-PTI KOLKATA: The West Bengal government has stepped in for damage control after chit fund company Saradha Group went bust reviving memories of the collapse of Sanchayita Investments in the early eighties when several investors and agents committed suicide. Sanchayita collected more than Rs 120 crore in 1980 before its offices were raided and it folded up with only a handful of people getting back a minuscule amount of money. Two main...
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Consumers face fresh power tariff hikes -Utpal Bhaskar and Aman Malik
-Live Mint Government rejects coal price pooling, moves closer to allowing projects assured fuel linkages by CIL to import coal The government rejected a proposal to pool coal prices and instead moved a step closer to allowing power projects that had been awarded through competitive bidding and assured fuel linkages by state-owned miner Coal India Ltd (CIL) to import the fuel and pass on the incremental costs as higher electricity tariffs. Price pooling...
More »Young IAS officer selected for PM's award for excellence in education -Aman Sharma
-The Economic Times Young IAS officer Omprakash Choudhary has won the Prime Minister's award for excellence in public administration for his stellar work in education in Chattisgarh's Dantewada district, the scene of country's worst Naxal insurgency. The 31-year-old officer of the 2005 batch was among the youngest recipients ever to receive the award on Sunday, which happens to be Civil Services Day in Delhi. "Dantewada district is my first Posting as a...
More »A Smartphone That Converts Text to Braille Developed for the Blind -Rutu Ladage
-India Times An Indian has developed a unique smart-phone that can aid the blind and help them perform functions other than answering calls. Technology has definitely been a blessing to humans and smartphones have become the need of the day. With having everything from the daily wake-up call (read alarm) to good-night reads (ebooks) on your phone, it has become an essential, almost a basic need. However, there is a segment of population...
More »Casteist, anti-woman stand of Loksatta candidates land them in trouble-Sudipto Mondal
-The Hindu One candidate asked to withdraw nomination, two others reprimanded Bangalore: The Loksatta Party, which is set to make its debut in the coming Karnataka Assembly elections promising "clean" politics, has run into trouble with three of its candidates taking public positions that appear to run counter to the party's stated ideological vision and standpoint. Phanisai Bhardwaj, the party's candidate for Bangalore South, has said on his facebook page: "Apolish [abolish] reservation...
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