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Yunus takes oath as head of interim B'desh; says will rein in conspirators

Nobel laureate Muhammad Yunus on Thursday took oath as the head of an interim government, replacing Sheikh Hasina who abruptly resigned and fled to India leaving the country in turmoil following......

Rajasthan youths complain of lack of jobs, but have faith in Modi

The Congress has made lack of jobs, along with agrarian distress, its key election plank in the run-up to the December 7 assembly polls. Archis Mohan reports. Sangram Singh, an electrician in his......

FULL TEXT: President's address to Parliament

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session. Honourable Members, This joint sitting of......

Muhammad Yunus resigns from Grameen Bank

Nobel Laureate Muhammad Yunus has stepped down as the managing director of Grameen Bank, a week after Bangladesh's Supreme Court dismissed his appeal to remain as head of the pioneering......

ICICI Bank to hold 19% in Grameen US venture

The Grameen Foundation USA is joining hands with the ICICI Bank and the ITCOT Consulting to set up a company in India for micro credit activities.The Grameen Foundation USA sprang from the Grameen......

Yunus summoned over unpaid tax of $1.5 million

Bangladeshi Nobel Laureate Muhammad Yunus has been summoned by officials for allegedly dodging over $1.5 million in tax, in the latest setback to hit the micro-financing pioneer. The National Board......

How Bandhan Financial plans to run a unique bank

Our biggest strengths are our reach in rural areas, our workforce and our efforts towards financial inclusion, says Chandra Shekhar Ghosh. Bandhan Financial Services, which was given a banking......

RBI allows microfinance lenders to fix interest rates

The Reserve Bank of India (RBI) on Monday allowed microfinance lenders to fix interest rates on loans with a rider that those should not be usurious for the borrowers. Photograph: Adnan......

If cricket was only about emotions and passion...

'...then Bangladesh would have been the world champions a long time ago.'The reality is sadly different, says Bikash Mohapatra.   IMAGE: A Bangladesh fan at the Asia Cup final between India......

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