-The Economic Times Rajan Mittal resigned as director of Bharti Retail last November, barely weeks after the Enforcement Directorate launched a probe into a controversial $100-million investment by Walmart Stores in Cedar Support Services, the holding company of the retail venture. A Bharti spokesman said Mittal had resigned from the board last year to "take out time for his other commitments" and has been replaced by Bharti Group's general counsel and...
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Interest rates may fall as inflation slows to 3-year low
-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing relief for the politically beleaguered government. Lower interest rates would provide relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...
More »Tribals in south Gujarat pay 90 per litre for petrol -Melvyn Reggie Thomas
-The Times of India SURAT: For the tribals living in interior villages of Dang, Tapi and Surat districts, driving a motorcycle has become a costly affair. While their counterparts in other areas, who have access to petrol pumps, are paying Rs 70.68 per litre, they have to shell out Rs 90 per litre for the fuel. With no petrol pumps in the interior villages, they are dependent on grocery stores selling petrol...
More »Retaining the aroma-Sushanta Talukdar
-The Hindu Efforts are on to obtain Geographical Indication tag for the fragrant non-Basmati joha rice varieties of Assam As the aroma of Assam's joha rice varieties that make the fragrant pulao, delicious Assamese dessert payash and are a must for a number of ethnic delicacies spread far and wide, the State government has begun the technical exercise to obtain Geographical Indication (GI) tag for joha rice to protect these indigenous varieties...
More »Shortage of MTP pills, thanks to tighter norms of Food and Drug Administration -Pratibha Masand
-The Times of India MUMBAI: Bhavin Dave was married for six weeks when his wife realized she was pregnant. Both rushed to a doctor, who said the best way to deal with the unplanned pregnancy was to use a medical termination of pregnancy (MTP) drug. She prescribed the pills and that was when their ordeal began. Bhavin (name changed) scrambled from pharmacy to pharmacy with the prescription, but to no avail. He...
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