-The Indian Express The government’s proposal to price-control certain drugs will create more problems than it will solve From clothes to cars, prices of consumer products the world over are determined taking into account input costs, margins and competition, popularly called the cost-based pricing system. Departing from this sound, fair, tried and tested principle of commerce, the government’s new drug pricing policy, approved by the Group of Ministers headed by Sharad Pawar,...

-The Indian Express Giving a pointer to the much-awaited Bill on land acquisition reforms, Agriculture Minister Sharad Pawar on Tuesday said the government will not dilute the provisions which restrict the acquisition of multi-crop and single crop agricultural land for non-farming purposes. “We will ensure that acquisition of high-yielding farmland is not allowed for non-agriculture purposes. This is a serious issue and the government is concerned about it. One should not be...

-Mainstream Weekly Intense and motivated propaganda, powerful national and international diplomatic pressure, verging on pure and simple arms-twisting of the kind the Third World has been facing for decades by means of the active role of the econo-mic hit-men in the policy establishments, huge cash-back lobbying, both in India and abroad, blunt attempts to bamboozle the persons holding key positions in India’s policy establishment through a combination of hissing and kissing...

-The Economic Times The India of today would, perhaps, be among the most emotion-driven societies in the world. There would have been nothing wrong per se in this if emotions determined how an individual were to live his or her life, and influenced personal decisions. The big danger is when emotions become the Rosetta Stone to interpret the current and emerging needs of the nation, putting aside facts, objectivity, scientific temperament...

-The Times of India Market leader IndianOil on Monday reduced petrol price by 56 paise to pass on to consumers the benefit of the rupee's growing strength against the dollar in recent times. The fuel will cost Rs 67.90 a litre at IndianOil's pumps in Delhi against Rs 68.46 due to higher incidence of state tax while the price in Mumbai will come down by 71 paise to Rs 74.43 a litre....