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Cabinet clears Companies Bill; to be taken up this session

-The Indian Express   The Cabinet today approved the Companies Bill 2011 which, once approved by Parliament, will replace half-a-century-old Act. "The Cabinet has cleared Companies Bill, 2011. It is likely to be tabled (for consideration and passage) in the ongoing Winter Session," a Corporate Affairs Ministry official said after the Cabinet meeting. The Bill, which has already been vetted by the Parliamentary Standing Committee of Finance and also by different ministries, seeks to...

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I-T probe rolling in black cash cases by Pradeep Thakur

Finance secretary R S Gujral on Tuesday said the income tax department has started prosecution proceedings against all those found guilty of stashing black Money abroad, including the Indians found having accounts in HSBC, Geneva.  Gujral said it was an entirely wrong notion that people found accused in black Money cases would be left without prosecution. "We have started prosecution process and we are bound by no agreement not to do...

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Women's health is more than an economic issue by Jayati Ghosh

While higher income levels mean countries have more Money to improve women's health, ultimately it comes down to how governments decide to spend the Money We know that economic growth and human development do not always go hand in hand, as evidenced by the very different position of countries in per capita GDP rankings compared with human development rankings. But the link between health conditions and economic growth is usually thought...

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MPs owe Rs 7.30 crore in phone bills by Chetan Chauhan

It seems the people's representatives are oblivious to the fact that making phone calls costs Money and they have to pay bills like the man on the street. Altogether 405 present and former members of Parliament owe Rs 7.30 crore to public sector Mahanagar Telephone Nigam Ltd for bills not paid for years. Every MP is entitled to two fixed line telephone connections – one in Delhi and other in his...

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3 more farmers commit suicide in Kerala

-The Pioneer   Three more debt-ridden farmers committed suicide in Kerala in 24 hours till Monday morning taking the total number of farmers ending life due to financial problems in the past two weeks in the State to seven.  Farmers Kunhikrishnan (50) and KK Joseph (48) of Wayanad district committed suicide by hanging while Chandran of Palakkad district ended his life by consuming poison. All of them had pending repayments of huge loans...

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