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India has highest inflation rate in Asia

-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...

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Gujarat gets Lokayukta after a decade

-PTI GANDHINAGAR: Retired Gujarat high court judge DP Buch was on Wednesday sworn in as the state's fourth Lokayukta, a Post that lay vacant for a decade and over which chief minister Narendra Modi and governor Kamla Beniwal were on a collision course for three years. Justice Buch(retd) was sworn in as the anti-corruption ombudsman at a function in Raj Bhavan by governor Beniwal in the presence of Modi and assembly Speaker...

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New drug prices get SC booster dose

-The Telegraph New Delhi: The Supreme Court today ruled that once the government reduces the prices of essential drugs, the new rates would come into immediate effect and companies cannot continue selling at earlier prices. A bench of Justices R.M. Lodha and Kurien Joseph rejected the arguments of multinational giant GlaxoSmithKline Pharma that companies are entitled to sell drugs at old rates for 15 days to dispose off stocks. According to the bench,...

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Why beg at Bali? -Uttam Gupta

-The Indian Express India faces no risk of violating its commitments under WTO The Indian delegation, led by commerce minister Anand Sharma, is approaching the WTO Ministerial in Bali with a ‘begging bowl'. The government has agreed to the so-called ‘peace clause'-a euphemism for not taking any penal action for violating commitments under Agreement on Agriculture (AoA)-proposed by WTO Director General but with the caveat that this will remain in place until...

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‘Mixed picture’ of women’s progress shows need to better harness synergies –UN official

-The United Nations Despite significant progress in meeting international development goals for women's empowerment, gaps in key areas remain, which require a renewed effort from all partners to better integrate gender issues into the overall quest for sustainable development, a United Nations gender equality official said today. "It is ... essential to harness the synergies between gender equality, women's rights and empowerment with sustainable development in its three dimensions - economic, social,...

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