Unfazed by opposition attacks and questions from the Supreme Court, government on Tuesday maintained that it cannot disclose information received from foreign entities on black money held by Indians abroad because of absence of legal framework. Finance minister Pranab Mukherjee, however, dismissed opposition criticism that it was not disclosing information because such disclosure could result in the government's fall. "Let us understand the issue. No information can be made available unless there...

Communist Party of India (Marxist) general secretary Prakash Karat on Sunday repeated the demand for the setting up of a Joint Parliamentary Committee (JPC) to probe the 2G spectrum allocation scam, saying that the issue needed to be investigated on a canvas larger than the Comptroller and Auditor General's “limited” inquiry. Considering the gravity of the irregularities, a “wider and comprehensive” probe was required into the 2G spectrum allocation, Mr. Karat...

Fast-growing emerging nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't start to retreat. Developing-market governments have unveiled a laundry list of measures—including price caps, export bans and rules to counter commodity speculation—to keep food costs from disrupting their economies as price spikes that some had hoped were temporary have stretched into the new year. Some...

The Election Commission has started a sample survey in five poll-bound states to get an idea of voter attitudes and clear misconceptions to ensure greater turnout at booths. The exercise, being conducted by state chief electoral officers, will be completed within the next three or four weeks before elections are notified in Bengal, Assam, Kerala, Tamil Nadu and Puducherry. Commission official Akshay Rout said a similar survey had been conducted in the...

Even though the Central Government agreed to link the wages paid under MG-NREGA to the Consumer Price Index for Agricultural Labourers (CPIAL), it shied away from paying statutory minimum wages in various states of India. Their logic for this: Lack of clarity on who will bear the extra financial burden—the Centre or the states? A letter from the Prime Minister Manmohan Singh to UPA and NAC Chairperson Sonia Gandhi dated 31...