-PTI   The Congress today launched a campaign to counter the anti-graft movement by Anna Hazare and Baba Ramdev and accused a section of civil society of trying to weaken democratic institutions. "The Constitution has given the power to legislate only to Parliament and the state Assemblies. If 5,000 or 6,000 people dictate from outside what the Parliament ought to do, this will weaken democracy," Finance Minister Pranab Mukherjee told a press...

The government's move to make tax evasion a criminal offence has drawn strong criticism from former policymakers and commentators, who say if such a move is implemented it will hurt economic activity, undo years of tax reforms and increase harassment. A panel headed by Central Board of Direct Taxes chairman Prakash Chandra, which held its first meeting on Thursday, will examine the proposal. The proposal appears to have been made because...

-Reuters   The world's trading nations are succumbing to protectionism in the wake of the global financial crisis, limiting exports of food and raw materials and installing new import barriers, the WTO warned on Friday. Commodities export restrictions from Indian cotton and Ukrainian wheat to Chinese rare earths and coal are "not without hazards", the World Trade Organization said in the report that assesses the protectionist behaviour of more than 180 nations. The...

PTI   Union Finance Minister Pranab Mukherjee on Saturday made light of the criticism being faced by West Bengal Chief Minister Mamata Banerjee for first announcing an ordinance and then saying a bill would be moved in the assembly to reclaim the 400 acre at Singur. "So what? It's a good decision," Mukherjee told reporters in reply to a question before leaving for his Jangipur Lok Sabha constituency in Murshidabad district. The chief...

As the Lokpal Bill gets mired in a tortuous birthing, the debate shifts to who exactly has the right to pass a law Why Politicians Hate Civil Society     * Unelected activists stealing Parliament’s right to make laws, undercutting role of parliamentarians     * Demands like an all-powerful Lokpal directly impact political-bureaucratic class and the status quo     * Rigid deadlines, fasts unto death to press home issues are akin to holding government...