Government today decided to lift ban on exports of onion, following farmers' protest over crash in domestic prices within two months of touching Rs 80 a kg. The decision to this effect was taken at the meeting of the empowered group of ministers (EGoM) on food, headed by Finance Minister Pranab Mukherjee. But, as a precautionary measure against possibility of prices shooting again, the EGoM decided to allow shipments of onions at...

The Supreme Court on Monday directed the Centre and the States to prepare schemes for rehabilitation of physically and sexually abused women all over the country. A Bench of Justices Markandey Katju and Gyan Sudha Misra, in its order, said: “We are of the view that prostitutes also have a right to live with dignity under Article 21 [right to life] of the Constitution since they are also human beings and...

Poverty forces sex workers to sell their bodies, the Supreme Court said on Monday and directed the Centre and states to impart vocational training to them so that they could earn a livelihood. "A woman is compelled to indulge in prostitution not for pleasure but because of abject poverty. If such a woman is granted opportunity to avail some technical or vocational training, she would be able to earn her livelihood...

Inflation is beginning to hurt seriously, corruption is at an all-time high and the government is not doing enough to tackle either problem. That is the way India's big cities feel on the two big issues dominating headlines in recent months, according to an 8-city survey done exclusively for TOI. Asked what impact rising prices have had on their household budgets, only 3% said it has had a small impact. About...

India’s microfinance institutions (MFIs), under pressure because of stricter rules in their largest market Andhra Pradesh and the consequent slump in repayments there, may get a boost from the Asian Development Bank (ADB). ADB is constituting a $250 million (around Rs1,135 crore) facility to offer guarantees against loans to MFIs extended by banks in the Asia-Pacific region where it operates, including India. The move is aimed at encouraging banks to lend...