Rajat Gupta Arrested, India’s Rising Suicide Rate | Oct. 24-28, 2011

Rajat Gupta was arrested this week on insider trading charges. Credit: World Economic Forum

Rajat Gupta was arrested this week on insider trading charges. Credit: World Economic Forum

Life moves fast, news moves faster. This week: girls’ naming rights, child abuse in Kashmiri jails, Pakistan denies supporting al Qaeda (again), and more.

Intel Inside It appears that Rajat Gupta, formerly of Goldman Sachs and Proctor & Gamble, may soon be following in the footsteps of his crony Raj Rajaratnam. Gupta was arrested by FBI agents earlier this week on charges of insider trading, and Rajaratnam’s conviction of such activities recently earned him 11 years in jail. But things aren’t all bad for the 62-year-old: a New York production company is working on a movie about his and Rajaratnam’s story, entitled “Billion Dollar Raja.” [New York Times]

Girl Power Nearly three hundred girls dubbed “unwanted” by their parents gathered for a name changing ceremony in Satara, India, on Saturday, Oct. 22. “Nakusa” or “Nakushi” both mean “unwanted” in Hindi and were two of the frequent names shed during the ceremony. Organizers say the move to allow girls new names is an attempt to fight gender discrimination in India. [TIME Newsfeed]

He Said, She Said The Pakistan military delivered a strong denial of a BBC report Wednesday that alleged its support of Afghanistan’s Taliban and al Qaeda. The story was based on interviews in which mid-level Taliban detailed support from their southeast neighbor’s military and intelligence agency. Afghanistan also told Pakistan’s then-president General Pervez Musharraf about Osama bin Laden’s whereabouts in 2006, according to a former Afghan intelligence official. Pakistan’s military spokesman dismissed the validity of any of these claims. [Reuters India]

Teenage Nightmares Hundreds of Kashmiri youth detained during last year’s riots in the Indian-administered region may have been abused in jail, according to new allegations. This may be because boys above 16 are treated as adults in Kashmir. The reports of mistreatment are as yet unconfirmed, but released boys exhibit signs of psychological trauma for which they receive no treatment. Now, the state’s placement of young boys in adult jails is under fire. [BBC News]

Insurmountable Pressures The Indian government reports that 15 people there take their own lives each hour. In 2010, the number of suicides leapt 5.9 percent over the previous year to 135,000. This year’s suicide rate is up over 2010, also, when 11.4 suicides took place per hour. While males were driven to suicide by financial pressures, many females killed themselves due to physical and mental abuse, and the demand for dowries. [AP]

Amina Elahi is Divanee.com’s Managing Editor. Check out her blog.