-Outlook   The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...

-The New Indian Express   NEW DELHI: The good times may be over for non-governmental organisations (NGOs) operating in ‘mysterious' sectors like participatory democracy, advocacy, action research, innovative communication, inclusiveness etc. Sources said Foreigners Division under the Ministry of Home Affairs (MHA), is tightening the noose around such NGOs and a wide ranging reform is on the top of its agenda. "Activities of NGOs organising workshops on the regulatory FRAmeworks, developing communication strategies, people...

-IIM Ahmedabad   There is no denying the fact that human life is precious and in cases of medical negligence, the judges find it extremely difficult to decide on the quantum of compensation as the quantum is highly subjective in nature, and despite the best efforts of the legislature to enact certain laws which can somehow provide a FRAmework for arriving at a quantum, and also interpretation by the judiciary for so...

-The Business Standard   Agriculture ministry wants review of clamps on holdings; rural development ministry seeks centralisation of records With Narendra Modi set to take over as prime minister in the next few days, the department of agriculture is proposing a comprehensive review of land ceiling laws as a first major reform in the sector.   Land also figures in the to-do list of the rural development ministry. It has proposed centralisation of land records...

-The United Nations   The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...