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10 killed in Goalpara police firing-Sushanta Talukdar

-The Hindu Miscreants opposing panchayat polls torch houses, schools; ethnic clashes trigger exodus Guwahati: At least 12 persons including three women were killed — 10 persons in police firing and two in ethnic clashes between Rabha and non-Rabha groups in Rabha Hasong Autonomous Council (RHAC) areas in southern Assam’s Goalpara district on Tuesday. The clashes have triggered huge exodus of people from the affected and nearby villages. Fleeing villagers have taken shelter in...

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Dismal economic data adds to government’s woes

-The Times of India There was no let up in bad news for the government on the economic front. Amid the debate over slowing economic growth, data released by the Central Statistics Office (CSO) on Tuesday showed industrial output fell 0.6% in December, posing fresh policy challenges. This is the second successive month of decline for factory growth which has remained anaemic due to a string of factors including high interest rates,...

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Political donations to get transparent

-The Times of India MUMBAI: India Inc has had to wait for nearly three years for the government to roll out the rules relating to the functioning of electoral trusts. The rules have been recently notified and come into effect from January 31, 2013. The 2009 Budget had introduced provisions relating to electoral trusts in the Income-tax Act. It provided for tax exemption to electoral trusts which distribute contributions to political parties,...

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An abomination called AFSPA-Sanjoy Hazarika

-The Hindu Mr. Chidambaram has sought to blame the Army for the failure to repeal the draconian Act but the government is equally guilty as it has abdicated responsibility in the matter At an institute that is virtually owned, funded and run by the Ministry of Defence (MoD), Union Finance Minister P. Chidambaram did the unthinkable the other day. He virtually attacked the Army for refusing to review and amend the draconian...

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Court upholds Andhra law on microfinance-Viswanath Pilla and Dinesh Unnikrishnan

-Live Mint High court asks state to review law in light of proposed national regulations to govern the sector The Andhra Pradesh high court on Monday upheld a law that led to the near demise of the microfinance industry towards the end of 2010, but asked the state government to review the legislation in the light of proposed national regulations to govern the sector.   News of the review sent the stock of the...

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