-The Times of India It appears to be one step forward and two steps back for the government in so far as pruning of fuel subsidy bill is concerned. The latest example is the oil ministry's order asking state-run fuel retailers to supply cooking gas cylinders at subsidized rate to non-domestic consumers such as canteens, medical institutions and mid-day meal kitchens. The order on cooking gas, issued on Tuesday, comes close on...

-New Age Asia’s ability to keep food prices in check and ensure long-term regional food security will require the region’s farm to market supply chains to become more efficient and cost-effective, says a new Asian Development Bank  study. The Study titled ‘The Quiet Revolution in Staple Food Value Chains: Enter the Dragon, the Elephant and the Tiger’, was produced by ADB and the International food Policy Research Institute in response to the...

-The Hindu OMCs will revise price every month until losses are wiped out The Centre is seized of some State governments’ directive to their transport undertakings (STU) to line up at retail outlets for refuelling following the removal of subsidy for bulk consumers of diesel, Petroleum Minister M. Veerappa Moily said on Friday. Talking to reporters here, Mr. Moily said he had heard that States such as Gujarat and Tamil Nadu had asked...

-The Times of India MUMBAI: The Union government and regulatory bodies appear to be serious in ending the pharma-doctor nexus and curb unethical marketing practices. In its latest effort, the Medical Council of India has directed doctors, hospitals and medical colleges to prescribe generic medicines as far as possible. Generic medicines are more affordable versions of branded medicines sold by companies. In its directive dated January 21 to the principals of medical...

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...