-The Economic Times Foreign pharma companies could be forced to overhaul their strategy for the Indian market by striking more local deals and cutting sky-high drug prices after the Supreme Court slammed the door on Swiss giant Novartis' attempts to gain a patent for its blood cancer-busting drug Glivec. But the ruling, welcomed by activists campaigning for affordable drugs and local generic companies, threatened to reinforce a narrative that India...
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Justice Big Mouth- Rahul Kotiyal and Ajachi Chakrabarti
-Tehelka A public issue is not truly public unless Markandey Katju has passed judgement. Rahul Kotiyal and Ajachi Chakrabarti stand downwind "Journalists" writes Markandey Katju, with little sense of irony, "comment on everything under the sun." He goes on to say that when the shoe is on the other foot, when someone comments on journalism, it is misconstrued as an attack on press freedom. That when he announces he is appointing a...
More »Jairam alleges road building scam in UP-Kavita Chowdhury
-The Business Standard Demands CBI inquiry into Rs 2.4 crore road construction scam Union Rural Development Minister Jairam Ramesh has scolded the Akhilesh Yadav-led Samajwadi Party government in Uttar Pradesh over an alleged Rs 2.4 crore fund embezzlement under the Pradhan Mantri Grameen Sadak Yojana (PMGSY) in the state. He has asked for an inquiry by the Central Bureau of Investigation (CBI). The issue pertains to construction of five roads in Sultanpur district,...
More »Raghunath Mohanty, former Odisha law minister, arrested in dowry torture case
-PTI BHUBANESWAR: Former Odisha minister Raghunath Mohanty and his wife were arrested from neighbouring West Bengal in a dowry torture case slapped by their daughter-in-law, police said on Saturday. "Mohanty and his wife Pritilata Mohanty were arrested from a place in Howrah district of West Bengal by a team of human rights protection cell of Odisha police," highly placed police sources said here. Acting on a specific information, a "crack" team of HRPC...
More »Private banks reluctant about rural lending -Dinesh Unnikrishnan
-Live Mint Experts say private banks achieve lending obligations by buying out loans from non-banking entities Most private banks in India have not been able to meet the needs of farmers although they are expanding their rural and semi-urban branch network. This is why the Reserve Bank of India (RBI) is insisting that at least one-fourth of the branches of the new banks that will be given a licence must be located...
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