-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development.   Following the notice, which is one of the biggest transfer pricing orders...

-The Guardian Inequity such as that symbolised by Antilla, the world's richest home, thwarts poverty reduction – and policymakers must act If you want a glimpse across the yawning chasm that separates the world's super rich from the ultra poor, there's no better place than Mumbai's Altamount Road. Look up and you'll see Antilla, the world's most expensive home. With spectacular ocean views, swimming and gym facilities, and no fewer than three helipads,...

-The Indian Express It is very difficult to try and be a rational voice in the cacophony of cries for revenge and retribution on the alleged perpetrators of the ghastly crime that was committed on the night of December 16. I am equally ashamed, outraged and shocked that an incident like this could take place in the heart of India, which gave birth to a Mahatma Gandhi, a Gautam Buddha, a...

-The Indian Express Rural families in low income states such as Bihar, Uttar Pradesh and West Bengal depend far less on ration shops for wheat and rice than the national average. In Bihar, less than 12 per cent of the rural population uses ration shops to buy rice, and in West Bengal, less than 6 per cent of rice consumed by rural families is bought from these shops, data from five-yearly...

-The Hindu By opting for a U.S.-style medical care model, India is endangering its universal health coverage goal, and paving the way for a corporatised, for-profit system As India continues to debate how best to implement universal health coverage, two recent and seemingly unrelated news items need to be analysed carefully. The first one pertains to a report released earlier this year by the National Research Council and the Institute of Medicine in...