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Ponzi puzzle stumps Amway

-The Telegraph The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes that promise huge returns to gullible investors and have lately grabbed all the sensational headlines in Bengal. William S. Pinckney, managing director of Amway India, and two directors of the...

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Costly Ethanol import likely to make petrol pricier by 4 rupees-Rajeev Jayaswal

-The Economic Times NEW DELHI: Petrol could become costlier by about 4 a litre if the government compels oil firms to sell 5% ethanol-blended petrol across the country by next month as these companies would be forced to import huge quantities of the biofuel at exorbitant rates. But, the Cabinet, which will meet soon to discuss the issue, may relax compulsory doping as it would want petrol prices to rise sharply, months...

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Behind the success of every Jasauti farmer is a lady’s finger-Mohammed Iqbal

-The Hindu Jaipur: The nondescript Jasauti village in Pahari tehsil of Bharatpur district, situated at the Rajasthan-Haryana border, has emerged as the "Bhindi Gaon" (village of lady's fingers), sending over a dozen vehicles with the popular vegetable everyday for six months in a year to Gurgaon and Delhi. Eighty per cent of agriculturists in the village are engaged in the farming of lady's fingers. The transformation in both the social and...

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Srirangam farmers up in arms over land acquisition move

-The Hindu   Government planning to set up paper board unit at a cost of Rs. 1200 crore TIRUCHI: Farmers of Mondipatti panchayat in Srirangam, Chief Minister Jayalalithaa's constituency, are up in arms over the move to acquire their land for the setting up of a paper board unit. The farmers argued that the land identified for the State-owned project had been under cultivation for three generations, and the livelihood of at least 2,000...

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DBT scheme to be launched in 20 districts-Sujay Mehdudia

-The Hindu   It is likely to be extended to entire country from October The Petroleum and Natural Gas Ministry on Wednesday announced that the Direct Benefit Transfer (DBT) scheme for the LPG consumers, putting subsidy cash directly into the account of beneficiaries, would be launched in 20 districts with high Aadhaar card penetration from June 1. The scheme is likely to be extended to the entire country from October this year. However, the...

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