-The Indian Express Setting aside Russian contentions, the government has decided that the next two reactors in Kudankulam will come under the new civil nuclear liability law, and not be covered by the agreement on Kudankulam 1 and 2. The move, which comes a month before Russian President Vladimir Putin’s visit to India, is expected to provoke a major price escalation in the deal, with the Russian side likely to go back...
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US retail giant Walmart to source locally in India-Dipti Jain
-The Times of India GURGAON: US retail giant Walmart is planning a series of partnerships with small and mid-level suppliers in India across product categories to create a big list of private label brands that will be priced substantially lower - as much as 10-15% - than established products and brands. The move is part of the company's strategy to go deeper into the Indian market and create cost-effective and efficient...
More »A short-sighted cap-Chandra M Gulhati
-The Indian Express The government’s proposal to price-control certain drugs will create more problems than it will solve From clothes to cars, prices of consumer products the world over are determined taking into account input costs, margins and competition, popularly called the cost-based pricing system. Departing from this sound, fair, tried and tested principle of commerce, the government’s new drug pricing policy, approved by the Group of Ministers headed by Sharad Pawar,...
More »1.8 Million Children Affected in Assam Floods: NGO
-Outlook Altogether 1.8 million children have been affected in the floods and struggling daily to meet their basic needs such as food, water, medicare and education during the past three months in Assam, as per an estimate of an internationally active NGO. "Out of the total affected population of 4.89 million, the number of children was 1.8 million and many of them were affected twice," 'Save the Children' Chief Executive Officer Thomas...
More »Views of states sought to treat terrorism and organised crime as 'federal crimes'-Aman Sharma
-The Economic Times The home ministry has sought the opinion of all states on whether offences like terrorism and organised crime can be treated as federal frames. It has forwarded the 5th Report of the second Administrative Reforms Commission (ARC) to states, asking for their comments on each of the 152 recommendations that relate to state governments. This report, submitted to the government in June 2007, is among the only two...
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