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India To Finalize GAAR In 20 Days, May Amend Income Tax Rules

India would finalize the guidelines on its controversial anti-avoidance law within 20 days after considering the recommendations made by a government panel, ending months-long stalemate on the issue, Finance Minister P Chidambaram said Monday.
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India's Trade Deficit Widens In August

India's trade deficit widened marginally to $15.6 billion from July's $15.5 billion as export fell at a sharper rate than the imports for the month of August, according to the data released by the Ministry of Commerce Monday.
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No Bacon Shortage In 2013: Rising Pork Prices Are Largely A Hoax

Earlier in the week, it was widely reported that 2013 would bring a “bacon shortage,” as rising pork prices would eventually drive up demand for bacon to the point where it would be almost impossible to find. However, even after falling for the story themselves, NBC News is reporting that the bacon shortage is hogwash.

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