-Daily News Asia's rapid growth is leaving millions behind, causing a widening gap between rich and poor that threatens to undermine the region's stability, according to a new report from the Asian Development Bank (ADB). "Another 240 million people could have been lifted out of poverty over the past 20 years if inequality had remained stable instead of increasing as it has since the 1990s," said ADB's Chief Economist Changyong Rhee. The Asian...

-IANS The Bharatiya Janata Party (BJP) and the Left Wednesday demanded an explanation from the government on former Swedish police chief Sten Lindstrom's revelations on the Bofors payoff scandal, including the safe passage to main accused Ottavio Quattrochchi. The BJP said it had always questioned the safe passage to Italian businessman Quattrochchi in the Rs.1,500 crore Bofors gun deal in the 1980s. "The entire government of late Rajiv Gandhi was out to secure...

Rice, wheat production seen at highest ever, but other commodities show a decline from previous year’s harvest The government estimated a record high foodgrain crop for the 2011-12 crop year that ends in June, driven mainly by higher output of rice and wheat, but experts said prices are likely to remain firm and keep inflation at around 7%. The likelihood that the government will increase the minimum prices it guarantees farmers for...

The new IT rules violate the right to freedom of speech and expression New media has come to play a major role in the process of opinion making, as was evident in the recent Arab uprisings and the campaign against corruption in India. It is a means of propaganda and a tool for mobilising the masses. The strength of new media lies in the opportunity for creative participation that it offers...

-The Telegraph Dispur is determined to launch a “constructive” television channel, stung by the “adverse” coverage of the recent Ulfa bandh during the Prime Minister’s visit by the local electronic media. Chief minister Tarun Gogoi revealed the government’s intention during an interaction with reporters here this afternoon, explaining how most local TV channels had gone overboard with the bandh coverage on April 20. Incidentally, a day later, on April 21, West Bengal chief...