In a move that could further delay South Korean steel giant Posco’s plan to build a $12-billion steel plant near Paradip in Orissa, the expert appraisal committee of Coastal Regulation Zone on Tuesday decided to defer its decision on giving approval to the project. The panel has cited absence of sufficient details on the likely environment impact of its captive port at Jatadhari, near Paradip, said people involved in the matter....

NIIRA RADIA, the lobbyist at the heart of India’s audacious multi-billion telecom swindle, inaugurated a Krishna temple she funded in south Delhi on her birthday — that, interestingly, coincides with Indira Gandhi’s. Those present on the occasion said Radia prayed for long, presumably seeking divine intervention to wriggle out of the country’s biggest scandal. Before the temple visit, notices from the country’s Enforcement Directorate (ED), Income Tax (IT) Department and the...

Advocates of liberalisation argue that by reducing state intervention and increasing transparency economic reform reduces corruption. Recent allegations of corruption suggest that this may not be true. In a season for scandal, allegations of large scale corruption have capTured political India's attention. The instances to which such allegations relate are many, varying from the sale of 2G spectrum and the mobilisation and/or disposal of land and mining resources to purchases made...

Jharkhand embarked on its first panchayat polls in three decades on an encouraging note today, recording an impressive Turnout in defiance of a few determined efforts by Maoist groups to disrupt the process at various places. Voters queued up from early morning, helping the state to notch up a poll percentage of 64.7 per cent with chief minister Arjun Munda’s home district of Seraikela-Kharsawan recording the highest Turnout of 79 per...

Former telecom minister Arun Shourie on Sunday stirred a controversy by claiming in a TV interview that he was replaced by senior party leader Venkaiah Naidu in Parliament as the BJP's lead speaker in a debate on the 2009 Budget so that the party could take a more accommodating line on proposals that could favour industrialist Mukesh Ambani. Referring to tapes of a purported conversation between lobbyist Niira Radia and JD(U)...