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The property of black money

-The Hindu   Since the time of Dadabhai Naoroji, Indians have always been captivated by the idea that our national wealth is slowly being drained abroad. That is why the Supreme Court's decision to set up a Special Investigation Team to ensure the return of money stashed abroad will be widely welcomed. What happens to the ill-gotten gains stashed at home, however, is anybody's guess. Black money is generated by the...

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Supreme Court appoints Special Investigation Team to probe black money issue

-PTI   The Supreme Court on Monday appointed a high-level Special Investigation Team (SIT) headed by former apex court judge B P Jeevan Reddy to monitor the investigation and the steps being taken to bring back black money stashed away in foreign banks. Besides Justice Reddy, who will be the chairman of the SIT, the apex court also appointed its former judge, Justice M B Shah as the vice-chairman of the panel. A bench...

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'Only MoEF can take a final call on Vedanta mining rights in Niyamgiri hills'

-The Times of India   The Union ministry of environment and forests (MoEF) has said it alone can take the final call on whether Vedanta can mine bauxite Deposits in the Niyamgiri hills, asserting that it has the power to turn down the recommendation of the ministry's statutory Environment Appraisal Committee (EAC). Reacting to the report in TOI on Saturday about the EAC's go-ahead to Vedanta to start mining the bauxite deposit...

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Risk in the call by R Ramachandran

A World Health Organisation agency evaluates electromagnetic radiation from mobile phones for carcinogenicity. THERE has been a dramatic increase in the use of the mobile phone worldwide since its introduction in the mid-1980s. According to the estimate of the International Telecommunications Union (ITU), currently there are about five billion mobile phone subscribers globally. In the past decade or so, there has been growing concern about the possibility of adverse health effects,...

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More sunlight

-The Indian Express   Prime Minister Manmohan Singh’s direction to his ministers to update details of their business interests, assets and liabilities has yielded an interesting profile of his cabinet. The financial status of the powerful — how much wealth they have and how they invest it — always draws curiosity. Dr Singh sticks to fixed Deposits, keeping his investment beyond controversy. A.K. Antony’s loan funds a second-hand car. And Kamal...

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