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Mamata's nephew a party to Ponzi schemes: CPM

-The Hindustan Times Demanding a CBI inquiry into Saradha Group financial scam, CPI(M) has accused chief minister Mamata Banerjee's nephew of being involved in Ponzi schemes. "Mamata Banerjee's nephew Abhishek Banerjee, who is the leader of Trinamool Youth Congress, runs a company which is involved in real estate and micro-finance and has made a huge amount of money in the last two to three years. Its turnover has skyrocketed to 300 crores...

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Slow Poison-A Srinivas

-The Hindu Business Line   Arsenic and fluoride contaminated water has condemned millions to live wasted lives in West Bengal, Andhra Pradesh and Karnataka. Business Line visited several villages in the affected regions for this special report by A. Srinivas. Sixty-nine-year-old Renubala Ari of Deganga village in West Bengal's North 24 Parganas district is counting her last days. But it is not her death that worries her. Blind in both eyes and with painful...

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In story of Saradha's crores, Bengal's forgotten hundreds -Madhuparna Das

-The Indian Express West Bengal is not new to chit fund scams. What is unique to the Saradha Group scandal is how it targeted the poorest and the most marginalised, leaving them on the verge of devastation. From 17-year-old agents who raised money from depositors to 50-year-old widows who invested money, the Saradha Group didn't discriminate in roping them in. Since the house of cards started collapsing, two agents and two...

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Post-Kumbh Mela, the Sangam presents an unholy sight -Omar Rashid

-The Hindu Allahabad: Almost two months have passed since the largest human gathering, the Maha Kumbh Mela, concluded here, registering a mammoth 100 million devotees over 55 days. Huge banners and hoardings welcomed visitors to an eco-friendly, ‘Green Kumbh,' spread this time over an extensive 4,000 acres. While the Uttar Pradesh government receives accolades for its management of the mega event - most recently through a presentation invite by Harvard University...

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Normal monsoon may give UPA some help

-The Times of India Rains could bring some relief to the UPA in the pre-election year with the meteorological department on Friday projecting a countrywide normal monsoon for 2013. The forecast should allay government's fears of food inflation jumping again over the 10% mark after being only partially tamed in the last quarter of the financial year. The weather office said that rainfall would be within the normal range - 98% of...

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