PUBLIC INTEREST


Moneylife Digital Team 28 February 2012
The Karnataka High Court while passing strictures for filing repeated appeals and wasting taxpayers’ money said the I-T department can recover the fine of Rs1 lakh from the official who has filed the appeal and made DSL Software needlessly approach three forums The Karnataka High Court, in a...

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Moneylife Digital Team 28 February 2012
Industry observers advise the public not to fall prey to such schemes as several companies that collected money for giving income by just watching ads have vanished, thus duping thousands of people There seems to be no dearth of “get-rich-quick” schemes in India, trying to lure people with...

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Moneylife Digital Team 28 February 2012
The mail which Anonymous had leaked, that allegedly contained Mr Friedman’s resignation, showed that the writer was concerned about Stratfor’s data security mechanism and had urged the organisation to fortify itself against such breaches Shortly after the hackers group Anonymous released an...

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Moneylife Digital Team 27 February 2012
WikiLeaks’ latest release comes at a time when the battle between cyber-activists and government is heating up The latest WikiLeaks release makes a good example for irony. Not only has Julian Assange and friends delivered a solid upper cut to the US government and its intelligence agencies,...

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Moneylife Digital Team 27 February 2012
They are protesting against ‘fraud’ by National Textile Corporation by profiteering on realty deals Nine associations of mill workers have organised a march on 1st March 2012 in Mumbai—from Currey Road to Gold Mohur Mills. About a thousand mill workers are expected to participate in the...

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Shukti Sarma 27 February 2012
WikiLeaks’ latest expose shows a diligent follow up on Bhopal tragedy/Dow Chemicals issue in the Indian media. The files evoke interest as Dow is one of the sponsor of the London Olympics Today WikiLeaks has started publishing ‘The Global Intelligence Files’—more than five million emails—from...

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Moneylife Digital Team 25 February 2012
The fight for bringing exchanges under the ambit of the RTI Act is not over yet. But MCX’s willingness to be brought under the Act would certainly put pressure on other exchanges Multi-Commodity Exchange (MCX), which received a thumping response for its initial public offering (IPO) in a...

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Moneylife Digital Team 24 February 2012
Prashant Bhonsale, country head of Credila Financial Services, confirms the rising trend in the number of loan applicants. “In our experience the number of students applying to study abroad is rising. There is definitely an uptrend” Signs of slowing global economy, strict visa norms in the UK...

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 Is there really a shortage of people in India who will work the way the employers want them to, or is it something else? The extremely skewed disparity may offer one clue—and also a solution. But as with everything else, this change too, has to come from the top On one level in life, I am also...

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There is a global broad pattern in such cases, where ships and the crew on board are held hostage by a variety of entities for a variety of genuine or suspect reasons. In this often repeated phenomenon, the selected crew members are taken into custody and the ship itself is released after a few...

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Our taxes and expenses—and therefore also cost of cars and fuels—could come down if corruption were reduced from our roads, explains Veeresh Malik The Delhi Traffic Police are coming down on automobiles that carry symbols which otherwise belong to emergency and rescue vehicles. The...

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There is a history to words. Each one was first used by someone, now long dead, in a particular context to tell someone something, to elucidate  an argument, to persuade of a conviction,  to inflame one to fiery action or simply to caress  someone with the softer syllables of love I was...

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As the ICAC chief said at an international conference, corruption occurs when an individual abuses his authority for personal gain at the expense of other people. Corruption erodes fairness and the rule of law, and in some cases, puts lives and property at risk In the previous part, we saw...

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Another fraudulent disclosure scheme? As embarrassing disclosures of Indian money stashed in tax havens continue to erupt around the world, the government is desperate to help powerful politicians and businessmen bring the money back to India. Consequently, the Central Board of Direct Taxes...

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Public-private partnership comes under RTI Act Central Information Commissioner (CIC) and former activist Shailesh Gandhi’s path-breaking order in connection with the powerful Public Health Foundation of India (PHFI) is set to shed a great deal of sunlight on secretive public-private...

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Is there a solution to the lack of will by government department heads in voluntarily providing information under Section 4 of the RTI Act, because of which information is primarily delayed? PricewaterhouseCoopers along with IMRB which conducted a study at the behest of the central government...

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Cure rarely, comfort mostly but, console always should be our motto when one is ill. Patient care simply is caring for the patient “A reasoning, self-sufficing thing, an intellectual all-in-all!”— William Wordsworth The quote below is one of the many brilliant sayings of that great brain, Sir...

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The right-to-reject button alone will create plenty of pressure in entrenched political parties to find better candidates As I write this piece, over 2,200 candidates are vying for the 227 corporators’ seats of India’s richest municipality—the Brihanmumbai Municipal Corporation (BMC). Yet, I...

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A conflict of interest situation arises when the private interest of a public servant competes with or is in conflict with the interest of the government or his public duties. This sort of thing happens in India every day. Lokayukta is the only solution In 1998, the Independent Commission...

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Since 2004 when the Mumbai Metro Master Plan was unveiled, three of the nine lines should have been completed and should have been in operation. Ironically even the Line 1 is not complete. What is in store for the citizens of Mumbai? Before setting out to deal with Line 3 of Mumbai Metro, a...

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