-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...

-The Times of India A new scam worth several thousands of crores has come to light. The Central Bureau of Investigation has started a probe into serious irregularities in awarding offshore mining blocks to private companies which did not fulfill the eligibility criteria. The CBI has registered a preliminary enquiry (PE) against officials of the Indian Bureau of Mines (IBM), the ministry of mines as well as private companies which secured licences...

-The Economic Times The central government has banned states from allowing sale or export of iron ore by companies granted mining leases for own steel production. "The entire ore produced in the mining operation (of captive mines) shall be used exclusively for own consumption in iron or steel making and cannot be either sold in India or exported to other countries," the mines ministry said in an order issued on September...

-The Indian Express DIPP officials cite regulatory issues, problems in checking inter-state transactions in e-commerce activities The new rules that allow foreign retail chains to pick up to 51% stake in Indian supermarkets will not apply to e-commerce companies in the business-to-consumer (B2C) space. This means while the US-based retail firm Walmart can pick up a 51% stake in Bharti Retail, the JV firm cannot sell its products online through that entity....

-Outlook The Delhi University today assured the high court here that it would ensure punctuality among its teachers and install biometric attendance register system in its various colleges. "The university is committed to implementation of the biometric system, said the Delhi University (DU) registrar in an affidavit to the Delhi High Court bench of Acting Chief Justice A K Sikri and Justice Rajiv Sahai Endlaw. Accepting DU's assurance, the bench today disposed of...