-Economic and Political Weekly The Supreme Court judgment on the Novartis-Glivec case is remarkable because it has gone beyond the specific technical and legal issues surrounding patents and has put the matter in a much larger political and economic perspective. The deeper implication of the judgment is that it is not only justified to deny patents when incremental innovation is trivial as in the Glivec case. The judgment has linked the...
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FDI in multibrand retail will not further reform agenda-Manoj Pant
-The Economic Times The crisis of the euro, a current account deficit of over 4%, double-digit inflation, corruption in governance and a failing political system. It would not be unfair to say that these factors have combined in varying degrees at different times to lead to the conclusion that the globally-acclaimed India growth story seems to be heading for an unhappy ending. Many have labelled this - unfairly, I think - as...
More »Many treaties to save the earth, but where's the will to implement them?-John Vidal
-The Guardian Governments spend years negotiating environmental agreements, but then willfully ignore them – it's a dismal record It's global agreement time again. In two weeks, 120 world leaders and 190-odd countries will go to the Rio+20 Earth summit and – unless the talks collapse – sign up to new international goals, pledges, targets, protocols and treaties, and promise to commit to sustainable development, protect the earth and use resources more wisely....
More »India to defend local-buy policy in solar mission as US, EU protest by Amiti Sen
India is readying to defend its policy requiring companies to source local content for the national solar mission project, a rule that has triggered protests from the US and the EU. The commerce department is talking to the ministry of new and renewable energy on how to argue its case should the dispute reach the World Trade Organisation. The ministry is responsible for executing the Jawahar Lal Nehru National Solar Mission,...
More »India’s drug ‘lifeline’ under threat by Mari Marcel Thekaekara
I never dreamed I’d ever wave the flag for Indian pharmaceutical companies. But some years ago, I discovered that India provides essential drugs to most of the world’s economically deprived nations. Many of the poorest people in India and Africa could not afford basic drugs if it were not for Indian drug companies. Astonishingly, India is known as the ‘pharmacy to the developing world’ and is something of a hero in...
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