Lack of adequate credit - the lifeblood for any company is threatening to derail fledgling attempts by hundreds of dalit entrepreneurs to overcome deep socio-economic barriers and break into mainstream business.  Without credit, such entrepreneurs would also struggle to cash-in on the Rs 7,000-crore business opportunity opened up by the central government's new dalit-friendly sourcing plan, unveiled last month.  Credit disbursements to dalit entrepreneurs through 20-odd schemes run by the Ministry of...

The number of journalists in prison worldwide has spiked to its highest level in 15 years. Of them, nearly half worked online, raising larger questions about Internet freedom for more than just reporters, but average citizens as well. Eighty-six out of 179 journalists who were in prison worldwide as of Dec. 1, 2011 were reporters or bloggers whose work appeared online, according to a new report by the Committee to Protect...

French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...

With the Parliamentary Standing Committee on Finance raising a red flag against the National Identification Authority of India (NIAI) Bill to grant the UID (or Aadhar) project legal status, the project looks set for a slowdown . That could have broad implications for the tech sector that had laid substantial hope on it, especially when global markets are slowing down.  The UID project is estimated to offer IT companies a Rs...

Assailed from all sides, does the UPA really hope to recover its ‘image’ by muzzling online dissent? Kapil Sibal ko gussa kyon aata hai? Butt of online jokes: Politicians in 'tweaked' cinematic avatars. Out of the frying pan and into the fire. The UPA government has made it something of a fine art. Hardly had the ruckus over the decision to open up the retail sector to FDI died down than...