Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing company, the dirt is still tumbling out. On Nov. 24, the country's Central Bureau of Investigation (CBI) released findings that show the alleged fraudulent accounting and embezzlement was far larger than originally thought. Raju and nine accomplices skimmed some $2.5 billion from the...

The rural population is at present estimated at 85 crores. Ten per cent of the households are completely landless. Another 52 per cent have holdings of less than 0.2 hectare. The per capita agricultural land in the rural areas has come down to 0.12 hectare. According to the National Sample Survey, the annual income of an agricultural household from farming is less than Rs 12,000 and from all sources it...

ALAPPUZHA: The State government is contemplating distribution of rice at Rs.2 a kg to all agriculture workers irrespective of whether they hold Above Poverty Line or Below Poverty Line ration cards, Finance Minister T.M. Thomas Isaac has said. Inaugurating the State-level distribution of retirement benefits due from the Kerala State Farm Workers Welfare Fund to 1.84 lakh farm workers at a function at Nedumudi, near here, on Sunday, Dr. Isaac said...

IN 1974 Henry Kissinger, then America’s secretary of state, told the first world food conference in Rome that no child would go to bed hungry within ten years. Just over 35 years later, in the week of another United Nations food summit in Rome, 1 billion people will go to bed hungry. This failure, already dreadful, may soon get worse. None of the underlying agricultural problems which produced a spike in...

One billion hungry people, the largest such cluster in history, are depending on another one billion to donate small amounts of cash to find food. The World Food Programme, facing a funding shortfall with donor governments hit by the financial crisis, has issued its first direct appeal to one billion individuals to stump up what they can to help others beat hunger. Josette Sheeran, head of the UN food aid...