-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...

-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The Retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...

-The Telegraph New Delhi: The Supreme Court today ruled that once the government reduces the prices of essential drugs, the new rates would come into immediate effect and companies cannot continue selling at earlier prices. A bench of Justices R.M. Lodha and Kurien Joseph rejected the arguments of multinational giant GlaxoSmithKline Pharma that companies are entitled to sell drugs at old rates for 15 days to dispose off stocks. According to the bench,...

-The Telegraph New Delhi: An Indian government laboratory released a formulation of salt fortified with iodine and iron for mass consumption, calling it a tool to combat anaemia and iodine deficiency, without adequate and rigorous evidence to show that it increases blood haemoglobin levels, scientists have said. The National Institute of Nutrition (NIN), Hyderabad, has shared the formulation and production technology for its double fortified salt (DFS) with seven salt-producing companies, some...

-The Indian Express The Supreme Court on Monday ruled that drug manufacturers and Retailers cannot sell medicines at higher prices mentioned on the label of the boxes if the government notifies a lower rate. They must implement the price fixed under the Drugs (Prices Control) Order (DPCO) within 15 days from the date of notification. The bench of Justices R M Lodha and Kurian Joseph rejected the argument that the revised prices...