India is all set to unveil a path-breaking test for diabetes that will save both money and blood. The Indian Council of Medical Research (ICMR) is almost ready with a new digital finger-pricking blood sugar machine that will not require repeated use of testing strips. Significantly, it will cost less than Rs 2 per blood sample and require 1,000 times lesser blood than what glucose meters use now. Even better, it...

Prime Minister Manmohan Singh's direct involvement in the finance ministry has renewed reform vigour among officials, who plan steps to reform fuel pricing and accelerate domestic oil exploration, government and industry officials said. According to officials fuel pricing reforms are expected after mid July post Presidential poll, which would include a hike in diesel rates by atleast Rs 3 per litre and limiting highly subsidized cooking gas cylinders to four refills...

-The Hindu Observing that “Chief Information Commissioner Shailesh Gandhi has demonstrated complete lack of judicial discipline”, the Delhi High Court has quashed two orders passed by him on appeals by a RTI activist against denial of information sought by him from the Registrar of Companies regarding a company. The Registrar of Companies had denied information to the activist under the Right to Information Act saying that it was not within the purview...

The oil marketing companies are likely to slash the petrol prices by up to Rs. 4 a litre from July 1. The trigger: The steep fall in global prices of crude oil as well as petrol on which the companies base the domestic prices every fortnight. The price cut will come as a big respite for the consumer after the recent increase of Rs. 7.54 a litre on May 23...

-The Business Standard   Lopsided fertiliser policy is damaging farm output Even as the indifferent monsoon is threatening to affect crop sowing in the current season, the recent spike in the prices of some fertilisers and related developments in the fertiliser sector are adding to disquiet over kharif production prospects. The government’s move to slash subsidies on non-urea fertilisers early this year, coupled with the rupee’s depreciation, has led fertiliser companies to substantially...