-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,...

-PTI Allaying fears of a spurt in public expenditure ahead of Lok Sabha polls, finance minister P Chidambaram on Wednesday said government will not compromise on fiscal discipline, notwithstanding the defeat of Congress in four states, including Delhi and Rajasthan. Inaugurating the Delhi Economic Conclave, Chidambaram blamed the states for "inaction" to check hoarding and said the incumbent government pays a price for high inflation. "The agenda, therefore, will be obvious. At the...

-Outlook Indian Inc today said the outcome of elections in the four states should be seen as a strong message to the government as well as political parties for ensuring corruption-free rule and good governance. "Congress has been shown the door for poor political leadership and unconvincing approach to corruption," said businesswoman Kiran Mazumdar Shaw in a stern message as the poll results pouring in showed rout-like situation for the party in...

-The Indian Express Kolkata: The humble potato comes a poor second to pricey onion in State matters. But that was before Mamata Banerjee wielded the knife. Over the past couple of days, the West Bengal Police, directed by the Chief Minister, has seized thousands of trucks carrying potatoes to neighbouring states such as Orissa, Jharkhand and Bihar. Mamata's provocation was the rise in the price of the vegetable back home. However, while...

-The Telegraph Bhubaneswar: The Bengal government-designed potato shortage has prompted vegetable sellers in Odisha to plan a retaliation. The traders' associations in Balasore have threatened to detain trucks carrying Essential Commodities and fish from Andhra Pradesh and other states to Bengal on the national highway passing through this district in retaliation to the Bengal government's decision. Despite chief minister Naveen Patnaik requesting his counterpart in Bengal, the largest supplier of potato to Odisha,...