-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...

-The Hindu This year, India can, it seems, look forward to good rains. Last year's monsoon could eASIly have slipped into a full-scale drought but was saved by exceptionally heavy rains in September. Even so, almost one-third of the country received far too little rain and has been left parched, with water resources running low. A good monsoon now is essential for agriculture and for the replenishment of reservoirs and aquifers....

-The Indian Express In the wake of the collapse of the Saradha chit fund company, the Information & Broadcasting Ministry has asked all television channels - general entertainment as well as news and current affairs - to furnish details of their shareholding pattern and equity structure. This includes the Saradha Group. According to sources, the ministry's letter, sent on Friday, asks channels to inform whether there had been any changes in their...

-The Hindu Business Line The IMD should be conferred autonomous status so that it functions along professional lines, without worrying about political correctness. Given how awry its forecasts in the last couple of years had gone, one can be forgiven for being cynical about the India Meteorological Department's (IMD) prognosis of a ‘normal' South-West monsoon this time. The country's official weather agency has predicted nationwide rainfall during the four-month monsoon season...

-The Hindu Shramik Mukti Sanghatana appeals to Jayanthi Natarajan not to give final nod After rejecting a proposal last year, the Forest Advisory Committee (FAC) of the Union Ministry of Environment and Forests (MoEF) has recommended clearance of land for the controversial Kalu dam in Thane district, drawing sharp criticism from activists and tribals affected by the project. A letter on Thursday to Environment Minister Jayanthi Natarajan, conveyed their "utter shock and dismay"...