-IANS New Delhi: The Supreme Court Thursday banned over-the-counter sale of acid at retail outlets and ordered a compensation of Rs.3 lakh to be paid by the government to each acid attack victim. An amount of Rs. 1 lakh will have to be paid to an acid attack victim within 15 days, the court said. The apex court bench, headed by Justice R.M. Lodha, issued detailed directions for regulating the sale of...

-The Business Standard The new price caps for 191 essential drugs are likely to introduce serious distortions in the market for these medicines The National Pharmaceutical Pricing Authority, or NPPA, has announced new price caps for 191 essential drugs that are 10 to 50 per cent lower than the current prices. Drug makers have 45 days to recall the earlier batches and send out new ones with the lower price tags. This...

-Down to Earth Agricultural growth rate figures in the state appear to be unrealistic if one considers farm suicides and increase in number of landless farm labourers I am in a dilemma over the veracity of the data available on the state of agriculture in Madhya Pradesh. Perhaps, the reader could help me in this effort. Chances are he or she could be as befuddled as I am on the matter. In...

-The Telegraph The Centre today submitted in the Supreme Court a "draft model rule" to restrict sale and purchase of acid in the country following the rising number of attacks on women by criminal elements and jilted lovers. Under the draft rules, the sale of acid will be restricted to industrial use, battery dealers, school/college chemical labs and hospitals. It will be obligatory for all buyers to furnish their photo identity and...

-The Economic Times NEW DELHI: The government's earnestness to change the lives of millions untouched by high-street banks is being tested with a proposal from its own department of posts. Armed with an amazing network of offices, the department has sought Rs 1,900 crore from the Centre to launch a bank that would connect with the aam aadmi in Indian villages and far-flung areas where few institutional lenders have a presence. Financial...