadhaar-based authentication. The banks — Allahabad Bank, Bank of India, Syndicate Bank, and UCO Bank – recently reported the matter to the Union government,...

-The Economic Times BAREILLY / MEERUT (U.P.): Many of us might think that our lives can continue as usual since there is more than a month left to link Aadhaar with various financial accounts and documents. But did you know that there has been an increasing number of cases were people have been denied basic benefits because they do not have the 12-digit unique identity number. In a recent episode, according...

-The Times of India NEW DELHI: Farmer and food activists have alleged that genetically modified soya bean seeds are being imported "illegally" for cultivation, in violation of a directorate general of foreign trade (DGFT) notification of 2006 that prohibits the import of GMOs without approval from the genetic engineering appraisal committee (GEAC). Some activists have also found imported packaged foods containing GM ingredients being sold in departmental stores, one of which is...