-Bloomberg It wasn't the Gettsyburg Address -- unless it's poker faces we're comparing. Future historians aren't going to be parsing Prime Minister Manmohan Singh's speech for hidden meanings, and rhetoricians won't be delighting in the majesty of its style and the compression of its effects. It inflamed no passions, as did Mitt Romney's words about the "47 percent," and asserted no big idea or thesis, unless there was one contained in the...
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Soon, drugs may become cheaper -Rupali Mukherjee
-The Times of India MUMBAI: Consumers can look forward to a reduction in prices of essential medicines, with the Sharad Pawar-led Group of Ministers (GoM) planning to take a final decision on the pharmaceutical policy soon. The GoM will meet on September 27 to examine options under the market price-based mechanism to cap prices of drugs, which may lead to a reduction ranging from 25% to even 90% in some cases,...
More »Cabinet meets today; may cut sugar subsidy, hike dearness allowance for Government employees -Amit Chaturvedi
-NDTV The Union Cabinet is expected to meet this evening to consider a 7 per cent hike in the Dearness Allowance (DA) of Central government employees. Once approved, it will benefit over 52 lakh government employees. The Cabinet will also take a decision on computerisation of the Public Distribution System (PDS). A Food Ministry proposal seeks to digitise ration cards and fully computerise the PDS network especially at the back-end. Also, a bailout package...
More »FDI in Retail Not a Threat to Kirana Shops: Montek
-Outlook Allying fears that opening up of the retail sector for FDI will hurt small kirana shops, Plan Panel Deputy Chairman Montek Singh Ahluwalia today said modern retail is an expanding segment and it would more than double in a very short time. "I don't think FDI in retail is threat to small retailers. Modern retail is the expanding segment. Those who say that the small sector would be hurt, I think...
More »PM Manmohan Singh asks GoM to fast-track land acquisition bill
-The Times of India Prime Minister Manmohan Singh has asked members of the ministerial panel to expeditiously clear the land acquisition bill, showing urgency on the legislation that is part of the core Congress agenda but has been held up for three years because of in-house differences. The bill was referred to a group of ministers after the Cabinet erupted over its key provisions, with ministers handling economic and infrastructure wings arguing...
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