NIIRA RADIA, the lobbyist at the heart of India’s audacious multi-billion telecom swindle, inaugurated a Krishna temple she funded in south Delhi on her birthday — that, interestingly, coincides with Indira Gandhi’s. Those present on the occasion said Radia prayed for long, presumably seeking divine intervention to wriggle out of the country’s biggest scandal. Before the temple visit, notices from the country’s Enforcement Directorate (ED), Income Tax (IT) Department and the...

Business was derailed in Parliament for the tenth day on Thursday as Opposition and the Treasury benches vociferously raised matters of corruption leading to adjournment of both the Houses, causing the public exchequer well over Rs 60 crore in the winter session till now. Amid pandemonium, both Lok Sabha and Rajya Sabha on Thursday were adjourned for an hour barely a minute after they met and later adjourned for the...

India’s rapidly growing private microcredit industry faces imminent collapse as almost all borrowers in one of India’s largest states have stopped repaying their loans, egged on by politicians who accuse the industry of earning outsize profits on the backs of the poor. The crisis has been building for weeks, but has now reached a critical stage. Indian banks, which put up about 80 percent of the money that the companies...

BJP is screaming hoarse about corruption in the UPA and demanding telecom minister A Raja's scalp for alleged misdeeds related to 2G spectrum allotment. But in Karnataka, where the party is in power, more skeletons are tumbling out of the scam-scarred B S Yeddyurappa government's cupboard. The latest to come to light had the chief minister allot land to his sons' company. In the first of the three cases, about which...

U.S. President Barack Obama's interaction with the inhabitants of Kanpura village in Ajmer district of Rajasthan through video-conferencing on Sunday gave him a glimpse of the information technology revolution in rural India that extends the benefits of modern technology and services to the grassroots to improve the quality of people's lives. Union Minister of State for Communications and IT Sachin Pilot led the rural group during the 10-minute interface at the...