-The Times of India The Enforcement Directorate has issued notices to two former executives of the UBS Switzerland to appear for evidence recording at Mumbai in the Hassan Ali money laundering case. The former executives are believed to have helped the Pune-based businessman Ali in his money laundering allegedly estimated at more than $8 billion. The income Tax had also served Ali with notices in the same case for recovery of Rs...

-The Times of India   The UPA government is bracing for a mega strike on February 28, backed by trade unions cutting across party lines, in protest against rising prices, disinvestment of profit-making PSUs and violation of labour laws among other reasons. They will be joined by around 8 lakh bank Employees who are protesting against reforms and outsourcing of jobs.  Almost all sectors, except railways, are likely to come to a stop...

-AP The microfinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides   First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...

The time spent by government officials replying to RTI is so little that it cannot be a pretext for them to shirk that task In August 2011, the Supreme Court made an observation which had some unintended consequences on the Right to Information (RTI) process. The judgement by Justice R.V. Raveendran is turning out to be a seemingly legitimate excuse for government officials to restrict information.  Aditya Bandopadhyay went to court when...

At a time when the Congress-led UPA government has been battling with Team Anna over a comprehensive anti-corruption legislation, the Central Information Commission (CIC) has taken on the government and the judiciary over the transparency issue saying not even a single public authority has been following disclosure norms.  Even six years after the implementation of the Right to Information Act 2005, the final appellate authority for the legislation feels that the...