-The Economic Times With the coming of 'organised' multi-brand retail - whether through FDI or indigenous - can the kirana store owner create an effective response so that he competes successfully to retain his share of the consumer's growing shopping basket? And second, will he want to make the change? To answer the first question, let's recap what we know are the kirana's strengths. Successful kirana stores have great neighbourhood locations and...
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Laissez-Faire Failing World’s Dwindling Water Resources-Stephen Leahy
-IPS News UXBRIDGE, Canada- Growing water shortages in many countries are a major threat to global security and development and should be a top priority at the U.N. Security Council, a panel of experts said in a new report. However, that report ignores the biggest threat to water security: neoliberal policies of the free market economic system laying waste to the natural world and turning water into a commodity, activists counter. China...
More »IPAB dismisses Bayer's stay plea in Nexavar case
-The Economic Times MUMBAI: In a victory to generic drugmakers, the Intellectual Property Appellate Board (IPAB) of Chennai has dismissed German pharma major Bayer's plea, seeking a stay on the Compulsory Licence issued to Hyderabad-based drugmaker Natco. The Compulsory Licence (CL) issued by the Controller of Patents in March this year allowed Natco to make and sell a generic version of Nexavar - used for treating liver and kidney cancer - at...
More »Rise in Argentina’s maize exports to ease pressure in international food markets–UN
-The United Nations Argentina’s announcement that it would export an additional 2.75 million tonnes of maize this year will help ease tight international markets, the United Nations food agency said today, adding that while this is a welcome measure, countries must remain vigilante to avoid a global food crisis. According to the UN Food and Agriculture Organization (FAO), the announcement was made by Argentina’s Minister of Agriculture, Norberto Yauhar, who had just...
More »Traders to shut shop on Sept 20 against multi-brand FDI
-The Business Standard Are in talks with political parties for support, fear foreign players will invoke equal-treatment clause in bilateral pacts between India and other nations As the Cabinet Committee of Economic Affairsgave a green signal to the 51 per cent FDI in multi-brand retail, though leaving the implementation decision to the states, the traders’ community is all out to protest against the big policy decision. Calling the move unfortunate, Confederation of...
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