Reuters

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Reuters Market Light, part of Thomson Reuters, wins prestigious World Business & Development Award

Mumbai, November 9, 2010: Reuters Market Light (RML), the pioneer in creating a professional micro-information service for India’s agricultural community, has won a prestigious World Business and Development Award (WBDA) in recognition of its efforts for improving the lives of…

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Making condoms cooler through cellphones

It’s definitely an out of box and innovative idea, and could be just what is needed to make the word ‘condom’ more socially acceptable in India. The BBC World Service Trust has launched a condom ringtone for cellphones, a 45 second…

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HDFC to open eight more MFI branches

In an effort to grow from its four existing branches to twelve by the end of the year, Housing Development Finance Corporation (HDFC) plans to open eight more microfinance branches across the nation. The branches would be designed around the…

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Yunus inspires a bollywood movie character

Once in a while, its not uncommon to see a Bollywood movie taking on a pertinent social issue and the same time striving to be commercially successful. On that spirit, the latest bollywood release titled Summer 2007, is taking on…

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Cellphones and (Rural) Development, Part Two

The agricultural sector employs 2/3 of India’s population, and contributes to 1/3 of its gross domestic product (GDP) – yet, Indian farmers in rural communities are plagued by debt, falling commodity prices, changing weather patterns, fluctuating demands in the global…

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InternetSpeech – The New Digital Genie?

In a recent interview with Fortune Magazine, Muhammad Yunus beautifully articulated his dream of a “Digital Aladdin’s Lamp”, which would provide poor women around the world with access to global markets and trends for local benefit:

“A genie comes out

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India’s Affinity with Africa – A Question of Self Interest?

According to the International Energy Agency, India’s energy needs – fueled by 8% annual economic growth – are projected to double by the year 2030.  Moreover, India is expected to become the biggest net importer of oil by the year 2025, after the…

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Leapfrogging into Renewables: Moser Baer taking the lead

As the Indian economy continues to grow at a scorching pace, folks everywhere are worried about the country’s energy needs. India’s thirst for resources, especially oil, is going to create a tough economic challenge in the coming years. In addition,…

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Midday Newsfeed

A rural supply chain firm MokshaYug Access (MYA) has received funding of Rs 8.35 crore ($2 million) from Unitus Equity Fund L P (UEF), an Unitus

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India’s Losing Battle Against Malnutrition

In a report entitled, “India’s Malnourished Children: A Call for Reform and Action,” the World Bank warned that malnutrition is a problem with “dire consequences for morbidity, mortality, productivity and economic growth.”  According to a recent Reuters