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A welcome rollback

-The Business Standard Cotton export ban was an example of poor policy The government’s sudden move to ban cotton exports – rolled back in less than a week following anger from cotton farmers and adverse political fallout — reflects very poorly on its policy management. The commerce ministry clamped down on exports without clear logic; prior consultations with other ministries concerned were also cursory or non-existent. Unsurprisingly, most players in the cotton...

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India's patent ruling on cancer may open door for cheaper HIV drugs

-Reuters India's move to strip German drugmaker Bayer of its exclusive rights to a cancer drug has set a precedent that could extend to other treatments, including modern HIV/AIDS drugs, in a major blow to global pharmaceutical firms, experts say.  On Monday, the Indian Patent Office effectively ended Bayer's monopoly for its Nexavar drug and issued its first-ever compulsory license allowing local generic maker Natco Pharma to make and sell the drug...

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Mayawati's wealth doubled to Rs 111.64 crore during her term as chief minister by Ashish Tripathi

Bahujan Samaj Party (BSP) president Mayawati's assets doubled to Rs. 111.64 crores (approx. $22 million) during her term as chief minister of Uttar Pradesh. In her affidavit filed along with the nomination for the Rajya Sabha (upper house of Parliament) elections on Tuesday, Mayawati has declared total assets of Rs 111.64 crore, which is more than double of Rs. 52 crore she declared in May 2007 when she contested for the...

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Cotton export ban goes-Sujay Mehdudia

Notification today; GoM will work out riders   Allies of the ruling United Progressive Alliance have again forced the Manmohan Singh government to take a step back, this time over the ban on cotton exports. The government has now announced that a new notification revoking the ban imposed on March 5 will be issued on Monday, in what is considered a victory for Agriculture Minister Sharad Pawar, who stoutly opposed the decision, along...

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Constable killed after standing up to eve-teasers -Ananya Dutta

A police constable, allegedly beaten up by a group of miscreants who harassed his niece three days ago, died of injuries here on Sunday. Ashim Dam, a resident of Birati on the northern fringes of the city, died at a private hospital. His family alleged that although they had named the seven persons who perpetrated the attack, none had been arrested so far. “The incident occurred on the day of Holi [March 8]....

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