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Amid dollar crunch, Pakistani importers head towards grey market for transaction

-Livemint.com After extreme rain and severe flooding, Pakistan is dealing with acute food shortage. Moreover, dollar crunch has kept Pakistani food importers at Mercy of grey market Extreme floods might not be a problem for Pakistanis anymore, but acute food shortage and drying forex reserve have made Pakistani food importers vulnerable to the grey market for payments. Under the grey market, the commodities are traded through markets that are unauthorised by the manufacturers....

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Oxfam's India Discrimination Report: Women in India earn less and get fewer jobs

-Press release by Oxfam India dated 15 September 2022 New Delhi: Oxfam India’s latest ‘India Discrimination Report 2022’ finds women in India despite their same educational qualification and work experience as men will be discriminated in the labour market due to societal and employers’ prejudices. The academically recognised statistical model applied in the India Discrimination Report is now able to quantify the discrimination women face in the labour market. The lower...

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Bajra sells below MSP in Haryana -Ravinder Saini

-The Tribune Rewari: FarMers in the district have been forced to sell their bajra (millet) produce to private buyers at much below minimum support price (MSP). The Union Government has fixed Rs 2,350 per quintal as MSP for bajra but it is being bought between Rs 1,750 and Rs 1,825 per quintal. Though the arrival of 71,000 quintals bajra has so far been registered in the local grain market, the state government is...

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Merchandise exports remain flat at $33 billion in August -Vikas Dhoot

-The Hindu On conservating estimate, exports will cross $750 billion amid global headwinds, said ComMerce Secretary India’s Merchandise exports contracted 1.15% in August to $33 billion, while inelastic imports of petroleum and coal remained firm, lifting imports above the $60 billion mark for the sixth successive month. The country’s goods trade deficit moderated slightly from the record $30 billion in July, but remained the second highest on record at $28.68 billion, more than...

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Why do unethical pharma practices thrive? -T Srikrishna and S Srinivasan

-The Hindu Business Line The laws concerned are riddled with loopholes. A mandatory, enforceable code for ethical pharmaceutical marketing is a must The recent kerfuffle over a particular brand of the painkiller paracetamol 650 mg tablet is not really over the particular brand as much as about the unethical marketing tactics of the pharmaceutical industry in India. Gone are the days when a Mere ball-point pen or a diary from a medical representative...

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