-TheWire.in In a case that will once again prove that India is not out to arbitrarily purge all pharmaceutical patents, the delhi high court has ruled in favour of Roche, a Swiss multinational. Many years ago, Roche dragged Cipla to court arguing that Cipla’s product infringed its patented anticancer drug, Erlotinib (brand name ‘Tarceva’). After a protracted legal battle fought over seven hard years, Roche finally won. But so did Cipla. Indeed,...
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Banks are trying to cover up underhand actions: SC -Dhananjay Mahapatra
-The Times of India NEW delhi: The Supreme Court on Wednesday slammed the Reserve Bank of India (RBI) for refusing to make public through Right To Information (RTI) its reports on inquiry into offensive practices by private and public sector banks and said as a "watchdog", the central bank had a duty to make public reports on non-transparent activities of banks. "We have surmised that many financial institutions have resorted to acts...
More »It’s wrong to deny gas to the fertiliser sector -Uttam Gupta
-The Hindu Business Line And worse still, to favour urea producers over decontrolled fertiliser units in gas allocation, exacerbating the nutrient imbalance The manner in which gas is allocated within the fertiliser sector smacks of arbitrariness. The Centre gives a uniform subsidy to all manufacturers, including those of decontrolled complex fertilisers, under the Nutrient Based Scheme (NBS) . Why, then, does it use a different yardstick for allocation of gas to manufacturers of...
More »The mystery behind the spurt in prices of pulses -Remya Nair
-Livemint.com Prices of pulses have been consistently on a rise for past few months, forcing the government to announce a number of measures to check hoarding New delhi: Why are the prices of pulses rising? Will they stabilize anytime soon? The prices have been rising steadily over the last few months. Inflation in lentils stood at 46% in November, after hitting 42% in October, according to the Consumer Price Index (CPI) numbers...
More »NITI Aayog mulling big reforms in agriculture sector -Yogima Seth Sharma
-The Economic Times NEW delhi: In an effort to raise agriculture productivity and raise farm prices, government's premier think tank NITI Aayog is considering a series of big ticket agriculture reforms that include changes in the fertiliser policy to allow free import of urea, explore transgenic crops in pulses and oilseeds and make land laws transparent. A paper emerging from the work of Aayog's task force on agriculture development, has moving fertiliser...
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