The government on Friday hinted at the possibility of the media-lobbyist nexus being examined by either the ethics or privileges committee of Parliament. Senior sources dropped broad hints that either of the two committees could go into the whole gamut of corporate lobbyist Niira Radia's telephonic conversations with media personalities. This was the first government response to the Opposition's demand that the media's role in corporate lobbying come under the JPC scrutiny....

Rising food prices have not yet reached crisis levels but they are expected to remain very volatile for about the next decade, researchers said Thursday. The conclusions were based on a new study of the factors that contributed to the 2007-08 food crisis, which researchers hope will shed light on what actions might be taken to avoid food crises in the future. "There were many suspects for what caused the crisis, but...

Indian Finance Minister Pranab Mukherjee said Friday he intends to regulate but not strangle the microfinance industry, which is in crisis because of new regulations and political attacks in its biggest Indian market, the southern state of Andhra Pradesh. In comments at the Hindustan Times Leadership Summit in New Delhi, Mr. Mukherjee said a committee of the Reserve Bank of India is looking at all aspects of microfinance, which has come...

A newly e-literate village paanwala's obsession with Google has blown the lid off a unique NREGS scam in Porbandar. The motley bunch of beneficiaries include affluent NRIs, doctors, government officials, teachers and well-off farmers — all shown as unemployed village labourers holding NREGS job cards. So far, the money siphoned off comes to nearly Rs 1 crore. On paper, there are 963 NREGS job cardholders at Kotda village in Kutiyana taluka...

The Global Hunger Index report paints a gloomy picture of South Asia and Sub-Saharan Africa. WITH the deadline for achieving the Millennium Development Goals just five years away, the 2010 Global Hunger Index report prepared by the International Food Policy Research Institute (IFPRI) paints a gloomy picture of South Asia and Sub-Saharan Africa. Some 29 countries in these regions, it says, have levels of hunger that are alarming or extremely alarming....