-The Hindu Chennai: The Dravida Munnetra Kazhagam will support the Food Security Bill only if it does not infringe on existing rights of Tamil Nadu, said party leader M. Karunanidhi on Friday. In a statement here, he said the Centre should not impose its provisions on State governments, but should allow them to implement it depending on the situation existing in every State. "It is a constructive approach on the part of the...
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Let’s talk about the growth strategy, stupid -Jayati Ghosh
-Tehelka.com The Sen-Bhagwati ‘debate' on economic policy is focussing on the wrong issues Several things are quite remarkable about the recent debate between Professor Amartya Sen and Professor Jagdish Bhagwati. The first surprise is that such a debate could become a major news item at all, making headlines and filling screen time on news channels, when it is about economic strategies that are normally discussed only in relatively small academic and policy...
More »Sharad Pawar not in favour of onion export ban
-PTI NEW DELHI: Amid rising onion prices hurting consumers, Agriculture Minister Sharad Pawar said he was not in favour of a ban on onion exports, saying such a move will hit India's image as a global supplier of farm produce. The Minister said the rise in onion prices is a "temporary situation" as heavy rains in major producing states like Maharashtra have affected supplies. "It is not fair to ban export of any...
More »Walmart's investment in Cedar violates FEMA, RBI rules: CBI -Rasul Bailay
-The Economic Times NEW DELHI: The Central Bureau of Investigation (CBI) has said Walmart's $100-million investment in Cedar Support Services, the holding company of Bharti Retail, in 2010, violated India's foreign exchange rules as well as Reserve Bank of India (RBI) guidelines but said as these violations did not fall within its purview, it cannot investigate the matter. "The case was analysed which reveals violations of RBI guidelines and Fema regulations," the...
More »Drug makers suffer an overdose of control-Bhupesh Bhandari
-The Business Standard The new price caps for 191 essential drugs are likely to introduce serious distortions in the market for these medicines The National Pharmaceutical Pricing Authority, or NPPA, has announced new price caps for 191 essential drugs that are 10 to 50 per cent lower than the current prices. Drug makers have 45 days to recall the earlier batches and send out new ones with the lower price tags. This...
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