-The Telegraph The "Bonzi" edifice, Bengal's version of the fraudulent Ponzi scheme that conned US investors a century ago, is shaking at its foundations. The panic set off by Saradha defaulting on payments has spread to similar schemes run by other firms and triggered protests and attacks on company offices in several parts of the state. These schemes' mostly small-time rural investors have begun to panic about the safety of their hard-earned...

-The Telegraph Ranchi: Touching lives of many a rural artisan across the state, now Jharcraft is all set to strike a chord with craftswomen of Deoghar, Kharsawan and Ranchi district with new silk ventures. In a bid to tap the potential of sericulture in the hinterland, Jharcraft will soon set up three silk farms for the first time. It has already acquired five acres each at Jasidih industrial area in Deoghar and...

-The Indian Express Bangalore: When affidavits were filed by the contestants for the 2008 assembly polls declaring their wealth, it was a close race between the two dominant money-spinning sectors in Karnataka - real estate and iron ore mining. Affidavits filed by 5,376 candidates in the fray for the May 5 assembly polls show that the real estate sector that flourishes in and around Bangalore and, to a lesser extent, around cities...

-Live Mint Vedanta can mine bauxite in Orissa with gram sabha nod, some Karnataka iron ore mines to reopen Two key judgements passed by the Supreme Court on Thursday bode well for India's troubled natural resources sector, keeping alive Vedanta Resources Plc's hopes of mining bauxite in Orissa and promising an alleviation of raw material shortages at steel makers by partly lifting a ban on iron ore mining in Karnataka. The country's top...

-The Hindu     As the borewells go deeper in Maharashtra, there have been worrying instances of ‘paleo-historic storages' being breached "Only two of them work," says Badri Kharat of his borewells in Roshangaon. That's hard - when you've sunk 36 of them spending millions of rupees, as he has. Kharat, a big landowner and local political personage, has been generous to his neighbours in this village of Jalna district. He pipes in drinking...