-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...
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Yogendra Yadav on why neither Congress, BJP & Left will benefit from political crisis
-The Economic Times Opining that the government has got 'fed up' of the Trinamool Congress (TMC), political analyst Yogendra Yadav told ET Now that government has closed its doors for the TMC. This he feels has been evident for a long time. With the local relations in West Bengal turning sour, Congress sees little benefit from tieing up with TMC, he said. Asked about the liklihood of the Samajhwadi Party (SP) extending support...
More »Bharat bandh evokes mixed response; train services disrupted
-The Times of India The opposition-sponsored Bharat bandh demanding a rollback of the government's decision to hike diesel prices, cap subsidised cooking gas cylinders and allow foreign direct investment in multi-brand retail has evoked mixed response across the nation. Besides the NDA and the Left, the Thursday shutdown has the support of parties like the Samajwadi Party, the TDP, the BJD and many others. In Tamil Nadu, the DMK, which is an ally...
More »Left, right & Centre mum on UP riots -Subodh Ghildiyal
-The Times of India The political silence over yet another religious clash in Uttar Pradesh showcased the importance of Mulayam Singh Yadav in the current flux, with neither the right nor the Left wanting to annoy him. The killing of six Muslims in police firing following arson over desecration of the Quran wrecked the peace in industrial Ghaziabad. While the clash involved police and a violent mob, it was the sixth communal...
More »Novartis subsidy promise with rider
-The Telegraph Swiss pharma company Novartis today told the Supreme Court that if it gets an Indian patent on its anti-cancer drug Glivec, it would continue giving free drugs to 85 per cent patients till 2018 provided prices were left untouched. But the court described its scheme of classifying people on the basis of their incomes as “too complicated” and again urged the company to reduce prices. Whatever the scheme, the end result...
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