-Outlook The Income Tax Department today said it is investigating cases of black money holders on the basis of information furnished by foreign countries and will initiate prosecution proceedings wherever required. The department has taken a similar action against those individuals who figured in the LGT bank accounts list. "These cases are spread across the length and breadth of the country according to the Assessing Officers (AO) having jurisdiction. "They (AO) are quasi-judicial authorities...

-The United Nations A United Nations treaty which provides a set of international standards to improve the lives of millions of domestic workers worldwide has now been ratified by a second Member State, the Philippines, allowing it to come into force next year, the world body announced today. The Convention on Domestic Workers, which states that workers around the world who care for families and households must have the same basic labour...

-The Times of India India, dubbed 'the melting pot of cultural diversity', is also home to the world's 11th largest population of 'Internally Displaced People' (IDP). These people are forced to relocate fearing religious, ethnic or other persecution in conflict-induced situations. India and Turkey are the only 'stable' country in the list of 12 nations which have witnessed forced migration of a million or more. Others are either ravaged by ongoing...

-The Economic Times The economic and social impact of reduction in petroleum subsidies in India will be much lower than perceived if a cash transfer system for directly subsidising vulnerable consumers is successfully implemented, studies commissioned by the Geneva-based International Institute for Sustainable Development have said. The government must, however, dismantle subsidies in a calibrated manner as vulnerable consumers will be able to adjust better if the under-recoveries are gradually eliminated, cautioned...

-The United Nations More consolidated efforts to combat the threat of climate change and counter its ripple effects on global food security are needed amid an intensifying global drought and increasing temperatures worldwide, the United Nations declared today. “Climate change is projected to increase the frequency, intensity, and duration of droughts, with impacts on many sectors, in particular food, water, and energy,” said World Meteorological Organization (WMO) Secretary-General Michel Jarraud in a...