-The Indian Express Kolkata: As the investigation into the Saradha chit fund scam threatens to reach the doorstep of the Trinamool Congress, the markets watchdog is learnt to have warned of a larger, more frightening scenario: similar Ponzi schemes run by at least five other companies in West Bengal, involving over Rs 4,000 crore of small investors' money. In its latest communication sent to the state government, the Securities and Exchange Board...

-The Hindu The National Green Tribunal (NGT) has served notices to 14 authorities directing them to remove all boards, nails and advertisements from trees falling under their jurisdictions and has directed the authorities to de-concretise the trees. Following a petition filed by Aditya N. Prasad and others, the Tribunal issued notices to three Union Ministries - Ministry of Environment and Forests, Ministry of Human Resources Development and the Ministry of Urban Development...

-The Times of India All coal blocks distributed between 1993 and 2008 were done in an unauthorized manner and allotment of all mines where production is yet to start should be cancelled, the Standing Committee on Coal and Steel has said in its latest report that is slated to be tabled in Parliament on Tuesday. The committee, headed by Trinamool Congress MP Kalyan Banerjee, has also recommended that all "personnel" who have...

-The Indian Express Chandigarh: Slamming the Punjab government for sponsoring "xenophobia", the Punjab and Haryana High Court on Wednesday set aside its "discriminatory" rules, wherein it had allowed additional weightage to rural students for government jobs. A Full Bench comprising Justices Hemant Gupta, Ajay Tewari and R N Raina held the rules framed by Punjab as "illegal, unconstitutional" and beyond its "legislative competence". "State sponsored xenophobia is constitutional anathema and the principle...

-The Times of India Undeterred by stiff opposition from private developers and builders, the housing ministry is pushing hard to bring the real estate regulator bill, aiming to protect home buyers, in the current session of Parliament. Housing minister Ajay Maken on Sunday said the bill was expected to be brought up for consideration of the Cabinet soon before being introduced in Parliament. The government is looking to set up a tough regulator...