Often called Chanakya for his political astuteness, Engineer-politician Nitish Kumar blended his secularist ideology with pragmatic politics and combined the development plank with innovative social engineeering equations in Bihar to bask in glory yet again. Doing an encore after today's landslide victory, the 59-year-old chief minister with his trademark kurta pyjama and grey stubble has become RJD strongman Lalu Prasad's nemesis single handedly contributing to the electoral meltdown of RJD-led Secular...

The recent crisis in the micro-finance industry, brought about by some incidents in Andhra Pradesh, has led to the development of a new concept in the Indian thinking on development — that of “responsible finance”. Responsible finance is supposed to mean financial activities by companies that make just about enough returns to stay in business and charge rates of interest on loans to the poor that are only marginally higher than what...

The National Commission for Scheduled Castes Sunday rejected the Uttar Pradesh government's claims of bringing down incidents of violence against Dalits, terming them 'baseless and misleading'. The commission's newly-appointed chairman P.L. Punia said the state government released figures of only the first six months of this year, and atrocities against Dalits had actually registered a steep rise over the three-and-a-half year rule of Bahujan Samaj Party, according to statistics by National...

Time magazine picked him as one of 100 people shaping our world. Today, he’s held responsible for bringing an exciting, inspirational business into disrepute. Oh, and his wife says he beat her and snatched their son. There could not be a more controversial torchbearer than Vikram Akula for an industry as quintessentially Indian as microfinance, the business of providing the poor with loans, as small as R5,000, secured not with...

The Ekta Gramin Praja Vichar Manch, who are fighting for their land which the state government has proposed to acquire for NH-8 expansion in Vadodara district, has decided to intensify their protest after the concerned departments reportedly ignored their woes. Sources said about 150 farmers from villages like Bil, Ranoli, Padamla, Vemali, Dumaad, Sama fear to lose their fertile land if the government plans to move forward with their plan to...