Media-corporate links are structural. But journalists, certainly entrenched ones, can choose whether they wish to be stenographers or not. It was gratifying to have the head of India's most reputed business house confirm the existence of crony capitalism in the country. True, others have believed this for 20 years but it carries more weight when Ratan Tata says so. As he put it in a television interview with admirable candour: “Yes,...

The village bureaucrat shifted from foot to foot, hands clasped behind his back, beads of sweat forming on his balding head. The eyes of hundreds of wiry village laborers, clad in dusty lungis, were fixed upon him. A group of auditors, themselves villagers, read their findings. A signature had been forged for the delivery of soil to rehabilitate farmland. The soil had never arrived, and about $4,000 was missing. The...

Agriculture minister Sharad Pawar today said the government should take note of Ratan Tata’s statement that India risked turning into a “banana republic” and cautioned against the excessive use of the CBI. Pawar’s statement came in the middle of a CBI crackdown on an alleged bribes-for-loans scandal involving several top financial officials and real estate players in Maharashtra. Another real estate project, which was once associated with Pawar’s relatives, has been...

The Supreme Court on Tuesday took strong exception to the Enforcement Directorate (ED) filing an “unsigned” status report about its investigations into the issue of black money stashed in foreign banks. The apex court returned the unsigned status report which was placed before it in the sealed cover to the investigating agency making it clear that “it will not accept the report which has not been signed by any official”. “We want...

Former NDA minister Arun Shourie has said he was replaced as a lead speaker in a budget debate over fears that he would oppose a proposal that may have benefited Mukesh Ambani, bring the BJP under glare at a time the party has been targeting the Congress on corruption. The statement also reflects how much Shourie and the BJP have drifted apart since the dramatic events triggered by the party’s defeat...