-The Telegraph Kolkata: Chief minister Mamata Banerjee today flagged a four-member panel headed by a retired judge, a task force and an ordinance in her first comprehensive comments on the Saradha Group collapse that has triggered fears of a default contagion in Bengal. It was not clear if it was a stray remark or addressed at those seeking immediate relief for depositors but the chief minister also said that "ja gechhey ta...
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Deposit schemes: Blame game starts as Bengal grapples with fallout
-The Hindu Business Line Kolkata: Everyone knew that the bomb was ticking. But, there was not much action to curb the mushrooming ponzi schemes that were collecting thousands of crores from hapless investors across West Bengal since 2007-08. Some promised to grow money by 34 times in 25 years by investing in teak bonds. Others offered to double money in 15 months by investing in the potato trade. As a result, investments...
More »Child rape: AAP activists protest outside PM's residence
-PTI A group of Aam Aadmi Party activists on Sunday tried to stage a protest demanding removal of Delhi Police commissioner Neeraj Kumar outside Prime Minister Manmohan Singh's residence and were detained. The activists reached Singh's 7 Race Course Road residence and tried to break the barricades to enter the high-security premises as their party served an "ultimatum" to the government to remove Kumar by this evening. Around 5pm, the activists tried to...
More »With police help, banned Naxal group takes on Maoists in Jharkhand -Deepu Sebastian Edmond
-The Indian Express As coming-of-age rituals go, the Tritiya Sammelan Prastuti Committee (TSPC) couldn't have planned it better. Acting on intelligence by its cadre, it moved in on a group of Maoists in Chatra district's Lawalong Tola on the intervening night of March 27-28, killing 10. Among the dead was Lalesh Yadav, secretary of the Bihar-Jharkhand-North Chhattisgarh Special Area Committee, and his closest subordinates, thus leaving a vacuum at the heart...
More »Waiting for a new chapter in life to begin-Smriti Kak Ramachandran
-The Hindu From the outside, it is just one of those private schools tucked away in an obscure corner that holds out the promise of convent-education, but once you are inside the poorly-lit building -- known as House No.16 -- in South-West Delhi's Bijwasan, you are confronted by the presence of countless buzzing flies and a pervading nauseating stench. This school with cramped classrooms and no students is home to grown...
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