-The Economic Times   The Supreme Court has declined to reconsider its ruling that the tax authorities had no jurisdiction to tax Vodafone's offshore acquisition of its Indian mobile unit, handing what could be a pyrrhic victory to the telecom major. The tax demand, government officials familiar with the case said, could be revived once the provisions in the Union Budget seeking to tax overseas deals are approved by Parliament later this...

For a district feted by the state as the best performer in the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA) scheme, Aurangabad has perfected the art of graft. For, the Sillod taluka in the district has thrown up a case where nearly 800 tribal migrants, labouring since 2009, have not been paid a single rupee in wages, which have allegedly been siphoned off by the zilla parishad officials in...

-Reuters   Cheap generic drugs were meant to change the life of Nandakhu Nissar, whose mouth is swollen by a cancerous tumour. But the cashless and hungry 55-year-old sleeps on a pavement staring up at the windows of Mumbai's biggest cancer hospital.  "What is a generic drug?" shrugs Nissar, who has travelled over 1,500 kms (900 miles) from his home in the hope of treatment. "I have borrowed Money from friends and relatives...

The Planning Commission had released a report, yesterday indicating reduced poverty line to Rs 28.65 per capita daily consumption in cities and Rs 22.42 in rural areas, scaling down India’s poverty ratio from 37.2 percent to 29.8 percent in 2009-10. Firstpost did an interview with Abhijit Sen, Member, Planning Commission. Here are excerpts from the interview: When we say there is a 7.3 percentage points (from 37.2 percent in 2004-05 to 29.8...

The state government has rejected the demand of Right to Information Act activists to incorporate postal orders as one of the modes of payment of application fee and further fee under the RTI. Citing difficulty in the present prescribed modes of payment such as cash, DD, cheque and Money order, the activists had petitioned the government seeking amendment to the Act to incorporate postal orders as a mode of payment. “Most public...