-The Telegraph An Indian pharmaceutical company has tweaked and tested a synthetic molecule first created in an American university and developed the world's latest drug against malaria, an alternative to standard anti-malarial therapy. India’s Ranbaxy Laboratories today launched the new drug for the treatment of uncomplicated malaria caused by the Plasmodium falciparum parasite, after nine years of research which was partly supported by the Indian government. Clinical trials in India, Tanzania, and Thailand...

A Union finance ministry panel is likely to call Bengal’s top officials next week to discuss the request for a debt recast. This will be preceded by a meeting of a Trinamul Congress parliamentary delegation with Prime Minister Manmohan Singh and finance minister Pranab Mukherjee. Bengal, Kerala and Punjab have been officially dubbed debt-stressed states. A panel headed by expenditure secretary Sumit Bose has been tasked to look into the problems of...

The man selected by the Maoist captors of Chhattisgarh collector Alex Paul Menon to mediate with the government today said the abduction was part of a “war” over resources but voiced hope that the officer would be freed. “The abduction is situational, it depends on what is happening there,” B.D. Sharma said, drawing attention to what the rebels brand as state-sponsored atrocities on tribals. The comments, four days after the rebels snatched...

-The Economic Times   On Saturday, Bengal chief minister Mamata Banerjee told New Delhi that it had 15 days to announce a debt-relief package for the state. She did not specify what would happen after the deadline, but said that her patience was wearing thin.  The Centre cannot give in to such blackmail. Banerjee doesn't have to bother about the huge risk that this demand creates. The Centre has few powers to write...

-The Economist West Bengal’s populist chief minister is doing badly. Yet she typifies shifts in power in India BUYER’S remorse is common enough in the dusty markets of Kolkata, a delightful if crumbling great city, once known as Calcutta and still capital of the state of West Bengal. Those who buy cheap plastic goods or plaster-of-Paris busts of Rabindranath Tagore, Bengal’s cultural hero, may come to regret their haste. Likewise, many who...