The term ‘money laundering’ is said to have originated from mafia ownership of Laundromats in the US. Gangsters there were earning huge sums in cash by extortion, prostitution, gambling and bootleg liquor. They needed to show a legitimate source for these monies. Money launderers now resort to the use of apparently legitimate commercial transactions to camouflage their laundering activities. There has been an increasing amount of interest of late in commodity...

A leading Indian biochemist has urged the environment and forests ministry to lift the moratorium on Bt brinjal, the country's first genetically modified (GM) food crop developed using a technology supplied by the US multinational seed giant Monsanto. 'The moratorium is not affecting the multinational companies but India's own scientists who are ready with more than a dozen GM crops, including (Vitamin-A rich) golden rice,' said Govindarajan Padmanabhan at the Indian...

Estimating black money has been a long time preoccupation of economists and tax collectors in India. Several books have been written and several government reports prepared. It is possible to suggest that the policy disincentives that may have contributed to black money generation, like high tax rates, have been moderated, if not eliminated, and that the incentive to declare income has gone up since the beginning of tax and policy...

While reliable data on health workers in India is difficult to obtain, a report in The Lancet: India series says that the country has roughly 20 health workers per 10,000 population. The figure is arrived at when the workforce is calculated including allopathic doctors (31%), nurses and midwives (30%), pharmacists (11%), practitioners of ayurveda, yoga and naturopathy, unani, siddha, and homoeopathy (9%), and others (9%). In their paper ‘Human Resources for Health...

Charged particles from beyond solar system possibly affect the pace, but the extent is not clear The role of the cosmic rays has been highlightedin a paper by the former ISRO Chairman, U.R. Rao Dr. Rao points to a nine per cent reduction in the intensity of cosmic rays during the past 150 years The impact of cosmic rays on global warming needs to be assessed. Are charged particles coming from beyond the...