The income tax department irregularly allowed deduction to assessees in 33 cases across 13 states in respect of infrastructure developed by joint venture formed by collaboration with foreign companies, undertakings owned by association of pe
At a time, when the country was in the middle of a deep economic crisis and was facing internal insurgency, PV Narasimha Rao, the first ‘accidental’ prime minister, not only restored political stability but also pushed through the econ
It is quite common for businesses to face bloodletting due to disputes and no one wants to get caught in the tangled and protracted web of court litigation. With some of the largest corporates in the world being headquartered in Mumbai, their prim
In order to promote digital transactions through the USSD channel, the telecom regulatory authority of India (TRAI) has waived off the transaction cost from Rs 1.50 to Rs 0.5 paisa per session. The new rates will be effective from
“It is not necessary to have re-introduction of Rs 1,000 when there is already a Rs 2,000 rupee and Rs 500 rupee new note. There is no as such compelling reason but as far as it is logical or not, it is difficult to say right her
Rema Devi of class 6 reaches her school in Nagayalanka block in Krishna district of Andhra Pradesh (AP) at around 9 in the morning. At 7 pm she continues to be in school. Her legs ache. She has been sitting in her chair reading and writing, or pre
Till the mid-1990s, Kota’s air was fragrant. The scent emanated from trees of neem, mango and guava, rose bushes and vines of chameli, mogra, and raat ki rani – varieties of jasmine – that grew in plenty in this Rajasthan city. L
The world’s first malaria vaccine will be rolled out in pilot settings in 2018, the results of which would give an indication of whether they can be deployed on a wider scale, the World Health Organisation confirmed on Friday.
You have read (or heard or seen) countless analyses, points-counterpoints, theories-conspiracy theories and allegations-counter-allegations on the historic move to ban high-denomination currency notes. On TV and web, in print and on social media s
“I was branch manager at the SBI branch in Meerut. Rs 1,000 was a very big amount those days and Rs 500 denomination currency did not exist. The target group at that time were only rich people who were holding unaccounted money and com
“Our farmers have been modifying their crops for centuries through the method of conventional breeding. But here we have not modified but *genetically engineered* the mustard parental lines and hybrid in a manner which gives a 20-30% h
It may not be wrong to say that a major part of the black money arises from corruption, and that it is usually the downtrodden who is affected the most. A book published in 2011 by economists Bibek Debroy and Laveesh Bhandari titled
“There is a prerequisite for change in the attitude of people which should begin from the families of the differently abled people. It will help them build self-confidence and help them achieve whatever they want,” said author an
It’s been 10 days of suffering and chaos for people,and the way the government is continuously learning from its mistakes - announcing reliefs and exemptions, and then even rolling back some - it is transparently clear that the government wa
The National Human Rights Commission (NHRC) has taken suo motu cognizance of the Nandini Sundar case and summoned chief secretary of Chhattisgarh and IGP, Bastar to explain the allegations of hostility and abuse of power against human rights defen
What Sitaram Yechury of CPM said during the demonetisation debate in the Rajya Sabha on November 16 (mildly edited and truncated for clarity): [...] If you don’t have paper, use plastic’. Kahan se layenge?
While the nation struggles to adapt to changes since demonetisation, foreign media has been widely covering the Narendra Modi government’s move and the public’s response. Writing on the direct impact of the announcement
The unthinkable has just happened. The Tamil Nadu government’s decision to implement the National Food Security Act (NFSA) has raised eyebrows. The move was opposed by chief minister J Jayalalithaa, who, today, lay in the hospital for over o
The process for selecting the chief of the world’s biggest multilateral health organisation is underway. The next director-general (DG) of the World Health Organisation (WHO) will be elected at the world health assembly (WHA) in May as the c
The Garden Reach Shipbuilders & Engineers (GRSE) has so far delivered 98 warships to the armed forces and with two more ships almost ready for delivery, the shipyard is now poised to become the first in the country to build 100 warships.