-Live Mint High court asks state to review law in light of proposed national regulations to govern the sector The Andhra Pradesh high court on Monday upheld a law that led to the near demise of the microfinance industry towards the end of 2010, but asked the state government to review the legislation in the light of proposed national regulations to govern the sector.   News of the review sent the stock of the...

-The Telegraph Union power ministry is understood to have decided to go ahead with its 1980MW project covering Chatra and Hazaribagh districts, overriding coal ministry objections but has agreed to cut down land use for the proposed plant in North Karanpura. Setting aside objections of the coal ministry, which wanted the project shifted out of the coal-rich area, the power ministry has now moved a draft cabinet note indicating its resolve to...

-The Telegraph Even reformed capitalism cannot give equal opportunity There is a view that the real problem with capitalism is that there is no equality of opportunity under this system. Your entire life gets determined by which class you happen to get born into. If the effect of this ‘happenstance’ could somehow be eliminated, so that everyone enjoyed equality of opportunity, then even though income and wealth inequalities continued to remain...

-PTI Thiruvananthapuram: Kerala Police has set up a special team to trace and arrest the absconding convict in the Suryanelli gangrape case, who appeared on a Malayalam TV channel alleging that Rajya Sabha Deputy Chairman P J Kurien was involved in the case, as claimed by the victim. The four-member team has left for Karnataka from where Dharmarajan purportedly gave the interview to the channel yesterday and made the startling claim. The...

-The Times of India SAMbalpur: Tribals under the banner ofzillaadivasikalyansangh demonstrated beforecollectorate in Bargarh on Moday protesting against alleged injustice meted out to them. They criticized the government for neglecting tribal community. They also handed over a memorandum addressed to the CM to district collector BhabagrahiMishra. He assured to take appropriate steps to provide justice to tribal community. Dressed in traditional costumes and carrying arms, they marched to the collectorate in a...