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...

It was Jawaharlal Nehru who said that ignorance is always afraid of change. In the light of this, there is no doubt that the Right to Education (RTE) Act is a courageous piece of legislation. But the 25% reservation clause for poor students in unaided private schools in the Act could end up facing serious operational problems. According to the law, the State will pay the private schools that admit...

There is evidence to show that growth is slowly becoming inclusive. But for the quality of life to improve, incomes must be complemented by infrastructure. For close to at least five years now inclusive growth has had a central place in the official discourse on the economy. The UPA II has itself worn its self-proclaimed success in delivering an inclusive growth as a badge of its effectiveness, not to mention its...

Women in India face discrimination even when it comes to their heart health.  Three separate studies - one of them from India and the other two from China and West Asia - presented at the World Congress of Cardiology in Dubai on Friday said that women don't receive the same treatment as men for heart disease across the world.  They said that women with acute coronary syndrome (ACS) receive inferior or less...

PROFESSOR Shamnad Basheer joined the National University of Juridical Sciences (NUJS), Kolkata, in November 2008 as the first Ministry of Human Resource Development Chaired Professor in Intellectual Property Law. Before this, he was Frank H. Marks Visiting Associate Professor of Intellectual Property Law at the George Washington University law school and a research associate at the Oxford Intellectual Property Research Centre (OIPRC).  He is the founder of several initiatives, including...