IT IS one of the inspirational legends of Indian journalism that James Hickey, founder and editor of the Bengal Gazette — this country’s first newspaper, with its first edition going back to January 1780 — was a fearless seeker of the truth, taken to court and imprisoned by Warren Hastings, then governor-general. Reality is a little different. Hickey’s paper was often a gossipy, yellow rag. It thought nothing of publishing scurrilous...

The Centre is preparing to water down the Official Secrets Act, 1923, a pre-colonial tool against spying that successive governments are accused of taking cover under when faced with questions of corruption. Amendments are being worked out after several ministries, including that of defence, responded to a note circulated by the home ministry in August, sources said. The Prime Minister today said the RTI Act is being “more extensively and effectively” used...

-The Hindu   Contrary to prevailing scientific opinion, a Climate Change conference organised by the University of Mumbai and the Liberty Institute, New Delhi, and INSTUCEN India study centre on Friday claimed that the sea levels were not rising and carbon dioxide did not pose a special threat to the climate. Sea levels in the Indian Ocean were not rising and cities like Mumbai, islands like Maldives or Tuvalu would not be...

-Live Mint   The poor remain poor because they lack resources. And the formal finance sector does not want to lend them because they are too poor, costs are high and they hardly have anything to offer as collateral. That is, they are trapped in the vicious circle of poverty. This was so until the arrival of microfinance—successfully demonstrated by the Bangladesh model that the poor are “good” borrowers. It was held...

The Life Insurance Corporation (LIC) invested more than Rs 3,600 crore last year in the tobacco industry, anti-tobacco activists and cancer specialists said today, describing the investments as ironical and unethical. Figures obtained through the right to information route by a consortium of activists and doctors show that in 2010-11, LIC had invested in shares of ITC and VST Industries and in debentures of Dharampal Satyapal Ltd, which makes chewable tobacco...