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...

People of dalit communities in the Gadarwara sub-division of district Narsinghpur in Madhya Pradesh are on the brink of starvation as they are facing harassment, economic sanctions and social boycott because they have refused to remove animal carcasses. A fact finding team of civil society organisations says that dalits at many places have been ‘imprisoned’ in their own houses as all entry and exit points have been blocked by the...

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...

In the 1990s, Ahmed Khan’s company in Bangalore, India, churned out hundreds of thousands of plastic bags and other packaging material each month that eventually ended up as garbage. Now, he is in the business of scouring the city’s landfills and trash cans to reclaim some of that waste and pave the way to a more environmentally friendly enterprise. Mr. Khan, 60, is trying to solve two of the biggest...

A fact finding team of many civil society organizations has reported widespread occurrences of murders, tortures and cases of police atrocities in Chhattisgarh in the name of combating Naxalism. It is also being alleged that in the name of their own security, journalists are being stopped from going to so called “combat zones” where security forces have launched an Operation Greenhunt to flush out armed Maoists.  Fifteen members of the...