Financial Transparency Coalition

NEW DELHI — Endemic corruption is harming India's reputation overseas, Prime Minister Manmohan Singh said Wednesday, warning that foreign investors were being scared away by the "menace".

Off-shore hedge-fund investors could be the next target of the Internal Revenue Service and U.S. lawmakers after last week's landmark agreement between the U.S. and Swiss governments over secret Swiss bank accounts held by U.S. citizens.

New Delhi (PTI) -- In the midst of a row over tainted money stashed in banks in Switzerland, the government today said it will begin talks with that country in December for amending the relevant treaty and it was not interested in a "roving inquiry".

Bloomberg -- Liechtenstein’s Crown Prince Alois said his country will push ahead with moves to bolster adherence to global tax rules at the risk of losing bank clients.