-Outlook The Income Tax Department today said it is investigating cases of black Money holders on the basis of information furnished by foreign countries and will initiate prosecution proceedings wherever required. The department has taken a similar action against those individuals who figured in the LGT bank accounts list. "These cases are spread across the length and breadth of the country according to the Assessing Officers (AO) having jurisdiction. "They (AO) are quasi-judicial authorities...
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Heard of the ‘Bangladesh shining’ story?-Jairam Ramesh, Varad Pande & Pranjul Bhandari
-The Hindu The country has shown that it is possible to have superior social outcomes at lower per capita incomes and rates of economic growth Bangladesh is very much in the news these days in our country, but for the wrong reasons. In the unfortunate Bangladesh-bashing that seems to have become somewhat of a pastime, we seem to have failed to notice the striking developmental success that it has had in the...
More »A battle half won -TK Rajalakshmi
-Frontline A study finds that institutional support alone cannot help reduce maternal mortality in India. THE high rate of maternal mortality in India has been a cause for national concern, especially on account of the focus on reaching the United Nations’ Millennium Development Goals by 2015. Although there is a growing realisation that it will be difficult to meet the MDG targets by that deadline, there is a renewed interest in the...
More »The era of cheap food may be over-Larry Elliott
-The Guardian A spike in prices caused by poor harvests and rising demand is an apt moment for the west to reassess the wisdom of biofuels The last decade saw the end of cheap oil, the magic growth ingredient for the global economy after the second world war. This summer's increase in maize, wheat and soya bean prices – the third spike in the past five years – suggests the era of...
More »Mining baron Reddy completes a year behind bars Sep 5
-IANS Gali Janardhana Reddy, a struggling businessman who became a billionaire in less than a decade and dictated terms to BJP in Karnataka, completes a year behind bars Sep 5 on charges of illegal mining. The former Karnataka BJP minister, however, continues to make news -- for wrong reasons though, like cash-for-bail deal which has sent his brother Gali Somashekara, a Bharatiya Janata Party (BJP) legislator, also to jail. The third Reddy brother...
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