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...

Under fire from all quarters for its inability to tackle the problem of black money, the government plans to focus on the Real estate and gold and jewellery sectors to stanch the movement of unaccounted funds. The proposed white paper on black money, to be tabled in Parliament’s current session, is likely to propose a debate on “offshore voluntary compliance” for tax evaders with large sums stashed abroad, officials involved in...

Justice Markandey Katju's prescription for a regulated media regime is a misplaced step that can actually de-democratise the fourth estate. IT is open season on the political class and the news media. But then, again, it's more like a chase of one's own tail. A self-righteous, delusional, Anna-Baba NGO-ised fringe sets out to stigmatise politics and Members of Parliament; the news media salivate at the prospect and rush to provide...

Jatav residents of Ramgarh in U.P. resist attempts by members of a powerful community to grab their land by violent means. IN what could be considered one of the worst incidents of vendetta against Dalits in the National Capital Region (NCR), members of the Dalit Jatav community were beaten up brutally by some members of the dominant Gujjar community in Ramgarh village in the Greater Noida area of Uttar Pradesh...

The proposal made by a Supreme Court Bench to have guidelines for legal reporting is seen as a serious threat to the freedom of the media. Paradoxes are not new to India. But the current challenges to the freedom of expression and the freedom of the media are sure to confound a future historian looking for explanations. The country is fortunate to have the best of historical circumstances that are conducive...