-AP The microfinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides   First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...

Professor Arjun Appadurai is a Mumbaikar at heart; coming to the city is an annual pilgrimage for this internationa­lly renowned cultural theorist and anthropologist. Appadurai, 62, who studied in Mumbai’s Elphinstone College, is currently Goddard Professor of Media, Culture and Communication at New York University. He has been consultant and advisor to a wide range of public and private foundations such as The Smithsonian. In his seminal work Disjuncture and...

-The Indian Express   Expressing concern over delay by the Centre and state governments in deciding mercy pleas of prisoners on death row, the Supreme Court today sought from them the records of all such cases. A Bench of Justices G S Singhvi and S J Mukhopadhyay said the home secretaries of all the states would send the records of all cases of mercy pleas to states within three days to the Centre,...

-PTI Expressing concern over delay by the Centre and state governments in deciding mercy pleas of prisoners on death row, the Supreme Court today sought from them the records of all such cases. A bench of justices G S Singhvi and S J Mukhopadhyay said the home secretaries of all the states would send the records of all cases of mercy pleas to states within three days to the Centre, which would...

The huge expenditure on the food bill, with the attendant leakages, could well make fiscal recovery impossible In the first part of this article, we have estimated the actual cost of implementing the food security bill in its current form. In this part, we now examine the fiscal sustainability of the same. The current state of the revenue and expenditure trends of the Central government (refer table) show that while revenue...