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Analysts said the purge aimed to go beyond corruption and aimed to remove potential opposition to Prince Mohammed's ambitious reform agenda Saudi Arabia's future king has tightened his grip on power through an anti-corruption purge by arresting royals, ministers and investors including billionaire Alwaleed bin Talal who is one of the kingdom's most prominent businessmen. Saudi Prince Arrest  Alwaleed, a nephew of the king and owner of investment firm Kingdom Holding, invests in firms such as Citigroup and Twitter. He was among 11 princes, four ministers and tens of former ministers detained, three senior officials told Reuters on Sunday. The purge against the kingdom's political and business elite also targeted the head of the National Guard Prince Miteb bin Abdullah, who was detained and replaced as minister of the powerful National Guard by Prince Khaled bin Ayyaf. The allegations against Prince Alwaleed include money laundering, bribery and exto...

BJP leader Sushil Kumar Modi once again urged Chief Minister Nitish Kumar to sack Tejashwi RJD leader and Bihar Deputy Chief Minister  Tejashwi Yadav  on Wednesday said the allegations of corruption against him were lies and a conspiracy by the BJP, led by Amit Shah and Prime Minister Narendra Modi, after attending his first Cabinet meeting since the CBI raids against him. Latest Current Affairs  : Tejashwi, the younger son of RJD chief Lalu Prasad, argued that the allegations being levelled against him were related to events which occurred in 2004, when he was a 14-year-old minor. Tejashwi has made it clear that he will not resign despite alliance partner and Bihar Chief Minister, Nitish Kumar, calling upon him to come clean. Tejashwi has been named as an accused in a CBI case in connection with benami property. ALSO READ:  Congress reaches out to Nitish Kumar as questions linger over Bihar grand alliance Instead, Yadav said he would go to the peop...

Maurya, BJP UP President, said his party is moving towards cleaner and transparent politics Elections 2017   : Prime Minister Narendra Modi has promised to clean up politics. The man running the ruling party's campaign in a crucial state election, who is facing 11 criminal cases, says it will take a while. "At a time of elections, one has to forget every other aspect and just focus on victory," said Keshav Prasad Maurya, as his three-vehicle convoy carrying police with automatic rifles sped through the countryside. Polls open on Saturday in Uttar Pradesh, with a population of some 220 million, and on the ground Modi's loftier aims for a new India seem far away. Maurya, the state's president for the ruling Bharatiya Janata Party (BJP), says the charges against him are false and politically motivated; unless he is convicted, they do not prevent him from holding office. His bosses are not concerned. An official at the prime minister's office refer...

Breaking News   : Dismissing the criticism of frequent changes in rules after demonetisation, Prime Minister Narendra Modi on Sunday alleged that those who cannot endorse corruption and black money openly are relentlessly finding fault with his government. He vowed to take forward the fight against unaccounted money and corruption by implementing a strong law against benami properties. “I assure you this is just the beginning in our fight against corruption. We have to win this war. There is no question of stopping... there is no question of retreat,” said   Narendra Modi , under sharp attack from the Opposition over demonetisation, with Congress Vice-President Rahul Gandhi levelling allegations of “personal corruption” against him. In his last monthly address this year in the Mann ki Baat programme, Modi defended the changes in the rules related to deposits and withdrawals, saying these have been done to reduce people’s problems and defeat the forces which are out to ...

CEO Poll: Modi govt meets expectations of India Inc on reforms With the Narendra Modi government completing two years in office, an overwhelming majority of the 50 chief executive officers (CEOs) surveyed by this newspaper said the government has met their expectations on economic reforms. The average rating was seven out of 10. In a nationwide survey conducted by this newspaper over the past three weeks, CEOs said a number of steps taken by the government - bringing down the corporate tax rate, clearing the retrospective tax mess and a new bankruptcy law - have made it easier to do business in India. They also appreciated initiatives like Digital India and the Swachh Bharat campaign. When asked about the positives of the government, CEOs cited better foreign relations, taming inflation and bringing down corruption in governance as top achievements. ALSO READ:  Narendra Modi: Governance and that Hindutva image "I think there are perceptible signs of improvement in the ...

India has been ranked at 76th position in public sectorcorruption out of 168 countries in the Transparency International Corruption Perceptions Index 2015, improving its slot from 85 in 2014 and 94 in 2013. Although corruption is still rife globally, many countries improved their scores in the 2015 edition of the corruption index, a Trasparency International statement said on Wednesday. Overall, two-thirds of the 168 countries on the 2015 index scored below 50 points on a scale from 0 (perceived to be highly corrupt) to 100 (perceived to be very clean). Despite an improvement in the overall ranking, India’s corruption perception score remains the same as last year at 38/100, which is seen as insufficient improvement. Brazil, Burkina Faso, Thailand, Tunisia and Zambia are the other countries that shares the same ranking as India. China fared worse than India and Brazil at rank 83 with a score of 37. Read Full Article Over Here :  Business Standard News