-PTI   The first unit of the Kundankulam nuclear power project is expected to start generating electricity in the next 40 days, Minister of State in the Prime Minister's Office V Narayanasamy said on Monday. He said the Atomic Energy Regulatory Board (AERB) officials were at the Kudankulam project site and inspecting the plant. "The first reactor of 1000 MW will be operational within 40 days from today," Narayanasamy told reporters here. He said the...

India's efforts to produce and supply life-saving drugs at affordable prices face challenges from multinational companies trying to “evergreen” their patents. THE average life expectancy across the globe has increased from around 30 years a century ago to over 65 years today. This has been made possible in large part by modern medicine. Never before in history have humans had access to such an array of medicines and devices to...

India is coming under increasing pressure from the U.S. and the European Union for the strict patentability criteria it applies for medicines. AS was only to be expected, the two landmark decisions made by the Indian patent office in recent times concerning pharmaceutical patent cases have not gone down well with the multinational drug industry. First, there was the rejection in 2006 of the patent application by the Swiss multinational...

The latest Majithia wage board has recommended that salaries be increased, in some cases to 200% of prevailing rates The Press Trust of India, or PTI, India’s largest newswire, will be shut for about 30 hours from Saturday as its employees go on strike to protest the non-implementation of the wage board recommendations to significantly increase their salaries. The Federation of PTI Employees’ Unions said in a notice that the employees will...

Bidders for upcoming ultra mega power plants in Odisha and Chattisgarh will have to pay a reserve price to the state government for coal mines that come bundled with the project, ending a long established policy regime in which the mines were allotted free. The coal ministry is in the process of finalizing norms for calculating the reserve price for the mines, bidding norms and a model agreement for which it...