The Andhra Pradesh Police on Friday said it has arrested three people working with SKS Microfinance and Spandana on a complaint of harassment by a borrower, and might book the companies' respective promoters Vikram Akula and Padmaja Reddy under a new Ordinance to check coercive methods of loan recovery. The borrower, Ammulu, filed the complaint with the Yemmiganur police station in Kurnool district, about 270 km from Hyderabad, last night. A...

The Central Vigilance Commission has received complaints that put the cumulative value of alleged corruption in projects related to the Commonwealth Games between Rs 5,000 crore and Rs 8,000 crore. Sources said the complaints included payment to non-existent parties, wilful delay in execution of contracts, inflated prices and bungling in purchase of equipment through tendering. “The total misappropriation amount may touch a figure of Rs 5,000-8,000 crore. The commission is still awaiting Reports...

The members of the Meena Gupta Committee , who argued for cancellation of clearances for the Posco project in Orissa, on Tuesday began to mount pressure on the government to accept their view. Three members of the review panel — former director of the Forest Survey of India Devendra Pandey, civil rights activist and advocate V Suresh and tribal affairs expert Urmila Pingle — have submitted their response to the minority...

The Orissa government will reply to the queries made by the Centre on the Meena Gupta panel report on Posco project in the next three days, Chief Secretary B K Patnaik said on Wednesday. “We will reply to the Centre on the panel’s Reports within three days,” Patnaik told reporters here. The state government did not comment on the Reports of the committee for the past two days. Smarting under the Union...

The Millennium Development declaration was a visionary document, which sought partnership between rich and poor nations to make globalisation a force for good. Its signatories agreed to explicit goals on a specific timeline. The Millennium Development Goals (MDGs) set ambitious targets for reducing hunger, poverty, infant and maternal mortality, for reversing the spread of AIDS, tuberculosis and malaria and giving children basic education by 2015. These also included gender equality,...