The Union government on Friday strongly defended the interception of Niira Radia's telephones, saying that this was done because of a probe into complaints alleging that she "as an agent of foreign intelligence agencies" and was "indulging in anti-national activities." A joint affidavit filed by ministries of home and finance as well as the Income Tax department said, "A complaint was received by the finance minister dated November 16, 2007, inter...

About 54% Indians paid a bribe in the past year, according to a global survey by Transparency International (TI), which pegs the extent of corruption in India at levels comparable with Cambodia, Nigeria, Afghanistan, Senegal, Uganda and Liberia. TI’s Global Corruption Barometer survey, released on global anti-corruption day, measures public perception on corruption across the world. One metric asks respondents if they had paid a bribe during the past 12 months...

Affidavit silent on Tata's plea to stop further publication of tapesInvestigations not yet over, no question of destroying recordsThe Income Tax Department, which had recorded telephonic conversations of corporate lobbyist Niira Radia, was not responsible for the leak of the tapes, a common affidavit filed by the Centre in the Supreme Court said on Friday.In its reply to the writ petition filed by industrialist Rata Tata alleging that publication of...

One person in four worldwide paid bribe during the past year while 54 per cent Indians said they greased the palms of authorities to get things done, says a study released on Thursday to mark International Anti-Corruption Day."Corruption has increased over the last three years, say six out of 10 people around the world, and one in four people report paying bribes in the last year," the Berlin-based non-governmental agency,...

Ratan Tata has initiated an interesting debate on the nature of India’s capitalist class. His characterization of this class as crony capitalists may not be out of place given recent evidence on a politics, media, judiciary and corporate nexus.Crony capitalism is a system in which businesses multiply their wealth not by fair rules of the market, but through their nexus with governments. Classic examples are the distribution of legal permits,...