The Centre today promised a “comprehensive study” to gauge black money but told the Supreme Court it couldn’t reveal information on such cash stashed abroad because of “confidentiality” clauses in overseas pacts. The government explained its stand in an affidavit in the Supreme Court, which had earlier rapped it for not doing enough to deal with the menace. The National Institute of Public Finance and Policy, the National Institute of Financial Management...

Climate change is a serious global issue of great concern to different countries. So said Dr Manjit Singh Kang, PAU vice-chancellor, on the opening day of a three-day international conference on 'Preparing Agriculture for Climate Change' at Punjab Agricultural University (PAU) on Sunday. 'Green revolution is a path-breaking movement and Punjab has spearheaded it for over four decades,' said Punjab Agricultural Marketing Board chairman Ajmer Singh Lakhowal, the chief guest. Kang, who...

It is almost two years since the German Government had passed on the names and bank account details of eighteen Indians who had stashed their alleged ill-gotten wealth in the LGT bank of Liechtenstein, a well-known tax haven nation, 190 km from Munich, Germany. Germany had officially handed over the list to the Indian Government on 18 March 2009. Prime Minister Manmohan Singh and Union Finance Minister Pranab Mukherjee have since...

The poor man’s fuel, kerosene — paid for by state subsidy — is diverted to adulterating diesel mostly for truckers. And the industry is estimated to be worth half the sum the government spends on employment for the rural poor every year. Welcome to the Great Indian Kerosene Racket, which hit a new high this week when additional collector Yashwant Sonawane of Maharashtra’s Nashik district lost his life in a...

When we hear the word innovation, we often think of new technologies or silver bullet solutions — like hydrogen fuel cells or a cure for cancer. To be sure, breakthroughs are vital: antibiotics and vaccines, for example, transformed global health. But as we’ve argued in Fixes, some of the greatest advances come from taking old ideas or technologies and making them accessible to millions of people who are underserved. One area...