Drug smugglers and third-world dictators laundering ill-gotten wealth through secretive banking systems in tax havens is an anachronistic image from crime novels. Leveraging US' remarkable success in compelling tax havens to block terrorist financing, the G20/OECD have successfully persuaded tax havens to improve tax transparency and participate in an international regime of information exchange.  All tax havens have committed to OECD standards for tax transparency and are executing Tax Information Exchange...

Overlooked and ignored, the problem of untouchability continues to be practised and perpetrated in the country. It is a lifetime of misery and humiliation, unimaginable for the relatively privileged but a daily reality for over one-fifth of the country’s 120 crore-plus population, as revealed succinctly in 22 short and easy to view videos under the Article 17 Campaign launched on April 14, 2012 by India Unheard, which claims to be...

-The Telegraph SRInagar’s city centre today turned bunker-free for the first time since militancy erupted two decades ago, but it coincided with a firing incident in which a policeman fell to a militant’s bullet in the old city. Sukhpal Singh, an assistant sub-inspector, was shot dead from point-blank range at Darish Kadal while on duty at the Baghyas Chattabal post. A police officer said Singh was drenched in blood when he was shifted...

Smoking kills, but most smokers still don’t know how. One in two Indian smokers isn’t aware that tobacco addiction can lead to stroke and 38% that it can cause heart disease.   These are some of the startling findings of a World Heart Federation report that will be released at the World Congress of Cardiology (WCC) in Dubai on Saturday. India is high on tobacco addiction. It has 138 million smokers and 28%...

-Reuters India may have average rainfall in 2012 despite fears the El Nino weather pattern may emerge in the second half of the season South Asia is likely to receive average monsoon rains in 2012, a global forum relied on by governments for forecasting said, erasing the possibility of any drought in the region and India, which is a major consumer and producer of farm commodities. "The region is likely to receive average...