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...

Cabinet clears change in divorce law: Women to get part of husband’s property In a move that could be a setback to land acquisition for commercial use, a parliamentary committee unanimously recommended that the government should not acquire land for industrial, commercial or for-profit enterprises or private companies. Instead, the panel, which has proposed legislation favouring landowners, recommends that private companies and public-private partnerships would have to buy land in the open...

There is need to find indigenous technologies and equipment to deal with this constant and undeclared threat There is increasing concern in the strategic community and the general public about cyber security and we are in the final stages of preparing a whole-of-government cyber security architecTure. Our increasing dependence on cyberspace and the internet is evident. We had over 100 million internet users in India over two years ago. Add to this...

The cartoon controversy shows the enthusiasm of our political class to create a quiescent, question-less environment The year was 1967. Vaikkom Muhammad Basheer had published a story — in Malayalam, of course — called Oru Bhagavad Gitayum Kure Mulakalum (A Bhagavad Gita and a Few Breasts). This Muslim was having good fun, writing about getting hold of a new edition of the Gita and watching a procession of half-naked nubile Nair...

-PTI Retail inflation shot up to the double digit mark at 10.32 per cent in April on account of substantial increase in vegetable, edible oils and milk prices. Based on the Consumer Price Index (CPI), the inflation for March was revised to 9.38 per cent from the provisional estimate of 9.47 per cent, as per the government data release here on Friday. Vegetable prices recorded the maximum of 24.55 per cent, followed by...