India on Saturday managed to get backing of the world’s 19 most powerful economies on the issue of sharing tax information, as the G20’s draft communiqué for the first time took note of New Delhi's concerns. The draft, however, remained silent on recovery of ill-gotten wealth stashed in tax havens. The draft communiqué, to be issued by G20 finance ministers and central bank governors later on Saturday, has resolved to address...

In planning, pursuit of profit was not seen as being in the social interest in the post-Independence years, but now profit is the sole motive. FOR two decades now the Government of India has pursued a policy of accelerated liberalisation, dismantling controls, diluting regulations and making the state a facilitator of private investment. It is not that the presence of the state has diminished during this period, but that its role...

-The Hindu   ‘The mechanism for compensating the affected people is not clearly defined and has many limitations' Industry chambers led by Confederation of Indian Industry (CII) and FICCI on Friday sought a review of the Mines and Minerals (Development and Regulation) Bill, 2011 approved by the Union Cabinet stating that the industry was concerned on royalty, profit sharing and the methodology of providing assistance to project-affected persons. In a statement here, Rana Som,...

-The Telegraph   Had it not been for a tub of hot water and a celebrated judge in England in 1949, Bengal’s Singur law may have found itself in legal hot water. Justice I.P. Mukerji, who delivered the Singur judgment, was guided by a 62-year-old English case that dealt with hot water supply by a landlord, according to the order issued on Wednesday. The Calcutta judge used the principle of “purposive interpretation”, which figured...

It will be offered as National Health Package for all common conditions Strongly recommending a re-configuration of the entire health system where the government will have a major role to play, a high level expert group on Universal Health Coverage (UHC) has proposed making health care an entitlement to every citizen. The group suggested that health care be offered as a National Health Package (NHP) covering all common conditions and high-impact health...