-The Economic Times HYDERABAD: Numerous pharmacies - especially those operating on rented space - are shutting down across the country, hurt by a sharp decline in margins after the introduction of a new pricing policy for medicines and intense competition from bigger players. The new Drug Price Control Order (DPCO), which was notified on May 15, has made the prices of some 150 drugs fall steeply. Under this, companies and retailers are...

-PTI MUMBAI: The demand for foodgrain warehousing is expected to grow by 5-6 per cent annually in the next five years, according to a report by Rabobank. The growth will be driven by a range of factors, including the government focus on food security, current storage space shortage and the recently announced National Food Security Bill, Rabobank analyst Vaishali Chopra said. "The country must see improvements to its existing storage system as well...

-PTI     Will be sold to passengers using State Express Transport Corporation buses Kicking off its latest populist initiative, the government on Sunday began selling packaged drinking water to long-distance bus commuters at a price of Rs. 10 for a litre. Branded as ‘Amma' drinking water after Chief Minister Jayalalithaa, the product will be sold to passengers using State Express Transport Corporation buses, and also retailed at bus terminuses across the state. Facility inaugurated Ms. Jayalalithaa...

-The Telegraph Kolkata: The Mamata Banerjee government today announced a scheme to allow big private investors to directly procure farm produce - a segment that Buddhadeb Bhattacharjee could not liberate from the stranglehold of the Forward Bloc. The scheme titled Brihat Krishak Bazar Yojana, which loosely translates into mega farmer market programme, seeks to "connect the local market to high-growth demand centres" and weed out middlemen. The project will allow private developers to...

-The Times of India NEW DELHI: Concerns of industry took a backseat as political parties, spurred by the oncoming election season, joined hands in Lok Sabha on Thursday to pass the land acquisition bill that enshrines consent of landowners and steep hikes in compensation. As when the food security bill was passed earlier this week, competitive populism took centrestage with Congress toasting Rahul Gandhi as the inspiration behind the legislation and BJP...