-The Hindu Political parties are ‘deeply concerned' and even ‘outraged' at the Supreme Court verdict that any person in custody - whether convicted or not - could not contest elections. Even as they had apprehensions, politicians had ‘cautiously welcomed' the verdict, which disqualified convicted lawmakers from holding office or contesting polls. But the judgment barring those imprisoned from fighting polls has opened up prospects of a confrontation between the judiciary and the...

-The Indian Express But parties can be made to disclose their finances compulsorily We have received a number of inquiries about the CPI's position on bringing parties under the Right to Information (RTI) Act. The decision of the Central Information Commission (CIC) that political parties should come under the RTI, as they receive a substantial amount of financial help from the government, has been rejected by all parties. Many eyebrows were raised...

-The Times of India BANGALORE: Holders of fixed deposits have been earning a negative return in real terms for most of the preceding five years, thanks to inflation outstripping interest rates. To make matters worse, depositors continue to be taxed on this nominal income. Although bank fixed deposits have never been tax friendly, the level of compliance has been sketchy. But compliance is slowly getting stricter. In the past, RBI norms required banks...

-PTI MUMBAI: The recent five per cent hike in the MSP against 15 per cent average hike in support price for farm produce in the last six years is likely to have only a nominal impact on food inflation Japanese brokerage firm Nomura said in its research report. Government last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for...

-Frontline     Attempts by the Congress-led UPA government to adopt the ordinance route to pass the Food Security Bill fail as the opposition parties are more or less united in seeking a Bill that provides universal PDS coverage. THE National Food Security Bill (NFSB), 2013, touted as the biggest game changer for the Congress-led United Progressive Alliance (UPA) government in the 2014 parliamentary elections, will go through yet another round of discussions...