The government may make mandatory the disclosure of high-value purchases such as property and jewellery. Stung by growing public outrage over corruption, finance minister Pranab Mukherjee will on Monday spell out steps taken and planned to curb proliferation of black money. There are no clear estimates of the size of India’s black economy but the amount is pegged between $462 billion (Rs.22 lakh crore) and $1.4 trillion (Rs.77 lakh crore). Mukherjee...

The Parliament of India, the highest citadel of its democracy, recently completed 60 years. This magnificent circular edifice was inaugurated on January 18, 1927, by the then governor-general, Lord Irwin, and legislative councils had conducted its sessions here. After Independence, the Central Hall accommodated the Constituent Assembly till it completed writing the Constitution. The first Lok Sabha was constituted on April 17, 1952, and the first Rajya Sabha on April...

German drugmaker Bayer AG has demanded the withdrawal of the country's first compulsory licence given to Natco Pharma, arguing that a three-fourth reduction in the price of the anti-cancer drug by another Indian firm has made the permit redundant and its patent itself is vulnerable to being revoked. In March, India allowed Natco Pharma to legally make and sell a low-cost version of cancer drug Nexavar at 3% of the original...

-The Hindu All India Confederation of SC, ST Organisations, State unit, is organising a national seminar here on June 17 to discuss implementation of reservations for Dalits in private sector and higher judiciary. The seminar would also review recent Supreme Court's judgement against reservations in promotions. The meeting would be presided over by Udit Raj, who had earlier rallied SCs, STs across the country at Ramlila Grounds in New Delhi when the...

-The Times of India JAIPUR: The state cabinet on Wednesday approved allotment of nearly 400 hectares land near Sariska to the forest department in return for the land acquired in Jaipur for the Rajiv Gandhi Awas Yojana meant to rehabilitate slum dwellers. Decisions related to salaries and perks of chairperson and members of the state human rights commission, lawyers' welfare, increase in study leave for doctors and enhancing the policemen's allowances were...