Borrowing was both the shaky foundation of global growth and the cause of its collapse. It started with a bust and it ended with an even bigger bust. In between was sandwiched an unsustainable boom. Banks have been humbled. Economists have been found wanting. Geopolitical power began to shift from west to east. That was the noughties that was. It barely seems five minutes ago that policymakers were fretting about the...

* A Rs 350 crore scam has surfaced in the Rajiv Gandhi National Creche Scheme * Three organisations are being investigated by the vigilance department of the women WCD ministry for mismanagement and for running creches only on paper * The scheme was for children of women in the unorganised sector * The organisations maintained fake audits and balancesheets signed by CAs Nothing, it would seem, is sacred for scamsters....

The melting of Himalayan glaciers has been a bone of contention between international environmentalists and the Government of India. The government believes that some perceptions of the international environmentalists are alarmist. Now a new global report has sought to set aside that controversy by measuring the rate at which the Himalayan glaciers are melting. (The report enclosed below) The Himalayan glaciers are melting faster than the global average and the rate...

To register a formal complaint with the police about snatched or stolen articles is often as tough as getting the item recovered. That’s an old axiom held by a good majority of Delhiites. And statistics go a long way into formalising it as a theory. Here’s from the police’s own record Books: out of approximately 14,000 calls received by the Police Control Room (PCR) for “snatchings” this year, till November...

India's Supreme Court has admitted a plea to end the life of a woman who has been in a vegetative state since 1973. Aruna Shanbaug, a nurse in Mumbai (Bombay), has been paralysed and considered "brain-dead" since she was attacked by a rapist in November 1973. The plea has been made by a journalist who has written a Book on Ms Shanbaug. The court will examine if the plea is "akin...