U.S. support for Muhammad Yunus is so strong that Dhaka may find a negotiated settlement to protect the Nobel Laureate's image and the independence of the Grameen Bank. Nobel Laureate Muhammad Yunus's three-decades-long journey with microfinance was laborious. But he most certainly did not encounter a crisis like the one he is facing now. It was only in December 2010 that the Bangladeshi — who shared the Nobel Peace Prize with...

This week could see far-reaching beneficial consequences for health care in India. But we need to ensure that the emerging paradigm shift does not miss out on what medical education can and should do to overcome the inadequacies. Recent events in our country have been full of sound and fury, which have disillusioned the public with their futility. But this week has the potential for promising developments in Indian medical education...

Global business abhors uncertainty. The ministerial-level corruption in UPA-II has slowed FDI and FII inflows. The stock market, despite double-digit corporate profit and 8.6% GDP growth, reflects the anxiety of Indian and foreign investors. To take India's growth story forward in the 20th year of economic reforms, political reforms must catch up. Misgovernance won't do in a globalised, interconnected world. Two kinds of political corruption blight India: episodical and ongoing. Episodical...

Nobel laureate Muhammad Yunus has been removed as the managing director of Grameen Bank, the organisation he founded in Bangladesh in 1983 to help the poor. The central bank has cited a rule that requires retirement at 60 to order the ouster of the 70-year-old “banker to the poor” who has been embroiled in a Norwegian funds scandal. Yunus had also fallen out with the political establishment after, fresh from the Nobel...

Buoyed by the imminent scrapping of Reliance Industries-promoted Mumbai special economic zone, aggrieved farmers and activists are now gunning for seven other proposed SEZs in Maharashtra. Anti-SEZ groups will soon agitate to demand denotification of the fertile land earmarked for projects in the Konkan, western Maharashtra, Marathwada and Vidarbha. The activists got a shot in the arm on Friday when their four-year struggle forced the government to denotify 16,900 acres of land...