-The Economic Times MUMBAI: In a setback to Sanofi SA, the Bombay High Court has dismissed the plea filed by the French pharmaceutical major saying 'superior' packaging cannot be the argument for higher pricing of drugs. The court order also clarified that fixing the prices of drugs in the country will remain in the domain of the National Pharmaceutical Pricing Authority. In its argument, the pharmaceutical company had said it had relied...
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SC stays own order for appointment of retired judges to info panels
-The Times of India The Supreme Court on Tuesday stayed its seven-month-old controversial order directing governments to appoint retired SC and HC judges as heads of Central Information Commission and State Information Commissions. In an interim order passed on a petition by the Union government seeking review of the apex court's September 13, 2012 judgment, a bench of Justices A K Patnaik and Arjan K Sikri also stayed the earlier directive to...
More »Interest rates may fall as inflation slows to 3-year low
-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing Relief for the politically beleaguered government. Lower interest rates would provide Relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...
More »Why no RTI in 'progessive' Gujarat, Mr Modi? -Himanshu Kaushik
-The Times of India AHMEDABAD: Narendra Modi might be wanting to encash 'brand Gujarat' in 2014, but the state he rules still prohibits information under the RTI, which can check corruption to a great extent. In 2011-12, the Gujarat Information Commissioner received 5,224 complaints and appeals, of which 2,699 were disposed off - the disposal rate was 51.66 per cent. Of the 5,224 applications, 70 per cent were appeals. The report tabled in...
More »Drought fuels big business on wheels-Jaideep Hardikar
-The Telegraph JALNA AND AHMEDNAGAR: Sakharam Misal is frank. Water, he says, is big business. In Jalna district, which has run out of water, the man in his late 50s is among the most sought after. He runs a water tanker business and sells water to the thirsty millions. Misal's cellphone keeps ringing with desperate calls for water. His tankers are booked in advance and the waiting list stretches over a week. Drought,...
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