Bangladesh's highest court on Thursday upheld the government's decision to remove Nobel laureate Muhammad Yunus from his pioneering small loan agency Grameen Bank. The ruling ends his decades of leadership at the bank he set up to lend Money to the poor. A panel led by Chief Justice A B M Khairul Haque said the appeal to keep Yunus as managing director of the bank is dismissed. Yunus has said his removal was...

The arrest of Suresh Kalmadi on 25 April marked yet another scene in the prolonged drama surrounding the Commonwealth Games held in Delhi in October 2010. Yet the general media focus on Kalmadi may have served to distract attention from the many other acts of omission and commission that mark the sordid history of that extravagantly planned and deeply flawed public show. In these other actions, there are stories of funds...

It was quite a role reversal. Moments after my photojournalist colleague Sayantoni and I introduced ourselves to the chief medical officer of Jhajjar district in Haryana, he did what we as journalists normally do. Reel off a barrage of questions. The first question was new (not what one generally faces while covering renewable energy policy in Delhi), “Bhai-behen kitne hain? (How many sisters/brothers you have?)” and my quick answer was “koi...

The government plans an umbrella law to tighten financial scrutiny and regulation of religious trusts and non-profit organisations as it looks to allay global concerns about Money laundering and terrorist financing activities by such entities. It is also likely to make public names of organisations that claim tax exemption to ensure greater transparency. Some of India's religious trusts are among the richest in the world. Last year, Tirumala temple, managed...

A Branch postmaster of Juna village in Bhuj taluka of Kutch and two others were booked for cheating on Friday after financial irregularities of Rs 83 lakh surfaced under the National Rural Employment Guarantee Scheme (NREGS). The three were identified as postmaster Suleman Sama and his two accomplices, Sajkur Sale and Ibrahim Vija. Police said they were trying to gather more information about Sale and Vija. They were booked under sections...