-The Telegraph Ranchi: Sluggish economy and soaring personal aspirations are teaming up to create fertile ground for quick-rich chit fund schemes and non-banking finance companies such as the now-infamous Saradha to mushroom, but rules to give Jharkhand investors the much-needed safety net are hanging fire since over a year. Jharkhand Assembly had early last year forwarded rules framed by the state's institutional finance department for the President's consideration under The Chit Funds...

-The Hindu   Ranjit Sinha says CBI is part of government, not autonomous The widening sinkhole that the coal scam has become claimed its first victim on Wednesday as Additional Solicitor-General Harin Raval resigned for having misled the Supreme Court, while CBI Director Ranjit Sinha?brought the executive and the judiciary to the verge of open confrontation by stating that his agency was not an "autonomous organisation" but part of the government.? The CBI, which...

-The Business Standard The new findings reaffirm the trend of casualisation of labour as reflected in the recent employment survey of the Labour Bureau Union Home Minister Sushilkumar Shinde on Tuesday released the Census 2011. The data shows a 2.5 per cent increase in the number of people engaged in temporary work (Jobs lasting less than three-six months). The new findings reaffirm the trend of casualisation of labour as reflected in the recent...

-The Hindu Madurai: Tempers ran high at the Collectorate on Tuesday when a majority of the farmers, who participated at a public hearing, opposed acquisition of land for the proposed SIPCOT industrial estate at Sivarakottai near Tirumangalam in the district. Farmers from Sami Mallampatti, Sivarakottai and Karisalkalanpatti participated in the public hearing organised by the district administration. Collector Anshul Mishra said industries had to be established to provide Jobs to the unemployed youth...

-The Business Standard A trail of unfulfilled promises follow her in rural and urban Bengal The furious letter-writing since 2010 about the chit fund industry in West Bengal suggests that everyone knew the industry was going to implode. Bengal has one of the highest rates in small savings, Trinamool Congress (TMC) leader Somen Mitra wrote to the prime minister in 2011. The state buys the highest number of new life insurance policies, and...