Muhammad Yunus, the economist who founded Bangladesh’s Grameen Bank, visited Mumbai recently where he spoke to India Ink about his vision of “social businesses,” his forced departure from Grameen and the recent controversies that have dogged micro-finance in India and elsewhere. An edited, condensed version of the interview follows: Q. The microfinance industry has gone through an existential crisis in the last few years. Why did the industry fall from grace? A. See,...

-The Hindustan Times   Press Council of Indian chairperson Markandey Katju has warned the Uttar Pradesh government for violating press freedom in various ways and acting "arbitrarily and in a vindictive manner". Taking serious note of complaints from journalists in the state, Katju has written in a letter to chief secretary, UP: “Many complaints have been coming from the state of Uttar Pradesh that press freedom is being violated in various ways e.g....

Even as “money-chasing” media persons and news organisations are coming up with innovative ways to hoodwink the Election Commission (EC) in its drive to seek out “paid news”, the authority has so far detected as many as 42 instances of alleged paid news in Uttar Pradesh where the Assembly polls are being held. Of these, notices have been served on 38 candidates — on whose favour the writing/telecast have been made...

-The Indian Express   Don’t panic that Maoists have won panchayat polls. Isn’t getting them into the system the idea? The Centre has expressed alarm that, in the ongoing Orissa local elections, Maoists have inserted themselves into the very system they also want to destroy. Despite the boycott and attacks on security officials in the area, it turns out that candidates with Maoist links have won around 30 blocks in eight districts, including...

On December 23, 2011, in a criminal case filed by Vinay Rai, editor of a Delhi-based Urdu daily called Akbari , the Metropolitan Magistrate, Patiala House, directed the Ministry of External Affairs to have summons served on over 21 websites based abroad on the grounds that offences of sale of obscene books and obscene objects to young persons and criminal conspiracy could be made out against these sites under sections...