A committee headed by Planning Commission member Arun Maira, the former head of The Boston Consulting Group in India, wants all acquisitions of Indian pharmaceutical companies by foreigners to be scanned by the Competition Commission of India or CCI. The report will now be sent to Prime Minister Manmohan Singh and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Prime Minister Singh is expected to take a final view on the...

The Calcutta high court upheld the Singur Land Rehabilitation and Development Act on Wednesday, saying that it was within the powers of West Bengal’s legislators to impose such a law, rejecting the challenge by Tata Motors Ltd over the seizure of land that was meant for its Nano factory. Justice I.P. Mukerji said in the judgement, however, that the Hooghly “district officials have exceeded their powers in taking possession of the...

The state's rice bowl is left empty An unviable minimum support price (MSP) for rice has forced farmers in Andhra Pradesh to leave their lands fallow. The movement is spreading to other states. “Farming never pays” is a familiar slogan among agriculturists across the world, and especially so in India. Nevertheless, many continue to cultivate their fields year after year, barely eking out an existence, toiling in the hope that the tide...

-The Indian Express   Cities in India and China drowned in a sea of automobiles are experiencing maximum health issues, like "acute" as well as "chronic" respiratory problems and lung cancers, due to air pollution, a UN body has said. The rising population of SUVs (sports utility vehicles), cars and two-wheelers in Indian cities, where it is a status symbol for middle classes to posses the latest automobiles, is having a deadly impact...

-IANS   The ongoing enumeration for a socio-economic census in the country will not be affected by the poverty line cut-off spelled out by the Planning Commission, according to a senior rural development ministry adviser. The Planning Commission informed the Supreme Court Tuesday that poverty line could be provisionally placed at around Rs.32 a day per capita in urban areas and Rs.26 in rural areas. Manjula Krishnan, chief economic adviser in the minstry, said...