-The Hindu Madurai: Tempers ran high at the Collectorate on Tuesday when a majority of the farmers, who participated at a public hearing, opposed acquisition of land for the proposed SIPCOT industrial estate at Sivarakottai near Tirumangalam in the district. Farmers from Sami Mallampatti, Sivarakottai and Karisalkalanpatti participated in the public hearing organised by the district administration. Collector Anshul Mishra said industries had to be established to provide jobs to the unemployed youth...

-The Times of India NAGPUR: President Pranab Mukherjee on Monday slammed multinational companies saying they only looked for oversees locations with an intention to dodge taxes, raising eyebrows at a time when the country is desperately wooing foreign capital to plug a widening current account deficit. Addressing a function at the National Academy of Direct Taxes (NADT), Mukherjee said more than three-fourths of business transactions nowadays took place through the units of...

-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...

-The Times of India Less than 24 hours before the Supreme Court takes up the coal scam hearing on Tuesday, a blame game broke out within the government over who was responsible for incorrectly telling the court that the CBI had not shared the contents of its status report on " Coalgate" with the political executive. In a four-page letter to attorney general Goolam Vahanvati, additional solicitor general Harin Raval said he...

-IANS India also gets high scores for electoral process and pluralism (9.58) and civil liberties (9.41) Washington: Even as it acknowLEDges India as the world's most populous democracy, the Economist magazine's Index of Democracy 2012 ranks India 38th among 165 nations with an overall score of 7.52. India also gets high scores for electoral process and pluralism (9.58) and civil liberties (9.41). The top three positions go to Norway (9.93) Sweden (9.73) and...