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CBI verdict wait for Kunal

-The Telegraph Calcutta: Trinamul MP Kunal Ghosh's future in the party is expected to be decided after Calcutta High Court rules on two petitions by Saradha depositors seeking a CBI probe into the sham deposit-mobilisation scandal, party sources told The Telegraph. "Our leaders have been worried since the court indicated on April 25 that it was contemplating a CBI probe," a party source said. "(If action is taken now), Kunal may try to...

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Can legal measures root out chit fund frauds? - No -Pratim Ranjan Bose

-The Hindu Business Line There can be no denying the need for a legal framework to ensure that the likes of Saradha do not take the entire financial system for a ride. But that said, there will always be greedy investors, willing to be taken in by the tall promises of unscrupulous operators. The latter's task is made easier by loopholes in the law. Hence, Ponzi operators used the legal loopholes...

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The Cost of Drugs: Beyond the Supreme Court Order -Sanjay Nagral

-Economic and Political Weekly While the Supreme Court decision in the recent Novartis case has cleared the way for production of generic drugs in India, doctors have to prescribe cheaper alternatives to costly brands if patients with limited means are to benefit. What is being hailed as a victory in the struggle for affordable medicines in the country will actually be one only when there is a pro-patient slant to the...

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Netas, scribes may come under ED lens -Pradeep Thakur

-The Times of India The enforcement directorate's probe into alleged money laundering by the scam-scarred Saradha group may cover important politicians and their kin, besides Media professionals, exposing them to the risk of confiscation of their bank accounts and properties. Sources in the ED, which has already registered a case in Guwahati, said the agency will issue summons to all those who helped siphon off money that Saradha had mopped up from...

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Celebrating women who won against all odds

-The Hindustan Times Real Heroes, a CNN-IBN initiative in partnership with Hindustan Times, celebrates the extraordinary service of India's ordinary citizens every year. This year, the awards will felicitate 13 women who fought hard and conquered all obstacles to make a difference. Today we share four such stories. * Bhanwari Devi It's a name that's synonymous with the women's movement in India. And yet justice continues to elude Bhanwari Devi. Brutally raped in 1992 for reporting...

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