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Interest rates may fall as inflation slows to 3-year low

-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing relief for the politically beleaguered government. Lower interest rates would provide relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...

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Why Novartis case will help innovation-Achal Prabhala and Sudhir Krishnaswamy

-The Hindu The Supreme Court judgment on Glivec is a blow for a patent regime with a higher threshold of inventiveness On April 1, 2013, the Supreme Court upheld the Intellectual Property Appellate Board's decision to deny patent protection to Novartis's application covering a beta crystalline form of imatinib -the medicine Novartis brands as Glivec, and which is very effective against the form of cancer known as chronic myeloid leukaemia (CML). The...

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State of the Urban Youth India 2012: Employment, Livelihoods, Skills

-www.esocialsciences.com and Iris Knowledge Foundation Every third person you meet in an Indian city today is a youth.  In about seven years the median age in India will be 29 years, very likely of a city-dweller, making it the youngest country in the world. The State of the Urban Youth India 2012: Employment, Livelihoods, Skills is published by IRIS Knowledge Foundation (IKF), Mumbai India for the UN-HABITAT Global Urban Youth Research...

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SC’s Novartis judgement renews focus on accessible medicine

The recent Supreme Court judgment dismissing pharma giant Novartis’ claim for patent protections in India for its award-winning and prohibitively priced anti-leukemia drug Glivec has renewed the focus on accessibly-priced drugs – in particular the failure of the Indian public healthcare system and health policy to ensure affordable drugs for all. Studies show that as much as 70% of health spending in India comes from out-of-pocket payments, with 50-80% of...

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Has India lost the 21st century?-Avalok Langer

-Tehelka With 65 percent of the population below the age of 35, India boasts of an unparalleled generational dividend, but are we turning this potential into a disaster? Avalok Langer spots a ticking time bomb Nutrition & Health* 40% of children in India are malnourished 43% of children in the age group of 12-23 months receive full immunisation 48%+ of children are underweight 50%+ of all deaths under age 5 are related to malnutrition 45% of children...

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