The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...

Block vehicular and railway traffic across Punjab, demand relaxation of paddy procurement norms Various factions of the Bhartiya Kisan Union (BKU) and organisations of landless labourers blocked the railway traffic at Moga and ten other locations in Punjab on Friday. They also halted the vehicular traffic on many highways, demanding relaxation in the procurement norms of paddy. The protesters claimed that adverse weather conditions had affected the quality of grains, and said...

After a long wait of 17 years, justice was delivered to dalits of Badanawalu village of Nanjangud taluk where three community members were killed by a mob following a row over puja at a village temple. Sixth additional sessions judge L Malvalli convicted Suresh and 19 others. The sentence will be pronounced on October 30 or November 2. Though the chargesheet was filed against 23, three died during the prolonged trial. The...

The Food and Civil Supplies Department has ordered an inquiry into the alleged black marketing of fortified atta (wheat flour) meant for distribution through the Public Distribution System (PDS) in Ahmedabad. PDS store managers in Danilimda, Juhapura, Piplag, Santoshnagar, Meghaninagar, Shah Alam, Gomtipur and Vasna-Sorainagar have reportedly sold off ration items, especially fortified flour meant for the poor, to eateries, hotels and grocery stores in the city. F L Ghalchar, Deputy Controller,...

Peeved at the appointment of “activists” in the forest panel for clearing Rs 54,000 crore steel project of Posco, Steel Minsiter Virbhadra Singh advised Environment Minister Jairam Ramesh to be “pragmatic.” “The approach has to be pragmatic and not dogmatic. When there is an issue of development some sort of compromises have to be made,” Mr. Singh told PTI, when asked as to what his advice would be for Jairam Ramesh...