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The scholar who grew up in Mumbai's red light area- Abhishek Mande

-Rediff.com   Born in Mumbai's infamous red-light district, Shweta Katti has won a scholarship to the Bard College, New York. This is her story. Shweta Katti is warming up to the media attention she's been receiving lately. She has had a long day but has agreed to meet me at a coffee shop for what must have been the nth interview she's giving in the last 48 hours. It is close to 10 in...

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The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray

-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...

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West Bengal chit fund scam: Knives out for tainted Trinamool MPs

-The Times of India KOLKATA: The inferno triggered in a million homes by the Saradha meltdown has singed the ruling Trinamool Congress. The heat was palpable at an informal meeting of Trinamool MPs at Parliament's Central Hall on Tuesday when the knives were out against the tainted partymen who have harmed Didi's Ma-Mati-Manush image. With Sudipta Sen in custody, at least two heads in the Trinamool are set to roll, say party...

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What has gone, has gone: Mamata Banerjee-Romita Datta

-Live Mint West Bengal chief minister dashes Saradha depositors' hopes of any immediate state-assisted recovery Kolkata: What has gone, has gone," West Bengal chief minister Mamata Banerjee told depositors of the Saradha Group, dashing their hopes of any immediate state-assisted recovery of dues from the floundering units of the group that collected the money. Banerjee launched two separate investigations and promised to introduce a new law to deal firmly with fraudulent financial...

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Death of a young man-Prabhat Patnaik

-The Telegraph Since I belong to the Left, I know I am likely to be prejudiced against Mamata Banerjee. I try to guard against this prejudice. I try not to let my overall political stance colour my judgment of particular events associated with her. For the last several days, therefore, I have tried to ignore the attacks on Communist Party of India (Marxist) offices in West Bengal in the wake of the...

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