-The Indian Express New Delhi: Stung by the Saradha episode, the government has decided to drastically amend legislation governing the market regulator's power to police chit fund companies. The finance ministry will push for the legislation to be cleared in the current session of Parliament and, if that fails, to issue an ordinance immediately afterward. Government managers believe the explosion of Ponzi schemes in West Bengal and in Uttar Pradesh is enough...

-The Indian Express Kolkata: Saradha Realty Ltd, which has gone bust now, may be just the beginning of the unfolding of a deeply entrenched Ponzi scheme network involving dozens of other companies in West Bengal, some of which also wield considerable media power given their ownership of television channels and newspapers. According to information available with the union corporate affairs and finance ministries, six companies, against whom market regulator Securities and Exchange...

-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 Indian Express Chandigarh: Call it fear of social ostracism, or lack of belief in law and order machinery, more and more reports of sexual assault victims trying to kill self are coming to light in Haryana. In the last four months, at least six such cases have been reported where the victims of sexual harassment, including molestation, stalking and rape, have attempted suicide. In the most recent incident, a Karnal based woman...

-The Indian Express She was gangraped by 16 boys, nine of them juveniles. She was beaten, cut up and her genitals mutilated. She made it to hospital, but was sent home with first-aid. When she survived to fight, she ran into an indifferent administration and influential accused. Schools denied her admission, and others mocked and threatened her. Chances are you haven't heard this 16-year-old's story. Three days after the brutal attack on...