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Ponzi puzzle stumps Amway

-The Telegraph The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes that promise huge returns to gullible investors and have lately grabbed all the sensational headlines in Bengal. William S. Pinckney, managing director of Amway India, and two directors of the...

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Does Sahara group come under RTI Act? Sebi gets a query!

-PTI MUMBAI: A long-drawn case involving funds raised by two Sahara firms through 'various illegalities' seems to have made Sebi a preferred agency for all kinds of queries about the group, with the latest being whether the Lucknow-based conglomerate falls under the purview of RTI Act. After Sebi rejected the information sought from it through an RTI (Right To Information) application in this regard, the appellant approached the Appellate Authority but the...

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Development can go for a toss in Chhattisgarh on intensification of military campaign against Naxals -M Rajshekhar

-The Economic Times DANTEWADA: With both the Congress and BJP advocating an intensification of the military campaign against the Naxals, and the UPA government at the Centre even committing more troops to Chhattisgarh, local development in the state could become a casualty in the crossfire. "An outside force is less capable of discriminating between Naxals and villagers," says Vishwa Ranjan, former director general police, Chhattisgarh. Such an intensification will result in greater...

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India loses up to $46 billion to malnourishment -Jitendra

-Down to Earth Report by children's non-profit links childhood malnourishment to educational performance, adult income and GDP Malnutrition decrease the gross domestic product (GDP) in low- and middle-income countries, says a report by international non-profit Save the Children. Malnutrition affects educational development, physical productivity and health, and also perpetuates inequalities, such as those created by caste in India, says the report. The report, Food for thought: Tackling child malnutrition to unlock potential...

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NCERT drops 'objectionable' references from school history textbooks-Himanshi Dhawan

-The Times of India NEW DELHI: In a significant sanitization exercise, the National Council for Educational Research and Training (NCERT) has made changes in its history textbooks dropping "objectionable" references to the Nadar community, depiction of angels in human form and introducing more sensitive coinages to caste to smoothen ruffled feathers of political leaders. The changes have been made in history books of class VIII, IX, XI and XII that will...

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