Sample some data on the microfinance performance in India: According to the data provided by www.mixmarket.org, microfinance in India reached close to 270 lakh active borrowers in 2009, with the average loan size close to Rs 8,000. This translates into total borrowing to over Rs 20,000 crore. Though this number seems large, it represents only 0.3% of our GDP. Thus, large swathes of poor, both in our villages and urban...

Several newspapers and TV channels, some of them among India’s biggest, have claimed credit for exposing the Adarsh society scam in which the who’s who of India’s defense and political establishment are involved. The scam exposes the nexus between bureaucrats, politicians and unscrupulous defense service officers. Obviously it wouldn’t be anyone’s ‘exclusive’ if so many newspapers and channels broke the news. Or else there would be one journalist who reported...

The illegal trade in tiger parts has led to more than 1,000 wild tigers being killed over the past decade, a report suggests. Traffic International, a wildlife trade monitoring network, found that skins, bones and claws were among the most common items seized by officials. The trade continues unabated despite efforts to protect the cats, it warns. Over the past century, tiger numbers have fallen from about 100,000 individuals to just an estimated...

There are 139 candidates who have criminal charges pending against them in the 35 assembly constituencies going to poll in the fifth phase on November 9 in Bihar. This fact was found out after examining 441 affidavits of the candidates, Kumar Anjesh, state coordinator of an NGO 'National Watch,' told reporters in Patna. Of 139 such aspirants, 75 were facing serious criminal charges like murder and attempt to murder, he said. Stating that...

If you think canned rasgullas are a better option than khoya-based sweets this Diwali, think again. The mouth-watering sweets sold by big brands at high prices have been found to have micro-organisms that can cause diseases. Also, it has been found that most of the canned rasgullas have a higher percentage of syrup than prescribed. It's claimed that in one of the cans weighing a kilogram, the drained weight of rasgullas...