-The Indian Express New Delhi: Around 62 per cent of high-income households prefer organic Food due to rising awareness, higher disposable income and easy availability in the markets of big cities, a study by Assocham says. There has been a growth in the demand for organic products in metropolitan cities, especially fruits and vegetables, an increase of 95 per cent in the last five years. The survey titled "Rising demand of organic products...
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Sugar at ration shops may dry up in 15 states next month-Indivjal Dhasmana
-The Business Standard States yet to invite tenders after partial decontrol of sugar was implemented Partial decontrol of sugar might augur well in the long run but not before giving teething troubles. Sugar supplies in ration shops of around 15 states might end from June 1, as these states have not started inviting tenders for supply, as is required under a new mechanism. Officials said only Andhra Pradesh, Kerala, Tamil Nadu, Goa, Madhya Pradesh,...
More »Post-2015 development agenda must focus on equality–UN experts
-The United Nations United Nations independent experts today called on countries to ensure the post-2015 development agenda focuses on equality, social protection and accountability, noting that one billion people around the world are still living in poverty. "The rise of inequality has severely undermined the achievements of the Millennium Development Goals, or MDGs," the independent experts said in their message to Member States which will meet this week in New York to...
More »Ranbaxy case may take a toll on other Indian drug makers
-The Business Standard The tussle between the US Food and Drug Administration (US FDA) and Ranbaxy is likely to hit the plans of Indian pharmaceutical companies of making it big in the US generic drugs market. Apart from the fact that their image may take a beating, the additional scrutiny on abbreviated new drug applications (ANDAs) from India would lead to more delays in drug approvals. Last week, Ranbaxy had agreed to...
More »Ranbaxy's dark chapter-Bhupesh Bhandari
-The Business Standard Why have Indian authorities woken up to the Ranbaxy case only now? The matter had been simmering for several years The Ranbaxy affair is one of the darkest chapters of India's business history. The company has admitted it fudged data so that it could launch its products in the United States. It has now paid $500 million as a penalty to settle the case. It is worse than Ramalinga...
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