-The Hindu Business Line Kolkata: Everyone knew that the bomb was ticking. But, there was not much action to curb the mushrooming ponzi schemes that were collecting thousands of crores from hapless investors across West Bengal since 2007-08. Some promised to grow money by 34 times in 25 years by investing in teak bonds. Others offered to double money in 15 months by investing in the potato trade. As a result, investments...
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Dairy price surge pushes world food costs for March slightly higher, UN reports
-The United Nations A sharp surge in the price of dairy products pushed the overall costs of food one percentage point higher in March, the United Nations reported today, while world wheat production remained on track to reach its second highest level ever, barring adverse weather. Releasing its latest monthly Food Price Index (FPI), the UN Food and Agriculture Organization (FAO) said the dairy component of the index, which carries a 17...
More »Indian patent rulings may face legal heat internationally -Soma Das
-The Economic Times The recent patent rulings in India may get frequently challenged in international courts if the government yields to the European Union's demand of including matters related to intellectual property in the investors-state dispute mechanism in their proposed trade pact, health activist groups have warned. An investor-state dispute resolution mechanism typically allows foreign investors to sue countries for compensation if national laws, policies, court rulings of the country infringe upon...
More »HIV, cancer patients seek access to affordable medicines-Aarti Dhar
-The Hindu Protesters see attempt by EU to undermine Indian judiciary in the EU-FTA pact People living with HIV, cancer patient groups and public health activists came out on the streets on Wednesday demanding that India reject the European Union's demands in the European Union-India Free Trade Agreement (EU-India FTA) negotiations. The protests coincide with Prime Minister Manmohan Singh's visit to Germany to meet Chancellor Angela Merkel with the FTA on top of...
More »CITU wants to fight unemployment by cutting work-week to 35 hrs from 48 -Shaju Philip
-The Indian Express Thiruvananthapuram: Thirteen years after a Left government in France adopted a 35-hour work-week to tackle unemployment and allow more time for leisure, the CPM's TRADE UNION arm Centre of Indian TRADE UNIONs (CITU) has decided to campaign for the same model in India. Reducing the weekly working hours in India to 35 from 48 was one of the main proposals agreed by the CITU's all-India conference which concluded in...
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