By Jim Yardley The New York Times

As the shock waves of the global recession convulsed Europe and the United States three years ago, the leaders of Brazil, Russia, India and China gathered for a meeting that seemed to signal a new era. They had global buzz as rising economic powers, a catchy acronym, BRIC, and an ambitious agenda to remake an international monetary system long domi...

India's Parliament on Tuesday began a contentious debate over a bill to create an independent anti-corruption agency, while the activist Anna Hazare sought to rally public support for his own anti-corruption demands by beginning a three-day hunger strike in Mumbai.

India's new billionaires attest to the private sector's growth in areas once controlled by the state such as telecommunications, ports, airports, banks and infrastructure.

As the shock waves of the global recession convulsed Europe and the United States three years ago, the leaders of Brazil, Russia, India and China gathered for a meeting that seemed to signal a new era. They had global buzz as rising economic powers, a catchy acronym, BRIC, and an ambitious agenda to remake an international monetary system long domi...

India's Parliament on Tuesday began a contentious debate over a bill to create an independent anti-corruption agency, while the activist Anna Hazare sought to rally public support for his own anti-corruption demands by beginning a three-day hunger strike in Mumbai.

India's new billionaires attest to the private sector's growth in areas once controlled by the state such as telecommunications, ports, airports, banks and infrastructure.