-The United Nations The Asia-Pacific region, which has overtaken the rest of the world in consumption of raw materials as affluence and manufacturing increase, must boost its resource efficiency or risk losing ground in lifestyle, economic growth and environmental sustainability, according to a UN report released today. From 1970-2008, consumption of construction minerals increased 13.4 times, metal ores and industrial minerals consumption 8.6, fossil fuels 5.4, and biomass 2.7 times, according to...

-The Hindu Allahabad: Almost two months have passed since the largest human gathering, the Maha Kumbh Mela, concluded here, registering a mammoth 100 million devotees over 55 days. Huge banners and hoardings welcomed visitors to an eco-friendly, ‘Green Kumbh,' spread this time over an extensive 4,000 acres. While the Uttar Pradesh government receives accolades for its management of the mega event - most recently through a presentation invite by Harvard University...

-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...

-The Hindu MARAKKANAM: In front of one of the burnt houses at Kattayantheru lie a number of charred certificates, including ration cards and other important documents that belong to the members of the Marakkanam Dalit Colony. "We have salvaged whatever we can, but most of us have lost documents including ration cards, mark sheets, birth certificates and death certificates. Many of us whose houses were burnt even lost currency notes they had...

-The Economic Times MUMBAI: The employees at ICICI Bank, HDFC Bank and Axis Bank may have violated know-your-customer norms and helped clients evade taxes, the Reserve Bank of India's investigation has found. "Banks opened current account based on power of attorney without KYC," ET Now reported citing people familiar with the report. "Banks gave cash advances for Gold purchases", which is a violation of norms, it said. The central bank and the...