-The Economic Times WASHINGTON: Big Pharma found little support from the small guy on the street as the Indian Supreme Court's decision to reject patent claims of the drug maker Novartis for its celebrated cancer medicine Glivec reverberated across the world. The pharma lobby railed against the decision but the overwhelming sentiment, from physicians to politicians, from academia to media, particularly in a country groaning from the high cost of health care,...

-The Business Standard Ashok Gulati in a paper also gave measures to contain the inflation As India's food inflation continues to remain stubbornly high - it was in double digit for the third straight month in February 2013 at 11.38% - a discussion paper floated by eminent agriculture economist and chairman of Commission for Agriculture Costs and Prices (CACP) Ashok Gulati has blamed high fiscal deficit, rising farm wages and global food...

-The Times of India Direct transfer of benefits in cash to targeted beneficiaries of food and fertilizer subsidies could save an estimated Rs 60,000 cr and help trim the fiscal deficit which, in turn, may calm stubbornly high food inflation, a study by a government wing has shown. The study showed that policies to rein in food inflation would require winding down of the fiscal deficit, which has gone above 8% of...

-The Times of India BJP-led Madhya Pradesh dislodges champion Bihar from its numerouno position in terms of highest growth of gross state domestic product. The provisional data released by the Central Statistical Organisation for 2012-13 for states shows Bihar's growth has slowed, slipping from an impressive 13.26% last year to a single digit 9.48% this year as against 10% clocked by MP. Other backward states have maintained their upward trajectory, with Jharkhand...

-The Business Standard According to Economic Survey of the state, contribution of primary sector in the GDP of state is continuously declining since 2004-05 Having distinction of being the pioneer of Green Revolution, Punjab is facing stagnancy in agriculture production and constant decline in primary sector's share in state GSDP. According to Economic Survey of the state, contribution of primary sector(which comprises mainly agriculture and allied activities) in the GDP of state...