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...

The two day 43rd Session of the Indian Labour Conference (ILC), the apex national tripartite body that discusses key issues affecting labour and employment and provides policy perspectives and recommendations, concluded in New Delhi today. The Conference was inaugurated by Prime Minister Dr. Manmohan Singh on Tuesday 23rd November 2010. Senior level representatives of the three pillars of the tripartism, Trade Unions, Employers’ Associations and Government, participated in the deliberations...

After Ashok Chavan, it's now the turn of the former Chief Minister, Sushilkumar Shinde, to face trouble for “favours” to the Adarsh Society during his tenure from January 18, 2003 to October 31, 2004, according to a complaint filed on Saturday with the Maharashtra State Anti-Corruption Bureau (ACB). Mr. Shinde has already denied his role in the scam repeatedly. Advocate Y.P. Singh and activist Simpreet Singh told journalists that Mr. Ashok...

Denmark (Rank 1) Denmark along with two other countries have been ranked as the world's least corrupt countries. With a score of 9.3, Denmark has consistently topped the Transparency International's Corruption Perceptions Index. The country has a strong tradition of openness to global trade and investment, and transparent and efficient regulations are applied evenly in most cases. Denmark also boasts an efficient, independent judiciary that protects property rights, and the level of corruption is...

Every answer to question on Nitish Kumar's performance in the last five years as Bihar's chief minister begins with the phrase, ''Kam se kam itna toh kiya hai... (at the very least, he has done this...).''   By any index of growth and development, Nitish's five-year reign has unleashed no miracles. With 54.4% of its population under the Tendulkar Committee's revised poverty line, Bihar is India's poorest state and its health indicators...