-The Business Standard A trail of unfulfilled promises follow her in rural and urban Bengal The furious letter-writing since 2010 about the chit fund industry in West Bengal suggests that everyone knew the industry was going to implode. Bengal has one of the highest rates in small savings, Trinamool Congress (TMC) leader Somen Mitra wrote to the prime minister in 2011. The state buys the highest number of new life insurance policies, and...

-The Hindu Shramik Mukti Sanghatana appeals to Jayanthi Natarajan not to give final nod After rejecting a proposal last year, the Forest Advisory Committee (FAC) of the Union Ministry of Environment and Forests (MoEF) has recommended clearance of land for the controversial Kalu dam in Thane district, drawing sharp criticism from activists and tribals affected by the project. A letter on Thursday to Environment Minister Jayanthi Natarajan, conveyed their "utter shock and dismay"...

-The Times of India A year after the UPA presented a white paper on black money in Parliament, spelling out strategy to curb generation of illicit money and preventing its offshore flight, one of the most potent weapons created to tackle the menace and bring offenders to book - theincome tax department's Directorate of Criminal Investigation (DCI) - stands dismantled and powerless. The last search-and-survey operation, better known as I-T raids,...

-The Hindu Business Line From maker of versions of drugs, India's pharmaceutical industry has turned a top innovator Twenty years ago, Ranbaxy was a home-spun drug-maker. The Indian Patents Act allowed companies to make chemically-similar versions of innovative drugs. Visionaries in the pharmaceutical sector, like Parvinder Singh (Ranbaxy's key architect and member of its promoter family) and Anji Reddy (founder of Dr Reddy's Laboratories), were alive. And the pharmaceutical industry did not have...

-The Hindu This year, India can, it seems, look forward to good rains. Last year's monsoon could easily have slipped into a full-scale drought but was saved by exceptionally heavy rains in September. Even so, almost one-third of the country received far too little rain and has been left parched, with water resources running low. A good monsoon now is essential for agriculture and for the replenishment of reservoirs and aquifers....