-The Times of India The government's white paper on black money, tabled in Parliament on Monday, listed a one-time tax amnesty to recover funds stashed abroad and a gold deposit scheme for locals as possible ways to deal with the menace, while suggesting that individuals get the tax department's go-ahead for all property deals and face undue scrutiny on cash in their possession. It also called for setting up of independent regulators,...

-The Times of India India's space agency Isro bent rules for private firm Devas to sign a deal for multimedia services, projecting a paltry Rs 1,120 crore revenue over a 12-year period that would not even have covered the cost of launching two satellites for the promised service, the Comptroller and Auditor General (CAG) has said.  In a report submitted to Parliament on Tuesday, the official auditor gave the Prime Minister's Office...

The IT (Intermediaries Guidelines) Rules, drafted to protect intermediaries, now appear to be a tool that can be used to harass them. EIGHT years ago, the chief executive officer of an auction portal was put behind bars because a user put an obscene MMS clip up for sale on the site. This sparked a demand from intermediaries, the entities that provide services enabling the delivery of online content to end-users,...

The chattering classes of urban India are engaged in animated discussions about Didi, scams, policy paralysis , faltering reforms and declining growth. Meanwhile, the farming classes, who haven't seen much reform since the Green Revolution 50 years ago, continue to combine bits of modern technology with their ingenious capacity for 'jugaad' in transforming traditional agriculture. Here are a few examples. The tractor displaced the bullock in ploughing and other farm operations....

-The Times of India In a first of its kind, the oil ministry has slapped a notice of $1.2 billion, or Rs 7,000 crore, on Mukesh Ambani's Reliance Industries Ltd for a sharp fall in gas output from its showcase Andhra offshore field. The notice, served on Wednesday, says the company would not be allowed to recover from sale of gas the cost of its investments worth $457 million made in the...