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,...

The district supply office department will go online with the data on inflow of grains and available stocks in city fair price shops. The new system, brought in as part of modernisation of the public distribution system, is expected to put up the data by December 20.“We will put up the entire data online on www.mahafdopune.in, and this will enable citizens to check on the available stocks; this will ensure...

It spreads across five countries including Nepal, Bangladesh, Pakistan, South Africa and Bhutan, apart from a total of 34 of the 71 districts in Uttar Pradesh. It involves over 450 Class-I government officials and another 800 middle and lower rung subordinates apart from some 10,000 private entities and may require 5,000 FIRs to cover the scam in totality. The foodgrain scam of Uttar Pradesh has emerged as a strong contender for...

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,...

NDTV, through its foreign subsidiaries, is suspected to be indulging in gross violations of Indian tax and corporate laws. NDTV Network Plc, UK was set up in November 2006. Its balance sheets were not filed in India. This company has raised and invested huge sums of money in its subsidiaries, NDTV Imagine (now sold), NDTV Lifestyle, NDTV Labs, NDTV Convergence and NGEN Media Services. The main activity of the company...