-Live Mint While natural disasters grab our attention, everyday events like illness drag most people into poverty  In a small town of Gujarat, I met Chandibai, a woman, about 50 years of age. Fifteen years previously, her husband, Gokalji, had owned a general-purpose shop in the town centre. The family also owned a house and some agricultural land. In 1989, Gokalji developed an illness that confined him to bed, sometimes at home...

-The Times of India Get ready to shell out more for your train journey and several other services provided by the government — from parcels to patents. Pawan Kumar Bansal, the new railway minister, on Monday hinted at an increase in passenger fares with a caveat that it was not meant to earn a profit for the state-run transporter. "Fares will not be increased for the sake of increasing fare. If fare...

-MoneyLife.in If you were wondering why most of the recent major cases of corruption have not been exposed by opposition parties, especially the BJP, now you have the answer: they are all in it together. I am ready for any inquiry,” repeated Nitin Gadkari on every television channel where he brazenly defended the dubious shell companies and land allotment that propelled the growth of his ballooning ‘social entrepreneurship’. The irony is that Nitin...

-Tehelka The sentencing of Wall Street wizard Rajat Gupta in the historic insider trading case has led to the fall of a one-time icon for many Indians “This is where destiny is taking me.” This is what former Goldman Sachs Group Inc director, Rajat Gupta, told old friend Pramod Bhasin, as he sat with a glass of scotch in hand, in a mid-town bar in New York. Little did Gupta know how prophetic...

-The Indian Express Various financial irregularities have been found in the implementation of the country's flagship MNREGS in many districts of Madhya Pradesh, according to an audit report. The report on Mahatma Gandhi National Rural Employment Guarantee Scheme accounts for 2010-11, submitted to the state government in August, reveals financial discrepancies worth crores of rupees by the district in-charges. "In the audited account of 2010-11 of district office of Chhindwara, we have noted...