-The Times of India   It is known to most media watchers that Kasturi & Sons Ltd, the company that publishes The Hindu, is caught in a bitter family feud. N Murali, who recently retired as managing director of the company, wrote a farewell letter to the employees of the company, lamenting that the Hindu's rich tradition of credibility, objectivity, balance and editorial primacy had of late been compromised. Later, in an...

MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...

This essay describes and compares Parliament and the Supreme Court and examines the relationship between them. Parliament may still be a great institution, but its members are no longer great men. How long can a great institution remain great in the hands of small men? The SC has held its place in the public esteem rather better than the Lok Sabha, despite the occasional allegation of financial impropriety. Parliament, the...

-The Business Standard   The latest controversy in the British media, triggered by unethical professional practices by journalists at Rupert Murdoch’s News of the World, holds important lessons for the Indian media, and not just because Mr Murdoch has a significant presence in India and seeks more. The most important lesson is that public policy must prevent the emergence of all powerful media moguls like Mr Murdoch. The extent of concentration in...

-The Deccan Chronicle   India’s department of information technology that functions under the articulate and vociferous minister Kapil Sibal, has quietly pushed through an Act to censor online content. The recently drafted rules that give private arbiters a right to take down objectionable content, free speech advocates say will seriously hamper virtual communications, debate and discussions. In the past in a country, that is the largest democracy, the lawmakers have suggested bans on books,...