-The Telegraph New Delhi: The Supreme Court today ruled that once the government reduces the prices of essential drugs, the new rates would come into immediate effect and companies cannot continue selling at earlier prices. A bench of Justices R.M. Lodha and Kurien Joseph rejected the arguments of multinational giant GlaxoSmithKline Pharma that companies are entitled to sell drugs at old rates for 15 days to dispose off stocks. According to the bench,...

-PTI Allaying fears of a spurt in public expenditure ahead of Lok Sabha polls, finance minister P Chidambaram on Wednesday said government will not compromise on fiscal discipline, notwithstanding the defeat of Congress in four states, including Delhi and Rajasthan. Inaugurating the Delhi Economic Conclave, Chidambaram blamed the states for "inaction" to check Hoarding and said the incumbent government pays a price for high inflation. "The agenda, therefore, will be obvious. At the...

-The Times of India KOLKATA: You must have been complaining about rise in prices across categories - food or non-food. What you have not realized is West Bengal has become one of the most expensive states in India. Consumer price indices for October this year, filed with the Parliament barely a fortnight back, shows that Bengal's figure is now the second highest. Consumer price indices (CPI) for the rural Bengal during October...

-Outlook New Delhi: Delhi's Election Commission has detected instances of "paid news" relating to five candidates in the run-up to assembly election and added expenditure in this regard in their poll expenses. However, the Commission is yet to decide on the appeals of two Congress leaders including Revenue Minister Arvinder Singh and Sushil Gupta who have moved against the order of inclusion of amount spent on "paid news" in their poll expenses...

-The Hindustan Times Patna: Panic-stricken people in Meghalaya today rushed to grocery stores and purchased salt at exorbitant prices following wild rumours that the commodity was in short supply. In neighbouring West Bengal, similar rumours sent people in Siliguri, Darjeeling and Jalpaiguri districts rushing to stores and buy salt at Rs100-150 a kg since Thursday night. In Bihar, where it all started, the police arrested 21 persons on charges of Hoarding and...