A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...

Genuine fear of genetically modified (GM) crops arising from relatively less studied science combined with the fear of the unknown and lack of transparency of the companies dealing with GM crops made most governments and their citizens in Europe and other countries oppose the technology. Fearing that nanotechnology, another promising technology, may face the same fate, the U.K. Royal Society had published a detailed report on nanotechnology in 2004. The report, made...

A Supreme Court judgment projects the historical thesis that India is largely a country of old immigrants and that pre-Dravidian aborigines, ancestors of the present Adivasis, rather than Dravidians, were the original inhabitants of India. If North America is predominantly made up of new immigrants, India is largely a country of old immigrants, which explains its tremendous diversity. It follows that tolerance and equal respect for all communities and sects are...

If dal roti went out of reach for the aam admi in 2009, vegetables and onion prices brought tears towards the end of 2010 and with food inflation touching a high of 14.44 per cent for the week ending December 18, the New Year did not ring in any respite from high food prices. The sudden increase of Rs.3 per litre in the price of petrol in December — the sixth...

Rising temperatures are reducing yields and altering the distinctive flavour of a popular beverage. Climate change is affecting the cultivation of Assam tea, with rising temperatures reducing yields and altering the distinctive flavour of India's most popular drink, researchers say. High hills and abundant rainfall make the north-eastern state of Assam an ideal place to grow tea, with 850 gardens over 3,20,000 hectares (5,93,000 acres) producing the majority of the country's...