-The Times of India India is among the countries that suffer from "high corruption risk" in defence purchases, one of the most elaborate global assessments of corruption in the high spending sector has concluded. According to the report, 'Government Defence Anti-Corruption Index 2013' by Transparency International UK, 36% of the countries assessed by the index was found to have high corruption risk. India and China are among those countries. The band in which...

-Live Mint Cabinet-approved Bill may stir up controversy after it left out a key proposal to bring CBI within its purview On the day that it approved the anti-graft Lokpal Bill, the first murmurs of dissent against finance minister P. Chidambaram’s call for expenditure cuts surfaced in the Union cabinet—over the seemingly piffling amount of `90.38 crore.   The cabinet eventually overruled the finance ministry’s objections and approved the infusion of the money for...

-The Hindu One of the most prominent features of India’s middle-class-driven public culture has been an obsession about our GDP growth rate, and a facile equation of that number with a sense of national achievement or impending arrival into affluence. In media headlines, political speeches, and everyday conversations, the GDP growth rate number — whether it is five per cent or eight per cent or whatever — has become a staple...

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

-AFP Delegations from some 140 countries agreed on Saturday to adopt a ground-breaking treaty limiting the use and emission of health-hazardous mercury, the U.N. said, though environmental activists lamented it did not go far enough. The world’s first legally binding treaty on mercury, reached after a week of thorny talks, will aim to reduce global emission levels of the toxic heavy metal, also known as quicksilver, which poses risks to human health...