The Indian economy loses nearly $54 billion (around Rs 24,000 crore) annually due to lack of toilets and poor hygiene, a World Bank study said on Monday. In a study 'Economic Impact of Inadequate Sanitation in India', conducted by its South Asia Water and Sanitation unit, the multilateral body said premature deaths, treatment for the sick and loss of productivity and revenue from tourism were the main factors behind the significant...

A day after stating that lobbying and public relations were part of a democratic set-up, corporate affairs minister Salman Khurshid said the government might explore whether corporate lobbying could be included under the Right to Information (RTI) Act or a similar law. “It is a democratic right of people, but there should be a legitimate limit on this. No one said that lobbying is illegal, but it should not go beyond...

While the lay public may have been shocked by the revelation of an often cosy relationship between public relations (PR) professionals and the media, brought out by the Niira Radia telephone tapes, few in the media or in business would have been surprised. Few editors and reporters today can say they have not been approached for “friendly stories” or threatened with ad blackouts or block access for failure to publish...

Continuing with its trend towards moderation, inflation declined to 7.48 per cent in November, mainly boosted by lowering of pressure on certain food items.Inflation had stood at 8.58 per cent in October. It was 4.50 per cent in November 2009. For September this year, the inflation figure has been revised upwards to 8.93 per cent from the provisional number of 8.62 per cent.This is the fourth consecutive month when the...

The public face of the journalist is of a brave, feisty adversary to the rapacious establishment, not the party animal who will wilt before the charms of the corporate lobbyist.To succeed, a politician has to keep his ear to the ground. Yet success can be cruelly destructive; it is so deceptively flattering that it eventually insulates him from the very thing that has made him a success: public opinion. For...