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India shivers in deadly cold snap

An intense spell of cold weather has disrupted life across northern India, reportedly claiming two dozen lives. The capital, Delhi, has been badly hit by the cold snap, along with Indian-administered Kashmir, Haryana, Punjab and Uttar Pradesh. In Leh in Kashmir, temperatures dropped to -23.6C - this winter's lowest - on Sunday, weather officials said. Delhi, which is experiencing one of its coldest winters in years, has been hit by thick fog which...

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Bold ways needed to check ethical failings of the media: N. Ram

‘For the Indian media, the key question is one of covering mass deprivation' Time to rediscover concept of freedom of press in Marxist terms: Sashi Kumar N. Ram, Editor-in-Chief of The Hindu, has called for “bold and radical” ways to check the ethical failings of the media. Inaugurating a seminar ‘Whither Media,' organised as part of the three-day Third International Congress on Kerala Studies, which concluded here on Monday, Mr. Ram said that...

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Andhra Pradesh passes microfinance Act

On December 15, the Andhra Pradesh legislative assembly cleared a bill to regulate microfinance institutions (MFIs) in the state. The bill replaces an ordinance issued in October following 54 suicide deaths allegedly due to coercive methods of loan recovery by MFIs (see ‘Death by Default’, Down To Earth, November 30, 2010). The bill mandates MFIs to be registered with the district authority to collect installments at the panchayat office and Restricts...

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Govt explores capping FDI in pharma by CH Unnikrishnan

The Indian government is exploring a proposal to reduce the limit on foreign direct investment (FDI) allowed in the pharmaceutical industry through the automatic route to 49% from 100% amid concerns over the takeover of local drug makers by overseas firms. Officials from the ministry of commerce and industry and the ministry of health have had multiple rounds of discussions on the proposal following a note written to them by the finance...

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Ready to return 100 acres of land to unwilling Singur farmers, says Buddha

Over two years after the issue rocked the state, Chief Minister Buddhadeb Bhattacharjee today again raised the issue of returning land to “unwilling” Singur farmers. The issue had compelled Ratan Tata to pull out from West Bengal with the ambitious Nano project. Referring to his September 2008 meeting at Raj Bhawan with Mamata Banerjee, the CM said, he is still ready to return 100 acres of land to the unwilling farmers and...

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