Pawan Goenka noticed something unusual last year—tractor sales were climbing even though India had its worst monsoon in more than three decades and farm output dropped 2.8% in the three months to December last fiscal. The umbilical cord that tied rainfall patterns and tractor sales seemed to have been ruptured. The president of auto and tractor maker Mahindra and Mahindra Ltd offers an interesting explanation to this puzzle: growing labour shortages...

Media is business, journalism is not. With these stinging words, developmental journalist and Magsaysay Award winner for journalism P Sainath grabbed the attention of the 250 media students attending Mumbai's Sophia Polytechnic's annual lecture, 'Catalyst for Change', on Thursday. The topic was 'Paid News', on which there cannot be a more well-informed speaker than Sainath who has consistently highlighted the menace in his writings. Sainath said since 2008, some 3000 journalists...

Dr MS Swaminathan, NAC member and the father of India's green revolution talks to Rupashree Nanda on the food security legislation, the neglect in creating storage infrastructure and ideas like outsourcing food security issues. Rupashree Nanda: The main reason for the NAC climb down from the promised universal PDS to targeted PDS was the stated non - availability of foodgrains. Would you agree to that argument? Isn't there is not enough...

Bangladeshi micro-credit pioneer Grameen Bank has described as "total fabrication" claims the institution diverted nearly $100m of aid Cash.The denial came a day after Norway said it was examining reports relating to money from Norway, Sweden and Germany.A documentary alleged that the Cash had been transferred from Grameen Bank to other parts of Grameen.Nobel Peace laureate Prof Muhammad Yunus set up the bank in Bangladesh in 1996 to make small...

Delhi's private schools had complained that they were reeling under the burden of having to pay teachers higher salaries recommended by the 6th Pay Commission. A report by the Comptroller and Auditor General (CAG), however, said they used the Pay Commission as an alibi to fatten themselves. In a damning indictment, the auditor held that 25 elite private schools passed on the burden of implementing the recommendations of the 6th Pay...