-The Telegraph The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes that promise huge returns to gullible investors and have lately grabbed all the sensational headlines in Bengal. William S. Pinckney, managing director of Amway India, and two directors of the...
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Costly Ethanol import likely to make petrol pricier by 4 rupees-Rajeev Jayaswal
-The Economic Times NEW DELHI: Petrol could become costlier by about 4 a litre if the government compels oil firms to sell 5% ethanol-blended petrol across the country by next month as these companies would be forced to import huge quantities of the biofuel at exorbitant rates. But, the Cabinet, which will meet soon to discuss the issue, may relax compulsory doping as it would want petrol prices to rise sharply, months...
More »Aam aadmi’s advice to Aam Aadmi Party: Go regional, then national -Paramita Ghosh
-The Hindustan Times Although crusader-turned-politician Arvind Kejriwal seems optimistic about his Aam Aadmi Party's (AAP) performance in the upcoming Delhi assembly polls, many voters apparently think otherwise. Many of the voters in Delhi hail Kejriwal's decision of launching the party, but they are not sure whether they would exercise their franchise in favour of the newly-launched 'people's party'. According to them, the party lacks local presence, has a one-point agenda and indicates no...
More »Odisha: woman sarpanch puts husband in the dock -Priya Ranjan Sahu
-The Hindustan Times Bhubaneswar: A woman sarpanch in Odisha's Kendrapada district has lodged a complaint with the State Women's Commission and district collector against her husband, who allegedly has been misusing her position. In her complaint, Minati Naik (37), sarpanch of the Alailo gram panchayat, about 130 km east of Bhubaneswar, said after being elected sarpanch last year, she wanted to serve the people but her husband, along with some unscrupulous elements,...
More »Thieves cost Indians Rs. 35,000 cr in a decade-Sneha Agrawal and Mohit Sharma
-The Hindustan Times Indians lost valuables worth Rs. 35,257 crore to thieves, robbers and cheats in the past 10 years, reveal statistics of the National Crime Records Bureau for 2002-2011. That is equivalent to the Delhi government's annual budget or what it last year took to run the national rural employment guarantee scheme which benefited 4.8 crore households. The national average for recovery was just about 20% ( Rs. 7,953 crore) of the...
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