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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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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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Saradha chit fund mess: Quick-rich dreams lie crushed -Krishnendu Bandyopadhyay

-The Times of India DAKSHIN BARASAT (South 24-Parganas): Every other house in this part of Bengal has a rags-to-riches-to-rags story. Saradha Group showed them a dream that was unbelievable when it lasted. But then reality struck a hard, bitter blow. Sixty-year-old Dulal Chandra Gharami walked back home tense on Monday afternoon. He was summoned to the Trinamool Congress office at Beliadanga, where he was asked to cough up protection money. For last four...

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Rajasthan govt to give free cancer drugs -Syed Intishab Ali

-The Times of India JAIPUR: In a major relief for blood cancer patients, the state's health department is all set to provide Imatinib tablets ("magic bullet" tablets) free of cost to them. The government's decision follows the April 1 Supreme Court decision to dismiss Swiss drug maker Novartis AG's attempt to win patent protection for its cancer drug Glivec (Imatinib). Currently the tablet is sold in the market by Novartis at...

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A Smartphone That Converts Text to Braille Developed for the Blind -Rutu Ladage

-India Times An Indian has developed a unique smart-phone that can aid the blind and help them perform functions other than answering calls. Technology has definitely been a blessing to humans and smartphones have become the need of the day. With having everything from the Daily wake-up call (read alarm) to good-night reads (ebooks) on your phone, it has become an essential, almost a basic need. However, there is a segment of population...

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