-PTI THIRUVANANTHAPURAM: Trading activities came to a virtual halt across Kerala on Wednesday as shop owners downed shutters to protest against the policies of the Central and state governments, including the decision to allow FDI in multi-brand Retail. Early reports from different centres said the response to the shut-down call given by traders' unions like Kerala Vyapari Vyavasayi Samiti (KVVES) has been total, especially in urban areas. Majority of hoteliers also joined the...

-PTI Petrol price may be cut by about Rs 1.60 per litre later this month as appreciation of rupee against the US dollar has helped state firms make profit on the fuel. Indian rupee appreciated to five-month high since the government announced allowing foreign direct investment (FDI) in multi-brand Retailing. This has eased the cost of imports for oil firms, helping them make profit on sale of petrol. "Yes, there is about...

-PTI Unfazed by the uproar over FDI in Retail and other tough decisions, Prime Minister Manmohan Singh on Saturday indicated that the government may continue with the reforms process and expressed willingness to discuss issues with allies. "We will do what is good for the country... reforms are not one-off process," he said. The Prime Minister was responding to questions on demands for rollback of decisions on FDI in multi-brand Retail, diesel price...

-The Telegraph A panel of Union ministers today finalised a market-based drug pricing policy that public health experts say cold-shoulders concerns expressed by the health ministry and threatens to legitimise high prices for medicines. The policy finalised by the group of ministers (GoM), led by Sharad Pawar, will apply to 348 essential drugs to cover virtually all common ailments — from painkillers and antibiotics to asthma medications and drugs against high blood...

-The Times of India India will, for the first time, put a cap on the maximum price at which essential drugs, like some commonly used anti-AIDS and anti-cancer drugs, besides a horde of painkillers, anti-TB drugs, sedatives, lipid lowering agents and steroids, can be sold in the country. In a landmark decision, a group of ministers (GoM) headed by agriculture minister Sharad Pawar on Thursday cleared the proposal to bring all 348...