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Private forecaster predicts normal monsoon this year

-The Times of India Early indications look good for this year's monsoon. A week before the India Meteorological Department makes its prediction for the 2013 season, a private weather analytics firm has forecast normal rains in the country, which it said is expected to be 103% of the season's average of 89cm. Private forecaster Skymet said central India is likely to have the least fluctuation from normal through the June-September season, which...

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Odisha Govt Extended Undue Benefits to Posco: CAG

-Outlook Bhubaneswar: The Comptroller and Auditor General (CAG) has found Odisha Government of extending undue benefits to South Korean steel major Posco in allotment of a piece of land in the state capital here. "The company was extended undue benefit in allotment of land disregarding zonal regulation and charging of premium at a reduced rate," the CAG in its latest report tabled in the Assembly yesterday said. The CAG observation was made based...

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Defiant in Dhinkia-Chitrangada Choudhury

-Live Mint Farmers resisting India's biggest FDI deal are paying a heavy price for their stand In June 2005, the Orissa government signed the country's biggest foreign direct investment deal yet with the South Korean steel manufacturer Posco for a $12 billion (around `65,856 crore) plant near Paradip in the mineral-rich state. Livelihoods in eight existing agricultural and fishing villages were to give way for the project that was intended to be...

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Glivec lesson for pharma: Patented drugs must be priced smartly-Kiran Mazumdar Shaw

-The Economic Times To ensure access to healthcare for all, India must harness innovation in discovering drugs, in developing therapeutics and in delivering affordable healthcare. It is in the light of these facts that one should evaluate the impact of the Indian Supreme Court's ruling in the case involving patent protection for Novartis AG's cancer drug, Glivec. Glivec was the first-of-its-kind cancer drug for leukaemia patients with patent protection in nearly 40...

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Agriculture vs technology -Deepak Pental

-The Indian Express No country has ever achieved prosperity without engaging with science and technology (S&T). The ascent of the West and its global domination owes much to its prowess in S&T. In Asia, Japan and South Korea and more recently China have taken the highway to prosperity by mastering technology and effectively dealing with complexity. Chinese economist Justin Yufi Lin in his book The Quest for Prosperity has argued that...

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