-The Times of India Prime Minister Manmohan Singh said on Saturday that unauthorized collection of deposits promising high returns has to be curbed as the Centre unleashed a multi-agency probe on chit funds and money pooling firms in West Bengal and the eastern region. Rattled by the collapse of the Saradha group in West Bengal, the Centre has asked various agencies such as the Enforcement Directorate (ED), Income Tax department, the ministry...

-The Hindustan Times Kanpur: The district administration here made best of efforts to present a pretty picture. But the World Bank chief Dr Jim Yong Kim was obviously not moved. What touched him instead was the rampant poverty that he saw everywhere. "People here are extremely poor. They don't have access to clean drinking water, roads, sanitation and electricity," he said after visiting a Gwaltoli slum in Kanpur. "They (the people) struggle...

-Kafila.org In a speech delivered at the Reuters memorial lecture in November 2012 at Oxford University discussing the Indian news industry, Prannoy Roy candidly said that ”Indian news is currently in a race to the bottom”. He further added that upon comparing the average TV viewership in India (1 hour) to that in the US (5 hours), one is led to the utterly dismal conclusion that this race is far from...

-The Economic Times Something interesting happened in Mumbai last month. For the first time ever, Harvard Business School stepped out of its Boston campus to bring its leadership and corporate accountability programme for senior corporate executives to India. The programme focuses on promoting socially and financially responsible corporate conduct. In an environment where scams and business scandals are making headlines every day, the turnout for the four-day programme was expectedly impressive. "Corruption...

-PTI India on Thursday said it is disappointed with the “weak” political will in developed countries to provide developing nations enhanced means of implementation of objectives of Green Economy, which will also be a “green-wash” if the process is not democratised. As around 100 world leaders including Prime Minister Manmohan Singh gathered in Rio de Janeiro for the Rio+20 Summit, India also firmly rejected unilateral measures and trade barriers under the guise...