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New bulk drug export norms to comply with EU standards

-The Hindu The Commerce and Industry Ministry, on Thursday, issued new guidelines for pharmaceutical makers to comply with the European Union (EU) Good Manufacturing Practice (GMP) standards. In a statement issued here, the Ministry says such a move will give a boost to pharma exports from India. "India has demonstrated its keenness to meet international requirements for exports of pharmaceutical products yet again by taking timely action for complying with the new...

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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...

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Bangladesh textile factories shut amid unrest

-BBC Many Bangladeshi textile factories near the capital, Dhaka, have shut because of unrest sparked by the collapse of a factory building last month, the country's textile association has said. Owners made the decision on safety grounds after many workers went on a rampage, the group's president said. Retailers in Europe meanwhile said they would sign an accord to improve safety conditions in factories in Bangladesh. At least 1,127 people were killed when the...

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The latest buzz: eating insects can help tackle food insecurity, says FAO

-The United Nations     While insects can be slimy, cringe-inducing creatures, often squashed on sight by humans, a new book released today by the Food and Agricultural Organization (FAO) says beetles, wasps and caterpillars are also an unexplored nutrition source that can help address global food insecurity. The book, Edible Insects: future prospects for food and feed security, stresses not just the nutritional value of insects, but also the benefits that insect farming...

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The great jobs disaster-CP Chandrasekhar and Jayati Ghosh

-The Hindu Business Line   In much of the discussion on the turnaround after the Great Recession, attention has been focused on financial consolidation and the halting return to growth. Far less attention has been paid to the persistence of high and even rising unemployment and its sources. In the desperate search for evidence that the global recession has bottomed out and the recovery has arrived, the story told by the long-term trend...

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