Norway says it is examining reports that Nobel Peace Laureate Muhammad Yunus allegedly diverted millions of dollars of aid money from a bank. International Development Minister Erik Solheim said that it was "totally unacceptable that aid is used for other purposes than intended". A documentary maker has alleged that cash was diverted from Professor Yunus' Grameen Bank to other parts of Grameen. In a statement, the bank said that the allegations were false. It...

There is clearly a direct trade-off between exploitation of natural resources and conservation of environment and human habitat . In the past, due to lower environment consciousness, the trade-off was always decided in favour of exploitation. This is deplorable. Yet, environmental fundamentalism can also exact a high cost that will prevent a number of people to remain without access to basic necessities of life. This apparently intractable trade-off has to be resolved....

The much-awaited Bill on sexual harassment at workplaces gets the Cabinet nod for presentation in Parliament. ON November 4, the Union Cabinet gave the go-ahead for the enactment of a law on protection of women from sexual harassment at the workplace. Titled Protection of Women against Sexual Harassment at Workplace Bill, 2010, the draft law is basically a new avatar of the ones prepared in 2004. This development has been...

In the largest act of philanthropy by an Indian, Wipro chairman Azim Premji will give about Rs 8,846 crore ($2 billion) to improve school education in India. Other donations to charitable institutions by any person or corporation in India pale in comparison to this massive endowment. It effectively silences critics who say Indian billionaires are measly donors compared to foreign counterparts, and that they focus on big-name western universities rather...

The Centre today ordered a probe into the leak of lobbyist Niira Radia’s purported phone conversations allegedly tapped by the income tax department. The home ministry announced the probe on the same day Tata group chairman Ratan Tata moved the Supreme Court demanding action against people responsible for leaking the contents of tapes. The Radia tapes feature purported conversations she had with journalists, politicians and industrialists, including Tata. A home ministry spokesperson...