-AP transparency noted that in places like Guatemala, Sri Lanka and Ghana, citizen activists have "worked hard to drive out the corrupt." Public-sector corruption is still a major problem around the world but more countries are improving than worsening and the United States and United Kingdom have reached their best rankings ever, an anti-corruption watchdog said Wednesday. Denmark remained at the top of transparency International’s Corruption Perceptions Index, a closely watched global barometer,...

-The Times of India NEW DELHI: Dreaded gangster Sriprakash Shukla built his criminal empire on illegal money earned from railway contracts worth crores in places with big railway establishments like Gorakhpur and Banaras. But this could be a thing of the past as the state-run transporter is set to start online tendering of all contracts related to civil works within a month's time. Contracts for civil works worth around Rs 30,000 to...

-Livemint.com The economist believes inequality in India is comparable with Brazil, South Africa but lack of transparency over direct tax statistics in India hinders his study here New Delhi: Economist Thomas Piketty believes inequality in India is comparable with that in Brazil and South Africa. Like the two other emerging economies, where the richest 10% of the population has a 60-65% share of total wealth, a similar scenario probably exists in...

-The Indian Express New crop insurance scheme is welcome. Its litmus test: Whether crop-damage assessment can be done within two weeks of the extreme weather event and compensation paid a week after that The Narendra Modi-led government needs to be complimented for taking the first major step to revamp the crop insurance system to address the increasing distress in Indian farming. With back-to-back droughts, and unseasonal rain and hail in certain...

-The Indian Express Rajan also raised the issue whether the RBI is taking a lenient view against malpractices in the banking sector and said there’s “a sense that we do not enforce compliance”. Is India a weak state which punishes only the small and weak? RBI Governor Raghuram Rajan who made some plain speaking to his colleagues in the central bank has said “the rich and well-connected wrong-doer” is virtually going scot-free. In...