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Aug 4, 2014

CBI says may widen bank corruption probe

NEW DELHI/MUMBAI (Reuters) – The Central Bureau of Investigation (CBI) said on Monday it could widen its corruption investigation after the arrest of Sudhir Kumar Jain, chairman of state-run Syndicate Bank Ltd over allegations he was seeking bribes to favour debtors.

CBI said on Saturday it recovered 5 million rupees ($82,100) that a New Delhi-based company was allegedly paying via middlemen to the bank’s head for a loan extension.

Aug 4, 2014

Indian police agency says may widen bank corruption probe

NEW DELHI/MUMBAI, Aug 4 (Reuters) – India’s federal police
agency said on Monday it could widen its corruption
investigation after the arrest of Sudhir Kumar Jain, chairman of
state-run Syndicate Bank Ltd over allegations he was
seeking bribes to favour debtors.

The Central Bureau of Investigation (CBI) said on Saturday
it recovered 5 million rupees ($82,100) that a New Delhi-based
company was allegedly paying via middlemen to the bank’s head
for a loan extension.

Jul 31, 2014

India’s battle against unneeded medical care finds World Bank support

NEW DELHI, July 31 (Reuters) – India needs to curtail
excessive medical care that leads to patient overspending as
more people get health insurance, the World Bank said on
Thursday, adding voice to a growing chorus against overtreatment
in the country.

Practices such as “defensive medicine” and aggressive
marketing by hospitals, which cost the United States an
estimated $250 billion to $300 billion annually, are emerging as
a serious problem in India, the Washington-based institution
warned.

Jul 22, 2014

India’s new government vows clampdown on healthcare graft

NEW DELHI (Reuters) – India’s health minister called for tougher laws on Tuesday after a media report alleged that laboratories had offered kickbacks to doctors who referred patients to their diagnostic centers.

Harsh Vardhan has lashed out several times in recent days against bribery in the $74 billion healthcare sector, signaling that the new government will make tackling the corruption that blighted the outgoing administration a priority.

Jul 22, 2014

India to probe corruption in healthcare after TV sting

NEW DELHI (Reuters) – India has ordered an investigation into doctors and laboratories suspected of offering kickbacks for referring patients for medical tests, following a sting operation by a TV news channel.

Hindi news channel News Nation TV showed laboratories in the national capital offering commissions as high as 50 percent to doctors who referred patients to their diagnostic centres.

Jul 22, 2014

India to investigate corruption in healthcare after TV sting operation

NEW DELHI (Reuters) – India has ordered an investigation into doctors and laboratories suspected of offering kickbacks for referring patients for medical tests, following a sting operation by a TV news channel.

Hindi news channel News Nation TV showed laboratories in the national capital offering commissions as high as 50 percent to doctors who referred patients to their diagnostic centers.

Jul 18, 2014

Harsh Vardhan backs calls to end health sector corruption

NEW DELHI (Reuters) – India’s healthcare system is riddled with corruption and the national drug approvals agency is a “snakepit of vested interests”, the health minister has said, backing a rising tide of criticism by doctors of unethical practices.

Health Minister Harsh Vardhan’s remarks came after leading doctors and advocacy groups joined hands in a bid to eradicate corruption from India’s $74 billion healthcare industry, forming anti-graft panels at hospitals and writing open letters to Prime Minister Narendra Modi’s new government.

Jul 18, 2014

Indian minister backs calls to end health sector corruption

NEW DELHI, July 18 (Reuters) – India’s healthcare system is
riddled with corruption and the national drug approvals agency
is a “snakepit of vested interests”, the health minister has
said, backing a rising tide of criticism by doctors of unethical
practices.

Health Minister Harsh Vardhan’s remarks came after leading
doctors and advocacy groups joined hands in a bid to eradicate
corruption from India’s $74 billion healthcare industry, forming
anti-graft panels at hospitals and writing open letters to Prime
Minister Narendra Modi’s new government.

Jul 9, 2014

India’s Gandhi says Modi’s government in ‘witch hunt’ as Congress probed on taxes

NEW DELHI, July 9 (Reuters) – Sonia Gandhi, president of
India’s ousted Congress party, on Wednesday accused the new
Narendra Modi-led government of a “political witch hunt” after
tax authorities began probing her party as she and her son face
allegations over misusing funds.

The Gandhis are the torchbearers of a dynasty that has led
India for most of its post-independence era since 1947 but that
was dealt its worst ever election defeat by Modi in the general
election that ended in May.

Jul 3, 2014

India should avoid fiscal slippage – World Bank

NEW DELHI, July 3 (Reuters) – Inflation is still
uncomfortably high in India and the new government should avoid
fiscal slippage as it seeks to revive the economy, the World
Bank’s India director told Reuters.

The comments came after Indian Finance Minister Arun Jaitley
warned of tough measures in his first budget on July 10, saying
“mindless populism” needs to be checked as India aims to boost
growth.

    • About Aditya

      "Aditya is part of the India politics, economy and general news team at the Reuters bureau in New Delhi. After joining Reuters in July 2008, Aditya spent nearly six years managing content and writing for the Reuters.com India edition. During 2013-14, he was closely involved in developing the website's India Insight platform, writing on topics ranging from business and politics to stocks and mutual funds. Follow him on Twitter @adityakalra"
      Joined Reuters:
      July 2008
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