India has lost nearly a half-trillion dollars in illegal financial flows out of the country, says a new study by Global Financial Integrity. India is losing nearly Rs.240 crore every 24 hours, on average, in illegal financial flows out of the country. The nation lost $213 billion (roughly Rs.9.7 lakh crore) in illegal capital flight between 1948 and 2008. However, over $125 billion (Rs.5.7 lakh crore) of that was lost in...

Ms. Bhatt has helped poor women attain dignity and independence “Investing in women is one of the most powerful ways to fight poverty” Ela Bhatt, founder of the Self-Employed Women's Association, was presented with the first Global Fairness Initiative Award by United States Secretary of State Hillary Clinton, “for her contribution to India and particularly the women of India, and to the global community.” Speaking at the awards ceremony held at the Kennedy...

For Sonia Gandhi, the change could not have been more dramatic. Just last year, her contribution in pushing for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was hailed as the single largest reason for the fresh mandate received by a government avowedly dedicated to the aam aadmi. Yet, last week, Gandhi, as chairperson of the National Advisory Council (NAC) was reduced to lodging a complaint with Prime Minister...

A week after the Union Cabinet gave its nod to a gender empowering legislation that will protect women from sexual harassment at the workplace, another landmark scheme — to provide financial aid to rape victims — could soon be a reality. Decks have been cleared to provide rape victims or their legal heirs with financial aid to ensure "restorative justice" in the form of legal and medical assistance, shelter, counselling...

91 per cent did not report for fear of being victimised In nearly 72 per cent of the incidents the perpetrator was a superior Just as the Cabinet approved a bill that seeks to protect women from sexual harassment at workplaces, a survey by a non-governmental organisation has claimed that nearly 88 per cent of the female workforce in Indian Information Technology and business process outsourcing and knowledge process outsourcing (BPO/KPO) companies...