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It is hard to trust GM when it is in the grip of a few global giants-John Vidal

-The Guardian Don't believe the hype: GM is in the grip of a few firms that profit from selling the chemicals they engineer their seeds to resist Thirty years ago, genetic engineers hoped new technology would revolutionise world farming and reduce or even eliminate the need for fertilisers and pesticides. It was a noble idea that deserved success. But only promises came. In the 1990s the public was told genetic modification would...

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People, The Real Estate-Pragya Singh

-Outlook A new land acquisition bill readies for budget session. How will it fare? Bill Of Blights     Defines “public purpose” too broadly, allows govt to acquire land for PPPs     Less landowner consent required for PPPs than private-only projects     The bill’s compensation norms likely to face strict challenges in the courts     States have been given R&R powers but could lead to arbitrary outcomes     Doesn’t consider govt projects where compensation, R&R are neglected *** The...

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Shell India accused of tax evasion-Utpal Bhaskar, Remya Nair and Amrit Raj

-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development.   Following the notice, which is one of the biggest transfer pricing orders...

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Don’t join retail queue but cut diesel taxes, Moily tells States-Sujay Mehdudia

-The Hindu OMCs will revise price every month until losses are wiped out The Centre is seized of some State governments’ directive to their transport undertakings (STU) to line up at retail outlets for refuelling following the removal of subsidy for bulk consumers of diesel, Petroleum Minister M. Veerappa Moily said on Friday. Talking to reporters here, Mr. Moily said he had heard that States such as Gujarat and Tamil Nadu had asked...

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Ashis Nandy’s corruption theory is a load of bull -R Jagannathan

-First Post Here’s the real reason why sociologist Ashis Nandy should be in the dock of public criticism. There is almost no evidence whatsoever to substantiate his observation that the backward classes and Dalits are seen as more corrupt because they are less good at hiding it than their upper class compatriots. Nandy is facing police investigations for saying at the Jaipur Literary Festival (JLF) last week that “most of the corrupt...

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