-The Hindu A strong whistle-blower protection law in India would expose financial corruption in a way that reinforces ethical business practices In 2013, generic pharmaceutical company Ranbaxy pleaded guilty to seven criminal felonies for drug manufacturing fraud and agreed to cough up an unprecedented $500 million in fines. The case against Ranbaxy was significant not only for being a successful prosecution of a powerful India corporation. It also marked the triumph of Dinesh...
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Growth in the Time of UPA: Myths and Reality -Maitreesh Ghatak, Parikshit Ghosh, and Ashok Kotwal
-Economic and Political Weekly This article challenges the prevailing view that the diminished electoral prospects of the United Progressive Alliance government is the result of neglecting growth to launch populist welfare schemes. It looks at a wide range of economic indicators to argue that compared to the National Democratic Alliance regime, the UPA period has been characterised by faster growth, higher savings and investment, growing foreign trade and capital infl ows,...
More »The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra
-The Business Standard The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...
More »Tobacco use accounts for 40 per cent of all cancers in India, says report-R Prasad
-The Times of India "Number of deaths may shoot up to 1.2 million by 2035" Every year nearly one million new cancer cases are diagnosed in India, the prevalence being 2.5 million. With mortalities of 6,00,000-7,00,000 a year, cancer causes six per cent of all adult deaths in the country. The number of deaths per year is projected to shoot up to 1.2 million by 2035, according to a series of papers published...
More »Who is really to blame for India’s growth slowdown and inflation?- Niranjan Rajadhyaksha
-Live Mint Data shows that Indian growth has moved in sync with what was happening in the rest of the world while Indian inflation has had a life of its own Mumbai: The war of words between P. Chidambaram and Yashwant Sinha on the way the Indian economy has been managed over the past decade is the sort of political grandstanding that is expected in the last stage of what has...
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