Scenario I: An illiterate person walks into an ATM, utters his password in Bhojpuri to withdraw money. Or a labourer working under the National Rural Employment Guarantee Act (NREGA) speaks his voice signature to mark his attendance for the day. Scenario II: The door at a top-secret Indian defence establishment open son a voice recognition system that allows only certain officials access to the premises. If you think this is stuff out...

It costs the Unique Identification Authority of India (UIDAI) Rs.100 to generate each 'aadhaar' number, which will help address the challenges of inclusion, the authority's chief Nandan Nilekani, said here Thursday. It costs the authority Rs.50 to enrol each individual for the Unique ID (UID) and another Rs.50 on back-end costs, he said. In his address at the annual Rajinder Mathur Memorial Lecture here, Nilekani said that the aadhaar number will help...

A widening corruption scandal that has touched India’s prime minister sent the country’s stock markets down sharply on Friday and threatened to tarnish the country’s image as a rising economic power. Setting off the turmoil was a report from the country’s auditor earlier this week that about $40 billion in wireless spectrum license fees had been squandered by the government’s telecommunications and information technology minister. On Thursday, India’s Supreme Court criticized...

Ratan Tata, chairman of the Tata group, plans to move the Supreme Court against publication of conversations he had with Niira Radia, the corporate lobbyist. The recent publication of transcripts of conversations intercepted by the security agencies between Radia and well-known businessmen like Tata, editors and politicians has blown the lid off tapping phones in India. Rediff.com's Vicky Nanjappa reveals how you can know if your phone is being tapped. Nearly 6,000 phones...

Indian federal investigators have announced an inquiry into 21 companies in connection with a banking loans scandal. Eight bankers have already been arrested this week, including senior executives of top state banks, accused of taking bribes to sign off loans. The Bombay Stock Exchange fell by 1% as a result of the inquiry, analysts said. The investigation is the latest in a series of corruption scandals to hit the country. Those arrested on Wednesday...