The Supreme Court today asked central vigilance commissioner P.J. Thomas to explain why his appointment as head of the country’s top anti-corruption watchdog shouldn’t be scrapped even as the embattled bureaucrat hung on to his post. The notices to Thomas and the central government were a first from the court, which had so far only questioned Thomas’s appointment as CVC for his alleged involvement in a palm oil import case. The vigilance...

Two months after the crisis in the microfinance industry broke out, resulting in the possibility of bank loans to the sector becoming non-performing, the government now wants to do a reality check. Last evening, the finance ministry dashed off a letter to public sector banks, Small Industries Development Bank of India and National Bank for Agriculture and Rural Development, asking them to furnish data on how much exposure they have to...

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...

A team of officials, led by Assistant Commissioner Prabhuling Kavalikatti, raided a black stone quarry in Vitla in Bantwal taluk and rescued 39 bonded labourers, including some children, on Wednesday. While some of them are from Krishnagiri district in Tamil Nadu, others belong to Kanakapura near Bangalore. They were given meagre wages and were not allowed to leave the quarry for six years, according to Mr. Kavalikatti. He described it as...

December 1 is World AIDS Day, and there is some reason for India to feel good about. A new study, conducted by a multinational diagnostic chain, claims that the number of HIV positive patients has declined in the country in the past three years. The study, conducted by Metropolis Healthcare Ltd, tested a sample size of 18,005 walk-in patients for HIV-related diseases between January-October 2008, 2009 and 2010, in Mumbai, New Delhi,...