-CNN-IBN Kolkata: The West Bengal chit fund is getting bigger each day. It has now turns out that ponzi schemes in the state Financed not just media houses but Tollywood films as well. In the past four years, at least one in three films has been produced by groups that run ponzi schemes. Rose Valley, a deposit-taking company which is now under the MCA scanner, has produced 18 films including three National...

-The Telegraph A parliamentary panel has recommended that the Union government dissolve the ministry of development of north eastern region (DoNER) and put it under the Prime Minister's Office. The reason for the ministry's dissolution has been attributed to the plummeting efficiency levels and achievement rate in its planned schemes. "The committee, therefore, strongly recommends that the government should consider the handicaps of the DoNER ministry in a very serious manner. It should...

-PTI The government plans to provide subsidy to 14 crore LPG subscribers directly in their bank accounts from October 1, using the Aadhaar payment platform. The government, official sources said, has decided to launch "Direct Benefit Transfer (DBT) for LPG throughout the country tentatively from October 1". "This (transfer of LPG subsidy) would require a much larger number of beneficiaries to be covered for opening of bank accounts and linked to Aadhaar and...

-The Telegraph Calcutta: Mamata Banerjee's zeal for a new anti-fraud bill could delay action against Saradha for months but has only a few differences with the old Left-sponsored bill her government has withdrawn, officials said today. "Except for three provisions and a few other minor changes, the language of the two bills is identical," a law department official said. A senior Writers' bureaucrat said the legislative steps that the new bill must...

-The Hindu Sleuths of NIA are facing an unusual problem of mobility as they are "forced" to depend on taxis since the investigating agency has been unable to purchase vehicles due to an austerity drive. The chief of National Investigation Agency (NIA) told a parliamentary panel that it created three branches in Bhopal, Patna and Kolkata in 2012 but due to government's austerity measures, they have not been sanctioned any vehicle. "This is...