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Saradha-hit govt plans ordinance teeth for Sebi -Subhomoy Bhattacharjee

-The Indian Express New Delhi: Stung by the Saradha episode, the government has decided to drastically amend legislation governing the market regulator's power to police chit fund companies. The finance ministry will push for the legislation to be cleared in the current session of Parliament and, if that fails, to issue an ordinance immediately afterward. Government managers believe the explosion of Ponzi schemes in West Bengal and in Uttar Pradesh is enough...

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Global scientists back 10-year moratorium on field trials of Bt food crops-Gargi Parsai

-The Hindu     They say Supreme Court-appointed panel's recommendations reasonable Even as the final report of the Supreme Court-appointed Technical Expert Committee (TEC) on open field trials of genetically modified crops is awaited, 51 independent international scientists with expertise in genetic engineering and biosafety protocols have approved the panel's Interim Report. The report has called for a 10-year moratorium on open field trials of Bt food crops until adequate regulatory mechanisms and safety...

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Illegal for minors to open Facebook account: petition -Nirnimesh Kumar and Devesh K Pandey

-The Hindu   Explain how minors are getting into Facebook and Google, Delhi High Court asks govt. The Delhi High Court on Thursday asked the Union government to explain how it was allowing children below 18 years to open accounts in social networking sites such as Facebook and Google. A Division Bench of Justices B.D. Ahmed and Vibhu Bakhru asked the Centre to respond within 10 days when counsel for the former BJP leader,...

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Police behaviour worse than mad animals', will intervene directly now, SC warns states -Utkarsh Anand

-The Indian Express Referring to the recent incidents of two women protesters being assaulted by police officers in Delhi and Aligarh, the Supreme Court on Thursday warned all state governments and police departments against such action. "We are making it very clear that if such incidents are repeated anywhere in the country again, the culprit will have it directly from the court. We will go beyond the norms laid down as a...

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Trinamool runs aground: It is foundering on Bengal’s cheat funds and could well sink with them -Abheek Barman

-The Times of India The collapse of Saradha Group, promoted by Sudipta Sen, is the greatest threat yet to Mamata Banerjee's Trinamool Congress regime in Bengal. It could also imperil the finances of millions of people in Bengal, Assam, Jharkhand, Bihar, Orissa and eastern Uttar Pradesh. Trinamool's blatant association with the bigwigs of Saradha, which raised vast amounts of money from poor people before collapsing, is a potentially fatal political body blow....

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