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DeMo shift challenged in SC by new mother -R Balaji

-The Telegraph New Delhi: A mother of newborn twins has challenged in the Supreme Court the RBI's decision not to accept demonetised notes till March 31 in spite of the Prime Minister giving such an assurance to the nation. Sudha Mishra, through her counsel Animesh Kumar, pleaded that she was expecting in November last year when the demonetisation was announced by Prime Minister Narendra Modi. The Delhi-based Mishra was then at her...

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The high price of Big Pharma greed -Leena Menghaney

-The Hindu In 2014, an Indian pharmaceutical company was globally the first to receive approval to market a biosimilar, thereby affordable version, of the breast cancer drug Trastuzumab. Almost immediately, Swiss pharmaceutical company Roche, innovator of the drug, filed a suit against the Indian Food & Drug Administration (FDA) to block its sale. The action firmly put their profits ahead of the lives of women with breast cancer. Roche effectively embroiled India’s...

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Politically opportune data -Jayati Ghosh

-The Indian Express GDP estimates are advance figures, but by the time they are revised only staid economists will be interested in them Unless we simply dreamt it, demonetisation delivered a massive shock to the economy in early November, which continued well into December because of slow pace remonetisation. The ensuing liquidity crunch affected most informal economic activity and some formal business, and economists generally agreed that declines in demand and disruption...

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Five reasons why economists doubt India's October-December GDP growth of 7% -Raj Kumar Ray

-Hindustan Times New Delhi: India’s economic growth of 7% during October-December has sparked a debate on how output grew so fast at a time when the country was facing its biggest-ever cash crunch after Prime Minister Narendra Modi announced on November 8 the demonetisation exercise, which weeded out 86% of the currency notes in circulation. Economists and experts cite at least five reasons why the government data of a robust economic growth...

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Farmers in Rajasthan pray for favourable weather

-The Times of India JAIPUR: Already upset with the abnormal weather conditions during March and April for two consecutive years, the farmers in Hadoti region and other parts of the state are jittery again.Though no abnormal conditions hinting at hail or dust storm have been witnessed so far, the farmers are praying to their local deities asking for favourable weather. It may be recalled that Prime Minister Narendra Modi had presented `Krishi...

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