-PTI   Taxmen have seized black money to the tune of a whopping Rs 30,000 crore in the country in the past two years, said the Central Board of Direct Taxes (CBDT) which is set to get investigative powers to boost its drive against wrong-doers. The CBDT is in the process of creating a Directorate of Criminal Investigation after getting approval from finance minister Pranab Mukherjee last week. CBDT chairman Sudhir Chandra said...

The government on Thursday raised the benchmark prices at which fertiliser companies and designated traders can import phosphatic and potash fertilisers with subsidy support so that farmers have uninterrupted supply of plant nutrients in the coming monsoon season despite higher global prices. The subsidy given to companies for making the commodity available to farmers, is computed based on the notified benchmark prices. The decision to raise the prices of imported di-ammonium...

Extreme poverty and clamour for firewood have forced some people in Nayagram into extreme occupations. One such is gathering kolmipoka, an insect with medicinal value After walking almost 30km along rutted roads since the morning, middle-aged Bonchu Nayek returns to his humble home, a two-room hut, as darkness descends on Nayagram—one of West Bengal’s poorest villages—with his day’s earning of Rs10. Nayek, whose forefathers were hunters, belongs to the Lodha-Sabar tribe. With...

The battle against poverty and inequity can be won only if governments focus on the welfare of adolescents, says a UNICEF report. FINALLY, it has been recognised that adolescents constitute a very critical category in the overall battle against poverty and inequity. It is for this reason that the United Nations Children's Fund's (UNICEF) flagship report, “The State of the World's Children 2011”, focusses exclusively on adolescents and cautions against neglecting...

India is expected to witness 5.4 per cent growth in the farm sector in the current fiscal 2010-11 as indicated by substantial expansion in area and production of major crops in both Kharif and Rabi seasons, official sources said today. "In the first half of 2010-11, farm sector has achieved growth of 3.8 per cent, rebounding from -0.1 per cent and 0.4 per cent in the previous two years," an official...